City Report · FL

Fleming Island

Pop. 29,766·172nd most expensive in Florida·Fleming Island rents are up 5.1% over the past year
Median rent (all units)
$2,025/mo
Year-over-Year
+5.1%
Month-over-Month
+0.8%
vs US Median
+$93
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Fleming Island · $2,025
More expensive than 62% of US cities · National median $1,932/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what Fleming Island's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,025/mo
Expected by trend
$2,154/mo
The Rent Reality Score compares today's median rent to where Fleming Island's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,920
1 BR
$2,020
2 BR
$2,400
3 BR
$3,000
4 BR+
$3,800
Fair Market Rent (HUD)
$2,400/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,025 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Fleming Island usually run 1.3% below trend in January and 0.7% above it in August, about $41 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Fleming Island is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in Fleming Island changed +5.1% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Fleming Island rose 44.9% while median household income rose 23.9% ($94,154 to $116,611). Rent outpaced income.

Since before the pandemic

Rent in Fleming Island is 51.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($116,611) is $2,915 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,400); a 3-bedroom is $3,000.

Cheaper nearby

Orange Park, 6 miles away, rents for 21% less ($1,605/mo), about $5,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Fleming Island. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,300/yr
At $2,025/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.1% YoY, +0.8% MoM), not inventory.
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Demographics

Who lives here

Fleming Island, FL is majority owner-occupied, has a large retiree population, has a median income above the national average, 49.6% of residents hold a bachelor's degree or higher.

Population
29,766
Median income
$116,611
Median age
47.7
Renters
14.7%
Age distribution
19.1%
17.1%
26.1%
15.7%
22%
Under 1819.1%
18–3417.1%
35–5426.1%
55–6415.7%
65+22%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
79.9%
White79.9%
Black3.8%
Hispanic11.2%
Asian4.2%
Other0.8%
Education (25+)
17.2%
30.4%
49.6%
No HS diploma2.9%
HS diploma17.2%
Some college30.4%
Bachelor's+49.6%
Housing tenure
85.3%
14.7%
Owner85.3%
Renter14.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Fleming Island, FL has changed in 5 years

Rent
$1,491 → $2,025
up 35.8%
Income
$103,019 → $116,611
up 13.2%
Population
29,505 → 29,766
up 0.9%
Renter share
13.6% → 14.7%
+1.1 pts
Bachelor's+
46.9% → 49.6%
+2.7 pts
Median age
46.1 → 47.7
+1.6 yrs

The median rent in Fleming Island, FL stood at $1,491 in 2021 and currently runs about $2,025, reflecting a 35.8% increase over the period. Household income in the area moved from $103,019 to $116,611 across the same window, up 13.2% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 49.6% of adults here, versus 46.9% in 2021. Reading these numbers side by side helps frame whether current listings in Fleming Island, FL look reasonable against where the market sat half a decade ago.

Community

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View Fleming Island rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fleming Island on your salary?

At $2,025/mo, how Fleming Island rent compares to typical pay (30% rule).

By apartment size

Fleming Island rent by bedroom count

Median rent for each apartment size in Fleming Island. Click any size for full breakdown.

Local insights

Tips for renters in Fleming Island

About renting in Fleming Island, FL

Last updated: October 17, 2026

The median rent in Fleming Island is $2,025/mo as of October 2026. A studio apartment averages $1,920/mo while a 2-bedroom runs $2,400/mo. One-bedroom apartments average $2,020/mo and 3-bedroom units go for $3,000/mo.

At 21% of local median household income ($116,611/yr), Fleming Island ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Fleming Island?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,025/mo in Fleming Island. The local median household income is $116,611/yr, so the typical household meets that bar.

Is rent going up or down in Fleming Island?

Rent in Fleming Island has risen 5.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Fleming Island?

Asking rents in Fleming Island are usually lowest in January, about 1.3% below their yearly trend, and highest in August, about 0.7% above it. At today's median that is a gap of roughly $41 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Fleming Island?

Yes. From 2019 to 2024, rent in Fleming Island rose 44.9% while median household income rose 23.9%, from $94,154 to $116,611. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Fleming Island rent compare to other cities in Florida?

Fleming Island is in the middle among Florida cities for rent, ranking #172 of 289 tracked cities at $2,025/mo. Over the year to September 2026, rent in Fleming Island changed +5.1%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Fleming Island?

Nearby cities with lower median rent than Fleming Island ($2,025/mo) include Jacksonville ($1,589/mo), Orange Park ($1,605/mo), and Middleburg ($1,940/mo).
Income Affordability
21%
VERY AFFORDABLE

At $2,025/mo, rent takes ~21% of Fleming Island's median household income ($116,611/yr). The standard benchmark is 30%.

Fleming Island 21%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fleming Island, FL

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