City Report · FL

Green Cove Springs

Pop. 10,044·124th most expensive in Florida·Rental market data updated monthly for Green Cove Springs, FL
Median rent (all units)
$2,209/mo
Year-over-Year
+1.7%
Month-over-Month
+1.1%
vs US Median
+$277
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Green Cove Springs · $2,209
More expensive than 70% of US cities · National median $1,932/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Green Cove Springs's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,209/mo
Expected by trend
$2,378/mo
The Rent Reality Score compares today's median rent to where Green Cove Springs's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,390
2 BR
$1,660
3 BR
$2,070
4 BR+
$2,620
Fair Market Rent (HUD)
$1,660/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,209 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

February. Asking rents in Green Cove Springs usually run 1.3% below trend in February and 1.1% above it in September, about $53 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Green Cove Springs is at its highest level since Zillow's records here began in November 2020.

Past year vs. the rest of Florida

Rent in Green Cove Springs changed +1.7% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($75,142) is $1,879 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,660); a 3-bedroom is $2,070.

Cheaper nearby

Saint Johns, 13 miles away, rents for 11% less ($1,962/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Green Cove Springs. 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
$26,508/yr
At $2,209/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.7% YoY, +1.1% MoM), not inventory.
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Demographics

Who lives here

Green Cove Springs, FL is majority owner-occupied, 27.3% of residents hold a bachelor's degree or higher.

Population
10,044
Median income
$75,142
Median age
37.3
Renters
35%
Age distribution
21.1%
23.6%
26.5%
17.4%
Under 1821.1%
18–3423.6%
35–5426.5%
55–6411.5%
65+17.4%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
68.8%
13.9%
White68.8%
Black13.9%
Hispanic9.1%
Asian1%
Other7.2%
Education (25+)
31%
33.9%
27.3%
No HS diploma7.8%
HS diploma31%
Some college33.9%
Bachelor's+27.3%
Housing tenure
65%
35%
Owner65%
Renter35%

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

2021 vs 2026

How Green Cove Springs, FL has changed in 5 years

Rent
$1,656 → $2,209
up 33.4%
Income
$59,200 → $75,142
up 26.9%
Population
9,351 → 10,044
up 7.4%
Renter share
21.7% → 35%
+13.3 pts
Bachelor's+
26.2% → 27.3%
+1.1 pts
Median age
40.5 → 37.3
-3.2 yrs

Since 2021, the typical rent in Green Cove Springs, FL has climbed from $1,656 to $2,209, a 33.4% change over five years. Local incomes tracked alongside that move, going from a median of $59,200 in 2021 to $75,142 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.4% since 2021, moving from about 9,351 residents to roughly 10,044. Renters now make up 35% of households, compared with 21.7% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Green Cove Springs, FL market of 2021.

Community

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View Green Cove Springs rent history (2015–2026) →
Salary vs rent

Can you afford rent in Green Cove Springs on your salary?

At $2,209/mo, how Green Cove Springs rent compares to typical pay (30% rule).

By apartment size

Green Cove Springs rent by bedroom count

Median rent for each apartment size in Green Cove Springs. Click any size for full breakdown.

Local insights

Tips for renters in Green Cove Springs

About renting in Green Cove Springs, FL

Last updated: October 17, 2026

The median rent in Green Cove Springs is $2,209/mo as of October 2026. A studio apartment averages $1,320/mo while a 2-bedroom runs $1,660/mo. One-bedroom apartments average $1,390/mo and 3-bedroom units go for $2,070/mo.

At 35% of local median household income ($75,142/yr), Green Cove Springs ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Green Cove Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (about $42/hour full-time) to afford the median rent of $2,209/mo in Green Cove Springs. The local median household income is $75,142/yr, so the typical household falls short of that bar.

Is rent going up or down in Green Cove Springs?

Rent in Green Cove Springs has risen 1.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2020.

When is the cheapest time to rent in Green Cove Springs?

Asking rents in Green Cove Springs are usually lowest in February, about 1.3% below their yearly trend, and highest in September, about 1.1% above it. At today's median that is a gap of roughly $53 a month. This pattern comes from 5 years of Zillow rent data.

How does Green Cove Springs rent compare to other cities in Florida?

Green Cove Springs is in the middle among Florida cities for rent, ranking #124 of 289 tracked cities at $2,209/mo. Over the year to September 2026, rent in Green Cove Springs changed +1.7%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Green Cove Springs?

Nearby cities with lower median rent than Green Cove Springs ($2,209/mo) include Palatka ($1,371/mo), Orange Park ($1,605/mo), and Middleburg ($1,940/mo).
Income Affordability
35%
MODERATE

At $2,209/mo, rent takes ~35% of Green Cove Springs's median household income ($75,142/yr). The standard benchmark is 30%.

Green Cove Springs 35%Benchmark 30%
State income taxNone
Run the Green Cove Springs affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Green Cove Springs, FL

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