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City Report · FL

Green Cove Springs

Pop. 10,044·131st most expensive in Florida·Green Cove Springs rents are up 6.3% over the past year
Median rent (all units)
$2,181/mo
Year-over-Year
+6.3%
Month-over-Month
+1.6%
vs US Median
+$219
Rising (Monthly)
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Most AffordableMost Expensive
Green Cove Springs · $2,181
More expensive than 68% of US cities · National median $1,962/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Green Cove Springs's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,181/mo
Expected by trend
$2,269/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 $2,181 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: August 17, 2026

Annual cost
$26,172/yr
At $2,181/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.3% YoY, +1.6% 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
$1,599 → $2,181
up 36.4%
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 $1,599 to $2,181, a 36.4% 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 $2,181/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: August 17, 2026

The median rent in Green Cove Springs is $2,181/mo as of August 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 6.3% over the past year.

FAQ

Frequently asked questions

Is Green Cove Springs an affordable city for renters?

Green Cove Springs is considered moderate for renters. At $2,181/mo, rent takes approximately 35% of the local median household income ($75,142/yr). The standard benchmark is 30%. Green Cove Springs slightly exceeds that threshold, so budgeting carefully matters here.

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 $87,000/year (~$42/hour full-time) to afford the median rent of $2,181/mo in Green Cove Springs. The local median household income is $75,142/yr, meaning the typical Green Cove Springs household falls short of that threshold.

Is rent going up or down in Green Cove Springs?

Rent in Green Cove Springs has increased 6.3% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Green Cove Springs is middle-of-the-pack for Florida for rent, ranking #131 out of 291 tracked cities at $2,181/mo.

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

Several nearby cities have lower median rents than Green Cove Springs ($2,181/mo): Palatka ($1,381/mo), Orange Park ($1,707/mo), Middleburg ($1,980/mo).

What percentage of Green Cove Springs residents rent vs. own?

According to Census data, approximately 35% of Green Cove Springs households are renters, while 65% are owner-occupied. Green Cove Springs leans toward homeownership, which can mean a smaller rental inventory.

How does Green Cove Springs rent compare to the national average?

Green Cove Springs's median rent of $2,181/mo is $219 (11%) above the US national median of $1,962/mo. Within Florida, it ranks #131 out of 291 tracked cities.
Income Affordability
35%
MODERATE

At $2,181/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

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Public schools near Green Cove Springs, FL

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