Rents are right about where Inverness's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,585 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Inverness is at its highest level since Zillow's records here began in September 2023.
Rent in Inverness changed +1.1% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent has risen 2 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($43,523) is $1,088 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($975); a 2-bedroom is $1,225.
From Zillow's monthly rent index (ZORI) for Inverness. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Inverness, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 19.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Inverness, FL has changed in 5 years
Census figures show median household income at $43,523 today, compared with $39,532 five years earlier. Census counts show Inverness, FL adding about 347 residents over the five-year window, up 4.7% on net. The renter share has eased from 34.6% to 29%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 15.1% to 19.9% across the same window.
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Can you afford rent in Inverness on your salary?
At $1,585/mo, how Inverness rent compares to typical pay (30% rule).
Inverness rent by bedroom count
Median rent for each apartment size in Inverness. Click any size for full breakdown.
Tips for renters in Inverness
Last updated: October 17, 2026
The median rent in Inverness is $1,585/mo as of October 2026. A studio apartment averages $965/mo while a 2-bedroom runs $1,225/mo. One-bedroom apartments average $975/mo and 3-bedroom units go for $1,715/mo.
At 44% of local median household income ($43,523/yr), Inverness ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.
Frequently asked questions
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Is rent going up or down in Inverness?
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How does Inverness rent compare to other cities in Florida?
At $1,585/mo, rent takes ~44% of Inverness's median household income ($43,523/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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