City Report · FL

Lynn Haven

Pop. 20,081·203rd most expensive in Florida·Lynn Haven rents are up 7.0% over the past year
Median rent (all units)
$1,937/mo
Year-over-Year
+7.0%
Month-over-Month
+0.8%
vs US Median
-$28
Rising (Monthly)
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Most AffordableMost Expensive
Lynn Haven · $1,937
More expensive than 55% of US cities · National median $1,965/mo
Rent Reality Score
43/100
Fairly priced
OverheatedFairGreat value

Rents are 4% above what Lynn Haven's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,937/mo
Expected by trend
$1,871/mo
The Rent Reality Score compares today's median rent to where Lynn Haven's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,550
1 BR
$1,560
2 BR
$1,820
3 BR
$2,420
4 BR+
$3,060
Research median
$1,820/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,244/yr
At $1,937/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.0% YoY, +0.8% MoM), not inventory.
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Demographics

Who lives here

Lynn Haven, FL is majority owner-occupied, 35.5% of residents hold a bachelor's degree or higher.

Population
20,081
Median income
$80,973
Median age
37.3
Renters
35.6%
Age distribution
24.2%
22.2%
26.7%
15.6%
Under 1824.2%
18–3422.2%
35–5426.7%
55–6411.3%
65+15.6%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
73.8%
White73.8%
Black6.8%
Hispanic11.6%
Asian3.8%
Other4%
Education (25+)
20.6%
35.4%
35.5%
No HS diploma8.5%
HS diploma20.6%
Some college35.4%
Bachelor's+35.5%
Housing tenure
64.4%
35.6%
Owner64.4%
Renter35.6%

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

2022 vs 2026

How Lynn Haven, FL has changed in 5 years

Rent
$1,652 → $1,937
up 17.3%
Income
$71,812 → $80,973
up 12.8%
Population
19,425 → 20,081
up 3.4%
Renter share
33.7% → 35.6%
+1.9 pts
Bachelor's+
30.5% → 35.5%
+5.0 pts
Median age
32.9 → 37.3
+4.4 yrs

The median rent in Lynn Haven, FL stood at $1,652 in 2022 and currently runs about $1,937, reflecting a 17.3% increase over the period. Census figures show median household income at $80,973 today, compared with $71,812 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.4% since 2021, moving from about 19,425 residents to roughly 20,081. Renters now make up 35.6% of households, compared with 33.7% five years ago. College-educated residents now make up 35.5% of adults here, versus 30.5% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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View Lynn Haven rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lynn Haven on your salary?

At $1,937/mo, how Lynn Haven rent compares to typical pay (30% rule).

By apartment size

Lynn Haven rent by bedroom count

Median rent for each apartment size in Lynn Haven. Click any size for full breakdown.

Local insights

Tips for renters in Lynn Haven

About renting in Lynn Haven, FL

Last updated: July 20, 2026

The median rent in Lynn Haven is $1,937/mo as of July 2026. A studio apartment averages $1,550/mo while a 2-bedroom runs $1,820/mo. One-bedroom apartments average $1,560/mo and 3-bedroom units go for $2,420/mo.

At 29% of local median household income ($80,973/yr), Lynn Haven ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

Is Lynn Haven an affordable city for renters?

Lynn Haven is considered affordable for renters. At $1,937/mo, rent takes approximately 29% of the local median household income ($80,973/yr). The standard benchmark is 30%. Lynn Haven falls comfortably within that range.

How much income do you need to rent in Lynn Haven?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,937/mo in Lynn Haven. The local median household income is $80,973/yr, meaning the typical Lynn Haven household meets that threshold.

Is rent going up or down in Lynn Haven?

Rent in Lynn Haven has increased 7.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Lynn Haven rent compare to other cities in Florida?

Lynn Haven is one of the more affordable cities in Florida for rent, ranking #203 out of 288 tracked cities at $1,937/mo.

Which nearby cities are cheaper to rent in than Lynn Haven?

Several nearby cities have lower median rents than Lynn Haven ($1,937/mo): Springfield ($1,367/mo), Panama City Beach ($1,666/mo), Panama City ($1,744/mo).

What percentage of Lynn Haven residents rent vs. own?

According to Census data, approximately 35.6% of Lynn Haven households are renters, while 64.4% are owner-occupied. Lynn Haven leans toward homeownership, which can mean a smaller rental inventory.

How does Lynn Haven rent compare to the national average?

Lynn Haven's median rent of $1,937/mo is $28 (1%) below the US national median of $1,965/mo. Within Florida, it ranks #203 out of 288 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,937/mo, rent takes ~29% of Lynn Haven's median household income ($80,973/yr). The standard benchmark is 30%.

Lynn Haven 29%Benchmark 30%
State income taxNone
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Neighborhoods

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Schools nearby

Public schools near Lynn Haven, FL

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