City Report · FL

Minneola

Pop. 16,598·66th most expensive in Florida·Minneola rents are up 6.2% over the past year
Median rent (all units)
$2,528/mo
Year-over-Year
+6.2%
Month-over-Month
+0.2%
vs US Median
+$563
Stable (Monthly)
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Most AffordableMost Expensive
Minneola · $2,528
More expensive than 80% of US cities · National median $1,965/mo
Rent Reality Score
47/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Minneola's 10-year trend predicts.

Actual rent
$2,528/mo
Expected by trend
$2,487/mo
The Rent Reality Score compares today's median rent to where Minneola's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,980
1 BR
$2,090
2 BR
$2,370
3 BR
$3,010
4 BR+
$3,580
Research median
$2,370/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
$30,336/yr
At $2,528/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.2% YoY, +0.2% MoM), not inventory.
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Demographics

Who lives here

Minneola, FL is majority owner-occupied, has a large share of families with children, has a median income above the national average, 35.1% of residents hold a bachelor's degree or higher.

Population
16,598
Median income
$110,902
Median age
36.4
Renters
18.1%
Age distribution
26.7%
20.9%
32.4%
Under 1826.7%
18–3420.9%
35–5432.4%
55–649.8%
65+10.2%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
56.2%
31.1%
White56.2%
Black9.5%
Hispanic31.1%
Asian2.1%
Other1.2%
Education (25+)
24.3%
30.5%
35.1%
No HS diploma10.1%
HS diploma24.3%
Some college30.5%
Bachelor's+35.1%
Housing tenure
81.9%
18.1%
Owner81.9%
Renter18.1%

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

2023 vs 2026

How Minneola, FL has changed in 5 years

Rent
$2,184 → $2,528
up 15.8%
Income
$85,536 → $110,902
up 29.7%
Population
13,709 → 16,598
up 21.1%
Renter share
32.3% → 18.1%
-14.2 pts
Bachelor's+
26.5% → 35.1%
+8.6 pts
Median age
36.9 → 36.4
-0.5 yrs

The median rent in Minneola, FL stood at $2,184 in 2023 and currently runs about $2,528, reflecting a 15.8% increase over the period. Median household income rose from $85,536 to $110,902 between 2021 and 2024, a 29.7% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 21.1% since 2021, moving from about 13,709 residents to roughly 16,598. Renters now make up 18.1% of households, compared with 32.3% five years ago. College-educated residents now make up 35.1% of adults here, versus 26.5% in 2021. Taken together, the five-year picture in Minneola, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Minneola rent history (2015–2026) →
Salary vs rent

Can you afford rent in Minneola on your salary?

At $2,528/mo, how Minneola rent compares to typical pay (30% rule).

By apartment size

Minneola rent by bedroom count

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

Local insights

Tips for renters in Minneola

About renting in Minneola, FL

Last updated: July 20, 2026

The median rent in Minneola is $2,528/mo as of July 2026. A studio apartment averages $1,980/mo while a 2-bedroom runs $2,370/mo. One-bedroom apartments average $2,090/mo and 3-bedroom units go for $3,010/mo.

At 27% of local median household income ($110,902/yr), Minneola ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.2% over the past year.

FAQ

Frequently asked questions

Is Minneola an affordable city for renters?

Minneola is considered affordable for renters. At $2,528/mo, rent takes approximately 27% of the local median household income ($110,902/yr). The standard benchmark is 30%. Minneola falls comfortably within that range.

How much income do you need to rent in Minneola?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,528/mo in Minneola. The local median household income is $110,902/yr, meaning the typical Minneola household meets that threshold.

Is rent going up or down in Minneola?

Rent in Minneola has increased 6.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Minneola rent compare to other cities in Florida?

Minneola is one of the pricier cities in Florida for rent, ranking #66 out of 288 tracked cities at $2,528/mo.

Which nearby cities are cheaper to rent in than Minneola?

Several nearby cities have lower median rents than Minneola ($2,528/mo): Mount Dora ($1,911/mo), Tavares ($2,068/mo), Clermont ($2,114/mo).

What percentage of Minneola residents rent vs. own?

According to Census data, approximately 18.1% of Minneola households are renters, while 81.9% are owner-occupied. Minneola leans toward homeownership, which can mean a smaller rental inventory.

How does Minneola rent compare to the national average?

Minneola's median rent of $2,528/mo is $563 (29%) above the US national median of $1,965/mo. Within Florida, it ranks #66 out of 288 tracked cities.
Income Affordability
27%
AFFORDABLE

At $2,528/mo, rent takes ~27% of Minneola's median household income ($110,902/yr). The standard benchmark is 30%.

Minneola 27%Benchmark 30%
State income taxNone
Run the Minneola affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Minneola, FL

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