Rents are 3% below what Neptune Beach's 10-year trend predicts — a better deal than its own history suggests.
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 $2,897 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 Neptune Beach is 0.8% below its high of $2,920 in August 2026, at $2,897 as of September 2026.
Rent in Neptune Beach changed +7.1% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent rose in 9 of the last 12 months.
30% of the median household income ($119,294) is $2,982 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,430); a 4-bedroom is $3,070.
Atlantic Beach, 1 mile away, rents for 11% less ($2,591/mo), about $3,700 a year in savings.
From Zillow's monthly rent index (ZORI) for Neptune Beach. 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
Neptune Beach, FL is majority owner-occupied, has a median income above the national average, 60.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Neptune Beach, FL has changed in 5 years
Since 2022, the typical rent in Neptune Beach, FL has increased from $2,140 to $2,897, a 35.4% change over five years. Median household income rose from $98,856 to $119,294 between 2021 and 2024, a 20.7% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.2% since 2021, moving from about 6,880 residents to roughly 7,168. Renters now make up 26.9% of households, compared with 29.3% five years ago. Taken together, the five-year picture in Neptune Beach, 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.
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Can you afford rent in Neptune Beach on your salary?
At $2,897/mo, how Neptune Beach rent compares to typical pay (30% rule).
Neptune Beach rent by bedroom count
Median rent for each apartment size in Neptune Beach. Click any size for full breakdown.
Tips for renters in Neptune Beach
Last updated: October 17, 2026
The median rent in Neptune Beach is $2,897/mo as of October 2026. A studio apartment averages $1,550/mo while a 2-bedroom runs $1,940/mo. One-bedroom apartments average $1,630/mo and 3-bedroom units go for $2,430/mo.
At 29% of local median household income ($119,294/yr), Neptune Beach ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.1% over the past year.
Frequently asked questions
How much income do you need to rent in Neptune Beach?
Is rent going up or down in Neptune Beach?
How does Neptune Beach rent compare to other cities in Florida?
Which nearby cities are cheaper to rent in than Neptune Beach?
At $2,897/mo, rent takes ~29% of Neptune Beach's median household income ($119,294/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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