Rents are right about where New Smyrna Beach'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 $2,370 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 New Smyrna Beach is at its highest level since Zillow's records here began in December 2021.
Rent in New Smyrna Beach changed +6.8% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent rose in 10 of the last 12 months.
30% of the median household income ($83,865) is $2,097 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,075); a 3-bedroom is $2,730.
Edgewater, 2 miles away, rents for 18% less ($1,951/mo), about $5,000 a year in savings.
From Zillow's monthly rent index (ZORI) for New Smyrna 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
New Smyrna Beach, FL is majority owner-occupied, has a large retiree population, 40.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How New Smyrna Beach, FL has changed in 5 years
Rent in New Smyrna Beach, FL has increased 23.3% since 2022, going from about $1,922 per month to roughly $2,370 today. On the earnings side, the typical household in New Smyrna Beach, FL now reports about $83,865, up from $66,159 in 2021. Income growth outran rent by about 3.5 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 29,674 to 31,974 between 2021 and 2024, a 7.8% change. About 22.5% of households rent today, against 20.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 35.1% to 40.2%. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and New Smyrna Beach, FL reflects that arc in its own way.
Discussions about New Smyrna Beach
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At $2,370/mo, how New Smyrna Beach rent compares to typical pay (30% rule).
New Smyrna Beach rent by bedroom count
Median rent for each apartment size in New Smyrna Beach. Click any size for full breakdown.
Tips for renters in New Smyrna Beach
Last updated: October 17, 2026
The median rent in New Smyrna Beach is $2,370/mo as of October 2026. A studio apartment averages $1,420/mo while a 2-bedroom runs $2,075/mo. One-bedroom apartments average $1,695/mo and 3-bedroom units go for $2,730/mo.
At 34% of local median household income ($83,865/yr), New Smyrna Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than New Smyrna Beach?
At $2,370/mo, rent takes ~34% of New Smyrna Beach's median household income ($83,865/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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