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City Report · FL

Newberry

Pop. 7,865·139th most expensive in Florida·Newberry rents are up 6.5% over the past year
Median rent (all units)
$2,159/mo
Year-over-Year
+6.5%
Month-over-Month
-2.8%
vs US Median
+$194
Falling (Monthly)
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Most AffordableMost Expensive
Newberry · $2,159
More expensive than 67% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $2,159/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$86,000/yr
Local median income
$89,552/yr
Based on the 30%-of-income rule using Newberry's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,400
2 BR
$1,700
3 BR
$2,160
4 BR+
$2,250
Research median
$1,700/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
$25,908/yr
At $2,159/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+6.5% YoY, -2.8% MoM), not inventory.
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Demographics

Who lives here

Newberry, FL is majority owner-occupied, has a median income above the national average, 38.3% of residents hold a bachelor's degree or higher.

Population
7,865
Median income
$89,552
Median age
36.4
Renters
6.6%
Age distribution
24.5%
24.3%
25.4%
13%
12.8%
Under 1824.5%
18–3424.3%
35–5425.4%
55–6413%
65+12.8%
Gender
52.5%
47.5%
Male52.5%
Female47.5%
Race & ethnicity
61.8%
18.3%
18.4%
White61.8%
Black18.3%
Hispanic18.4%
Asian3.3%
Education (25+)
21.2%
38.7%
38.3%
No HS diploma1.8%
HS diploma21.2%
Some college38.7%
Bachelor's+38.3%
Housing tenure
93.4%
Owner93.4%
Renter6.6%

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

2021 vs 2026

How Newberry, FL has changed in 5 years

Income
$71,734 → $89,552
up 24.8%
Population
7,261 → 7,865
up 8.3%
Renter share
14.1% → 6.6%
-7.5 pts
Bachelor's+
28.8% → 38.3%
+9.5 pts

Household income in the area moved from $71,734 to $89,552 across the same window, up 24.8% versus 2021. The population has grown by 8.3% since 2021, moving from about 7,261 residents to roughly 7,865. Renters now make up 6.6% of households, compared with 14.1% five years ago. College-educated residents now make up 38.3% of adults here, versus 28.8% in 2021.

Community

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

Can you afford rent in Newberry on your salary?

At $2,159/mo, how Newberry rent compares to typical pay (30% rule).

By apartment size

Newberry rent by bedroom count

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

Local insights

Tips for renters in Newberry

About renting in Newberry, FL

Last updated: July 20, 2026

The median rent in Newberry is $2,159/mo as of July 2026. A studio apartment averages $1,260/mo while a 2-bedroom runs $1,700/mo. One-bedroom apartments average $1,400/mo and 3-bedroom units go for $2,160/mo.

At 29% of local median household income ($89,552/yr), Newberry ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

Is Newberry an affordable city for renters?

Newberry is considered affordable for renters. At $2,159/mo, rent takes approximately 29% of the local median household income ($89,552/yr). The standard benchmark is 30%. Newberry falls comfortably within that range.

How much income do you need to rent in Newberry?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (~$41/hour full-time) to afford the median rent of $2,159/mo in Newberry. The local median household income is $89,552/yr, meaning the typical Newberry household meets that threshold.

Is rent going up or down in Newberry?

Rent in Newberry has increased 6.5% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Newberry rent compare to other cities in Florida?

Newberry is middle-of-the-pack for Florida for rent, ranking #139 out of 288 tracked cities at $2,159/mo.

Which nearby cities are cheaper to rent in than Newberry?

Several nearby cities have lower median rents than Newberry ($2,159/mo): Lake City ($1,540/mo), Ocala ($1,582/mo), Gainesville ($1,657/mo).

What percentage of Newberry residents rent vs. own?

According to Census data, approximately 6.6% of Newberry households are renters, while 93.4% are owner-occupied. Newberry leans toward homeownership, which can mean a smaller rental inventory.

How does Newberry rent compare to the national average?

Newberry's median rent of $2,159/mo is $194 (10%) above the US national median of $1,965/mo. Within Florida, it ranks #139 out of 288 tracked cities.
Income Affordability
29%
AFFORDABLE

At $2,159/mo, rent takes ~29% of Newberry's median household income ($89,552/yr). The standard benchmark is 30%.

Newberry 29%Benchmark 30%
State income taxNone
Run the Newberry affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newberry, FL

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