At $2,188/mo, rent takes about 63% of the local median household income, well above the 30% benchmark.
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 $2,188 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 Nokomis is 2.8% below its high of $2,252 in February 2025, at $2,188 as of September 2026.
Rent in Nokomis changed +1.3% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent has risen 2 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($41,916) is $1,048 a month. That is less than HUD's Fair Market Rent for a studio ($1,320).
Englewood, 15 miles away, rents for 24% less ($1,669/mo), about $6,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Nokomis. 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
Nokomis, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 25% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Nokomis, FL has changed in 5 years
Five years ago, renters in Nokomis, FL paid around $2,146 a month. That figure now sits near $2,188, up 2.0% from the 2022 baseline. On the earnings side, the typical household in Nokomis, FL now reports about $41,916, up from $43,793 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Nokomis, FL reflects that arc in its own way.
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At $2,188/mo, how Nokomis rent compares to typical pay (30% rule).
Nokomis rent by bedroom count
Median rent for each apartment size in Nokomis. Click any size for full breakdown.
Tips for renters in Nokomis
Last updated: October 17, 2026
The median rent in Nokomis is $2,188/mo as of October 2026. A studio apartment averages $1,320/mo while a 2-bedroom runs $1,920/mo. One-bedroom apartments average $1,640/mo and 3-bedroom units go for $2,520/mo.
At 63% of local median household income ($41,916/yr), Nokomis ranks as expensive compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.
Frequently asked questions
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Is rent going up or down in Nokomis?
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Which nearby cities are cheaper to rent in than Nokomis?
At $2,188/mo, rent takes ~63% of Nokomis's median household income ($41,916/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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