How much rent can you afford in Ormond Beach, FL?
Run your salary against Ormond Beach's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Ormond Beach
At a median rent of $2,083/mo, Ormond Beach is moderately stretched when measured against Ormond Beach median household income of $69,177/yr. Rent would consume roughly 36% of pre-tax income, and a salary of about $83,320 keeps rent at the recommended 30% threshold.
How Ormond Beach compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Ormond Beach?
On a $69,177 salary (the Ormond Beach median household income), the recommended ceiling is 30% of pre-tax income, or about $1,729/mo. Ormond Beach's median rent is $2,083/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Ormond Beach?
To keep Ormond Beach's $2,083/mo median rent under 30% of income, you'd need about $83,320/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Ormond Beach affordable on the median Florida income?
Ormond Beach is moderately stretched on a $69,177 income. Rent would take 36% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".