City Report · FL

Palm Coast

Pop. 98,258·209th most expensive in Florida·Rental market data updated monthly for Palm Coast, FL
Median rent (all units)
$1,925/mo
Year-over-Year
+1.8%
Month-over-Month
-1.5%
vs US Median
-$40
Falling (Monthly)
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Most AffordableMost Expensive
Palm Coast · $1,925
More expensive than 54% of US cities · National median $1,965/mo
Rent Reality Score
75/100
Good value
OverheatedFairGreat value

Rents are 13% below what Palm Coast's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,925/mo
Expected by trend
$2,206/mo
The Rent Reality Score compares today's median rent to where Palm Coast's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,380
1 BR
$1,390
2 BR
$1,765
3 BR
$2,415
4 BR+
$2,820
Research median
$1,765/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
$23,100/yr
At $1,925/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 (+1.8% YoY, -1.5% MoM), not inventory.
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Demographics

Who lives here

Palm Coast, FL is majority owner-occupied, has a large retiree population, 29.7% of residents hold a bachelor's degree or higher.

Population
98,258
Median income
$77,350
Median age
50.4
Renters
18.1%
Age distribution
17.1%
16.2%
22.4%
14.7%
29.5%
Under 1817.1%
18–3416.2%
35–5422.4%
55–6414.7%
65+29.5%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
71.3%
13.5%
White71.3%
Black10.6%
Hispanic13.5%
Asian2.6%
Other2.1%
Education (25+)
28.7%
34.3%
29.7%
No HS diploma7.3%
HS diploma28.7%
Some college34.3%
Bachelor's+29.7%
Housing tenure
81.9%
18.1%
Owner81.9%
Renter18.1%

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

2021 vs 2026

How Palm Coast, FL has changed in 5 years

Rent
$1,469 → $1,925
up 31.0%
Income
$61,847 → $77,350
up 25.1%
Population
88,313 → 98,258
up 11.3%
Renter share
23.4% → 18.1%
-5.3 pts
Bachelor's+
24.9% → 29.7%
+4.8 pts
Median age
49.7 → 50.4
+0.7 yrs

Five years ago, renters in Palm Coast, FL paid around $1,469 a month. That figure now sits near $1,925, up 31.0% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $61,847 in 2021 to $77,350 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Palm Coast, FL adding about 9,945 residents over the five-year window, up 11.3% on net. The renter share has eased from 23.4% to 18.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 24.9% to 29.7% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Palm Coast, FL market of 2021.

Community

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View Palm Coast rent history (2015–2026) →
Salary vs rent

Can you afford rent in Palm Coast on your salary?

At $1,925/mo, how Palm Coast rent compares to typical pay (30% rule).

By apartment size

Palm Coast rent by bedroom count

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

Local insights

Tips for renters in Palm Coast

About renting in Palm Coast, FL

Last updated: July 20, 2026

The median rent in Palm Coast is $1,925/mo as of July 2026. A studio apartment averages $1,380/mo while a 2-bedroom runs $1,765/mo. One-bedroom apartments average $1,390/mo and 3-bedroom units go for $2,415/mo.

At 30% of local median household income ($77,350/yr), Palm Coast ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

Is Palm Coast an affordable city for renters?

Palm Coast is considered moderate for renters. At $1,925/mo, rent takes approximately 30% of the local median household income ($77,350/yr). The standard benchmark is 30%. Palm Coast slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Palm Coast?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,925/mo in Palm Coast. The local median household income is $77,350/yr, meaning the typical Palm Coast household meets that threshold.

Is rent going up or down in Palm Coast?

Rent in Palm Coast has increased 1.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Palm Coast neighborhoods have the lowest rent?

The most affordable ZIP codes in Palm Coast are 32164 ($1,893/mo), and 32137 ($1,953/mo). Citywide, the median rent in Palm Coast is $1,925/mo.

How does Palm Coast rent compare to other cities in Florida?

Palm Coast is one of the more affordable cities in Florida for rent, ranking #209 out of 288 tracked cities at $1,925/mo.

Which nearby cities are cheaper to rent in than Palm Coast?

Several nearby cities have lower median rents than Palm Coast ($1,925/mo): Holly Hill ($1,582/mo), Bunnell ($1,677/mo).

What percentage of Palm Coast residents rent vs. own?

According to Census data, approximately 18.1% of Palm Coast households are renters, while 81.9% are owner-occupied. Palm Coast leans toward homeownership, which can mean a smaller rental inventory.

How does Palm Coast rent compare to the national average?

Palm Coast's median rent of $1,925/mo is $40 (2%) below the US national median of $1,965/mo. Within Florida, it ranks #209 out of 288 tracked cities.
Income Affordability
30%
MODERATE

At $1,925/mo, rent takes ~30% of Palm Coast's median household income ($77,350/yr). The standard benchmark is 30%.

Palm Coast 30%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in Palm Coast
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Palm Coast, FL

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