Rents are 14% below what Palm Coast's 10-year trend predicts — a better deal than its own history suggests.
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 $1,913 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: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Palm Coast, FL has changed in 5 years
Five years ago, renters in Palm Coast, FL paid around $1,469 a month. That figure now sits near $1,913, up 30.2% 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.
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Can you afford rent in Palm Coast on your salary?
At $1,913/mo, how Palm Coast rent compares to typical pay (30% rule).
Palm Coast rent by bedroom count
Median rent for each apartment size in Palm Coast. Click any size for full breakdown.
Tips for renters in Palm Coast
Last updated: August 17, 2026
The median rent in Palm Coast is $1,913/mo as of August 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 1.3% over the past year.
Frequently asked questions
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What percentage of Palm Coast residents rent vs. own?
How does Palm Coast rent compare to the national average?
At $1,913/mo, rent takes ~30% of Palm Coast's median household income ($77,350/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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