City Report · FL

Port Charlotte

Pop. 66,133·243rd most expensive in Florida·Rental market data updated monthly for Port Charlotte, FL
Median rent (all units)
$1,741/mo
Year-over-Year
-2.7%
Month-over-Month
-0.2%
vs US Median
-$191
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Port Charlotte · $1,741
More affordable than 58% of US cities · National median $1,932/mo
Affordability
33% of income
MODERATE
0%30% benchmark60%+

At $1,741/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.

Income to afford
$70,000/yr
Local median income
$63,844/yr
Based on the 30%-of-income rule using Port Charlotte's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,295
1 BR
$1,303
2 BR
$1,638
3 BR
$2,298
4 BR+
$2,548
Fair Market Rent (HUD)
$1,638/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,741 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

October. Asking rents in Port Charlotte usually run 0.6% below trend in October and 0.5% above it in January, about $19 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Port Charlotte is 7.4% below its high of $1,880 in August 2023, at $1,741 as of September 2026.

Past year vs. the rest of Florida

Rent in Port Charlotte changed -2.7% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 3 of the last 12 months.

What a typical income covers

30% of the median household income ($63,844) is $1,596 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,303); a 2-bedroom is $1,638.

Spread across ZIP codes

The priciest of 6 ZIP codes in Port Charlotte, 33981 ($1,888/mo), costs 13% more than the cheapest, 33952 ($1,664/mo).

Cheaper nearby

North Fort Myers, 25 miles away, rents for 11% less ($1,550/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Port Charlotte. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,892/yr
At $1,741/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.7% YoY, -0.2% MoM), not inventory.
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Demographics

Who lives here

Port Charlotte, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 20.8% of residents hold a bachelor's degree or higher.

Population
66,133
Median income
$63,844
Median age
55.4
Renters
16.8%
Age distribution
13.8%
15.8%
19.9%
17.5%
33.1%
Under 1813.8%
18–3415.8%
35–5419.9%
55–6417.5%
65+33.1%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
75.2%
12.6%
White75.2%
Black8.3%
Hispanic12.6%
Asian1.5%
Other2.4%
Education (25+)
35.4%
33.7%
20.8%
No HS diploma10.2%
HS diploma35.4%
Some college33.7%
Bachelor's+20.8%
Housing tenure
83.2%
16.8%
Owner83.2%
Renter16.8%

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

2022 vs 2026

How Port Charlotte, FL has changed in 5 years

Rent
$1,731 → $1,741
up 0.6%
Income
$54,956 → $63,844
up 16.2%
Population
62,531 → 66,133
up 5.8%
Renter share
19.9% → 16.8%
-3.1 pts
Bachelor's+
19.5% → 20.8%
+1.3 pts

Rent in Port Charlotte, FL has increased 0.6% since 2022, going from about $1,731 per month to roughly $1,741 today. Household income in the area moved from $54,956 to $63,844 across the same window, up 16.2% versus 2021. Income growth outran rent by about 15.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 62,531 to 66,133 between 2021 and 2024, a 5.8% change. About 16.8% of households rent today, against 19.9% in 2021. Reading these numbers side by side helps frame whether current listings in Port Charlotte, FL look reasonable against where the market sat half a decade ago.

Community

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View Port Charlotte rent history (2015–2026) →
Salary vs rent

Can you afford rent in Port Charlotte on your salary?

At $1,741/mo, how Port Charlotte rent compares to typical pay (30% rule).

By apartment size

Port Charlotte rent by bedroom count

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

Local insights

Tips for renters in Port Charlotte

About renting in Port Charlotte, FL

Last updated: October 17, 2026

The median rent in Port Charlotte is $1,741/mo as of October 2026. A studio apartment averages $1,295/mo while a 2-bedroom runs $1,638/mo. One-bedroom apartments average $1,303/mo and 3-bedroom units go for $2,298/mo.

At 33% of local median household income ($63,844/yr), Port Charlotte ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Port Charlotte?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,741/mo in Port Charlotte. The local median household income is $63,844/yr, so the typical household falls short of that bar.

Is rent going up or down in Port Charlotte?

Rent in Port Charlotte has fallen 2.7% over the past year as of September 2026. It sits 7.4% below its high of $1,880 in August 2023.

When is the cheapest time to rent in Port Charlotte?

Asking rents in Port Charlotte are usually lowest in October, about 0.6% below their yearly trend, and highest in January, about 0.5% above it. At today's median that is a gap of roughly $19 a month. This pattern comes from 5 years of Zillow rent data.

Which Port Charlotte neighborhoods have the lowest rent?

The most affordable ZIP codes in Port Charlotte are 33952 ($1,664/mo), 33953 ($1,694/mo), and 33954 ($1,702/mo). Citywide, the median rent is $1,741/mo.

How does Port Charlotte rent compare to other cities in Florida?

Port Charlotte is one of the more affordable among Florida cities for rent, ranking #243 of 289 tracked cities at $1,741/mo. Over the year to September 2026, rent in Port Charlotte changed -2.7%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Port Charlotte?

Nearby cities with lower median rent than Port Charlotte ($1,741/mo) include Englewood ($1,669/mo).
Income Affordability
33%
MODERATE

At $1,741/mo, rent takes ~33% of Port Charlotte's median household income ($63,844/yr). The standard benchmark is 30%.

Port Charlotte 33%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in Port Charlotte
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Port Charlotte, FL

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