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ZIP Code · FL

ZIP 32118

Pop. 18,383·Volusia County·583rd most expensive ZIP in Florida
Median rent (all units)
$1,629/mo
Year-over-Year
+3.2%
Month-over-Month
+5.4%
vs US Median
-$336
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 32118 · $1,629
More affordable than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,300
2 BR
$1,600
3 BR
$2,110
4 BR+
$2,290
Research median
$1,600/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
$19,548/yr
At $1,629/mo median
Location
StateFL
CountyVolusia County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.2% YoY, +5.4% MoM), not inventory.
Demographics

Who lives here

ZIP 32118 (Daytona Beach, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 32.1% of residents hold a bachelor's degree or higher.

Population
18,383
Median income
$61,266
Median age
60.5
Renters
34.4%
Age distribution
14.7%
16.7%
19.8%
40.6%
Under 188.1%
18–3414.7%
35–5416.7%
55–6419.8%
65+40.6%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
83.7%
White83.7%
Black3.3%
Hispanic7.2%
Asian1.8%
Other4%
Education (25+)
26.2%
34.9%
32.1%
No HS diploma6.8%
HS diploma26.2%
Some college34.9%
Bachelor's+32.1%
Housing tenure
65.6%
34.4%
Owner65.6%
Renter34.4%

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

2021 vs 2026

How ZIP 32118 in Daytona Beach, FL has changed in 5 years

Rent
$1,058 → $1,629
up 54.0%
Income
$45,962 → $61,266
up 33.3%
Population
18,123 → 18,383
up 1.4%
Renter share
37.9% → 34.4%
-3.5 pts
Bachelor's+
31.3% → 32.1%
+0.8 pts
Median age
56.8 → 60.5
+3.7 yrs

Five years ago, renters in ZIP 32118 in Daytona Beach, FL paid around $1,058 a month. That figure now sits near $1,629, up 54.0% from the 2021 baseline. Household income in the area moved from $45,962 to $61,266 across the same window, up 33.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 32118 in Daytona Beach, FL adding about 260 residents over the five-year window, up 1.4% on net. The renter share has eased from 37.9% to 34.4%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 32118 in Daytona Beach, FL look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 32118

Last updated: July 20, 2026

ZIP code 32118 covers Daytona Beach, FL. The median rent here is $1,629/mo as of July 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,600/mo.

At 32% of local median household income ($61,266/yr), ZIP 32118 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32118?

As of July 20, 2026, the median monthly rent in ZIP 32118 (Daytona Beach, FL) is $1,629. This is based on aggregated data from public sources and community submissions.

How does ZIP 32118 rent compare to the US average?

ZIP 32118's median rent of $1,629/mo is $336 (17%) below the US national median of $1,965/mo.

How does ZIP 32118 compare to other ZIPs in Florida?

ZIP 32118 is among the more affordable ZIP codes in Florida, ranking #583 out of 662 ZIPs at $1,629/mo.

How much income do you need to rent in ZIP 32118?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,629/mo in ZIP 32118. The local median household income is $61,266/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32118?

Rent in ZIP 32118 has increased 3.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 32118 an affordable place to rent?

ZIP 32118 is considered moderate for renters. At $1,629/mo, rent takes approximately 32% of the local median household income ($61,266/yr). The standard benchmark is 30%. ZIP 32118 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32118 residents rent vs. own?

According to Census data, approximately 34.4% of ZIP 32118 households are renters, while 65.6% are owner-occupied. ZIP 32118 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32118 compare to the rest of Daytona Beach?

ZIP 32118 is pricier than Daytona Beach as a whole. At $1,629/mo, it's $64 above the Daytona Beach citywide median of $1,565/mo.

When was rent data for ZIP 32118 last updated?

Rent data for ZIP 32118 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,629/mo, rent takes ~32% of ZIP 32118's median household income ($61,266/yr). The standard benchmark is 30%.

ZIP 32118 32%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 32118 (Daytona Beach, FL)

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