New Smyrna Beach, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the New Smyrna Beach, Florida rental market.
New Smyrna Beach, Florida
Average Apartment Rent
$1,700
Y-o-Y Change in Average
Apartment Rent
3.8%
As of May 2026
Compared to a year ago, New Smyrna Beach, Florida apartments have recorded a 3.8% rent increase.
New Smyrna Beach, Florida Average apartment rent trend
New Smyrna Beach, Florida Average Apartment Rent
New Smyrna Beach, Florida Apartment rent ranges
At 48.85%, apartments priced $1,500 - $2,000 represent the bulk of New Smyrna Beach, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.95%.
New Smyrna Beach, Florida Housing tenure**
Renters take up 24% of New Smyrna Beach, Florida real estate, occupying a total of 3,636 units, while homeowners live in 11,343 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$45,818
Average household size of renter-occupied housing units**
2.03
Rental vacancy rate**
13.3%
New Smyrna Beach, Florida Renter-occupied housing units by no. of bedrooms**
There are 1,700 rentals in New Smyrna Beach, Florida with 2 beds making up the highest share of the market, at 47%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 37 units. Overall, the median number of rooms in New Smyrna Beach, Florida homes for rent is 4.2.
New Smyrna Beach, Florida Renter-occupied units by age of householder**
Most condos for rent in New Smyrna Beach, Florida are occupied by residents in the 65 - 74 years age group (16%), followed by those in the 45 - 54 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.
New Smyrna Beach, Florida Renter-occupied housing units by family type**
New Smyrna Beach, Florida Renter-occupied housing units by the presence of own children**
A total of 1,719 apartments for rent in New Smyrna Beach, Florida, or 47% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 850 units. All in all, the median size of a renter-occupied household in New Smyrna Beach, Florida is 2.03.
New Smyrna Beach, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in New Smyrna Beach, Florida.
New Smyrna Beach, Florida Renter-occupied units by year structure built**
The highest share of New Smyrna Beach, Florida apartment rentals, namely 20% or 734 units, were Built 2000 - 2009, followed by those Built 1980 - 1989 (19%, 683 units), and the ones Built 2010 - 2019 (16%, 573 units).
New Smyrna Beach, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most New Smyrna Beach, Florida renters (40%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their New Smyrna Beach, Florida condos for rent is 2019.
New Smyrna Beach, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of New Smyrna Beach, Florida renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 15% have No vehicle available.
New Smyrna Beach, Florida Means of transportation to work of householders living in renter-occupied housing units**
New Smyrna Beach, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all New Smyrna Beach, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
