Palm Coast, 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 Palm Coast, Florida rental market.
Palm Coast, Florida
Average Apartment Rent
$1,768
Y-o-Y Change in Average
Apartment Rent
-0.4%
As of May 2026
Compared to a year ago, Palm Coast, Florida apartments have recorded a -0.4% rent decrease.
Palm Coast, Florida Average apartment rent trend
Palm Coast, Florida Average Apartment Rent
Palm Coast, Florida Apartment rent ranges
At 68.18%, apartments priced $1,500 - $2,000 represent the bulk of Palm Coast, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.95%.
Palm Coast, Florida Housing tenure**
Renters take up 22% of Palm Coast, Florida real estate, occupying a total of 7,960 units, while homeowners live in 28,001 properties.
Median number of rooms of renter-occupied housing units**
5.3
Renter median household income**
$56,138
Average household size of renter-occupied housing units**
2.73
Rental vacancy rate**
1.6%
Palm Coast, Florida Renter-occupied housing units by no. of bedrooms**
There are 4,684 rentals in Palm Coast, Florida with 3 beds making up the highest share of the market, at 59%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 45 units. Overall, the median number of rooms in Palm Coast, Florida homes for rent is 5.3.
Palm Coast, Florida Renter-occupied units by age of householder**
Most condos for rent in Palm Coast, Florida are occupied by residents in the 25 - 34 years age group (19%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Palm Coast, Florida Renter-occupied housing units by family type**
Palm Coast, Florida Renter-occupied housing units by the presence of own children**
A total of 5,793 apartments for rent in Palm Coast, Florida, or 73% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 2,739 units. All in all, the median size of a renter-occupied household in Palm Coast, Florida is 2.73.
Palm Coast, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Palm Coast, Florida.
Palm Coast, Florida Renter-occupied units by year structure built**
The highest share of Palm Coast, Florida apartment rentals, namely 41% or 3,293 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (27%, 2,117 units), and the ones Built 1980 - 1989 (10%, 827 units).
Palm Coast, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Palm Coast, Florida renters (46%) moved in 2010 to 2017, while only 10% of them moved in 2021 or later. Overall, the median year renters have occupied their Palm Coast, Florida condos for rent is 2017.
Palm Coast, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Palm Coast, Florida renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 11% have 3 vehicles available.
Palm Coast, Florida Means of transportation to work of householders living in renter-occupied housing units**
Palm Coast, 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 Palm Coast, 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
