Home · Markets · Jacksonville, FL
Jacksonville offers higher cap rates than Tampa/Orlando with similar Florida tailwinds. Insurance is the watch item. This page combines HUD Fair Market Rent anchors, ApartmentList-derived vacancy estimates, and CBRE-tier cap-rate benchmarks into one landlord-focused view.
Jacksonville offers higher cap rates than Tampa/Orlando with similar Florida tailwinds. Insurance is the watch item.
Vacancy is currently 7.9% with a year-over-year rent change of +0.9%. Rent direction is positive — underwriting can credit modest growth in year-2 rents but should not extrapolate aggressive trajectories given vacancy levels.
For deal-level analysis, the cap-rate calculator uses our Tier 2 benchmark (mid 6.4% for single-family). The cash-flow analyzer will give you a full P&L including debt service.
| Bedrooms | Median rent | Estimated range |
|---|---|---|
| Studio | $1,391 | $1,196 – $1,614 |
| 1 BR | $1,419 | $1,220 – $1,646 |
| 2 BR | $1,702 | $1,464 – $1,974 |
| 3 BR | $2,097 | $1,803 – $2,433 |
| 4 BR | $2,629 | $2,261 – $3,050 |
Anchored to HUD FMR for ZIP 32207, aged forward from 2025-10-01 with BLS CPI Shelter (+3.2% / yr, July 2026). Use the estimator below for a different ZIP within Jacksonville.
This city's raw HUD FY2026 2BR FMR placed among the 15 prebuilt metros in markets.json. One vintage point — not a fabricated history.
Pre-filled for ZIP 32207. Change any field to re-estimate.
The HUD-anchored median 2-bedroom rent in Jacksonville is approximately $1,702 with year-over-year growth of +0.9%. Individual rents vary widely by submarket and property condition — use the Rent Estimator above for a ZIP-specific number.
Jacksonville sits in our Tier 2 group with an estimated cap rate band averaging 6.4% for single-family rentals and a vacancy rate of 7.9%. Jacksonville offers higher cap rates than Tampa/Orlando with similar Florida tailwinds. Insurance is the watch item.
Single-family rental cap rates in Jacksonville typically land near 6.4%, with a metro-tier band drawn from CBRE survey ranges. Run the Cap Rate Calculator for a specific deal.
Year-over-year rent change is +0.9%. Forward 12-month projection blends recent metro trend with BLS shelter CPI. Use the LandlordIQ /get_rent_growth endpoint for the live projection.
No (Florida state preemption). Notice to vacate: 60 days. Security deposit cap: No statutory cap. Florida 60-day notice rule applies. Hurricane disclosure required on all leases as of 2023. Plain-English summary, not legal advice.
Data: HUD Fair Market Rents (FY2026, public, revised county file). Vacancy and rent growth are estimated blends of public datasets clearly labeled. Cap rate band is the Tier 2 benchmark from our benchmarks dataset. Regulation summary is editorial — not legal advice. See methodology.