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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 | $1,186 | $1,020 – $1,376 |
| 1 BR | $1,283 | $1,103 – $1,488 |
| 2 BR | $1,531 | $1,317 – $1,776 |
| 3 BR | $1,962 | $1,687 – $2,276 |
| 4 BR | $2,328 | $2,002 – $2,700 |
Anchored to HUD FMR for ZIP 32207, aged forward with BLS CPI Shelter (+4.6% / yr). Use the estimator below for a different ZIP within Jacksonville.
Pre-filled for ZIP 32207. Change any field to re-estimate.
The HUD-anchored median 2-bedroom rent in Jacksonville is approximately $1,531, 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 (FY2024, public). 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.