Average Rent in Palm Coast, FL↑ Rents rising 15.6% YoY

Palm Coast, FL has rental prices ranging from $1,323/month to $2,709/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,332/month — 5% below the national average of $1,400/month. With a median household income of $67,599/year, spending $1,332/month on a 1-bedroom represents 24% of gross income — within the recommended 30% threshold.

How Palm Coast Compares

With an average 2-bedroom rent of $1,693/month, Palm Coast ranks #12 most expensive of the 54 cities tracked in Florida — pricier than 95% of all US cities in our data.

The Palm Coast Rental Market

The Palm Coast, FL area has a population of about 689,939 and 26% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Palm Coast, FL have risen by $228/month (15.6%) over the past year, from $1,465 to $1,693. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Palm Coast, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $53,280. The local median household income of $67,599 exceeds that threshold by $14,319, making Palm Coast relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Palm Coast, FL is $343,664, giving a price-to-rent ratio of 16.9. With a break-even horizon of approximately 17 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Is Palm Coast, FL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Palm Coast?

Break-even analysis and mortgage estimates based on local market data.

Living in Palm Coast

Cost of living, job market, crime rates, and moving cost estimates.