Daytona Rental Surge Draws Eager Beach Investors
Current Rental Market Dynamics Daytona Beach has been renowned for its leisure and lifestyle offerings. The rental market is experiencing significant growth in rental prices. By 2025, apartment rents range from $1,250 to $1,799 on average. Nearby listings reflect a range from $787+ to $1,585+, indicating that rent prices vary significantly depending on the size and amenities offered. As of late 2024, the median rent stands at approximately $1,588. This reflects a year-over-year increase of 2.4%. The rental price spectrum varies significantly, starting at $580 and exceeding $4,900. This underscores the diverse nature of the market. About 46% of rental properties are priced between $1,000 and $1,500. This range highlights affordability for many tenants. Overall, the average rent stabilizes between $1,600 and $1,650 per month. The 72% increase in eviction filings nationally indicates shifts that might influence future rental markets. With a vacancy rate of 6%, moderate property availabi...