Florida rent price analysis

Rental Market Reports > Single-Family Home Reports > Florida

This rental market report examines the average rent in Florida for five of the most analyzed cities on Rentometer in Q3 2023.

Summary - Year-Over-Year Rent Change

This rental market report highlights the Q3 2023 average rent prices for three-bedroom (3-BR) single-family rentals (SFRs) in these five Florida cities: Fort Myers, Jacksonville, Miami, Orlando, and Tampa.

According to our data, Fort Myers had the largest year-over-year rent increase of 7%, while Jacksonville had a year-over-year rent decrease of 3%


  • Geography: This report considers rent changes in Rentometer’s five most analyzed SFR markets in Florida during Q3 2023.

  • Property Type: 3-BR SFRs with all bathroom counts.

  • Analysis: Rent data was analyzed year-over-year for each city.

  • Data: New rents collected at the beginning and end of each quarter are reported, excluding outliers below $500 and above $10,000.

Year-Over-Year Change in Average Rent: 3-BR SFRs

Rent prices in these five Florida cities experienced the following year-over-year rent increases in Q3 2023:

  • The average Fort Myers rent price is $3,203 with a year-over-year rent price increase of 7%
  • The average Tampa rent price is $2,711 with a year-over-year rent price increase of 6%
  • The average Miami rent price is $4,078 with a year-over-year rent price increase of 1%
  • The average Orlando rent price is $2,340 with a year-over-year rent price decrease of 1%
  • The average Jacksonville rent price is $1,798 with a year-over-year rent price decrease of 3%
City/State Q3 2022
Average Rent
Q3 2023
Average Rent
YoY %
Fort Myers, FL $3,004 $3,203 7%
Tampa, FL $2,565 $2,711 6%
Miami, FL $4,055 $4,078 1%
Orlando, FL $2,361 $2,340 -1%
Jacksonville, FL $1,858 $1,798 -3%



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Please note the research and data included in this report is aggregated from a variety of sources and many are third parties that are not affiliated with Rentometer, Inc. The information is believed to be accurate, but Rentometer, Inc. does not provide a warranty of any kind, either expressed or implied.