State rental market analysis · FL
Florida rental markets
201 tracked cities over 20,000 population, 112 ranked and summarized by their median Overall. Every number traces to Census, Zillow and BLS. All states ranked →
Browse every Florida ZIP Code area → · the full server-rendered index for this state.
Part of the South Atlantic Census division (South region).
The honest read
Florida ranks #4 of 51 states for rental investing, with a median Overall of 58.8/100 across its ranked cities, above the national median. 112 ranked cities roll up into this grade.
A state grade is the median of its ranked cities, a screen for where to look, not underwriting. Open any city below for its full shown-math breakdown, or run a specific deal through the cap rate and cash-flow calculators.
Where it ranks, factor by factor
Every value is the median across the 112 ranked cities in this state. The national rank compares all 51 states on that one factor; the engine already flips inverted factors (affordability, low unemployment) so a better rank always means a better market. Each factor sits in one of the model’s three categories (Cash Flow, Growth, or Stability); this is a representative summary, and the full thirteen-factor breakdown is on each city’s page. Full methodology.
| Factor | Category | State value | National rank |
|---|---|---|---|
| Gross rent yield | Cash Flow | 6.8% | not measured |
| Rent growth | Growth | 3.2% | not measured |
| Home value growth | Growth | 2.8% | not measured |
| Population growth | Growth | 1.7% | not measured |
| Job growth | Growth | 1.8% | not measured |
| Price-to-income | Cash Flow | 5.7× | not measured |
| Unemployment | Stability | 2.9% | not measured |
| Rental demand | Stability | 40% renters · 671.4% vacancy | not measured |
| Income growth | Growth | 6.5% | not measured |
Every city in Florida, ranked
Led by Deltona at 80/100. Click any column to re-sort; every city links to its full shown-math breakdown.
| FL rank | City | Grade | Cash Flow | Growth | Stability | Typical home value | Gross yield | National rank |
|---|---|---|---|---|---|---|---|---|
| 1 | Deltona | 80 | A | B | B | $301,204 | 8.1% | #7 |
| 2 | North Port | 79 | A | B | B | $303,116 | 7.7% | #13 |
| 3 | St. Cloud | 73 | B | A | B | $394,703 | 6.9% | #32 |
| 4 | Palm Bay | 72 | B | A | C | $305,804 | 7.4% | #33 |
| 5 | Winter Haven | 72 | B | A | C | $274,480 | 7.6% | #34 |
| 6 | West Melbourne | 72 | B | B | B | $374,472 | 6.3% | #47 |
| 7 | Eustis | 70 | B | A | B | $337,674 | 6.5% | #62 |
| 8 | Palm Coast | 69 | B | A | C | $345,441 | 6.6% | #70 |
| 9 | Panama City | 68 | B | B | B | $286,249 | 7.3% | #86 |
| 10 | DeBary | 68 | B | B | C | $380,627 | 7.1% | #89 |
| 11 | Palm Springs | 68 | A | B | C | $269,159 | 10.3% | #92 |
| 12 | Pensacola | 68 | A | C | B | $267,430 | 7.5% | #96 |
| 13 | Royal Palm Beach | 67 | B | B | B | $488,402 | 6.7% | #100 |
| 14 | Lauderdale Lakes | 67 | A | C | C | $138,348 | 17.7% | #101 |
| 15 | Miami Gardens | 67 | C | B | B | $475,819 | 6.7% | #102 |
| 16 | DeLand | 67 | B | A | C | $339,465 | 6.4% | #105 |
| 17 | Edgewater | 67 | B | B | B | $297,491 | 8.5% | #106 |
| 18 | Winter Springs | 67 | B | B | B | $428,588 | 5.8% | #107 |
| 19 | Plant City | 67 | B | B | B | $342,537 | 6.5% | #110 |
| 20 | Hialeah | 66 | C | B | A | $445,442 | 6.4% | #118 |
| 21 | North Lauderdale | 66 | B | B | C | $352,653 | 7.6% | #119 |
| 22 | Sanford | 66 | B | B | C | $343,232 | 6.4% | #121 |
| 23 | Parkland | 66 | B | B | B | $1,070,470 | 5.9% | #130 |
| 24 | Casselberry | 65 | B | B | B | $349,183 | 6.5% | #144 |
| 25 | Oakland Park | 65 | B | B | B | $372,417 | 7.0% | #149 |
| 26 | Apopka | 65 | B | A | C | $396,515 | 6.1% | #150 |
| 27 | Haines City | 64 | B | B | C | $295,548 | 8.2% | #165 |
| 28 | Greenacres | 64 | A | B | C | $281,921 | 9.0% | #168 |
| 29 | Cooper City | 64 | B | C | B | $670,058 | 7.1% | #185 |
| 30 | Crestview | 63 | A | B | C | $290,788 | 8.0% | #191 |
| 31 | Ocoee | 63 | B | B | C | $416,545 | 6.4% | #192 |
| 32 | Deerfield Beach | 63 | A | C | C | $274,857 | 10.7% | #201 |
| 33 | Groveland | 63 | B | A | D | $370,644 | 7.6% | #202 |
| 34 | Lakeland | 63 | B | A | C | $312,574 | 6.6% | #213 |
| 35 | Ormond Beach | 63 | B | B | C | $366,842 | 6.7% | #218 |
| 36 | Tampa | 63 | B | B | C | $380,300 | 6.3% | #219 |
| 37 | Lauderhill | 63 | A | C | C | $213,433 | 10.6% | #221 |
| 38 | Homestead | 62 | C | B | C | $436,925 | 6.7% | #227 |
| 39 | Daytona Beach | 62 | B | B | C | $252,989 | 7.3% | #228 |
| 40 | Temple Terrace | 62 | B | C | B | $329,732 | 6.5% | #230 |
| 41 | Ocala | 62 | B | B | C | $268,444 | 7.1% | #233 |
| 42 | Hialeah Gardens | 62 | B | C | A | $423,216 | 7.5% | #241 |
| 43 | Pinellas Park | 62 | B | C | B | $305,323 | 8.3% | #254 |
| 44 | Dunedin | 61 | C | C | B | $414,049 | 6.0% | #265 |
| 45 | Leesburg | 61 | B | A | D | $275,814 | 7.5% | #266 |
| 46 | Delray Beach | 61 | A | B | D | $343,917 | 9.8% | #272 |
| 47 | Sarasota | 61 | B | B | C | $413,155 | 6.4% | #273 |
| 48 | Port Orange | 61 | B | B | C | $339,724 | 6.1% | #278 |
| 49 | Cape Coral | 61 | B | B | D | $337,507 | 6.9% | #282 |
| 50 | Tamarac | 61 | B | B | C | $294,542 | 8.8% | #287 |
| 51 | Sunrise | 60 | B | B | C | $363,927 | 8.4% | #298 |
| 52 | North Miami | 60 | C | C | B | $423,913 | 6.5% | #300 |
| 53 | Jacksonville | 60 | B | B | C | $286,646 | 6.7% | #307 |
| 54 | Melbourne | 60 | B | B | C | $360,012 | 6.2% | #315 |
| 55 | Titusville | 59 | B | B | D | $274,789 | 7.0% | #343 |
| 56 | Miramar | 59 | C | C | C | $521,847 | 6.3% | #350 |
| 57 | Margate | 59 | B | B | C | $322,588 | 8.0% | #353 |
| 58 | Fort Pierce | 58 | B | B | D | $277,496 | 8.5% | #360 |
| 59 | Rockledge | 58 | C | B | C | $400,838 | 5.8% | #361 |
| 60 | Winter Garden | 58 | C | B | C | $570,660 | 5.1% | #362 |
| 61 | Pembroke Pines | 58 | B | C | C | $490,388 | 6.3% | #364 |
| 62 | St. Petersburg | 58 | B | B | C | $358,420 | 6.9% | #370 |
| 63 | Aventura | 58 | B | C | C | $423,548 | 8.6% | #382 |
| 64 | Fort Walton Beach | 58 | B | C | C | $325,397 | 6.7% | #383 |
| 65 | Altamonte Springs | 58 | B | B | C | $294,863 | 6.5% | #385 |
| 66 | Pompano Beach | 58 | B | B | D | $354,605 | 7.9% | #394 |
| 67 | West Palm Beach | 58 | B | B | D | $406,115 | 7.0% | #396 |
| 68 | Kissimmee | 57 | C | B | C | $359,462 | 6.5% | #398 |
| 69 | Orlando | 57 | C | B | D | $374,196 | 6.1% | #403 |
| 70 | Tallahassee | 57 | C | C | C | $296,376 | 6.0% | #411 |
| 71 | Sebastian | 57 | B | B | D | $350,279 | 7.1% | #426 |
| 72 | Port St. Lucie | 57 | B | B | D | $386,756 | 7.4% | #427 |
| 73 | Doral | 57 | C | B | C | $548,310 | 6.4% | #431 |
| 74 | Clermont | 56 | C | B | D | $431,051 | 5.9% | #449 |
| 75 | Riviera Beach | 56 | B | B | D | $412,283 | 7.9% | #467 |
| 76 | Weston | 56 | C | C | C | $724,378 | 5.5% | #471 |
| 77 | Oviedo | 56 | C | B | C | $509,135 | 5.0% | #484 |
| 78 | Boca Raton | 56 | C | B | C | $576,025 | 6.1% | #486 |
| 79 | Miami Lakes | 56 | D | B | B | $654,424 | 4.5% | #490 |
| 80 | Coconut Creek | 56 | A | C | D | $281,009 | 10.0% | #496 |
| 81 | Cutler Bay | 55 | C | C | B | $567,212 | 6.0% | #509 |
| 82 | Venice | 55 | B | B | D | $379,343 | 6.8% | #525 |
| 83 | North Miami Beach | 55 | C | B | C | $456,567 | 6.6% | #529 |
| 84 | Largo | 54 | B | C | C | $340,214 | 6.4% | #543 |
| 85 | Boynton Beach | 54 | B | B | D | $403,839 | 7.0% | #547 |
| 86 | Fort Myers | 54 | B | B | D | $307,697 | 6.9% | #549 |
| 87 med | Hallandale Beach | 54 | B | B | D | $256,900 | 7.4% | #554 |
| 88 | Miami | 54 | C | B | C | $583,609 | 6.2% | #558 |
| 89 | Estero | 54 | B | B | D | $488,121 | 6.0% | #586 |
| 90 | Plantation | 53 | C | C | C | $498,641 | 5.9% | #594 |
| 91 | Lake Worth Beach | 53 | C | B | D | $442,487 | 6.5% | #597 |
| 92 | Fort Lauderdale | 53 | C | B | C | $513,820 | 6.5% | #608 |
| 93 | Davie | 53 | C | B | C | $519,060 | 5.6% | #623 |
| 94 | Tarpon Springs | 53 | C | B | D | $393,754 | 6.0% | #635 |
| 95 | Clearwater | 53 | B | C | C | $346,065 | 6.7% | #640 |
| 96 | Dania Beach | 52 | B | C | C | $337,246 | 8.8% | #644 |
| 97 | Bradenton | 51 | C | B | D | $354,291 | 6.2% | #702 |
| 98 | Wellington | 50 | C | B | D | $658,872 | 6.3% | #743 |
| 99 | Winter Park | 50 | C | B | C | $469,253 | 4.6% | #771 |
| 100 | New Smyrna Beach | 50 | C | B | D | $455,070 | 6.0% | #774 |
| 101 | Jupiter | 50 | C | B | C | $700,734 | 5.2% | #785 |
| 102 | Coral Springs | 49 | C | C | C | $525,073 | 5.4% | #821 |
| 103 | Bonita Springs | 49 | C | B | D | $504,875 | 5.7% | #843 |
| 104 | Hollywood | 47 | C | C | D | $445,787 | 6.3% | #898 |
| 105 | Gainesville | 47 | C | B | D | $298,659 | 6.6% | #913 |
| 106 | Palm Beach Gardens | 46 | D | B | D | $693,873 | 4.7% | #1007 |
| 107 | Miami Beach | 45 | C | C | C | $528,434 | 6.5% | #1059 |
| 108 | Jacksonville Beach | 42 | D | C | D | $640,515 | 4.7% | #1207 |
| 109 | Sunny Isles Beach | 40 | D | C | D | $652,429 | 7.0% | #1294 |
| 110 med | Palmetto Bay | 36 | F | C | C | $787,000 | 2.8% | #1454 |
| 111 | Key West | 25 | F | D | C | $1,016,063 | 3.9% | #1757 |
| 112 | Coral Gables | 16 | F | C | C | $1,566,675 | 2.7% | #1836 |
Data as of: Zillow ZHVI/ZORI through the latest monthly release · Census ACS 5-yr 2019–2023 · Census PEP July 2024 · BLS LAUS county 2023 annual. Generated 2026-09-01. Methodology & limitations · underwrite any specific deal with the free calculators.
Limited-data cities in Florida
These 89 cities lack enough measured factors to rank, so they are excluded from the state grade; their pages show exactly what could be measured.
ZIP markets in Florida
1,013 Census ZIP Codes (ZCTAs) in Florida · 815 data-eligible for subscores. These are sub-city government areas ranked separately from the Florida city table. The overall Rental Investor ZIP Score leaderboard leads; the two component subscores (affordability, rental-market context) follow as independent percentiles. ZIP ranks are shown within the ZIP universe only, never mixed with, and not directly comparable to, city ranks. Vintage: the Key metric column is Census ACS 2020–2024 (5-year), a newer release than the ACS 2019–2023 figures the city table above uses; the same measure can legitimately disagree between the two.
Best overall ZIP Codes in Florida
Ranked by the overall Rental Investor ZIP Score. The # is each ZIP Code's canonical FL state rank; the smaller figure is its national rank. Separate from the Florida city table and not directly comparable to it.
| FL rank | ZIP Code | Overallgrade · national | Key metric |
|---|---|---|---|
| #1 | 34473Marion Oaks | A 77#19 nat | 7.5%Survey yield |
| #2 | 33619Palm River-Clair Mel | A 76#28 nat | 8.5%Survey yield |
| #3 | 33976Lehigh Acres | A 76#35 nat | 7.4%Survey yield |
| #4 | 33974Lehigh Acres | A 76#36 nat | 6.9%Survey yield |
| #5 | 32566Navarre | A 75#46 nat | 6.0%Survey yield |
| #6 | 32583East Milton | A 75#57 nat | 5.9%Survey yield |
| #7 | 32825Alafaya | A 75#63 nat | 6.3%Survey yield |
| #8 | 32828Alafaya | A 75#68 nat | 5.5%Survey yield |
| #9 | 32571Pace | A 75#78 nat | 5.3%Survey yield |
| #10 | 32570Munson | A 75#82 nat | 6.0%Survey yield |
| #11 | 34743Buenaventura Lakes | A 74#93 nat | 6.8%Survey yield |
| #12 | 32811Orlando | A 74#95 nat | 8.8%Survey yield |
Top affordability ZIP Codes in Florida
State-scoped leaders on the affordability subscore only (national rank shown is within that subscore’s data-eligible universe). Substantially an inverse housing-cost signal: a component of the overall score, not a predicted return.
| # | ZIP Code | Affordability | Key metric |
|---|---|---|---|
| 1 | 32442Grand Ridge | 93#195 nat | 8.3%Survey yield |
| 2 | 32431Jacob City | 92#242 nat | 9.8%Survey yield |
| 3 | 32433DeFuniak Springs | 91#283 nat | 7.7%Survey yield |
| 4 | 33716St. Petersburg | 91#283 nat | 10.3%Survey yield |
| 5 | 32426Campbellton | 91#297 nat | 15.2%Survey yield |
| 6 | 32448Marianna | 91#314 nat | 9.3%Survey yield |
| 7 | 32421Altha | 90#344 nat | 9.5%Survey yield |
| 8 | 32505Brent | 89#385 nat | 10.0%Survey yield |
| 9 | 32440Graceville | 89#416 nat | 8.6%Survey yield |
| 10 | 33172Doral | 89#416 nat | 8.8%Survey yield |
| 11 | 32445Malone | 89#437 nat | 7.8%Survey yield |
| 12 | 32425Bonifay | 88#478 nat | 8.5%Survey yield |
Deepest rental-market ZIP Codes in Florida
State-scoped leaders on the rental-market-context subscore only (national rank shown is within that subscore’s data-eligible universe). Rental depth/tightness: a separate component, never combined here with affordability.
| # | ZIP Code | Rental market | Key metric |
|---|---|---|---|
| 1 | 33150Miami | 84#41 nat | 3.2%Survey yield |
| 2 | 33016Hialeah | 81#161 nat | 7.0%Survey yield |
| 3 | 33014Miami Lakes | 81#194 nat | 5.2%Survey yield |
| 4 | 34237Sarasota | 79#299 nat | 7.8%Survey yield |
| 5 | 33010Hialeah | 79#347 nat | 4.4%Survey yield |
| 6 | 33190Cutler Bay | 78#421 nat | 5.5%Survey yield |
| 7 | 32064Live Oak | 78#462 nat | 6.7%Survey yield |
| 8 | 33142Miami | 78#462 nat | 4.7%Survey yield |
| 9 | 32308Tallahassee | 77#529 nat | 5.2%Survey yield |
| 10 | 33441Deerfield Beach | 77#559 nat | 4.7%Survey yield |
| 11 | 33012Hialeah | 77#573 nat | 5.1%Survey yield |
| 12 | 33015Country Club | 77#648 nat | 5.5%Survey yield |