Average Rent in Hutchinson Island, FL

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Current Versus Historical Hutchinson Island, FL Rents

Hutchinson Island rentals average $1,700 for a studio rental to $4,850 for a 4-bedroom rental. The median price of all currently available listings is $3,450, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $500 (-22.73%) year-over-year from $2,200 to $1,700. 1-bedroom rentals prices have increased by $83 (4.03%) year-over-year from $2,067 to $2,150. 2-bedroom rentals prices have increased by $517 (20.81%) year-over-year from $2,483 to $3,000. 3-bedroom rentals prices have decreased by $150 (-3.41%) year-over-year from $4,400 to $4,250. 4-bedroom rentals prices have increased by $550 (10.28%) year-over-year from $5,350 to $5,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 48.97% this month. 1-bedroom rents have gone up by 14.16% this month. 2-bedroom rents have gone up by 2.86% this month. 3-bedroom rents have gone down by 10.21% this month. 4-bedroom rents have gone down by 5.85% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.25 $1,700 $2,200 (-22.73%) $1,171 (45.19%)
1 BR $3.44 $2,150 $2,067 (4.03%) $1,433 (50.00%)
2 BR $2.97 $3,000 $2,483 (20.81%) $2,758 (8.76%)
3 BR $2.49 $4,250 $4,400 (-3.41%) $2,350 (80.85%)
4+ BR $1.79 $5,900 $5,350 (10.28%) $7,038 (-16.16%)

Historical Rents in Hutchinson Island, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Hutchinson Island

There are a total of 5 cities nearby Hutchinson Island. The average rent in Hutchinson Island is currently $2,750 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Fort Pierce, FL, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Hutchinson Island, FL is Vero Beach, FL. Monthly rents here are on average $5,000 per month.

Let's compare Hutchinson Island, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 21.78% more expensive. Two bedrooms in Hutchinson Island, FL are about 33.33% more expensive. Finally, rent for three bedrooms are about 12.79% more expensive. Want more information? Check out the top 5 cities near Hutchinson Island, FL in the following chart.
City Studio 1 Bed 2 Bed All
Fort Pierce, FL N/A $2,350 $1,813 $2,200
Stuart, FL N/A $1,850 $2,200 $2,600
Port St. Lucie, FL N/A $1,613 $2,200 $2,750
Hutchinson Island South, FL $1,700 $2,215 $3,475 $3,400
Vero Beach, FL N/A $1,600 $4,000 $5,000

Top Neighborhoods Near Hutchinson Island

There are a total of 1 neighborhoods in or near Hutchinson Island. We've included all of these top 1 neighborhoods in or near Hutchinson Island, FL in the following chart.

The average rent for these 1 neighborhoods in or near Hutchinson Island, FL is currently around $2,375 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Hutchinson Island, The Reserve has the most affordable average rent at $2,375 per month. Whereas, at $2,375 average rent per month, The Reserve is the most expensive neighborhood in or near Hutchinson Island. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Reserve, Port St. Lucie, FL N/A $1,700 $2,725 $2,375

Top Counties Near Hutchinson Island

There are a total of 1 counties located by Hutchinson Island, FL. Some of these counties include Fort Pierce, FL, Port St. Lucie, FL, and Stuart, FL. The average rent for rentals in these counties is $2,875. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Fort Pierce, FL. It's average rent per month is $2,600. Vice versa, with an average rent of $4,000, Vero Beach, FL is the most expensive county by Hutchinson Island, FL.

In comparison, rent for one bedroom listings in Hutchinson Island, FL is 30.76% more expensive than other counties nearby. Finally, rent for two bedrooms in Hutchinson Island, FL is 24.24% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Fort Pierce, FL N/A $1,500 $2,500 $2,600
Port St. Lucie, FL N/A $1,638 $2,300 $2,798
Stuart, FL N/A $1,900 $2,600 $2,875
Port Salerno-Hobe Sound, FL N/A N/A $2,500 $3,050
Vero Beach, FL N/A $1,700 $3,500 $4,000

Top Zipcodes Near Hutchinson Island

There are a total of 9 zipcodes in or near Hutchinson Island, FL. The average rent for all of these zipcodes is $2,850. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32960, Vero Beach, FL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $3,750 per month is 34949, Fort Pierce, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Hutchinson Island, FL is $1,700 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,500 per month. Which comes out to $2 per sqft. The following chart includes the top 9 zipcodes in Hutchinson Island, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34957, Jensen Beach, FL $1,700 $2,200 $3,300 $3,300
34996, Stuart, FL N/A $1,900 $2,700 $2,750
34949, Fort Pierce, FL N/A $2,500 $3,400 $3,750
32960, Vero Beach, FL N/A $1,600 $2,000 $2,000
34986, Port St. Lucie, FL N/A $1,700 $2,300 $2,500
34994, Stuart, FL N/A $1,925 $2,375 $2,775
34953, Port St. Lucie, FL N/A $1,500 $2,250 $2,850
34997, Port Salerno-Hobe Sound, FL N/A N/A $2,500 $2,875
34987, West St. Lucie, FL N/A N/A $2,590 $3,200

Frequently Asked Questions - Hutchinson Island Average Rents

What is the average rent price in Hutchinson Island, FL?
The average monthly rental price for Hutchinson Island, FL apartments for rent is approximately $3,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Hutchinson Island, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Hutchinson Island, FL.
How much is a studio apartment in Hutchinson Island, FL?
The average monthly rental price for studio apartments is $1,700 and an average price per square feet of $6.25. There are a total of 3 studio apartment listings currently available for rent in Hutchinson Island.
How much is a one bedroom apartment in Hutchinson Island, FL?
The average monthly rental price for one bedroom apartments is $2,365 and an average price per square feet of $3.44. There are a total of 20 one bedroom apartment listings currently available for rent in Hutchinson Island.
How much is a two bedroom apartment in Hutchinson Island, FL?
The average monthly rental price for two bedroom apartments is $3,300 and an average price per square feet of $2.97. There are a total of 93 two bedroom apartment listings currently available for rent in Hutchinson Island.
How have rent prices in Hutchinson Island, FL changed this year?
Rent prices for rentals in Hutchinson Island, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.23%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.21%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in Hutchinson Island, FL?
A reasonable rent price in Hutchinson Island, FL is around $2,760/month. You can search for these reasonably priced rental listings on RentHop.
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