Average Rent in South Peninsula, FL

Current Versus Historical South Peninsula, FL Rents

South Peninsula rentals average $1,275 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $400 (-23.53%) year-over-year from $1,700 to $1,300. 1-bedroom rentals prices have increased by $210 (12.07%) year-over-year from $1,740 to $1,950. 2-bedroom rentals prices have increased by $120 (5.04%) year-over-year from $2,380 to $2,500. 3-bedroom rentals prices have increased by $767 (24.08%) year-over-year from $3,183 to $3,950. 4-bedroom rentals prices have increased by $1,982 (66.77%) year-over-year from $2,968 to $4,950. 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 6.14% this month. 1-bedroom rents have gone up by 16.42% this month. 2-bedroom rents have gone up by 2.74% this month. 3-bedroom rents have gone up by 36.29% this month. 4-bedroom rents have gone up by 18.99% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.19	$1,300	$1,700 (-23.53%)	$988 (31.65%)
1 BR	$2.34	$1,950	$1,740 (12.07%)	$1,093 (78.35%)
2 BR	$2.19	$2,500	$2,380 (5.04%)	$2,208 (13.25%)
3 BR	$1.94	$3,950	$3,183 (24.08%)	$2,483 (59.06%)

Historical Rents in South Peninsula, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near South Peninsula

There are a total of 2 cities nearby South Peninsula. The average rent in South Peninsula is currently $2,749 per month. Only one city nearby has an average rent lower than that. Our records show that Daytona Beach, FL, with an average rent of $1,997, is the most affordable city nearby. In contrast, the most expensive city near South Peninsula, FL is New Smyrna Beach, FL. Monthly rents here are on average $3,500 per month.

Let's compare South Peninsula, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in South Peninsula, FL is 50.98% more expensive than other cities nearby. One bedrooms are about 11.54% more expensive. Two bedrooms in South Peninsula, FL are about 12.43% more expensive. Finally, rent for three bedrooms are about 29.51% more expensive. Want more information? Check out the top 2 cities near South Peninsula, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Daytona Beach, FL	$1,250	$1,250	$2,050	$1,997
New Smyrna Beach, FL	N/A	$2,200	$3,200	$3,500

Top Neighborhoods Near South Peninsula

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near South Peninsula

Some of these counties include North Peninsula, FL, Ormond Beach, FL, and Central Volusia, FL. The average rent for rentals in these counties is $2,588. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is North Peninsula, FL. It's average rent per month is $2,000. Vice versa, with an average rent of $3,400, New Smyrna Beach, FL is the most expensive county by South Peninsula, FL.

In comparison, rent for one bedroom listings in South Peninsula, FL is 65.38% more expensive than other counties nearby. Finally, rent for two bedrooms in South Peninsula, FL is 14.51% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
North Peninsula, FL	N/A	$1,350	$2,000	$2,000
Ormond Beach, FL	N/A	N/A	$2,500	$2,500
Central Volusia, FL	N/A	N/A	$2,625	$2,675
New Smyrna Beach, FL	N/A	$1,900	$3,200	$3,400

Top Zipcodes Near South Peninsula

There are a total of 2 zipcodes in or near South Peninsula, FL. The average rent for all of these zipcodes is $2,988.

The following chart includes the top 2 zipcodes in South Peninsula, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32169, New Smyrna Beach, FL	N/A	$2,200	$3,500	$3,800
32118, Daytona Beach Shores, FL	$1,425	$1,375	$2,500	$2,175

Frequently Asked Questions - South Peninsula Average Rents

What is the average rent price in South Peninsula, FL?

The average monthly rental price for South Peninsula, FL apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do South Peninsula, 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 South Peninsula, FL.

How much is a studio apartment in South Peninsula, FL?

The average monthly rental price for studio apartments is $1,275 and an average price per square feet of $3.19. There are a total of 2 studio apartment listings currently available for rent in South Peninsula.

How much is a one bedroom apartment in South Peninsula, FL?

The average monthly rental price for one bedroom apartments is $1,950 and an average price per square feet of $2.34. There are a total of 6 one bedroom apartment listings currently available for rent in South Peninsula.

How much is a two bedroom apartment in South Peninsula, FL?

The average monthly rental price for two bedroom apartments is $2,998 and an average price per square feet of $2.19. There are a total of 36 two bedroom apartment listings currently available for rent in South Peninsula.

How have rent prices in South Peninsula, FL changed this year?

Rent prices for rentals in South Peninsula, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.24% year-over-year.

What is a reasonable rent price in South Peninsula, FL?

A reasonable rent price in South Peninsula, FL is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.