Florida Cities Rank Among Least Affordable for Rentals

WalletHub study finds no Florida cities in top 100 for affordable rental prices

Apr. 17, 2026 at 10:57am

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An abstract composition of overlapping triangles and rectangles in shades of blue, orange, and gray, conveying the complex challenges of rising rental costs and housing unaffordability in Florida.Geometric visualization of the housing affordability crisis gripping Florida's major metropolitan areas.Today in Jacksonville

A new WalletHub study has found that Florida cities are among the worst places in America to find affordable rental properties. The analysis showed that no Florida cities cracked the top 100 for affordable rental prices, with Jacksonville being the most affordable market in the state.

Why it matters

The lack of affordable rental options in Florida is a growing concern, as rising housing costs put strain on residents and make it difficult for people to find suitable and affordable places to live. This issue has broader implications for the state's economy and quality of life.

The details

The WalletHub study examined rental affordability across 182 U.S. cities. It looked at metrics like median rental prices, rental vacancy rates, and the percentage of income required to cover rent. Florida's major metro areas, including Miami, Tampa, and Orlando, all ranked poorly in the analysis, indicating a severe shortage of affordable rental housing options.

  • The WalletHub study was published on April 17, 2026.

The players

WalletHub

A personal finance website that conducts research and analysis on economic and financial topics.

Jacksonville

The most affordable rental market in Florida according to the WalletHub study.

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The takeaway

The lack of affordable rental options in Florida's major cities highlights the growing housing affordability crisis in the state. This issue has far-reaching implications for residents, businesses, and the overall economic and social fabric of Florida communities.