Palm Valley, FL Rental Market Trends
Highlights
The average rent for an apartment in Palm Valley is $1,386, a 11% increase compared to the previous year, when the average rent was $1,251.
Average Rent in Palm Valley, FL
Last updated December 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,386 | 11% | 944 sq. ft. |
The average size for a Palm Valley, FL apartment is 944 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Palm Valley, FL Apartment Rent Ranges
- $1,001-$1,50072%
- $1,501-$2,00028%
Palm Valley, FL Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
2,956 or 34% of the households in Palm Valley, FL are renter-occupied while 5,673 or 65% are owner-occupied.
Palm Valley, FL Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Dec / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Palm Valley, FL | $1,193 | $1,165 | $1,183 | $1,159 | $1,230 | $1,230 | $1,251 | $1,192 | $1,285 | $1,386 |
| National | $1,353 | $1,349 | $1,381 | $1,383 | $1,386 | $1,421 | $1,430 | $1,434 | $1,470 | $1,476 |
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How Does Palm Valley Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| St. Augustine | $1,272 | 20% |
| St. Johns | $1,435 | n/a |
| World Golf Village | $994 | 3% |
| Fruit Cove | $1,435 | n/a |
| Ponte Vedra | $1,430 | 14% |
| St. Augustine Shores | $892 | -1% |
| Palm Valley | $1,386 | 11% |
| Nocatee | $1,577 | n/a |
| St. Augustine South | $892 | -1% |
For more information about the Palm Valley rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Palm Valley apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.