Rental Investing in Jacksonville, FL

2026 Market Data & Investment Analysis

Gross Yield

6.2%

Annual rent / price

Median Home Price

$300,000

As of 2026-Q1

Median Monthly Rent

$1,550

Per month

Population

949,611

+1.3% / yr (5y avg)

Calculate Your Return in Jacksonville

Pre-filled with Jacksonville's median values. Adjust to match your specific property.

Property Details

$

Total acquisition cost before taxes

$
$

HOA, insurance, property management

%

% of time the property is empty

%

% of purchase price (e.g. 2% = 2)

% of price

Rule of thumb: 1% of purchase price/yr

Results

Gross Rental Yield

6.20%

Net Rental Yield

4.09%

Cap Rate

4.09%

Monthly Cash Flow

$1,022.50

Annual Cash Flow

$12,270.00

> 6% — Excellent4–6% — Good< 4% — Low

Market Overview

Median Home Price — 5-Year Trend

2021
$245,000
2022
$335,000
2023
$315,000
2024
$308,000
2025
$300,000

Median Monthly Rent — 5-Year Trend

2021
$1,280
2022
$1,510
2023
$1,555
2024
$1,553
2025
$1,550

Jacksonville provides solid rental yields of 6.2%, in line with healthy investment market benchmarks.

Strong population growth of 1.3% per year suggests increasing rental demand and a tightening supply-demand balance over time.

The vacancy rate of 5.9% is healthy, indicating strong rental demand and limited downtime between tenants.

Investment Profile

Growth & Income Market

Jacksonville offers the best of both worlds — above-average rental yields combined with strong population growth. These market conditions support both current cash flow and long-term appreciation potential.

Strengths

  • Gross rental yield of 6.2% is above the national average
  • Population growth of 1.3% per year drives rental demand
  • Dual potential for rental income and price appreciation

! Risks

  • Investor competition can compress yields as prices rise
  • Rapid growth may put upward pressure on purchase prices

Key Metrics

Gross Yield6.2%
Median Home Price$300,000
Median Monthly Rent$1,550
Population Growth+1.3% / yr
Vacancy Rate5.9%

How Jacksonville Compares

Jacksonville vs Tampa: 0.4 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
Tampa, FL$350,000$1,7005.8%+1.5%
Orlando, FL$320,000$1,6506.2%+1.7%
Charlotte, NC$370,000$1,7005.5%+1.4%
Miami, FL$580,000$2,5005.2%+0.8%
Fort Lauderdale, FL$480,000$2,2005.5%+1%

Frequently Asked Questions

Is rental investing profitable in Jacksonville?
Yes, Jacksonville offers a gross rental yield of 6.2%, which is above the national average of around 5–6%. With a median home price of $300,000 and median monthly rent of $1,550, the numbers support profitable rental investing — though your specific results depend on financing terms, expenses, and property management.
What is the average rental yield in Jacksonville?
The average gross rental yield in Jacksonville is approximately 6.2%, based on a median home price of $300,000 and median monthly rent of $1,550 (as of 2026-Q1). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does Jacksonville compare to Tampa for investors?
Jacksonville has a gross yield of 6.2% compared to 5.8% in Tampa, a difference of 0.4 percentage points. Jacksonville offers higher current income potential, making it more attractive for cash flow-focused investors.

Ready to Analyse a Specific Property in Jacksonville?

Use our free rental yield calculator to model any property — not just the median.

Data source: Zillow Research / U.S. Census Bureau. Last updated: 2026-Q1. This information is for educational purposes only and does not constitute investment advice.