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The Daily Insight

Is Florida a good place for rental property?

Author

Mia Ramsey

Published Mar 20, 2026

Unique lifestyle – With its beautiful weather, stunning beaches, and numerous landmarks, Florida is often considered as one of the most desirable places to live. As a result, it keeps attracting more short-term and long-term visitors, which creates demand for both rental strategies.

Where is the cheapest rent in Florida?

Titusville has the cheapest average apartment rental rate in the entire state of Florida, at $876, while Coral Gables had the highest, at $2,628, according to a new RentCafe report using data from Yardi Matrix.

Are rental properties allowed in Florida?

4. Provide Habitable Housing. You are legally required to keep rental premises livable in Florida, under a legal doctrine called the “implied warranty of habitability.” If you don’t take care of important repairs, such as a broken heater, tenants in Florida may have several options, including the right to withhold rent …

Where is the best place to rent a house in Florida?

1) The Best Beach Town for Rentals in Florida: Bonita Springs. Bonita Springs is without a doubt one of the best beach towns for renters in Florida today. Nestled between Fort Myers and Naples on Florida’s Gulf coast, this city of over 51,000 people is a great place to live.

What city in Florida has the lowest cost of living?

The most affordable places to live in Florida are:

  • Kissimmee, Fla.
  • Palm Coast, Fla.
  • Cape Coral, Fla.
  • Palm Bay, Fla.
  • Orlando, Fla.
  • Gainesville, Fla.

Is there a cap on rent increases in Florida?

Is there a limit to how much I can raise the rent by? Fortunately for you, the Florida laws don’t limit how much you can raise the rent by. This means that you can raise the rent by whatever amount you want. You’ll only need to notify your tenant beforehand with advance notice.

How long does it take to evict someone in FL?

On average, an eviction process takes about 15 days if there are no valid defenses to the eviction action. An eviction occurs when a tenant has breached the terms of the tenancy in some material way, or has refused to move out once the rental agreement has expired.