Daytona Beach, FL
Volusia County ยท Pop. 82,228
Ranked #150 of 243 cities
36Crisis
Median Home Price
๐$280K
5.5% YoY
Median Rent
๐$1,400
4.5% YoY
Median Income
๐ฐ$38K
Rent Burden
๐38.5%
% of income to rent
Income to Buy
๐ฆ$81K
annual income needed
Income to Rent
๐$56K
annual income needed
Price-to-Income
โ๏ธ7.4x
Homeownership
๐ก42.0%
Rent vs. Buy
Buy
$1,490/mo
Est. mortgage (7%, 20% down)
Need $81K/yr income
Rent
$1,400/mo
Median rent
Need $56K/yr income
How Daytona Beach Compares
| Metric | Daytona Beach | Florida | National |
|---|---|---|---|
| Home Price | $280K | $381K | $410K |
| Rent | $1,400 | $1,719 | $1,500 |
| Income | $38K | $73K | $75K |
| Rent Burden | 38.5% | 37.8% | 30.0% |
Key Takeaways
- โข Home prices in Daytona Beach are 32% lower than the national average.
- โข Rent is 7% lower than the national average.
- โข You need an income of $81K to comfortably buy a home here.
- โข The homeownership rate is 42.0%, compared to 65.0% nationally.