Daytona Beach, FL

Volusia County ยท Pop. 82,228

Ranked #150 of 243 cities

36Crisis

Median Home Price

๐Ÿ 

$280K

5.5% YoY

Median Rent

๐Ÿ”‘

$1,400

4.5% YoY

Median Income

๐Ÿ’ฐ

$38K

Rent Burden

๐Ÿ“Š

38.5%

% of income to rent

Income to Buy

๐Ÿฆ

$81K

annual income needed

Income to Rent

๐Ÿ“

$56K

annual income needed

Price-to-Income

โš–๏ธ

7.4x

Homeownership

๐Ÿก

42.0%

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

MetricDaytona BeachFloridaNational
Home Price$280K$381K$410K
Rent$1,400$1,719$1,500
Income$38K$73K$75K
Rent Burden38.5%37.8%30.0%

Key Takeaways

  • โ€ข Home prices in Daytona Beach are 32% lower than the national average.
  • โ€ข Rent is 7% lower than the national average.
  • โ€ข You need an income of $81K to comfortably buy a home here.
  • โ€ข The homeownership rate is 42.0%, compared to 65.0% nationally.