Average Rent in Levy County, FL↓ Rents falling 18.9% YoY🔻 Cheapest in FL

Levy County, FL has rental prices ranging from $553/month to $1,149/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $557/month — 60% below the national average of $1,400/month. With a median household income of $53,805/year, spending $557/month on a 1-bedroom represents 12% of gross income — within the recommended 30% threshold.

How Levy County Compares

With an average 2-bedroom rent of $734/month, Levy County ranks #54 most expensive of the 54 cities tracked in Florida — more affordable than 99% of all US cities in our data.

The Levy County Rental Market

The Levy County, FL area has a population of about 44,276 and 20% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Levy County, FL have fallen by $171/month (18.9%) over the past year, from $905 to $734. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.

Affordability

To afford a 1-bedroom apartment in Levy County, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $22,280. The local median household income of $53,805 exceeds that threshold by $31,525, making Levy County relatively accessible compared to local wages.

Economy & Jobs

Levy County, FL has an unemployment rate of 5.6%, 1.7 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Levy County, FL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Levy County?

Break-even analysis and mortgage estimates based on local market data.

Living in Levy County

Cost of living, job market, crime rates, and moving cost estimates.