Average Rent in Putnam County, FL↓ Rents falling 10.0% YoY

Putnam County, FL has rental prices ranging from $787/month to $1,377/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $792/month — 43% below the national average of $1,400/month. With a median household income of $47,256/year, spending $792/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Putnam County Compares

With an average 2-bedroom rent of $1,040/month, Putnam County ranks #42 most expensive of the 56 cities tracked in Florida — pricier than 54% of all US cities in our data.

The Putnam County Rental Market

The Putnam County, FL area has a population of about 74,235 and 27% 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 Putnam County, FL have fallen by $115/month (10.0%) over the past year, from $1,155 to $1,040. 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 Putnam County, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,680. The local median household income of $47,256 exceeds that threshold by $15,576, making Putnam County relatively accessible compared to local wages.

Economy & Jobs

Putnam County, FL has an unemployment rate of 5.8%, 1.9 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 Putnam County, FL Affordable?

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

Rent or Buy in Putnam County?

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

Living in Putnam County

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