RentData

Average Rent in Wildwood, FL

HUD FY2027 · Official government data · Updated annually · Metro pop. 137,536

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Wildwood, FL has rental prices ranging from $1,092/month to $1,904/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,139/month — 19% below the national average of $1,400/month. With a median household income of $73,297/year, spending $1,139/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Wildwood Compares

With an average 2-bedroom rent of $1,324/month, Wildwood ranks #27 most expensive of the 56 cities tracked in Florida — pricier than 83% of all US cities in our data.

The Wildwood Rental Market

The Wildwood, FL area has a population of about 137,536 and 12% 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 Wildwood, FL have fallen by $4/month (0.3%) over the past year, from $1,328 to $1,324. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Wildwood, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $45,560. The local median household income of $73,297 exceeds that threshold by $27,737, making Wildwood relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Wildwood, FL is $295,266, giving a price-to-rent ratio of 18.6. With a break-even horizon of approximately 19 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2027
Studio
$1,092
Affordable
1 Bedroom
$1,139
Affordable
2 Bedrooms
$1,324
↓0.3% YoY
Affordable
3 Bedrooms
$1,606
Affordable
4 Bedrooms
$1,904
Average
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Median Home Value
$295,266
Source: Zillow ZHVI
Est. monthly payment
$1,572/mo
20% down · 30yr · 7%

Is Wildwood, FL Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$52,960/year
Local median income: $73,297
To buy a median home
$62,861/year
US national median: $75,000
💡 Based on a 2BR rent of $1,324/month and 20% down on a $295,266 home at 7% rate.

Nearby Cities in FLlargest metros in the state

CityStudio1BR2BR3BRHome Value
Fort Lauderdale$1,759$1,902$2,321$3,172—
West Palm Beach$1,907$2,008$2,349$3,052—
Miami$1,953$2,121$2,564$3,277—
Tampa$1,597$1,648$1,917$2,448—
Orlando$1,658$1,726$1,959$2,445—
Jacksonville$1,401$1,421$1,694$2,077—

Rent or Buy in Wildwood?

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

Should I Rent or Buy?

Break-even analysis using real Wildwood data

$
Home Value
$295,266
2BR Rent
$1,324/mo
Mortgage Rate
7%
Monthly P&I
$1,572/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,174/movs rent: $1,324/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $295,266 home at 7% rate

20% — $59,053
3%50%
Estimated Monthly Payment
$1,572
per month · 30 years · 7% APR
Loan Amount
$236,213
Total Paid
$565,751
Total Interest
$329,538
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Wildwood

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Frequently Asked Questions

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🏘️Neighborhoods in Wildwood

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⚖️Rent vs Buy in Wildwood

Is it cheaper to rent or buy here?

💵Rent Affordability in Wildwood

Salary needed to afford rent here

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📋FL Tenant Rights

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