$1,995 Per Month
- 4 Beds
- 2 Baths
- 1,760 Sq Ft
- Condo for Rent
2027-2029 Guava Dr Unit 2029, Edgewater, FL 32141
Frequently Asked Questions
How much does it cost to rent a condo in Edgewater, FL?
The median rent for a condo in Edgewater, FL is $1,350 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Edgewater, FL?
To comfortably afford the median rent in Edgewater, FL, a household needs to earn roughly $86,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,172 per month in Edgewater, FL, renters typically need to show $6,516 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Edgewater, FL?
In Edgewater, FL, the price-to-rent ratio is 11.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Edgewater, FL are best for renting a condo?
The best neighborhood for renting in Edgewater, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include New Smyrna Beachfront, Buena Vista Shores, Bouchelle Island, Central Beach and North Beach, each with its own character and price range.
