$3,650 Per Month
- 3 Beds
- 2 Baths
- 1,709 Sq Ft
- House for Rent
3069 Borassus Dr, New Smyrna Beach, FL 32168
3069 Borassus Dr, New Smyrna Beach, FL 32168
Frequently Asked Questions
How much does it cost to rent a home in New Smyrna Beach, FL?
The median rent for a home in New Smyrna Beach, FL is $3,600 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in New Smyrna Beach, FL?
To comfortably afford the median rent in New Smyrna Beach, FL, a household needs to earn roughly $144,000 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 $3,600 per month in New Smyrna Beach, FL, renters typically need to show $10,800 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 New Smyrna Beach, FL?
In New Smyrna Beach, FL, the price-to-rent ratio is 10.4, 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 New Smyrna Beach, FL are best for renting a home?
The best neighborhood for renting in New Smyrna Beach, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Venetian Bay, Sugar Mill, Glencoe, Fairway and Florida Shores, each with its own character and price range.
