$1,800 Per Month
- 2 Beds
- 2 Baths
- 1,300 Sq Ft
- Condo for Rent
35 Magnolia Ave Unit 35, Ormond Beach, FL 32174
35 Magnolia Ave Unit 35, Ormond Beach, FL 32174
Frequently Asked Questions
How much does it cost to rent a condo in Ormond Beach, FL?
The median rent for a condo in Ormond Beach, FL is $2,500 per month, though prices vary by neighborhood, size, and property type. As of June 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 Ormond Beach, FL?
To comfortably afford the median rent in Ormond Beach, FL, a household needs to earn roughly $103,200 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 $2,580 per month in Ormond Beach, FL, renters typically need to show $7,740 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 Ormond Beach, FL?
In Ormond Beach, FL, the price-to-rent ratio is 12.9, 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 Ormond Beach, FL are best for renting a condo?
The best neighborhood for renting in Ormond Beach, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Neighborhood K, Central Daytona, Country Club Harbor, Georgetowne and North Port Orange, each with its own character and price range.
