$1,875 Per Month
- 2 Beds
- 2 Baths
- Condo for Rent
505 Boardwalk Dr Unit 216, Ponte Vedra Beach, FL 32082
505 Boardwalk Dr Unit 216, Ponte Vedra Beach, FL 32082
Frequently Asked Questions
How much does it cost to rent a home in Palm Valley, FL?
The median rent for a home in Palm Valley, FL is $10,253 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Palm Valley, FL?
To comfortably afford the median rent in Palm Valley, FL, a household needs to earn roughly $410,120 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 $10,253 per month in Palm Valley, FL, renters typically need to show $30,759 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 Palm Valley, FL?
In Palm Valley, FL, the price-to-rent ratio is 9.1, 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 Palm Valley, FL are best for renting a home?
The best neighborhood for renting in Palm Valley, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Sawgrass, South Ponte Vedra Beach, Hodges, eTown and Beach Haven, each with its own character and price range.
