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Welaka, FL Home for Rent

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    $2,300 Per Month

    • 3 Beds
    • 2 Baths
    • 1,328 Sq Ft
    • Condo for Rent

    99 Broad River Place Unit 1301, Welaka, FL 32193

    The MOST desirable Location in the Complex. In the Original Waterfront Building. This 3/2 corner , north end condo has the BEST waterfront view in the complex. End unit in the Original Building on the 3rd floor, with 3rd floor only vaulted ceilings, a screened porch, and views up and down the St. Johns River. Your private boat slip is underneath your balcony. Building 1 is the ONLY building in

    Mary Burnett MARY BURNETT, BROKER

    99 Broad River Place Unit 1301, Welaka, FL 32193

Why Live in Welaka

Welaka, Florida, is a small riverside community in Putnam County, known for its prime bass fishing on the St. Johns River. With a population of about 700, this quiet town attracts anglers from across the country, earning it the nickname "the bass capital of the world." The town features a mix of New Traditional, manufactured, Lakehouse-style, and ranch-style homes, many of which are surrounded by mature trees and grassy lots. Manufactured homes are primarily located in the Lazy Days subdivision on the north side, while single-family homes are scattered throughout the town. Welaka's schools, part of the Putnam County School District, have average ratings and offer Career and Technical Education certifications. Outdoor activities are abundant, with the St. Johns River providing opportunities for boating and fishing, and Welaka State Forest offering trails for hiking and horseback riding. Jefferson Smith Memorial Ball Park and the Town Hall Recreation Area provide additional recreational facilities. For dining, residents enjoy local seafood at Welaka Fish & Crab and Shrimp R Us & More. Essentials can be picked up at Dollar General, with more shopping, dining, and medical services available 17 miles away in Palatka. Welaka hosts a Christmas parade in December, while nearby Palatka offers events like the Palatka Bluegrass Festival and The Mug Race. The town is car-dependent, with Third Avenue connecting to regional highways and Gainesville Regional Airport located about 65 miles away. Although inland, Welaka is susceptible to hurricane-related flooding, particularly near the river.

Frequently Asked Questions

How much does it cost to rent a home in Welaka, FL?
The median rent for a home in Welaka, FL is $1,850 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Welaka, FL?
To comfortably afford the median rent in Welaka, FL, a household needs to earn roughly $74,000 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 $1,850 per month in Welaka, FL, renters typically need to show $5,550 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 Welaka, FL?
In Welaka, FL, the price-to-rent ratio is 12.2, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,850
Median Single Family Home Rent
$1,235
Median Townhouse Rent
$1,400
Median Condo Rent
$2,300
How to Rent a Home