Jacksonville multifamily market, October 2026

Neither side has the edge in Jacksonville, and it is holding steady: asking rents are up 1.7% on a year, while jobs grew 0.3%.

Updated October 31, 2026 · from Zillow, BLS and the US Census Bureau

+1.7%

Asking rent, year over year

Zillow · September 2026

+0.3%

Jobs, year over year

BLS · September 2026, preliminary

9.6%YEARLY

Vacancy

Census · 2024 count

What is moving now

Asking rents are up 1.7% on a year to September 2026, which is the figure the condition is read from. Jobs are up 0.3% over the same year to September 2026, a first release the BLS revises the following month. Nothing is pulling hard either way in the latest figures (September 2026).

The backdrop

These are yearly Census counts, not this month's: 9.6% of rentals sat empty in 2024, permits for new apartments were up 111% in 2025, more people moved in than out in 2025, and the typical rent was $1,625 a month in 2024. They are the background the monthly figures move against, and they are the newest the Census has published.

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Common questions about Jacksonville

Answered from the data, updated October 31, 2026

Is the Jacksonville rental market tight or soft right now?

In Jacksonville right now, neither side has a clear edge, and it is stable.

Which way is the Jacksonville market heading?

Jacksonville is stable right now, as asking rents firm over the past year (Zillow ZORI, monthly).

Is Jacksonville a landlord's or a renter's market?

Jacksonville is a balanced market right now, with neither side holding a clear edge.

What is the vacancy rate in Jacksonville?

Vacancy in Jacksonville is 9.6% in the 2024 count, a yearly snapshot rather than a monthly reading (US Census Bureau).

How much have Jacksonville rents changed?

Asking rents in Jacksonville are up 1.7% over the past year (Zillow ZORI, monthly, latest Sep 2026).

Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

Cushman & Wakefield Represents Oso Capital in Sale and Financing of Surfside Apartments in Jacksonville Beach Florida to KABR GroupYield PRO

Jacksonville Beach multifamily community trades for record-breaking $19MThe Business Journals

Sulzbacher opens 100 transitional housing units at new Enterprise Village campusfirstcoastnews.com

Jacksonville Housing Authority board votes unanimously to terminate CEOfirstcoastnews.com

Jacksonville Housing Authority board terminates CEO after she declined to resignNews4JAX

Out-of-state investors are betting on Jacksonville’s housing marketAction News Jax

See all Jacksonville news →

Data: Zillow ZORI, BLS, US Census Bureau, FRED, and the MetroSgnl news feed. Recomputed daily. Market information only, not investment advice.
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