Insights / Jacksonville

Soft
Stable
Condition and direction
Jacksonville, FL · recomputed daily
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Jacksonville, FL Multifamily Market Read | September 2026

Jacksonville reads Soft and Stable, so renters have the edge. Asking rents are firming, up 1.1% over the past year (Zillow ZORI, monthly, latest Aug 2026). This brief lays out what the current data shows for Jacksonville, grouped by how often each source updates.

Updated September 20, 2026

Asking rent YoY · monthly
+1.1%
Vacancy · 2024
9.6%
Jobs YoY · monthly
+0.1%

What is moving now (monthly)

Asking rents are firming, up 1.1% over the past year (Zillow ZORI, monthly, latest Aug 2026). Jobs are roughly flat over the past year (BLS, monthly, latest Aug 2026).

The backdrop (yearly, US Census Bureau)

Vacancy was 9.6%, on the high side, giving renters more choice, in the 2024 count (US Census Bureau). This is a yearly snapshot, not a monthly signal. New permitting was heavy, +111.1% in the 2025 count (US Census Bureau, building permits). A standing yearly figure, not a live signal. Net migration was positive at +9.7 per 1,000 residents in the 2025 count (US Census Bureau).

Rent context

The metro median rent, including utilities, was about $1,625 a month in the 2024 count (US Census Bureau).

What the data shows

Taken together, Jacksonville is Soft and stable: renters have the edge. The monthly movers, asking rent and jobs, are the live part of the picture, while vacancy, permitting, and migration are yearly snapshots that set the backdrop. MetroSgnl reads the market from public data and shows every figure with its source and cadence. This is market information, not investment advice, and not a recommendation about any property.


Common questions about Jacksonville · answered from the data, updated September 20, 2026

Is the Jacksonville rental market tight or soft right now?

Jacksonville reads Soft right now, so renters have the edge.

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 renter's market right now, because it reads Soft.

What is the vacancy rate in Jacksonville?

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

How much have Jacksonville rents changed?

Asking rents in Jacksonville are up 1.1% over the past year (Zillow ZORI, monthly, latest Aug 2026).


Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

RISE Obtains $101M Bridge Loan for Jacksonville ApartmentsConnect CRE
Developer to tear down Downtown East ApartmentsThe Florida Times-Union
Jacksonville Rents Are Going DownRealtor.com
Taylor Morrison sees room to grow in Jacksonville as housing market shiftsJacksonville Daily Record
New $20 million fund aims to unlock $80 million in affordable housingThe Florida Times-Union
Becovic adds to portfolio, buys Carling, 11 East Downtown apartments for $27MNews4JAX
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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