Stretched

What Salary Do You Need to Live in Daytona Beach?

To afford a 2-bedroom in Daytona Beach, you need to earn at least $57,160/year based on estimated fair market rent data. The median household income here is $47,608, which means the typical resident is $9,552 below the threshold.

Census ACS Data Pop. 73,329

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,000	$3,333	$40,000	$-7,608
1 Bedroom	$1,186	$3,953	$47,440	$-168
2 Bedroom BENCHMARK	$1,429	$4,763	$57,160	+$9,552
3 Bedroom	$1,743	$5,810	$69,720	+$22,112
4 Bedroom	$2,144	$7,147	$85,760	+$38,152

Affordability Breakdown

Where the required salary line crosses above Daytona Beach's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$47,608

Annual household

2BR Required Salary

$57,160

Under 30% rule

Income Gap

-$9,552

Deficit

Verdict

Stretched

Ratio: 36.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Daytona Beach

Your Annual Salary

Pre-filled with Daytona Beach's median household income

Max monthly rent you can afford$1,190

Studio

$1,000/mo

1 BR

$1,186/mo

2 BR

$1,429/mo

3 BR

$1,743/mo

4 BR

$2,144/mo

Your salary is $0 above the median income in Daytona Beach.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Daytona Beach's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Daytona Beach

Daytona Beach's rental market puts real pressure on median earners. A 2-bedroom at $1,429/month requires $57,160/year — about $9,552 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Daytona Beach, target the studio or 1-bedroom tier ($1,000–$1,186/month) unless your income exceeds $57,160. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $715/month.

The break-even salary for comfortable living in Daytona Beach is approximately $85,740. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Daytona Beach, Florida.

With a total population of 73,329, the city supports an active civilian workforce of 31,806 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $57,160 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

31,806

Active civilian employees in Daytona Beach

Frequently Asked Questions About Renting in Daytona Beach

What salary do I need to live in Daytona Beach, Florida?

To afford a 2-bedroom in Daytona Beach under the 30% rule, you need an annual salary of at least $57,160. The median household income in Daytona Beach is $47,608.

Can I afford a 2-bedroom in Daytona Beach on $47,608?

The affordability verdict for Daytona Beach is "Stretched". The rent-to-income ratio is 36.0%, meaning there's a $9,552 income gap.

What is the average rent in Daytona Beach compared to median income?

The median gross rent in Daytona Beach is $1,186/month. With a median household income of $47,608, residents spend approximately 36.0% of their income on rent.

What salary do I need for a studio in Daytona Beach?

A studio in Daytona Beach rents for approximately $1,000/month. Under the 30% rule, you need an annual salary of $40,000 to afford this.

Is Daytona Beach considered an affordable place to live?

Based on the deficit of $9,552 and an affordability verdict of "Stretched", Daytona Beach is considered a stretched rental market when comparing the required 2-bedroom salary of $57,160 to the local median household income.

How Daytona Beach Compares

Other cities in Florida with salary requirements