Port Orange, Florida Housing Market Prices
Port Orange Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 72% below the Florida median$85,896
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Median rent 8% below the Florida median$1,540
Housing Market Overview
| Metric | Port Orange | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $85,896 | $311,338 | $248,835 |
| Price Trend (Annual %) | 11.6% | 11.2% | 7.5% |
| Median Gross Rent | $1,540 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Port Orange is about 72% lower than in Florida. Rent is about 8% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Port Orange, up about 11.6% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Port Orange rose about 57.7% between 2015 and 2024, from $976 to $1,540. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Port Orange.
Buying the median-priced home in Port Orange costs roughly 4.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Port Orange. The price-to-rent ratio in Florida is about 15.6.
| Metric | Port Orange | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $85,896 | $311,338 | $248,835 |
| Median Household Income | $72,026 | $74,580 | $80,455 |
| Price-to-Income Ratio | 1.2 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Port Orange rose about 54.4%, while median household income rose about 68.0% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Port Orange | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.0% | 57.7% | 58.5% |
| Rental Rate | 20.4% | 27.7% | 31.2% |
| Vacancy Rate | 11.6% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Port Orange has a homeownership rate of 68.0%, higher than the Florida average of 57.7%. Its housing vacancy rate is 11.6%, compared with 14.6% in Florida.
Housing Stock
| Metric | Port Orange | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1988 | 1988 | 1978 |
| Median Number of Rooms | 5.4 | 5.2 | 5.5 |
The typical housing unit in Port Orange was built around 1988. On average, 2.2 people live in a home with about 5.4 rooms, staying for about 13.0 years on average.
Port Orange, FL Housing Compared With Nearby Cities
How Port Orange, FL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Port Orange, FL | 51,713 | $85,896 #2/2 | $1,540 #2/2 | 76.9% #2/2 |
| New Smyrna Beach, FL | 20,446 | $287,756 | $1,598 | 78.5% |
Frequently Asked Questions
Common questions about the housing market in Port Orange, Florida.
What is the median home price in Port Orange, Florida?
The median home price in Port Orange, Florida is $85,896, lower than the Florida average of $311,338.
What is the average home price in Port Orange, Florida?
The typical home price in Port Orange, Florida, reported as the median sale price, is $85,896. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Port Orange, Florida?
The median gross rent in Port Orange, Florida is $1,540 per month, lower than the Florida average of $1,668.
What was the median gross rent in Port Orange in 2020?
In 2020, the median gross rent in Port Orange, Florida was $1,158 per month.
What is the price-to-rent ratio in Port Orange, Florida?
The price-to-rent ratio in Port Orange, Florida is about 4.6, meaning it would take roughly 4.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Port Orange.
Are home prices or rent rising faster in Port Orange, Florida?
Both home prices and rent are rising in Port Orange, up about 11.6% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Port Orange, Florida?
68.0% of households in Port Orange, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Port Orange, Florida?
The housing vacancy rate in Port Orange, Florida is 11.6%, lower than the Florida average of 14.6%.
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