What is the median rent in Penney Farms, FL?

Name: Median rent in Penney Farms, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Penney Farms, FL is $1,946 (±$198) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 237 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Penney Farms, the median gross rent went from $1,427 in 2015–2019 to $1,946 in 2020–2024 (+36.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $1,946 (±$198)
Rented homes: 237 (±88)
$2,000 or more: 46.4%
Since 2015–2019: +36.4%

How much rent costs in Penney Farms

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Penney Farms	Clay County	Florida	United States
Less than $500	0.0% (±19.7 points)	1.6%	3.6%	6.3%
$500 to $999	5.1% (±8.8 points)	13.1%	10.7%	20.2%
$1,000 to $1,499	15.6% (±9.8 points)	32.4%	26.0%	28.1%
$1,500 to $1,999	32.9% (±15.0 points)	28.8%	28.8%	21.1%
$2,000 to $2,499	36.3% (±15.4 points)	18.1%	17.4%	12.0%
$2,500 to $2,999	4.6% (±7.7 points)	3.7%	7.2%	5.5%
$3,000 or more	5.5% (±9.6 points)	2.3%	6.3%	6.8%

The most common range is $2,000 to $2,499, paid by 36.3% of renting households.

46.4% of rented homes in Penney Farms cost $2,000 or more a month.

Penney Farms against Clay County, its state and the nation

Estimate (90% margin of error)
	Penney Farms	Clay County	Florida	United States
Median gross rent	$1,946 (±$198)	$1,551 (±$62)	$1,669 (±$5)	$1,413
Rented homes paying rent	237 (±88)	19,132 (±1,128)	2,716,443 (±16,958)	42,849,984

In Penney Farms, median gross rent is higher than in Clay County ($1,551).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

In Clay County, Penney Farms ranks 3 of 10 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 181 of 793.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Penney Farms has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,427 (±$107)	$1,946 (±$198)	+36.4%	No measurable change after inflation
Households that rent	88.3% (±7.3 points)	84.7% (±11.1 points)	−3.6 percentage points	Not a measurable change
Rental vacancy rate	2.3% (±3.8 points)	2.7% (±4.2 points)	+0.4 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Penney Farms

Nearest places with a published estimate, compared with Penney Farms
Place	Distance	Median gross rent	Compared with this place
Penney Farms	—	$1,946 (±$198)	—
Asbury Lake	4.9 mi	$2,172 (±$96)	Higher
Middleburg	7.2 mi	$1,093 (±$123)	Lower
Green Cove Springs	7.8 mi	$1,114 (±$442)	Lower
Fleming Island	10 mi	$1,935 (±$122)	Not measurably different
Lakeside	11 mi	$1,479 (±$90)	Lower
Oakleaf Plantation	13 mi	$2,058 (±$179)	Not measurably different
Fruit Cove	14 mi	$2,336 (±$160)	Higher
Bellair-Meadowbrook Terrace	14 mi	$1,457 (±$70)	Lower

Nearby places with a measurably lower figure: Middleburg, FL ($1,093), Green Cove Springs, FL ($1,114), Lakeside, FL ($1,479).

Nearby places with a measurably higher figure: Asbury Lake, FL ($2,172), Fruit Cove, FL ($2,336).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Clay County, place by place

Rank	Place	Median gross rent
1	Asbury Lake	$2,172 (±$96)
2	Oakleaf Plantation	$2,058 (±$179)
3	Penney Farms	$1,946 (±$198)
4	Fleming Island	$1,935 (±$122)
5	Lakeside	$1,479 (±$90)
6	Bellair-Meadowbrook Terrace	$1,457 (±$70)
7	Orange Park	$1,429 (±$152)
8	Keystone Heights	$1,258 (±$400)
9	Green Cove Springs	$1,114 (±$442)

Showing 9 of 10 places in Clay County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Penney Farms

What is the average rent in Penney Farms, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Penney Farms is $1,946 (±$198) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Penney Farms?

In Penney Farms, the median gross rent went from $1,427 in 2015–2019 to $1,946 in 2020–2024 (+36.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Penney Farms cost more than $2,000 a month?

46.4% of rented homes in Penney Farms have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Penney Farms higher than in Clay County?

In Penney Farms, median gross rent is higher than in Clay County ($1,551).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Penney Farms town, Florida (place:55875, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.