Rents drop slightly in Jacksonville area

Yardi Matrix report is full of real estate and economic information about the area.


  • By Dan Macdonald
  • | 12:10 a.m. October 13, 2023
  • | 0 Free Articles Remaining!
The Adley Luxe apartment community under construction Oct. 9 at 665 Starratt Road at Airport Center Drive in North Jacksonville. According to Yardi Matrix, area developers had 14,631 apartment units under construction through July
The Adley Luxe apartment community under construction Oct. 9 at 665 Starratt Road at Airport Center Drive in North Jacksonville. According to Yardi Matrix, area developers had 14,631 apartment units under construction through July
Photo by Monty Zickuhr
  • Real Estate
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Rents in the Jacksonville metro area in 2023 fell slightly through July, according to Yardi Matrix, a real estate research division of Yardi.

In its “Jacksonville’s Adjustment: Multifamily Report,” rents in the metro area fell by 0.2% while nationally they rose  0.3%. Through July, Jacksonville’s average rent was $1,533 compared with the national average of $1,729.

The report released in the first week of October measures rental, employment and other economic statistics. Here is a gleaning of that report:


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