States › Florida › Fernandina Beach

Is Fernandina Beach, FL expensive to live in?

ExpensiveRent takes 33 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,92567% higher than U.S. average
💵 Families earn per year (2026)$105,588about $8,799/month · 21% higher than U.S. average
🔑 House price$555,40067% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 5.3 years of household income. Most homes (80.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $117,000 a year. That is $56 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 453 of 479 cities from cheapest to most expensive.

Fernandina Beach
$2,925
Atlantic Beach
$3,500+
Callaway
$1,349
Pasadena Hills
$1,228
Sunset
$2,981
South Daytona
$1,609
Highland City
$2,097

How much do households earn in Fernandina Beach?

Under $25k
7.8%
$25k–50k
19.6%
$50k–100k
30.2%
$100k–150k
21.3%
$150k+
15.2%

Share of households by yearly income. 36.6% of households earn $100,000 or more.

Rent by apartment size in Fernandina Beach

SizeFernandina BeachU.S. average
1 bedroom$1,216$1,324
2 bedrooms$1,171$1,509
3 bedrooms$2,119$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Fernandina Beach overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fernandina Beach, so the Florida figure is shown.

Taxes and bills in Fernandina Beach

🏛️ Property tax$4,293a year · 0.77% of home value · U.S. $3,119
⚡ Electric bill$179a month (typical) · U.S. $156

Life in Fernandina Beach

Commute to work22.3 minU.S.: 26.4 min
College degree53.3%U.S.: 35.7%
Own their home80.5%U.S.: 65.2%
Below poverty line11.3%U.S.: 12.5%
Unemployment2.7%U.S.: 5.2%

Is it cheaper to rent or buy in Fernandina Beach?

Renting is cheaper right now: about $929 a month less.

Renting
$2,925
Owning
$3,854

Owning assumes a typical $555,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $55,540 for the down payment.

Frequently asked questions

What is the average rent in Fernandina Beach, FL?

Renting in Fernandina Beach costs a median of about $2,925 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Fernandina Beach?

To keep rent under 30% of income, you need about $117,000 a year, or $56 an hour at a full-time job.

Is Fernandina Beach cheap or expensive?

Fernandina Beach is rated Expensive: rent takes 33.2% of the typical household income of $105,588. It ranks 453rd cheapest of 479 Florida cities we track.

How much are property taxes in Fernandina Beach?

The median homeowner in Fernandina Beach pays $4,293 a year in property taxes, about 0.77% of the median home value.

Is Fernandina Beach more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Fernandina Beach?

The median home value in Fernandina Beach is $555,400, about 5.3 times the typical yearly household income.

13,420 people live in Fernandina Beach. Numbers are typical (middle) values.