What's a good cap rate in Jacksonville?

In Jacksonville, cap rates typically run around 6.2% (Jacksonville metro median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Jacksonville deal lands versus this benchmark.

What's the average rent for a rental in Jacksonville?

A typical rental in Jacksonville runs about $1,658–$2,043/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Florida?

Florida's effective property tax rate is about 0.89% of value per year — the figure TrueCap applies by default for Jacksonville deals. You can override it with the exact local rate.

Jacksonville, FL

Jacksonville rental property analysis

Jacksonville is Florida's value play: strong in-migration and no state income tax, at prices well below Miami, Tampa, or Orlando.

Jacksonville market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

6.2%

Jacksonville metro median

Typical rent

$1,658–$2,043/mo

HUD FMR · 2–3BR · 2026

Typical price

$230,000–$330,000

est., all-in

Property tax

0.89%

Florida effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Jacksonville a good place to buy rentals?

Growth-market upside with cash flow that still works — but insurance is the swing factor in Florida. Quote it before you offer and underwrite it as a real line item, not an afterthought.

See the full Floridainvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Jacksonville

Arlington

Affordable SFRs, steady working tenant base.

Westside

Lower entry, value-add stock, solid rent ratios.

Riverside/Avondale edges

Appreciation-led, younger renters, tighter yields.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Jacksonville deal in 60 seconds

Paste a Jacksonville address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Florida tax and HUD rent so you start from the right assumptions.

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