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Port St. Lucie

Q2 2026
Rental Market Index

Port St. Lucie saw moderate rent softening in Q1 2026, with rents in the $1,600–$1,900 range and year-over-year declines of ~2–3% as Treasure Coast growth continued but new supply tempered gains.

Historical Trends — 9 Quarters

Average asking rent ($/mo) and vacancy rate (%) — Q2 2024 through Q2 2026

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026$1,680$1,765$1,850$1,935$2,0200%4%8%15%
  • Vacancy %
  • Avg Rent

* Figures are modeled estimates based on Florida Realtors, Apartment List, RealPage, and Zillow ZORI data. Q2 2026 reflects preliminary estimates. For research and informational purposes only.

Port St. Lucie — Q1 2026 Rental Market Report

Port St. Lucie (St. Lucie County) is one of Florida's fastest-growing cities by population and has emerged as an increasingly attractive rental market for those priced out of Palm Beach County. In Q1 2026, the market is softening modestly in line with statewide trends, though strong long-term fundamentals remain intact.

Key Metrics — Q1 2026

  • Average monthly rent (estimated): ~$1,600–$1,900
  • Year-over-year rent change: Approximately −2% to −3%
  • Florida statewide change: −3.0% (Apartment List, March 2026)

Market Conditions

Cleveland Clinic Florida and Tradition Medical Center anchor healthcare employment in the area, while the growing Tradition community and Gatlin Boulevard corridor attract retail and service workers. The city's relative affordability compared to Jupiter and Palm Beach Gardens drives continued in-migration from wealthier coastal markets. New single-family rentals from build-to-rent developers have added to inventory, introducing some competition for older single-family landlords.

Outlook for Landlords

Port St. Lucie's growth trajectory supports a positive long-term outlook. The influx of build-to-rent product is the primary competitive challenge for individual landlords. Emphasizing personalized service, competitive pricing, and flexible lease terms can help independent landlords retain a competitive edge.

Sources: Florida Realtors (April 2026), Apartment List (March 2026), Florida Housing Data Clearinghouse, Florida Landlord Network analysis.

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