Real Estate Investing in Jacksonville, Florida (32206)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32206 (Jacksonville, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.2% of homes vacant — above national norms.
- Elevated poverty: 25.2% poverty rate — can affect rent collection.
- Lower household income: $35,313 median — tenant affordability is tighter.
What’s happening in Jacksonville, FL (32206)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32206 Jacksonville
In Jacksonville's 32206 ZIP, the arithmetic favors hands-on owners. Median home values sits at $131K, leaving spread for capex-heavy BRRRR or reposition strategies.
Investors in 32206 do not buy the market average — they buy the unit they can improve. $131K median pricing and $1,426/mo comps define the envelope within which the work has to pay.
Across Jacksonville, pockets like 32206 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
Demographically, 32206 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
Experienced operators with contractor networks find 32206 a credible choice for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Jacksonville:
Property Strategy for 32206
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $84,693 | $1,150 | 9.8% | +7.7% | $42,347 |
| 3BR | $122,396 | $1,420 | 8.4% | +7.4% | $40,799 |
| 4BR | $209,015 | $1,780 | 6.1% | +6.6% | $52,254 |
| 5BR | $248,551 | — | — | +7.1% | $49,710 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32206 Compare?
| Metric | 32206 | Jacksonville | Jacksonville, FL | Florida |
|---|---|---|---|---|
| Home Value | $131,495 | $158,715 | N/A | $374,697 |
| 5-Year CAGR | 2.8% | 3.3% | N/A | 7.4% |
| Avg Rent | $1,426 | $1,647 | N/A | - |
| Cap Rate | 8.5% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32206 (Jacksonville, FL). Anonymous, moderated, never written by AI.
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Property managers serving Duval County
Manage rentals here? List your business →Community Management Concepts of Jacksonville, an Associa Member Company, offers HOA property management, professional maintenance, real estate, developer, financial, technology, and lifestyle service summary from their website
First Coast Association Management provides HOA management services in Jacksonville, FL. summary from their website
Real Property Management Jacksonville Metro offers property management services for single homes, multiple homes, apartment complexes, and institutional portfolios, with a focus on cost-effective fees summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $131,495 |
| Monthly Rent | $1,426 |
| Price-to-Rent | 7.7:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.0% |
| Cap Rate | 8.5% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | -1.1% ▼ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +12.5% ▲ |
🏠 Rent Trends
| 1-Year | +12.6% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +8.0% ▲ |
The estimated cap rate (8.5%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32206
Population: 16,809
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 32206
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
LAVILLA SCHOOL OF THE ARTS
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,349 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Jacksonville, FL?
Average rent in Jacksonville, FL is approximately $1,426/mo per month. Against $131K home values that yields a reasonable rent-to-price ratio.
Does house hacking work in Jacksonville, FL?
For house hackers, Jacksonville, FL is an attractive. The $1,426/mo rent on a unit helps defray the mortgage on a $131K property.
Should investors consider Jacksonville, FL?
Yes - Jacksonville, FL a 5.0/5 investability score. With $131K home prices against $1,426/mo monthly rent, the market delivers a reasonable entry point for new investors.
What are home prices like in Jacksonville, FL?
Homes in Jacksonville, FL typically sell near $131K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
How should investors approach Jacksonville, FL?
Investors usually favor value-add and BRRRR deals in Jacksonville, FL. With home values at $131K and rents near $1,426/mo, other strategies can work but produce stable rather than outsized returns.
You know 32206 now. You don’t know where it ranks.
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How 32206 ranks in Jacksonville, FL
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