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10
Posts
2
Votes
Craig Bauer
  • Investor
  • NJ
2
Votes |
10
Posts

For investors in Jacksonville, how saturated is the JAX rental market?

Craig Bauer
  • Investor
  • NJ
Posted

I have (4) MD properties and have been monitoring JAX and surrounding areas for a few years for investment properties first with a longer term goal as a retirement destination.  At a glance, there seems to be a large amount of unoccupied rentals on the market.  One data point is the relationship of Open Rentals vs. Population by a few Zips compared to my MD Zips.  Is JAX too saturated?

StateZip CodePopulationOpen Rentals (Zillow)Ratio
FL3221853,4731770.33%
FL3209715,616460.29%
FL3225826,759670.25%
FL3224457,3691420.25%
FL3222127,918610.22%
MD2123469,752320.05%
MD2123730,059120.04%
MD210143604770.02%

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