Rent in Punta Gorda, FL at a glance
2-bedroom rent (HUD)
$1,470$17,640 a year · HUD fiscal year 2026From October 1, 2026: $1,575 (+7.1%)How much rent can you afford in Punta Gorda, FL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Punta Gorda, FL by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,159 | $13,908 | $46,360 | $22.29/hr |
| 1 bedroom | $1,167 | $14,004 | $46,680 | $22.44/hr |
| 2 bedroomsMost searched | $1,470 | $17,640 | $58,800 | $28.27/hr |
| 3 bedrooms | $2,041 | $24,492 | $81,640 | $39.25/hr |
| 4 bedrooms | $2,326 | $27,912 | $93,040 | $44.73/hr |
Cost of living in Punta Gorda, FL: income, prices and a budget →
Living and working in Punta Gorda, FL
Rent in Punta Gorda, FL: common questions
How much is rent going up in Punta Gorda, FL in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,575 for a two-bedroom, up 7.1% from $1,470. A one-bedroom goes from $1,167 to $1,204, a studio from $1,159 to $1,097.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Punta Gorda, FL?
HUD's Fair Market Rent for 2026 is $1,167 for a one-bedroom and $1,470 for a two-bedroom, utilities included. That is $17,640 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Punta Gorda, FL?
To keep a $1,470 two-bedroom at 30% of gross pay, one full-time worker needs $28.27 an hour, or $58,800 a year. A one-bedroom at $1,167 takes $22.44 an hour.
How much is a 1, 2 or 3-bedroom apartment in Punta Gorda, FL?
At HUD's 2026 Fair Market Rent: studio $1,159, one bedroom $1,167, two $1,470, three $2,041 and four $2,326 a month.
Is rent affordable in Punta Gorda, FL?
For the typical household, earning $85,779 a year ($7,148 a month, Census ACS), a two-bedroom at $1,470 takes 20.6% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,470 × 12) ÷ 0.30 = $58,800. Divided by 2,080 working hours, that is $28.27 an hour.