As of June 2026, Zillow's ZIP-level ZORI for 32211 is $1,410 per month, a typical observed asking-rent index blended across rental types rather than a lease quote for every home. The one-year same-month change was 0.4%, while the three-year and five-year same-month annualized changes were 4.2% and 5.3%. That progression says the latest year breaks from, rather than confirms, the stronger longer backward-looking path. The history contains 86 monthly observations with full available coverage. Annualized monthly-return variability is 4.7%, so a single current rent snapshot deserves moderate rather than absolute confidence because index movement has not been trivial. Separately, the maximum drawdown was 10.0%, documenting a material historical retreat from an earlier index peak. These are backward-looking measurements, not forecasts or investment conclusions.
The five-digit label is both a Zillow ZIP market identifier and a Census ZCTA match. A ZCTA is a statistical area and is not identical to a USPS delivery ZIP. The ACS 2024 five-year survey reports a $1,185 median gross rent for occupied renter homes, including selected utilities, versus Zillow's $1,410 asking-rent index; the index is 19.0% higher. ACS also reports median household income of $57,021. Annualizing the Zillow figure and applying the 30% screen produces required income of $56,400 and an asking-rent-to-income share of 29.7%. That screen is arithmetic only, not advice, an applicant qualification rule, or evidence about a particular household's lease payment.
Bedroom figures should be read as modelled estimates, never as measured bedroom rents. Scaling ZIP ZORI through the local HUD ladder produces monthly estimates of $1,151 for a studio, $1,172 for one bedroom, $1,410 for two bedrooms, $1,742 for three bedrooms, and $2,177 for four bedrooms. The underlying HUD standards are $1,110, $1,130, $1,360, $1,680, and $2,100, respectively. HUD FMR or SAFMR is an administrative, bedroom-specific standard rather than an asking-rent series. The modelled two-bedroom estimate sits 3.7% above the corresponding HUD standard, but that difference does not establish the asking rent, quality, availability, or utility treatment of any actual two-bedroom unit.
Housing composition and renter burden add an important counterweight to the headline asking-rent screen. The matched ZCTA has 15,454 housing units, including 10,080 single-family units, and its overall vacancy rate is 9.0%. Renters occupy 44.3% of occupied homes. Among renter households, 3,655, or 58.7%, report spending at least 30% of income on gross rent in the ACS survey. There are 610 vacant units classified for rent, but that category does not prove current availability, affordability, condition, lease terms, or bedroom mix for a specific unit. Survey-based burden and vacancy measures describe aggregates and carry survey uncertainty.
Wider geographies establish context but do not replace ZIP evidence: the City of Jacksonville context asking-rent index is $1,599.67, Duval County context is $1,616, and the Jacksonville, FL metro context is $1,708. Each is higher than the ZIP's direct Zillow index, but each covers a broader geography. The Jacksonville, FL metro context also reports median household income of $79,643 and a rent-to-income measure of 25.7%, which is lower than the ZIP's arithmetic asking-rent share. These comparisons frame the ZIP within city, county, and metro benchmarks; they do not show that every local renter or property differs from those wider areas in the same way.
Redfin's direct rolling-three-month ZIP resale observation through June 30, 2026 belongs entirely to the for-sale market. Median sold price was $274,938, down 0.02% year over year; 141 homes sold, and median days on market were 42. Inventory was 85 homes, down 42.6%, with 1.8 months of supply. Average sale-to-list was 98.56%, while 25.57% of homes sold above list. Those are resale liquidity, pricing, marketing-time, inventory, and sale-to-list signals, not rental transactions or property-level rental economics. Annualized ZIP ZORI divided by median sold price produces a 6.15% cross-source screening ratio only; it is not a cap rate, net return, expected return, or property yield.
The resale evidence creates a useful tension rather than a simple confirmation. Short resale supply and active transaction counts coexist with an essentially flat sold-price change, while the rent index has slowed sharply relative to its longer history and the ACS burden share remains substantial. Thus, the cross-source screening ratio may look notable without resolving the household affordability or rent-growth question. Transparent national discovery ranks among history-eligible ZIPs are 1,445 for momentum, 2,774 for stability, and 2,366 for the balanced measure, where lower rank is higher. These ranks are descriptive discovery tools, not quality grades, forecasts, or investment recommendations.
Several limits should remain attached to any use of this ZIP profile. Zillow measures a blended asking-rent index, ACS measures occupied renter homes over a five-year survey period, HUD supplies an administrative standard, and Redfin measures direct ZIP resale activity over a rolling window. Before applying any aggregate result to a property, verify current listing rent, lease term, bedroom count, included utilities, concessions, fees, condition, and actual availability. For a resale comparison, verify the specific home's sale date, property type, list history, and relevant physical characteristics. Which property-level facts would materially change the comparison between the listed rent, the modelled bedroom estimate, and the observed resale benchmark?
","findings":[{"body":"ZIP 32211's current Zillow asking-rent index is nearly unchanged over the latest same-month year, even though its three-year and five-year annualized history was materially stronger. The slowdown breaks from the longer historical path. High variability and a meaningful prior drawdown mean the current index should be treated as a useful benchmark, not a precise prediction for every available rental.","title":"Recent rent direction has slowed"},{"body":"The Zillow asking-rent index is above the ACS median gross-rent measure, while the local arithmetic income screen sits near the matched ZCTA median household income. ACS burden results show that many surveyed renter households pay a substantial share of income toward gross rent. These statistics describe different populations and cost concepts, so they should not be merged into a single observed rent measure.","title":"Affordability signals differ by source universe"},{"body":"Studio through four-bedroom figures are modelled by applying the local HUD bedroom ladder to ZIP ZORI. HUD standards are administrative benchmarks and Zillow is a blended asking-rent index, so neither source supplies measured asking rents for a particular floor plan. The estimates can organize a bedroom comparison, but listing-level rent, utilities, and availability still require direct verification.","title":"Bedroom amounts are scaled estimates"},{"body":"Redfin shows direct ZIP resale activity with short supply, a near-flat median sold-price change, measurable marketing time, and sale-to-list signals below full list price on average. Those observations concern homes sold rather than rentals. The annualized rent-to-price figure is therefore only a cross-source screening ratio and cannot establish a property's income, expenses, return, or tenant affordability.","title":"Resale conditions do not settle the rent question"}],"risks":["The latest one-year rent change is much slower than the longer historical changes, and the history's variability and prior drawdown reduce confidence that one current asking-rent index level represents a stable near-term pattern.","ACS median gross rent, renter burden, vacancy, and household income are ZCTA five-year survey measures for aggregates. They cannot identify the rent burden, utility costs, or vacancy status of a particular currently listed dwelling.","The bedroom ladder is modelled from ZIP ZORI and HUD standards, not measured from observed bedroom-specific listings. Actual rents can differ because of lease terms, utilities, condition, availability, and property characteristics.","Redfin resale figures describe a rolling direct ZIP for-sale observation rather than rental transactions. Its screening ratio excludes operating expenses, financing, taxes, maintenance, vacancy experience, and property-specific sale or rental differences."],"qa":[{"a":"Zillow ZORI is a ZIP-level typical observed asking-rent index blended across rental types. It is useful for describing the asking-rent market level and historical change, but it is not a lease quote, a measure of occupied-renter costs, or a bedroom-specific observation for a particular available home.","q":"What does the Zillow rent figure measure?"},{"a":"ACS median gross rent comes from a five-year survey of occupied renter homes and includes selected utilities. Zillow ZORI is an asking-rent index rather than an occupied-unit survey measure. They differ in timing, sampled universe, cost treatment, and the housing situations they represent.","q":"Why does ACS median gross rent differ from Zillow ZORI?"},{"a":"No. The studio through four-bedroom amounts are modelled estimates created by scaling ZIP ZORI with the local HUD bedroom ladder. HUD FMR or SAFMR is an administrative bedroom-specific standard, not a listing database. A specific unit's rent requires verification from its actual listing and lease terms.","q":"Are the bedroom estimates actual asking rents for each unit size?"},{"a":"It is annualized ZIP ZORI divided by Redfin's direct ZIP median sold price from a rolling resale observation. The result is only a cross-source screening ratio. It is not a cap rate, property yield, net return, expected return, or measure of operating income after expenses.","q":"How should the Redfin rent-to-price figure be interpreted?"}],"sources":[{"key":"apartment_list_time_on_market","name":"Apartment List Time on Market — listing liquidity","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/category/data-rent-estimates"},{"key":"apartment_list_vacancy","name":"Apartment List Vacancy Index — rental vacancy","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/apartment-list-vacancy-index-methodology"},{"key":"census_zcta_facts","name":"Census ACS five-year — ZCTA housing and income","release":"ACS 2024 5-year ZCTA","pulledAt":"2026-08-08","url":"https://api.census.gov/data/2024/acs/acs5.html"},{"key":"hud_zip","name":"HUD USPS crosswalk and Small Area FMRs — ZIP rent fallback","release":"ZIP-CBSA 2025Q4 + SAFMR 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