Real Estate Investing in Saint Augustine, Florida (32092)
Should you buy in 32092 (Saint Augustine, FL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.0% vacancy may signal weakening demand.
- 1-year downturn: Values declined 3.3% in the last year.
What’s happening in Saint Augustine, FL (32092)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32092 Saint Augustine
Not every below-median market is a bargain. Saint Augustine's 32092 ZIP sits at signals that favor experienced operators who can absorb the risk $469K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 32092 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader FL picture, 32092 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From a cash-flow lens, 48,288 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 32092 is an operator game, not a passive one. On balance, entry prices of $469K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Saint Augustine:
Property Strategy for 32092
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $219,981 | $2,060 | 6.7% | +8.6% | $219,981 |
| 2BR | $324,914 | $2,470 | 5.5% | +6.5% | $162,457 |
| 3BR | $397,409 | $3,040 | 5.5% | +6.9% | $132,470 |
| 4BR | $505,081 | $3,820 | 5.4% | +7.5% | $126,270 |
| 5BR | $641,526 | — | — | +8.9% | $128,305 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32092 Compare?
| Metric | 32092 | Saint Augustine | Jacksonville, FL | Florida |
|---|---|---|---|---|
| Home Value | $469,213 | $448,477 | N/A | $374,697 |
| 5-Year CAGR | 5.3% | 5.6% | N/A | 7.4% |
| Avg Rent | $2,486 | $2,152 | N/A | - |
| Cap Rate | 4.1% | 3.8% | - | - |
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 32092 (Saint Augustine, FL). Anonymous, moderated, never written by AI.
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Property managers serving Saint Johns County
Manage rentals here? List your business →Sovereign & Jacobs provides property management services in St. Augustine and Jacksonville, including accounting, rentals, and condo & homeowners association management. summary from their website
Alsop Property Management, a division of Alsop Companies, offers luxury rental properties and realty services for communities. summary from their website
Real Property Management Home Together provides property management services. 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 | $469,213 |
| Monthly Rent | $2,486 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | -1.9% ▼ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +5.2% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32092
Population: 48,288
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 32092
Schools in This ZIP Code
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
Frequently Asked Questions
How much does a house cost in Saint Augustine, FL?
In Saint Augustine, FL the median home value sits at $469K. Against the broader FL market, that reads as reasonable for most investors.
How strict are landlord regulations in Saint Augustine, FL?
Saint Augustine, FL operates under FL law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What are vacancy rates like in Saint Augustine, FL?
Saint Augustine, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.
How much do tenants pay in Saint Augustine, FL?
Expect rents around $2,486/mo per month in Saint Augustine, FL. With home values at $469K, the yield math works out to reasonable levels for rental investors.
What is the renter demographic in Saint Augustine, FL?
Tenant quality in Saint Augustine, FL ranks as solid. Landlords generally report stable occupancy at market rents of $2,486/mo.
See what 32092 really looks like for investors
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Community Ratings
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