Alafaya, Florida Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Alafaya, Florida rental market.

Alafaya, Florida

Average Apartment Rent

$2,195

Y-o-Y Change in Average
Apartment Rent

-0.1%

As of May 2026

Compared to a year ago, Alafaya, Florida apartments have recorded a -0.1% rent decrease.

Alafaya, Florida Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Alafaya $2,168 $2,147 $2,218 $2,268 $2,232 $2,212 $2,200 $2,186 $2,189
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Alafaya
National
Jul 2023
$2,168
$1,741
Nov 2023
$2,147
$1,732
Mar 2024
$2,218
$1,736
Jul 2024
$2,268
$1,756
Nov 2024
$2,232
$1,749
Mar 2025
$2,212
$1,755
Jul 2025
$2,200
$1,767
Nov 2025
$2,186
$1,753
Mar 2026
$2,189
$1,750

Alafaya, Florida Average Apartment Rent

Alafaya, Florida Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 46.17%, apartments priced $1,500 - $2,000 represent the bulk of Alafaya, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.21%.

Alafaya, Florida Housing tenure**

Renter occupied housing units 11,541
Owner occupied housing units 19,965

Renters take up 37% of Alafaya, Florida real estate, occupying a total of 11,541 units, while homeowners live in 19,965 properties.

Median number of rooms of renter-occupied housing units**

4.6

Renter median household income**

$71,192

Average household size of renter-occupied housing units**

2.61

Rental vacancy rate**

5.2%

Alafaya, Florida Renter-occupied housing units by no. of bedrooms**

No bedrooms 369
1 bed 2,111
2 beds 4,424
3 beds 2,992
4 beds 1,318
5 or more beds 327

There are 4,424 rentals in Alafaya, Florida with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 327 units. Overall, the median number of rooms in Alafaya, Florida homes for rent is 4.6.

Alafaya, Florida Renter-occupied units by age of householder**

15 - 24 years 1,749
25 - 34 years 3,714
35 - 44 years 1,688
45 - 54 years 2,121
55 - 59 years 610
60 - 64 years 159
65 - 74 years 999
75 - 84 years 419
85 years and over 82

Most condos for rent in Alafaya, Florida are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.

Alafaya, Florida Renter-occupied housing units by family type**

Family households 5,423
Non-Family Households 6,118

Alafaya, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,963
No related children of the householder under 18 8,578

A total of 5,423 apartments for rent in Alafaya, Florida, or 47% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 2,963 units. All in all, the median size of a renter-occupied household in Alafaya, Florida is 2.61.

Alafaya, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 713
High school graduate (including equivalency) 1,724
Some college or associate's degree 3,547
Bachelor's degree or higher 5,557

In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Alafaya, Florida.

Alafaya, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 1,931
Built 2000 - 2009 4,885
Built 1990 - 1999 3,119
Built 1980 - 1989 1,114
Built 1970 - 1979 223
Built 1960 - 1969 169
Built 1950 - 1959 82

The highest share of Alafaya, Florida apartment rentals, namely 42% or 4,885 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (27%, 3,119 units), and the ones Built 2010 - 2019 (17%, 1,931 units).

Alafaya, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,140
Moved in 2018 to 2020 5,170
Moved in 2010 to 2017 4,393
Moved in 2000 to 2009 782

Median year renter moved into unit 2018

Most Alafaya, Florida renters (45%) moved in 2018 to 2020, while only 7% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Alafaya, Florida condos for rent is 2018.

Alafaya, Florida Renter-occupied housing units by vehicles available**

No vehicle available 297
1 vehicle available 5,964
2 vehicles available 3,845
3 vehicles available 1,050
4 or more vehicles available 385

When it comes to transportation options, 52% of Alafaya, Florida renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 9% have 3 vehicles available.

Alafaya, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 13,157
Car, truck, or van - carpooled 2,295
Taxicab, motorcycle, bicycle, or other means 310
Worked at home 2,597

Alafaya, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 23,165
Moved within same county 4,275
Moved from different county within same state 1,099
Moved from different state 922
Moved from abroad 389

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Alafaya, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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