Greater Alafaya, Florida Rental Market Trends
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 Greater Alafaya, Florida rental market.
Greater Alafaya, Florida
Average Apartment Rent
$1,748
Y-o-Y Change in Average
Apartment Rent
1.5%
As of March 2026
Compared to a year ago, Greater Alafaya, Florida apartments have recorded a 1.5% rent increase.
Greater Alafaya, Florida Average apartment rent trend
Greater Alafaya, Florida Average Apartment Rent
Greater Alafaya, Florida Apartment rent ranges
At 56.03%, apartments priced $1,500 - $2,000 represent the bulk of Greater Alafaya, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.99%.
Greater Alafaya, Florida Housing tenure**
Renters take up 37% of Greater 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%
Greater Alafaya, Florida Renter-occupied housing units by no. of bedrooms**
There are 4,424 rentals in Greater 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 Greater Alafaya, Florida homes for rent is 4.6.
Greater Alafaya, Florida Renter-occupied units by age of householder**
Most condos for rent in Greater 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%.
Greater Alafaya, Florida Renter-occupied housing units by family type**
Greater Alafaya, Florida Renter-occupied housing units by the presence of own children**
A total of 5,423 apartments for rent in Greater 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 Greater Alafaya, Florida is 2.61.
Greater Alafaya, Florida Renter-occupied housing units by educational attainment**
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 Greater Alafaya, Florida.
Greater Alafaya, Florida Renter-occupied units by year structure built**
The highest share of Greater 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).
Greater Alafaya, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Greater 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 Greater Alafaya, Florida condos for rent is 2018.
Greater Alafaya, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Greater Alafaya, Florida renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 9% have 3 vehicles available.
Greater Alafaya, Florida Means of transportation to work of householders living in renter-occupied housing units**
Greater Alafaya, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Greater 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
