Clearwater city, 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 Clearwater city, Florida rental market.
Clearwater city, Florida
Average Apartment Rent
$1,263
Y-o-Y Change in Apartment Rent
6.85%
Compared to a year ago, Clearwater city, Florida apartments have recorded a 6.85% rent increase.
Clearwater city, Florida |Median apartment rent trend
Clearwater city, Florida| Average apartment rent by city
Clearwater city, Florida | Apartment rent ranges
At 61.13%, apartments priced $1,000 - $1,500 represent the bulk of Clearwater city, Florida rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.21%.
Clearwater city, Florida | Housing tenure
Renters take up 42% of Clearwater city, Florida real estate, occupying a total of 19,648 units, while homeowners live in 27,019 properties.
Median number of rooms of renter-occupied housing units
4
Renter Median household income
$35,389
Average household size of renter occupied-housing units
2.45
Rental vacancy rate
6.2%
Clearwater city, Florida | Renter-occupied housing units by no. of bedrooms
There are 8,311 rentals in Clearwater city, Florida with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 99 units. Overall, the median number of rooms in Clearwater city, Florida homes for rent is 4.
Clearwater city, Florida |Renter-occupied units by age of householder
Most condos for rent in Clearwater city, Florida are occupied by residents in the 35 - 44 years age group (21%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Clearwater city, Florida | Renter-occupied housing units by family type
Clearwater city, Florida | Renter-occupied housing units by the presence of own children
A total of 9,432 apartments for rent in Clearwater city, Florida, or 48% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 5,360 units. All in all, the median size of a renter-occupied household in Clearwater city, Florida is 2.45.
Clearwater city, Florida | Renter-occupied housing units by educational attainment
In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Clearwater city, Florida.
Clearwater city, Florida | Renter-occupied units by year structure built
The highest share of Clearwater city, Florida apartment rentals, namely 31% or 6,169 units, were built 1970 - 1979, followed by those built 1980 - 1989 (18%, 3,449 units), and the ones built 1960 - 1969 (13%, 2,515 units).
Clearwater city, Florida | Renter-occupied units by year householder moved in
Median year renter moved into unit2013
Most Clearwater city, Florida renters (47%) moved in 2010 to 2014, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Clearwater city, Florida condos for rent is 2013.
Clearwater city, Florida | Renter-occupied housing units by vehicles available
When it comes to transportation options, 51% of Clearwater city, Florida renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 19% have no vehicle available.
Clearwater city, Florida | Means of transportation to work of householders living in renter-occupied housing units
Clearwater city, Florida |Geographical mobility in the past year for householders living in renter-occupies housing units
Clearwater city, Florida | Average apartment rent by zip codes
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 Clearwater city, 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.
Exceptions: Data sourced from U.S. Census Bureau; American Community Survey, 2018 American Community Survey 5-Year Estimates
