Coral Terrace, 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 Coral Terrace, Florida rental market.
Coral Terrace, Florida
Average Apartment Rent
$2,734
Y-o-Y Change in Average
Apartment Rent
-0%
As of March 2026
Compared to a year ago, Coral Terrace, Florida apartments have recorded a -0% rent decrease.
Coral Terrace, Florida Average apartment rent trend
Coral Terrace, Florida Average Apartment Rent
Coral Terrace, Florida Apartment rent ranges
At 30.24%, apartments priced Over $3,000 represent the bulk of Coral Terrace, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.07%.
Coral Terrace, Florida Housing tenure**
Renters take up 37% of Coral Terrace, Florida real estate, occupying a total of 3,002 units, while homeowners live in 5,070 properties.
Median number of rooms of renter-occupied housing units**
4.4
Renter median household income**
$57,544
Average household size of renter-occupied housing units**
3.13
Rental vacancy rate**
3.5%
Coral Terrace, Florida Renter-occupied housing units by no. of bedrooms**
There are 1,411 rentals in Coral Terrace, Florida with 2 beds making up the highest share of the market, at 47%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 79 units. Overall, the median number of rooms in Coral Terrace, Florida homes for rent is 4.4.
Coral Terrace, Florida Renter-occupied units by age of householder**
Most condos for rent in Coral Terrace, Florida are occupied by residents in the 35 - 44 years age group (33%), followed by those in the 45 - 54 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
Coral Terrace, Florida Renter-occupied housing units by family type**
Coral Terrace, Florida Renter-occupied housing units by the presence of own children**
A total of 2,255 apartments for rent in Coral Terrace, Florida, or 75% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 1,226 units. All in all, the median size of a renter-occupied household in Coral Terrace, Florida is 3.13.
Coral Terrace, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Coral Terrace, Florida.
Coral Terrace, Florida Renter-occupied units by year structure built**
The highest share of Coral Terrace, Florida apartment rentals, namely 31% or 945 units, were Built 1950 - 1959, followed by those Built 1970 - 1979 (21%, 619 units), and the ones Built 1940 - 1949 (18%, 549 units).
Coral Terrace, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Coral Terrace, Florida renters (51%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Coral Terrace, Florida condos for rent is 2015.
Coral Terrace, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Coral Terrace, Florida renters have 2 vehicles available per household, 30% of them have 1 vehicle available, and 11% have 3 vehicles available.
Coral Terrace, Florida Means of transportation to work of householders living in renter-occupied housing units**
Coral Terrace, 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 Coral Terrace, 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
