Deerfield Beach, 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 Deerfield Beach, Florida rental market.
Highlights
An apartment for rent in Deerfield Beach, Florida typically goes for $2,188 per month, while a single-family home for rent in Deerfield Beach, Florida has a monthly cost of around $4,092. Renter-occupied units make up 39% of the local housing market, while the rental vacancy rate in Deerfield Beach, Florida is at 3.8.
Deerfield Beach, Florida
Average Apartment Rent
$2,188
Y-o-Y Change in Average
Apartment Rent
2.8%
Average Single-Family Rent
$4,092
As of November 2024
Compared to a year ago, Deerfield Beach, Florida apartments have recorded a 2.8% rent increase.
Deerfield Beach, Florida Average apartment rent trend
Deerfield Beach, Florida Average Apartment Rent
Deerfield Beach, Florida Apartment rent ranges
At 63.2%, apartments priced Over $2,000 represent the bulk of Deerfield Beach, Florida rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.05%.
Deerfield Beach, Florida Housing tenure**
Renters take up 39% of Deerfield Beach, Florida real estate, occupying a total of 14,096 units, while homeowners live in 22,123 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$45,413
Average household size of renter-occupied housing units**
2.43
Rental vacancy rate**
3.8%
Deerfield Beach, Florida Renter-occupied housing units by no. of bedrooms**
There are 7,355 rentals in Deerfield Beach, Florida with 2 beds making up the highest share of the market, at 52%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 175 units. Overall, the median number of rooms in Deerfield Beach, Florida homes for rent is 3.9.
Deerfield Beach, Florida Renter-occupied units by age of householder**
Most condos for rent in Deerfield Beach, Florida are occupied by residents in the 35 - 44 years age group (25%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Deerfield Beach, Florida Renter-occupied housing units by family type**
Deerfield Beach, Florida Renter-occupied housing units by the presence of own children**
A total of 7,614 apartments for rent in Deerfield Beach, Florida, or 54% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 4,169 units. All in all, the median size of a renter-occupied household in Deerfield Beach, Florida is 2.43.
Deerfield Beach, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Deerfield Beach, Florida.
Deerfield Beach, Florida Renter-occupied units by year structure built**
The highest share of Deerfield Beach, Florida apartment rentals, namely 32% or 4,463 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (25%, 3,529 units), and the ones Built 1990 - 1999 (15%, 2,166 units).
Deerfield Beach, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Deerfield Beach, Florida renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Deerfield Beach, Florida condos for rent is 2018.
Deerfield Beach, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Deerfield Beach, Florida renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 16% have No vehicle available.
Deerfield Beach, Florida Means of transportation to work of householders living in renter-occupied housing units**
Deerfield Beach, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
Deerfield Beach, 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 Deerfield Beach, 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
