Doral, 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 Doral, Florida rental market.
Doral, Florida
Average Apartment Rent
$2,627
Y-o-Y Change in Average
Apartment Rent
-1.4%
As of November 2024
Compared to a year ago, Doral, Florida apartments have recorded a -1.4% rent decrease.
Doral, Florida Average apartment rent trend
Doral, Florida Average Apartment Rent
Doral, Florida Apartment rent ranges
At 88.3%, apartments priced Over $2,000 represent the bulk of Doral, Florida rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 3.26%.
Doral, Florida Housing tenure**
Renters take up 56% of Doral, Florida real estate, occupying a total of 13,525 units, while homeowners live in 10,722 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$69,815
Average household size of renter-occupied housing units**
3.09
Rental vacancy rate**
6.4%
Doral, Florida Renter-occupied housing units by no. of bedrooms**
There are 4,843 rentals in Doral, Florida with 2 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 176 units. Overall, the median number of rooms in Doral, Florida homes for rent is 4.
Doral, Florida Renter-occupied units by age of householder**
Most condos for rent in Doral, Florida are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 45 - 54 years age group (27%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Doral, Florida Renter-occupied housing units by family type**
Doral, Florida Renter-occupied housing units by the presence of own children**
A total of 10,402 apartments for rent in Doral, Florida, or 77% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 6,101 units. All in all, the median size of a renter-occupied household in Doral, Florida is 3.09.
Doral, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 56% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Doral, Florida.
Doral, Florida Renter-occupied units by year structure built**
The highest share of Doral, Florida apartment rentals, namely 40% or 5,454 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (21%, 2,884 units), and the ones Built 1990 - 1999 (18%, 2,449 units).
Doral, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Doral, Florida renters (48%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Doral, Florida condos for rent is 2019.
Doral, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Doral, Florida renters have 2 vehicles available per household, 40% of them have 1 vehicle available, and 10% have 3 vehicles available.
Doral, Florida Means of transportation to work of householders living in renter-occupied housing units**
Doral, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
Doral, 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 Doral, 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
