Myrtle Grove, 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 Myrtle Grove, Florida rental market.
Myrtle Grove, Florida
Average Apartment Rent
$1,360
Y-o-Y Change in Average
Apartment Rent
-0.3%
As of March 2026
Compared to a year ago, Myrtle Grove, Florida apartments have recorded a -0.3% rent decrease.
Myrtle Grove, Florida Average apartment rent trend
Myrtle Grove, Florida Average Apartment Rent
Myrtle Grove, Florida Apartment rent ranges
At 72.52%, apartments priced $1,000 - $1,500 represent the bulk of Myrtle Grove, Florida rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.23%.
Myrtle Grove, Florida Housing tenure**
Renters take up 44% of Myrtle Grove, Florida real estate, occupying a total of 2,792 units, while homeowners live in 3,570 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$41,717
Average household size of renter-occupied housing units**
2.18
Rental vacancy rate**
11.2%
Myrtle Grove, Florida Renter-occupied housing units by no. of bedrooms**
There are 1,304 rentals in Myrtle Grove, 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 (6%), amounting to 167 units. Overall, the median number of rooms in Myrtle Grove, Florida homes for rent is 4.1.
Myrtle Grove, Florida Renter-occupied units by age of householder**
Most condos for rent in Myrtle Grove, Florida are occupied by residents in the 25 - 34 years age group (43%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Myrtle Grove, Florida Renter-occupied housing units by family type**
Myrtle Grove, Florida Renter-occupied housing units by the presence of own children**
A total of 1,338 apartments for rent in Myrtle Grove, Florida, or 48% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 765 units. All in all, the median size of a renter-occupied household in Myrtle Grove, Florida is 2.18.
Myrtle Grove, 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 12% of the homes for rent in Myrtle Grove, Florida.
Myrtle Grove, Florida Renter-occupied units by year structure built**
The highest share of Myrtle Grove, Florida apartment rentals, namely 33% or 918 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (23%, 653 units), and the ones Built 1990 - 1999 (15%, 420 units).
Myrtle Grove, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Myrtle Grove, Florida renters (46%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Myrtle Grove, Florida condos for rent is 2019.
Myrtle Grove, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Myrtle Grove, Florida renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 18% have No vehicle available.
Myrtle Grove, Florida Means of transportation to work of householders living in renter-occupied housing units**
Myrtle Grove, 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 Myrtle Grove, 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
