Eustis, 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 Eustis, Florida rental market.
Eustis, Florida
Average Apartment Rent
$1,172
Y-o-Y Change in Average
Apartment Rent
3.4%
As of July 2024
Compared to a year ago, Eustis, Florida apartments have recorded a 3.4% rent increase.
Eustis, Florida |Average apartment rent trend
Eustis, Florida| Average apartment rent
Eustis, Florida | Apartment rent ranges
At 89.81%, apartments priced $1,000 - $1,500 represent the bulk of Eustis, Florida rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 2.47%.
Eustis, Florida | Housing tenure**
Renters take up 31% of Eustis, Florida real estate, occupying a total of 2,789 units, while homeowners live in 6,244 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$30,272
Average household size of renter-occupied housing units**
2.34
Rental vacancy rate**
2.8%
Eustis, Florida | Renter-occupied housing units by no. of bedrooms**
There are 893 rentals in Eustis, Florida with 1 bed making up the highest share of the market, at 32%. Units with 4 beds, on the other hand, hold the lowest percentage (9%), amounting to 257 units. Overall, the median number of rooms in Eustis, Florida homes for rent is 4.1.
Eustis, Florida |Renter-occupied units by age of householder**
Most condos for rent in Eustis, Florida are occupied by residents in the 35 - 44 years age group (23%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Eustis, Florida | Renter-occupied housing units by family type**
Eustis, Florida | Renter-occupied housing units by the presence of own children**
A total of 1,482 apartments for rent in Eustis, Florida, or 53% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 936 units. All in all, the median size of a renter-occupied household in Eustis, Florida is 2.34.
Eustis, Florida | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Eustis, Florida.
Eustis, Florida | Renter-occupied units by year structure built**
The highest share of Eustis, Florida apartment rentals, namely 40% or 1,127 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (14%, 384 units), and the ones Built 1970 - 1979 (12%, 342 units).
Eustis, Florida | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most Eustis, Florida renters (59%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Eustis, Florida condos for rent is 2015.
Eustis, Florida | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 61% of Eustis, Florida renters have 1 vehicle available per household, 18% of them have 2 vehicles available, and 15% have No vehicle available.
Eustis, Florida | Means of transportation to work of householders living in renter-occupied housing units**
Eustis, Florida |Geographical mobility in the past year for householders living in renter-occupied housing units**
Eustis, 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 Eustis, 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
