Hallandale Beach, Florida Rental Market Trends

Disclaimer:

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 Hallandale Beach, Florida rental market.

Hallandale Beach, Florida

Average Apartment Rent

$3,332

Y-o-Y Change in Average
Apartment Rent

-4.4%

As of June 2025

Compared to a year ago, Hallandale Beach, Florida apartments have recorded a -4.4% rent decrease.

Hallandale Beach, Florida Average apartment rent trend

Median Rent Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025
Hallandale Beach $3,355 $3,455 $3,422 $3,307 $3,334 $3,416 $3,274 $3,279
National $1,703 $1,703 $1,722 $1,710 $1,716 $1,736 $1,729 $1,736
Hallandale Beach
National
Nov 2022
$3,355
$1,703
Mar 2023
$3,455
$1,703
Jul 2023
$3,422
$1,722
Nov 2023
$3,307
$1,710
Mar 2024
$3,334
$1,716
Jul 2024
$3,416
$1,736
Nov 2024
$3,274
$1,729
Mar 2025
$3,279
$1,736

Hallandale Beach, Florida Average Apartment Rent

Hallandale Beach, Florida Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 34.35%, apartments priced $2,000 - $2,500 represent the bulk of Hallandale Beach, Florida rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 0.11%.

Hallandale Beach, Florida Housing tenure**

Renter occupied housing units 9,182
Owner occupied housing units 10,399

Renters take up 47% of Hallandale Beach, Florida real estate, occupying a total of 9,182 units, while homeowners live in 10,399 properties.

Median number of rooms of renter-occupied housing units**

3.4

Renter median household income**

$39,585

Average household size of renter-occupied housing units**

2.29

Rental vacancy rate**

5.1%

Hallandale Beach, Florida Renter-occupied housing units by no. of bedrooms**

No bedrooms 753
1 bed 3,763
2 beds 3,939
3 beds 646
4 beds 81

There are 3,939 rentals in Hallandale Beach, Florida with 2 beds making up the highest share of the market, at 43%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 81 units. Overall, the median number of rooms in Hallandale Beach, Florida homes for rent is 3.4.

Hallandale Beach, Florida Renter-occupied units by age of householder**

15 - 24 years 285
25 - 34 years 2,327
35 - 44 years 1,917
45 - 54 years 1,545
55 - 59 years 1,017
60 - 64 years 619
65 - 74 years 934
75 - 84 years 383
85 years and over 155

Most condos for rent in Hallandale Beach, Florida are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

Hallandale Beach, Florida Renter-occupied housing units by family type**

Family households 5,213
Non-Family Households 3,969

Hallandale Beach, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,855
No related children of the householder under 18 6,327

A total of 5,213 apartments for rent in Hallandale Beach, Florida, or 57% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 2,855 units. All in all, the median size of a renter-occupied household in Hallandale Beach, Florida is 2.29.

Hallandale Beach, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 855
High school graduate (including equivalency) 2,604
Some college or associate's degree 2,627
Bachelor's degree or higher 3,096

In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Hallandale Beach, Florida.

Hallandale Beach, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 286
Built 2000 - 2009 1,359
Built 1990 - 1999 706
Built 1980 - 1989 1,066
Built 1970 - 1979 2,829
Built 1960 - 1969 1,724
Built 1950 - 1959 1,085
Built 1940 - 1949 111

The highest share of Hallandale Beach, Florida apartment rentals, namely 31% or 2,829 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (19%, 1,724 units), and the ones Built 2000 - 2009 (15%, 1,359 units).

Hallandale Beach, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 738
Moved in 2018 to 2020 3,557
Moved in 2010 to 2017 3,974
Moved in 2000 to 2009 612
Moved in 1990 to 1999 215
Moved in 1989 or earlier 86

Median year renter moved into unit 2017

Most Hallandale Beach, Florida renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Hallandale Beach, Florida condos for rent is 2017.

Hallandale Beach, Florida Renter-occupied housing units by vehicles available**

No vehicle available 1,289
1 vehicle available 4,953
2 vehicles available 2,454
3 or more vehicles available 486

When it comes to transportation options, 54% of Hallandale Beach, Florida renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 14% have No vehicle available.

Hallandale Beach, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 7,388
Car, truck, or van - carpooled 791
Public transportation (excluding taxicab) 407
Walked 219
Taxicab, motorcycle, bicycle, or other means 393
Worked at home 948

Hallandale Beach, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 16,571
Moved within same county 1,982
Moved from different county within same state 738
Moved from different state 814
Moved from abroad 439

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 Hallandale 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

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