Brandon, 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 Brandon, Florida rental market.

Brandon, Florida

Average Apartment Rent

$1,746

Y-o-Y Change in Average
Apartment Rent

-1.1%

As of May 2026

Compared to a year ago, Brandon, Florida apartments have recorded a -1.1% rent decrease.

Brandon, Florida Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Brandon $1,837 $1,817 $1,766 $1,756 $1,753 $1,766 $1,772 $1,739 $1,742
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Brandon
National
Jul 2023
$1,837
$1,741
Nov 2023
$1,817
$1,732
Mar 2024
$1,766
$1,736
Jul 2024
$1,756
$1,756
Nov 2024
$1,753
$1,749
Mar 2025
$1,766
$1,755
Jul 2025
$1,772
$1,767
Nov 2025
$1,739
$1,753
Mar 2026
$1,742
$1,750

Brandon, Florida Average Apartment Rent

Brandon, 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 60.14%, apartments priced $1,500 - $2,000 represent the bulk of Brandon, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.1%.

Brandon, Florida Housing tenure**

Renter occupied housing units 20,129
Owner occupied housing units 24,707

Renters take up 45% of Brandon, Florida real estate, occupying a total of 20,129 units, while homeowners live in 24,707 properties.

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

4.3

Renter median household income**

$59,147

Average household size of renter-occupied housing units**

2.32

Rental vacancy rate**

7.5%

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

No bedrooms 743
1 bed 4,448
2 beds 9,006
3 beds 4,801
4 beds 1,053

There are 9,006 rentals in Brandon, Florida with 2 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 743 units. Overall, the median number of rooms in Brandon, Florida homes for rent is 4.3.

Brandon, Florida Renter-occupied units by age of householder**

15 - 24 years 1,874
25 - 34 years 6,488
35 - 44 years 4,910
45 - 54 years 2,765
55 - 59 years 1,272
60 - 64 years 1,087
65 - 74 years 1,028
75 - 84 years 438
85 years and over 267

Most condos for rent in Brandon, Florida are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Brandon, Florida Renter-occupied housing units by family type**

Family households 10,431
Non-Family Households 9,698

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

With related children of the householder under 18 5,958
No related children of the householder under 18 14,171

A total of 10,431 apartments for rent in Brandon, Florida, or 52% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 5,958 units. All in all, the median size of a renter-occupied household in Brandon, Florida is 2.32.

Brandon, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 1,378
High school graduate (including equivalency) 4,414
Some college or associate's degree 7,101
Bachelor's degree or higher 7,236

In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Brandon, Florida.

Brandon, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 2,941
Built 2000 - 2009 5,319
Built 1990 - 1999 5,317
Built 1980 - 1989 3,732
Built 1970 - 1979 1,902
Built 1960 - 1969 567
Built 1950 - 1959 233

The highest share of Brandon, Florida apartment rentals, namely 26% or 5,319 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (26%, 5,317 units), and the ones Built 1980 - 1989 (19%, 3,732 units).

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

Moved in 2021 or later 2,606
Moved in 2018 to 2020 8,859
Moved in 2010 to 2017 7,569
Moved in 2000 to 2009 900
Moved in 1990 to 1999 120

Median year renter moved into unit 2018

Most Brandon, Florida renters (44%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Brandon, Florida condos for rent is 2018.

Brandon, Florida Renter-occupied housing units by vehicles available**

No vehicle available 1,175
1 vehicle available 11,189
2 vehicles available 6,466
3 vehicles available 1,006
4 or more vehicles available 293

When it comes to transportation options, 56% of Brandon, Florida renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 6% have No vehicle available.

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

Car, truck, or van - drove alone 20,245
Car, truck, or van - carpooled 2,084
Walked 223
Taxicab, motorcycle, bicycle, or other means 384
Worked at home 3,346

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

Same house as 1 year ago 32,685
Moved within same county 7,435
Moved from different county within same state 2,321
Moved from different state 3,019
Moved from abroad 606

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 Brandon, 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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