Carrollwood, 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 Carrollwood, Florida rental market.

Carrollwood, Florida

Average Apartment Rent

$1,269

Y-o-Y Change in Average
Apartment Rent

-8.2%

As of May 2026

Compared to a year ago, Carrollwood, Florida apartments have recorded a -8.2% rent decrease.

Carrollwood, 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
Carrollwood $1,379 $1,299 $1,365 $1,409 $1,350 $1,365 $1,348 $1,287 $1,284
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Carrollwood
National
Jul 2023
$1,379
$1,741
Nov 2023
$1,299
$1,732
Mar 2024
$1,365
$1,736
Jul 2024
$1,409
$1,756
Nov 2024
$1,350
$1,749
Mar 2025
$1,365
$1,755
Jul 2025
$1,348
$1,767
Nov 2025
$1,287
$1,753
Mar 2026
$1,284
$1,750

Carrollwood, Florida Average Apartment Rent

Carrollwood, 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 46.38%, apartments priced Under $1,000 represent the bulk of Carrollwood, Florida rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 3.86%.

Carrollwood, Florida Housing tenure**

Renter occupied housing units 4,815
Owner occupied housing units 9,766

Renters take up 33% of Carrollwood, Florida real estate, occupying a total of 4,815 units, while homeowners live in 9,766 properties.

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

3.8

Renter median household income**

$56,589

Average household size of renter-occupied housing units**

2.33

Rental vacancy rate**

2.8%

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

No bedrooms 431
1 bed 1,491
2 beds 1,463
3 beds 1,111
4 beds 319

There are 1,491 rentals in Carrollwood, Florida with 1 bed making up the highest share of the market, at 31%. Units with 4 beds, on the other hand, hold the lowest percentage (7%), amounting to 319 units. Overall, the median number of rooms in Carrollwood, Florida homes for rent is 3.8.

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

15 - 24 years 179
25 - 34 years 1,717
35 - 44 years 1,102
45 - 54 years 772
55 - 59 years 318
60 - 64 years 225
65 - 74 years 369
75 - 84 years 95
85 years and over 38

Most condos for rent in Carrollwood, Florida are occupied by residents in the 25 - 34 years age group (36%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 2,241
Non-Family Households 2,574

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

With related children of the householder under 18 1,295
No related children of the householder under 18 3,520

A total of 2,241 apartments for rent in Carrollwood, Florida, or 47% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 1,295 units. All in all, the median size of a renter-occupied household in Carrollwood, Florida is 2.33.

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

Less than high school graduate 330
High school graduate (including equivalency) 955
Some college or associate's degree 1,744
Bachelor's degree or higher 1,786

In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Carrollwood, Florida.

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

Built 2010 - 2019 161
Built 2000 - 2009 174
Built 1990 - 1999 1,153
Built 1980 - 1989 2,186
Built 1970 - 1979 607
Built 1960 - 1969 492

The highest share of Carrollwood, Florida apartment rentals, namely 45% or 2,186 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (24%, 1,153 units), and the ones Built 1970 - 1979 (13%, 607 units).

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

Moved in 2021 or later 316
Moved in 2018 to 2020 1,850
Moved in 2010 to 2017 2,318
Moved in 2000 to 2009 212
Moved in 1990 to 1999 119

Median year renter moved into unit 2017

Most Carrollwood, Florida renters (48%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Carrollwood, Florida condos for rent is 2017.

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

No vehicle available 303
1 vehicle available 2,510
2 vehicles available 1,531
3 vehicles available 323
4 or more vehicles available 148

When it comes to transportation options, 52% of Carrollwood, Florida renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 7% have 3 vehicles available.

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

Car, truck, or van - drove alone 4,800
Car, truck, or van - carpooled 353
Public transportation (excluding taxicab) 112
Walked 90
Taxicab, motorcycle, bicycle, or other means 90
Worked at home 990

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

Same house as 1 year ago 7,955
Moved within same county 2,271
Moved from different county within same state 567
Moved from different state 113

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 Carrollwood, 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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