Temple Terrace, 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 Temple Terrace, Florida rental market.

Temple Terrace, Florida

Average Apartment Rent

$1,622

Y-o-Y Change in Average
Apartment Rent

-3.5%

As of May 2026

Compared to a year ago, Temple Terrace, Florida apartments have recorded a -3.5% rent decrease.

Temple Terrace, 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
Temple Terrace $1,687 $1,686 $1,661 $1,645 $1,633 $1,666 $1,677 $1,641 $1,636
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Temple Terrace
National
Jul 2023
$1,687
$1,741
Nov 2023
$1,686
$1,732
Mar 2024
$1,661
$1,736
Jul 2024
$1,645
$1,756
Nov 2024
$1,633
$1,749
Mar 2025
$1,666
$1,755
Jul 2025
$1,677
$1,767
Nov 2025
$1,641
$1,753
Mar 2026
$1,636
$1,750

Temple Terrace, Florida Average Apartment Rent

Temple Terrace, 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 49.16%, apartments priced $1,500 - $2,000 represent the bulk of Temple Terrace, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.31%.

Temple Terrace, Florida Housing tenure**

Renter occupied housing units 5,476
Owner occupied housing units 5,418

Renters take up 50% of Temple Terrace, Florida real estate, occupying a total of 5,476 units, while homeowners live in 5,418 properties.

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

4.2

Renter median household income**

$47,066

Average household size of renter-occupied housing units**

2.25

Rental vacancy rate**

3.2%

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

No bedrooms 111
1 bed 1,333
2 beds 2,481
3 beds 1,150
4 beds 401

There are 2,481 rentals in Temple Terrace, 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 (2%), amounting to 111 units. Overall, the median number of rooms in Temple Terrace, Florida homes for rent is 4.2.

Temple Terrace, Florida Renter-occupied units by age of householder**

15 - 24 years 938
25 - 34 years 1,861
35 - 44 years 1,061
45 - 54 years 557
55 - 59 years 202
60 - 64 years 265
65 - 74 years 368
75 - 84 years 187
85 years and over 37

Most condos for rent in Temple Terrace, Florida are occupied by residents in the 25 - 34 years age group (34%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Temple Terrace, Florida Renter-occupied housing units by family type**

Family households 2,229
Non-Family Households 3,247

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

With related children of the householder under 18 1,189
No related children of the householder under 18 4,287

A total of 2,229 apartments for rent in Temple Terrace, Florida, or 41% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 1,189 units. All in all, the median size of a renter-occupied household in Temple Terrace, Florida is 2.25.

Temple Terrace, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 406
High school graduate (including equivalency) 1,131
Some college or associate's degree 1,918
Bachelor's degree or higher 2,021

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 Temple Terrace, Florida.

Temple Terrace, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 338
Built 2000 - 2009 459
Built 1990 - 1999 1,097
Built 1980 - 1989 2,015
Built 1970 - 1979 1,030
Built 1960 - 1969 219
Built 1950 - 1959 179
Built 1940 - 1949 77
Built 1939 or earlier 62

The highest share of Temple Terrace, Florida apartment rentals, namely 37% or 2,015 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (20%, 1,097 units), and the ones Built 1970 - 1979 (19%, 1,030 units).

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

Moved in 2021 or later 564
Moved in 2018 to 2020 2,854
Moved in 2010 to 2017 1,835
Moved in 2000 to 2009 159
Moved in 1990 to 1999 49

Median year renter moved into unit 2019

Most Temple Terrace, Florida renters (52%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Temple Terrace, Florida condos for rent is 2019.

Temple Terrace, Florida Renter-occupied housing units by vehicles available**

No vehicle available 252
1 vehicle available 2,805
2 vehicles available 2,035
3 vehicles available 213
4 or more vehicles available 171

When it comes to transportation options, 51% of Temple Terrace, Florida renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 5% have No vehicle available.

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

Car, truck, or van - drove alone 5,059
Car, truck, or van - carpooled 564
Public transportation (excluding taxicab) 127
Walked 60
Taxicab, motorcycle, bicycle, or other means 276
Worked at home 754

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

Same house as 1 year ago 8,034
Moved within same county 2,517
Moved from different county within same state 1,168
Moved from different state 370
Moved from abroad 240

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 Temple Terrace, 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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