University, 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 University, Florida rental market.

University, Florida

Average Apartment Rent

$1,808

Y-o-Y Change in Average
Apartment Rent

-3.9%

As of May 2026

Compared to a year ago, University, Florida apartments have recorded a -3.9% rent decrease.

University, 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
University $1,856 $1,846 $1,890 $1,868 $1,870 $1,868 $1,855 $1,815 $1,810
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
University
National
Jul 2023
$1,856
$1,741
Nov 2023
$1,846
$1,732
Mar 2024
$1,890
$1,736
Jul 2024
$1,868
$1,756
Nov 2024
$1,870
$1,749
Mar 2025
$1,868
$1,755
Jul 2025
$1,855
$1,767
Nov 2025
$1,815
$1,753
Mar 2026
$1,810
$1,750

University, Florida Average Apartment Rent

University, 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 50.36%, apartments priced $1,000 - $1,500 represent the bulk of University, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 1.58%.

University, Florida Housing tenure**

Renter occupied housing units 17,578
Owner occupied housing units 2,821

Renters take up 86% of University, Florida real estate, occupying a total of 17,578 units, while homeowners live in 2,821 properties.

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

3.8

Renter median household income**

$33,360

Average household size of renter-occupied housing units**

2.29

Rental vacancy rate**

8.1%

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

No bedrooms 851
1 bed 5,870
2 beds 6,628
3 beds 2,318
4 beds 1,736
5 or more beds 175

There are 6,628 rentals in University, Florida with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 175 units. Overall, the median number of rooms in University, Florida homes for rent is 3.8.

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

15 - 24 years 4,447
25 - 34 years 4,888
35 - 44 years 2,445
45 - 54 years 2,415
55 - 59 years 773
60 - 64 years 1,042
65 - 74 years 972
75 - 84 years 247
85 years and over 349

Most condos for rent in University, Florida are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 15 - 24 years age group (25%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

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

Family households 5,861
Non-Family Households 11,717

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

With related children of the householder under 18 3,692
No related children of the householder under 18 13,886

A total of 5,861 apartments for rent in University, Florida, or 33% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 3,692 units. All in all, the median size of a renter-occupied household in University, Florida is 2.29.

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

Less than high school graduate 2,725
High school graduate (including equivalency) 4,295
Some college or associate's degree 6,846
Bachelor's degree or higher 3,712

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in University, Florida.

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

Built 2010 - 2019 1,429
Built 2000 - 2009 2,807
Built 1990 - 1999 2,884
Built 1980 - 1989 4,776
Built 1970 - 1979 3,231
Built 1960 - 1969 1,625
Built 1950 - 1959 655
Built 1940 - 1949 131

The highest share of University, Florida apartment rentals, namely 27% or 4,776 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (18%, 3,231 units), and the ones Built 1990 - 1999 (16%, 2,884 units).

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

Moved in 2021 or later 1,899
Moved in 2018 to 2020 7,677
Moved in 2010 to 2017 6,894
Moved in 2000 to 2009 878
Moved in 1990 to 1999 168

Median year renter moved into unit 2018

Most University, 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 University, Florida condos for rent is 2018.

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

No vehicle available 4,011
1 vehicle available 9,003
2 vehicles available 2,658
3 vehicles available 1,142
4 vehicles available 513
5 or more vehicles available 251

When it comes to transportation options, 51% of University, Florida renters have 1 vehicle available per household, 23% of them have No vehicle available, and 15% have 2 vehicles available.

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

Car, truck, or van - drove alone 12,799
Car, truck, or van - carpooled 3,478
Public transportation (excluding taxicab) 867
Walked 754
Taxicab, motorcycle, bicycle, or other means 674
Worked at home 1,662

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

Same house as 1 year ago 28,679
Moved within same county 6,415
Moved from different county within same state 2,656
Moved from different state 1,021
Moved from abroad 895

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 University, 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

Check out rentals available in University, Florida