Indialantic, Florida Rental Market Trends
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 Indialantic, Florida rental market.
Indialantic, Florida
Average Apartment Rent
$1,893
Y-o-Y Change in Average
Apartment Rent
-17.6%
As of July 2024
Compared to a year ago, Indialantic, Florida apartments have recorded a -17.6% rent decrease.
Indialantic, Florida |Average apartment rent trend
Indialantic, Florida| Average apartment rent
Indialantic, Florida | Apartment rent ranges
At 91.43%, apartments priced $1,500 - $2,000 represent the bulk of Indialantic, Florida rentals, while condos priced Over $2,000 hold the lowest share of the market – 8.57%.
Indialantic, Florida | Housing tenure**
Renters take up 28% of Indialantic, Florida real estate, occupying a total of 403 units, while homeowners live in 1,057 properties.
Median number of rooms of renter-occupied housing units**
3.6
Renter median household income**
$34,545
Average household size of renter-occupied housing units**
1.97
Indialantic, Florida | Renter-occupied housing units by no. of bedrooms**
There are 179 rentals in Indialantic, Florida with 1 bed making up the highest share of the market, at 44%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 26 units. Overall, the median number of rooms in Indialantic, Florida homes for rent is 3.6.
Indialantic, Florida |Renter-occupied units by age of householder**
Most condos for rent in Indialantic, Florida are occupied by residents in the 45 - 54 years age group (49%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 2%.
Indialantic, Florida | Renter-occupied housing units by family type**
Indialantic, Florida | Renter-occupied housing units by the presence of own children**
A total of 124 apartments for rent in Indialantic, Florida, or 31% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 100 units. All in all, the median size of a renter-occupied household in Indialantic, Florida is 1.97.
Indialantic, Florida | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 67% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Indialantic, Florida.
Indialantic, Florida | Renter-occupied units by year structure built**
The highest share of Indialantic, Florida apartment rentals, namely 51% or 205 units, were Built 1950 - 1959, followed by those Built 1970 - 1979 (18%, 73 units), and the ones Built 1960 - 1969 (13%, 51 units).
Indialantic, Florida | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most Indialantic, Florida renters (66%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Indialantic, Florida condos for rent is 2016.
Indialantic, Florida | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 57% of Indialantic, Florida renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 6% have 3 or more vehicles available.
Indialantic, Florida | Means of transportation to work of householders living in renter-occupied housing units**
Indialantic, Florida |Geographical mobility in the past year for householders living in renter-occupied housing units**
Indialantic, Florida | Average apartment rent by zip codes
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 Indialantic, 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
