Jupiter, 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 Jupiter, Florida rental market.
Jupiter, Florida
Average Apartment Rent
$2,591
Y-o-Y Change in Average
Apartment Rent
0.6%
As of July 2024
Compared to a year ago, Jupiter, Florida apartments have recorded a 0.6% rent increase.
Jupiter, Florida |Average apartment rent trend
Jupiter, Florida| Average apartment rent
Jupiter, Florida | Apartment rent ranges
At 82.73%, apartments priced Over $2,000 represent the bulk of Jupiter, Florida rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 2.25%.
Jupiter, Florida | Housing tenure**
Renters take up 23% of Jupiter, Florida real estate, occupying a total of 5,635 units, while homeowners live in 19,379 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$72,263
Average household size of renter-occupied housing units**
2.46
Rental vacancy rate**
4.5%
Jupiter, Florida | Renter-occupied housing units by no. of bedrooms**
There are 2,963 rentals in Jupiter, Florida with 2 beds making up the highest share of the market, at 53%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 45 units. Overall, the median number of rooms in Jupiter, Florida homes for rent is 4.2.
Jupiter, Florida |Renter-occupied units by age of householder**
Most condos for rent in Jupiter, Florida are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Jupiter, Florida | Renter-occupied housing units by family type**
Jupiter, Florida | Renter-occupied housing units by the presence of own children**
A total of 3,194 apartments for rent in Jupiter, Florida, or 57% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 1,587 units. All in all, the median size of a renter-occupied household in Jupiter, Florida is 2.46.
Jupiter, Florida | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Jupiter, Florida.
Jupiter, Florida | Renter-occupied units by year structure built**
The highest share of Jupiter, Florida apartment rentals, namely 30% or 1,716 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (19%, 1,085 units), and the ones Built 2010 - 2019 (19%, 1,084 units).
Jupiter, Florida | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most Jupiter, Florida renters (48%) moved in 2010 to 2017, while only 4% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Jupiter, Florida condos for rent is 2016.
Jupiter, Florida | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Jupiter, Florida renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 8% have No vehicle available.
Jupiter, Florida | Means of transportation to work of householders living in renter-occupied housing units**
Jupiter, Florida |Geographical mobility in the past year for householders living in renter-occupied housing units**
Jupiter, 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 Jupiter, 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