Kissimmee City, 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 Kissimmee City, Florida rental market.

Highlights

An apartment for rent in Kissimmee City, Florida typically goes for $1,785 per month, while a single-family home for rent in Kissimmee City, Florida has a monthly cost of around $2,320. Renter-occupied units make up 53% of the local housing market, while the rental vacancy rate in Kissimmee City, Florida is at 6.8.

Kissimmee City, Florida

Average Apartment Rent

$1,785

Y-o-Y Change in Average
Apartment Rent

-2.2%

Average Single-Family Rent

$2,320

As of November 2024

Compared to a year ago, Kissimmee City, Florida apartments have recorded a -2.2% rent decrease.

Kissimmee City, Florida Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Kissimmee $1,569 $1,676 $1,819 $1,873 $1,864 $1,874 $1,825 $1,802 $1,804 $1,785
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Kissimmee
National
Nov 2021
$1,569
$1,596
Mar 2022
$1,676
$1,635
Jul 2022
$1,819
$1,708
Nov 2022
$1,873
$1,726
Mar 2023
$1,864
$1,714
Jul 2023
$1,874
$1,739
Nov 2023
$1,825
$1,733
Mar 2024
$1,802
$1,727
Jul 2024
$1,804
$1,752
Nov 2024
$1,785
$1,748

Kissimmee City, Florida Average Apartment Rent

Kissimmee City, Florida Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 50.47%, apartments priced $1,500 - $2,000 represent the bulk of Kissimmee City, Florida rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.81%.

Kissimmee City, Florida Housing tenure**

Renter occupied housing units 12,883
Owner occupied housing units 11,408

Renters take up 53% of Kissimmee City, Florida real estate, occupying a total of 12,883 units, while homeowners live in 11,408 properties.

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

4

Renter median household income**

$35,879

Average household size of renter-occupied housing units**

3.25

Rental vacancy rate**

6.8%

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

No bedrooms 499
1 bed 2,827
2 beds 5,237
3 beds 3,216
4 beds 1,047

There are 5,237 rentals in Kissimmee City, Florida with 2 beds making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 499 units. Overall, the median number of rooms in Kissimmee City, Florida homes for rent is 4.

Kissimmee City, Florida Renter-occupied units by age of householder**

15 - 24 years 621
25 - 34 years 3,684
35 - 44 years 4,004
45 - 54 years 2,058
55 - 59 years 470
60 - 64 years 714
65 - 74 years 956
75 - 84 years 342

Most condos for rent in Kissimmee City, Florida are occupied by residents in the 35 - 44 years age group (31%), followed by those in the 25 - 34 years age group (29%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.

Kissimmee City, Florida Renter-occupied housing units by family type**

Family households 8,488
Non-Family Households 4,395

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

With related children of the householder under 18 5,783
No related children of the householder under 18 7,100

A total of 8,488 apartments for rent in Kissimmee City, Florida, or 66% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 5,783 units. All in all, the median size of a renter-occupied household in Kissimmee City, Florida is 3.25.

Kissimmee City, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 1,624
High school graduate (including equivalency) 4,111
Some college or associate's degree 4,066
Bachelor's degree or higher 3,082

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Kissimmee City, Florida.

Kissimmee City, Florida Renter-occupied units by year structure built**

Built 2020 or later 80
Built 2010 - 2019 1,262
Built 2000 - 2009 2,360
Built 1990 - 1999 3,033
Built 1980 - 1989 3,218
Built 1970 - 1979 1,569
Built 1960 - 1969 856
Built 1950 - 1959 105
Built 1940 - 1949 218
Built 1939 or earlier 182

The highest share of Kissimmee City, Florida apartment rentals, namely 25% or 3,218 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (24%, 3,033 units), and the ones Built 2000 - 2009 (18%, 2,360 units).

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

Moved in 2021 or later 1,337
Moved in 2018 to 2020 5,766
Moved in 2010 to 2017 4,966
Moved in 2000 to 2009 639
Moved in 1989 or earlier 112

Median year renter moved into unit 2018

Most Kissimmee City, Florida renters (45%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Kissimmee City, Florida condos for rent is 2018.

Kissimmee City, Florida Renter-occupied housing units by vehicles available**

No vehicle available 1,302
1 vehicle available 6,389
2 vehicles available 3,974
3 vehicles available 1,112
4 or more vehicles available 106

When it comes to transportation options, 50% of Kissimmee City, Florida renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 10% have No vehicle available.

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

Car, truck, or van - drove alone 13,004
Car, truck, or van - carpooled 3,142
Public transportation (excluding taxicab) 910
Walked 105
Taxicab, motorcycle, bicycle, or other means 443
Worked at home 600

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

Same house as 1 year ago 30,526
Moved within same county 4,850
Moved from different county within same state 2,691
Moved from different state 1,680
Moved from abroad 1,353

Kissimmee City, 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 Kissimmee City, 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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