Kissimmee, 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 Kissimmee, Florida rental market.
Highlights
An apartment for rent in Kissimmee, Florida typically goes for $1,803 per month, while a single-family home for rent in Kissimmee, Florida has a monthly cost of around $2,066. Renter-occupied units make up 53% of the local housing market, while the rental vacancy rate in Kissimmee, Florida is at 6.8.
Kissimmee, Florida
Average Apartment Rent
$1,803
Y-o-Y Change in Average
Apartment Rent
-3%
Average Single-Family Rent
$2,066
As of July 2024
Compared to a year ago, Kissimmee, Florida apartments have recorded a -3% rent decrease.
Kissimmee, Florida Average apartment rent trend
Kissimmee, Florida Average Apartment Rent
Kissimmee, Florida Apartment rent ranges
At 51.1%, apartments priced $1,500 - $2,000 represent the bulk of Kissimmee, Florida rentals, while condos priced $700 - $1000 hold the lowest share of the market – 3.53%.
Kissimmee, Florida Housing tenure**
Renters take up 53% of Kissimmee, 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, Florida Renter-occupied housing units by no. of bedrooms**
There are 5,237 rentals in Kissimmee, 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, Florida homes for rent is 4.
Kissimmee, Florida Renter-occupied units by age of householder**
Most condos for rent in Kissimmee, 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, Florida Renter-occupied housing units by family type**
Kissimmee, Florida Renter-occupied housing units by the presence of own children**
A total of 8,488 apartments for rent in Kissimmee, 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, Florida is 3.25.
Kissimmee, Florida Renter-occupied housing units by educational attainment**
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, Florida.
Kissimmee, Florida Renter-occupied units by year structure built**
The highest share of Kissimmee, 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, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Kissimmee, 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, Florida condos for rent is 2018.
Kissimmee, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Kissimmee, Florida renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 10% have No vehicle available.
Kissimmee, Florida Means of transportation to work of householders living in renter-occupied housing units**
Kissimmee, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
Kissimmee, 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, 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
