Leesburg, 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 Leesburg, Florida rental market.

Leesburg, Florida

Average Apartment Rent

$1,415

Y-o-Y Change in Average
Apartment Rent

5%

As of May 2026

Compared to a year ago, Leesburg, Florida apartments have recorded a 5% rent increase.

Leesburg, 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
Leesburg $1,294 $1,189 $1,214 $1,239 $1,230 $1,239 $1,356 $1,329 $1,320
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Leesburg
National
Jul 2023
$1,294
$1,741
Nov 2023
$1,189
$1,732
Mar 2024
$1,214
$1,736
Jul 2024
$1,239
$1,756
Nov 2024
$1,230
$1,749
Mar 2025
$1,239
$1,755
Jul 2025
$1,356
$1,767
Nov 2025
$1,329
$1,753
Mar 2026
$1,320
$1,750

Leesburg, Florida Average Apartment Rent

Leesburg, 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 51.3%, apartments priced $1,000 - $1,500 represent the bulk of Leesburg, Florida rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 8.03%.

Leesburg, Florida Housing tenure**

Renter occupied housing units 5,035
Owner occupied housing units 6,316

Renters take up 44% of Leesburg, Florida real estate, occupying a total of 5,035 units, while homeowners live in 6,316 properties.

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

4

Renter median household income**

$33,646

Average household size of renter-occupied housing units**

2.42

Rental vacancy rate**

11.1%

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

No bedrooms 126
1 bed 1,025
2 beds 2,406
3 beds 1,040
4 beds 365
5 or more beds 73

There are 2,406 rentals in Leesburg, Florida with 2 beds making up the highest share of the market, at 48%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 73 units. Overall, the median number of rooms in Leesburg, Florida homes for rent is 4.

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

15 - 24 years 257
25 - 34 years 1,320
35 - 44 years 1,142
45 - 54 years 903
55 - 59 years 242
60 - 64 years 293
65 - 74 years 449
75 - 84 years 139
85 years and over 290

Most condos for rent in Leesburg, Florida are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.

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

Family households 2,996
Non-Family Households 2,039

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

With related children of the householder under 18 1,667
No related children of the householder under 18 3,368

A total of 2,996 apartments for rent in Leesburg, Florida, or 60% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 1,667 units. All in all, the median size of a renter-occupied household in Leesburg, Florida is 2.42.

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

Less than high school graduate 614
High school graduate (including equivalency) 1,892
Some college or associate's degree 1,682
Bachelor's degree or higher 847

In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Leesburg, Florida.

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

Built 2010 - 2019 126
Built 2000 - 2009 1,173
Built 1990 - 1999 639
Built 1980 - 1989 832
Built 1970 - 1979 811
Built 1960 - 1969 630
Built 1950 - 1959 333
Built 1940 - 1949 62
Built 1939 or earlier 429

The highest share of Leesburg, Florida apartment rentals, namely 23% or 1,173 units, were Built 2000 - 2009, followed by those Built 1980 - 1989 (17%, 832 units), and the ones Built 1970 - 1979 (16%, 811 units).

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

Moved in 2021 or later 375
Moved in 2018 to 2020 1,674
Moved in 2010 to 2017 2,394
Moved in 2000 to 2009 530
Moved in 1990 to 1999 53

Median year renter moved into unit 2016

Most Leesburg, Florida renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Leesburg, Florida condos for rent is 2016.

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

No vehicle available 936
1 vehicle available 2,788
2 vehicles available 894
3 vehicles available 377
4 or more vehicles available 40

When it comes to transportation options, 55% of Leesburg, Florida renters have 1 vehicle available per household, 19% of them have No vehicle available, and 18% have 2 vehicles available.

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

Car, truck, or van - drove alone 3,326
Car, truck, or van - carpooled 733
Walked 179
Taxicab, motorcycle, bicycle, or other means 538
Worked at home 156

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

Same house as 1 year ago 8,527
Moved within same county 2,031
Moved from different county within same state 1,046
Moved from different state 309
Moved from abroad 155

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 Leesburg, 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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