Lower Grand Lagoon, 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 Lower Grand Lagoon, Florida rental market.

Lower Grand Lagoon, Florida

Average Apartment Rent

$1,688

Y-o-Y Change in Average
Apartment Rent

-0.6%

As of May 2026

Compared to a year ago, Lower Grand Lagoon, Florida apartments have recorded a -0.6% rent decrease.

Lower Grand Lagoon, 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
Lower Grand Lagoon $1,796 $1,723 $1,679 $1,761 $1,712 $1,684 $1,711 $1,718 $1,671
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Lower Grand Lagoon
National
Jul 2023
$1,796
$1,741
Nov 2023
$1,723
$1,732
Mar 2024
$1,679
$1,736
Jul 2024
$1,761
$1,756
Nov 2024
$1,712
$1,749
Mar 2025
$1,684
$1,755
Jul 2025
$1,711
$1,767
Nov 2025
$1,718
$1,753
Mar 2026
$1,671
$1,750

Lower Grand Lagoon, Florida Average Apartment Rent

Lower Grand Lagoon, 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 60.26%, apartments priced $1,500 - $2,000 represent the bulk of Lower Grand Lagoon, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.18%.

Lower Grand Lagoon, Florida Housing tenure**

Renter occupied housing units 812
Owner occupied housing units 1,678

Renters take up 33% of Lower Grand Lagoon, Florida real estate, occupying a total of 812 units, while homeowners live in 1,678 properties.

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

4

Renter median household income**

$53,804

Average household size of renter-occupied housing units**

1.97

Rental vacancy rate**

34.7%

Lower Grand Lagoon, Florida Renter-occupied housing units by no. of bedrooms**

1 bed 131
2 beds 597
3 beds 72
4 beds 12

There are 597 rentals in Lower Grand Lagoon, Florida with 2 beds making up the highest share of the market, at 74%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 12 units. Overall, the median number of rooms in Lower Grand Lagoon, Florida homes for rent is 4.

Lower Grand Lagoon, Florida Renter-occupied units by age of householder**

15 - 24 years 23
25 - 34 years 96
35 - 44 years 149
45 - 54 years 257
55 - 59 years 99
60 - 64 years 87
65 - 74 years 34
75 - 84 years 67

Most condos for rent in Lower Grand Lagoon, Florida are occupied by residents in the 45 - 54 years age group (32%), followed by those in the 35 - 44 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%.

Lower Grand Lagoon, Florida Renter-occupied housing units by family type**

Family households 410
Non-Family Households 402

Lower Grand Lagoon, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 135
No related children of the householder under 18 677

A total of 410 apartments for rent in Lower Grand Lagoon, Florida, or 50% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 135 units. All in all, the median size of a renter-occupied household in Lower Grand Lagoon, Florida is 1.97.

Lower Grand Lagoon, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 110
High school graduate (including equivalency) 241
Some college or associate's degree 327
Bachelor's degree or higher 134

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 14% of the homes for rent in Lower Grand Lagoon, Florida.

Lower Grand Lagoon, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 52
Built 2000 - 2009 118
Built 1990 - 1999 25
Built 1980 - 1989 299
Built 1970 - 1979 186
Built 1960 - 1969 123
Built 1950 - 1959 9

The highest share of Lower Grand Lagoon, Florida apartment rentals, namely 37% or 299 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (23%, 186 units), and the ones Built 1960 - 1969 (15%, 123 units).

Lower Grand Lagoon, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 57
Moved in 2018 to 2020 248
Moved in 2010 to 2017 429
Moved in 2000 to 2009 69
Moved in 1990 to 1999 9

Median year renter moved into unit 2016

Most Lower Grand Lagoon, Florida renters (53%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Lower Grand Lagoon, Florida condos for rent is 2016.

Lower Grand Lagoon, Florida Renter-occupied housing units by vehicles available**

No vehicle available 64
1 vehicle available 468
2 vehicles available 258
3 vehicles available 17
4 or more vehicles available 5

When it comes to transportation options, 58% of Lower Grand Lagoon, Florida renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 8% have No vehicle available.

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

Car, truck, or van - drove alone 761
Car, truck, or van - carpooled 130
Public transportation (excluding taxicab) 26
Worked at home 54

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

Same house as 1 year ago 1,235
Moved within same county 246
Moved from different county within same state 60
Moved from different state 42

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 Lower Grand Lagoon, 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

Check out rentals available in Lower Grand Lagoon, Florida