Medley, 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 Medley, Florida rental market.

Medley, Florida

Average Apartment Rent

$2,326

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of March 2026

Compared to a year ago, Medley, Florida apartments have recorded a Infinity% rent increase.

Medley, 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
Medley $2,229 $2,256 $2,264 $2,222 $2,269 $2,404 $2,297 $2,308 $2,326
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Medley
National
Jul 2023
$2,229
$1,735
Nov 2023
$2,256
$1,724
Mar 2024
$2,264
$1,729
Jul 2024
$2,222
$1,750
Nov 2024
$2,269
$1,743
Mar 2025
$2,404
$1,749
Jul 2025
$2,297
$1,763
Nov 2025
$2,308
$1,749
Mar 2026
$2,326
$1,750

Medley, Florida Average Apartment Rent

Medley, 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 46.65%, apartments priced $2,000 - $2,500 represent the bulk of Medley, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 4.27%.

Medley, Florida Housing tenure**

Renter occupied housing units 149
Owner occupied housing units 294

Renters take up 34% of Medley, Florida real estate, occupying a total of 149 units, while homeowners live in 294 properties.

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

3.7

Renter median household income**

$50,139

Average household size of renter-occupied housing units**

2.64

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

No bedrooms 3
1 bed 17
2 beds 111
3 beds 6
4 beds 12

There are 111 rentals in Medley, Florida with 2 beds making up the highest share of the market, at 74%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 3 units. Overall, the median number of rooms in Medley, Florida homes for rent is 3.7.

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

25 - 34 years 16
35 - 44 years 32
45 - 54 years 3
55 - 59 years 32
60 - 64 years 35
65 - 74 years 23
85 years and over 8

Most condos for rent in Medley, Florida are occupied by residents in the 60 - 64 years age group (23%), followed by those in the 55 - 59 years age group (21%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 2%.

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

Family households 96
Non-Family Households 53

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

With related children of the householder under 18 53
No related children of the householder under 18 96

A total of 96 apartments for rent in Medley, Florida, or 64% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 53 units. All in all, the median size of a renter-occupied household in Medley, Florida is 2.64.

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

Less than high school graduate 42
High school graduate (including equivalency) 13
Some college or associate's degree 70
Bachelor's degree or higher 24

In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 28% of the homes for rent in Medley, Florida.

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

Built 1990 - 1999 15
Built 1980 - 1989 45
Built 1970 - 1979 72
Built 1960 - 1969 11
Built 1940 - 1949 6

The highest share of Medley, Florida apartment rentals, namely 48% or 72 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (30%, 45 units), and the ones Built 1990 - 1999 (10%, 15 units).

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

Moved in 2021 or later 9
Moved in 2018 to 2020 34
Moved in 2010 to 2017 73
Moved in 2000 to 2009 22
Moved in 1990 to 1999 3
Moved in 1989 or earlier 8

Median year renter moved into unit 2015

Most Medley, Florida renters (49%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Medley, Florida condos for rent is 2015.

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

No vehicle available 19
1 vehicle available 32
2 vehicles available 82
3 or more vehicles available 16

When it comes to transportation options, 55% of Medley, Florida renters have 2 vehicles available per household, 21% of them have 1 vehicle available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 196
Car, truck, or van - carpooled 17
Taxicab, motorcycle, bicycle, or other means 3
Worked at home 18

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

Same house as 1 year ago 353
Moved within same county 9
Moved from different state 13
Moved from abroad 9

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 Medley, 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 Medley, Florida