Pinewood, 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 Pinewood, Florida rental market.

Pinewood, Florida

Average Apartment Rent

$1,921

Y-o-Y Change in Average
Apartment Rent

-6.2%

As of March 2026

Compared to a year ago, Pinewood, Florida apartments have recorded a -6.2% rent decrease.

Pinewood, 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
Pinewood $1,903 $1,901 $1,914 $1,964 $1,982 $2,048 $2,012 $1,940 $1,921
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Pinewood
National
Jul 2023
$1,903
$1,735
Nov 2023
$1,901
$1,724
Mar 2024
$1,914
$1,729
Jul 2024
$1,964
$1,750
Nov 2024
$1,982
$1,743
Mar 2025
$2,048
$1,749
Jul 2025
$2,012
$1,763
Nov 2025
$1,940
$1,749
Mar 2026
$1,921
$1,750

Pinewood, Florida Average Apartment Rent

Pinewood, 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 52.02%, apartments priced $1,500 - $2,000 represent the bulk of Pinewood, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.9%.

Pinewood, Florida Housing tenure**

Renter occupied housing units 3,752
Owner occupied housing units 1,641

Renters take up 70% of Pinewood, Florida real estate, occupying a total of 3,752 units, while homeowners live in 1,641 properties.

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

3.8

Renter median household income**

$35,451

Average household size of renter-occupied housing units**

2.86

Rental vacancy rate**

4.4%

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

No bedrooms 288
1 bed 1,008
2 beds 1,751
3 beds 587
4 beds 118

There are 1,751 rentals in Pinewood, Florida with 2 beds making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 118 units. Overall, the median number of rooms in Pinewood, Florida homes for rent is 3.8.

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

15 - 24 years 106
25 - 34 years 338
35 - 44 years 711
45 - 54 years 1,120
55 - 59 years 147
60 - 64 years 447
65 - 74 years 672
75 - 84 years 117
85 years and over 94

Most condos for rent in Pinewood, Florida are occupied by residents in the 45 - 54 years age group (30%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

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

Family households 2,420
Non-Family Households 1,332

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

With related children of the householder under 18 1,440
No related children of the householder under 18 2,312

A total of 2,420 apartments for rent in Pinewood, Florida, or 64% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 1,440 units. All in all, the median size of a renter-occupied household in Pinewood, Florida is 2.86.

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

Less than high school graduate 1,050
High school graduate (including equivalency) 1,585
Some college or associate's degree 778
Bachelor's degree or higher 339

In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 28% of the homes for rent in Pinewood, Florida.

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

Built 2010 - 2019 229
Built 2000 - 2009 243
Built 1990 - 1999 159
Built 1980 - 1989 324
Built 1970 - 1979 454
Built 1960 - 1969 827
Built 1950 - 1959 1,132
Built 1940 - 1949 338
Built 1939 or earlier 31

The highest share of Pinewood, Florida apartment rentals, namely 30% or 1,132 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (22%, 827 units), and the ones Built 1970 - 1979 (12%, 454 units).

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

Moved in 2021 or later 175
Moved in 2018 to 2020 1,318
Moved in 2010 to 2017 1,572
Moved in 2000 to 2009 380
Moved in 1990 to 1999 125
Moved in 1989 or earlier 182

Median year renter moved into unit 2016

Most Pinewood, Florida renters (42%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Pinewood, Florida condos for rent is 2016.

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

No vehicle available 812
1 vehicle available 2,209
2 vehicles available 504
3 or more vehicles available 227

When it comes to transportation options, 59% of Pinewood, Florida renters have 1 vehicle available per household, 22% of them have No vehicle available, and 13% have 2 vehicles available.

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

Car, truck, or van - drove alone 3,470
Car, truck, or van - carpooled 275
Public transportation (excluding taxicab) 510
Walked 46
Taxicab, motorcycle, bicycle, or other means 182
Worked at home 53

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

Same house as 1 year ago 8,610
Moved within same county 1,417
Moved from different county within same state 230
Moved from abroad 150

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 Pinewood, 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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