North Redington Beach, 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 North Redington Beach, Florida rental market.
North Redington Beach, Florida
Average Apartment Rent
$2,317
Y-o-Y Change in Average
Apartment Rent
-5.5%
As of July 2024
Compared to a year ago, North Redington Beach, Florida apartments have recorded a -5.5% rent decrease.
North Redington Beach, Florida |Average apartment rent trend
North Redington Beach, Florida| Average apartment rent
North Redington Beach, Florida | Apartment rent ranges
At 74.91%, apartments priced Over $2,000 represent the bulk of North Redington Beach, Florida rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 25.09%.
North Redington Beach, Florida | Housing tenure**
Renters take up 34% of North Redington Beach, Florida real estate, occupying a total of 215 units, while homeowners live in 420 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$70,208
Average household size of renter-occupied housing units**
1.68
Rental vacancy rate**
35%
North Redington Beach, Florida | Renter-occupied housing units by no. of bedrooms**
There are 139 rentals in North Redington Beach, Florida with 2 beds making up the highest share of the market, at 65%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 4 units. Overall, the median number of rooms in North Redington Beach, Florida homes for rent is 4.1.
North Redington Beach, Florida |Renter-occupied units by age of householder**
Most condos for rent in North Redington Beach, Florida are occupied by residents in the 65 - 74 years age group (24%), followed by those in the 45 - 54 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 – 1%.
North Redington Beach, Florida | Renter-occupied housing units by family type**
North Redington Beach, Florida | Renter-occupied housing units by the presence of own children**
A total of 96 apartments for rent in North Redington Beach, Florida, or 45% of all rentals are family households. Additionally, 1% of rental homes include children under the age of 18 – that’s 3 units. All in all, the median size of a renter-occupied household in North Redington Beach, Florida is 1.68.
North Redington Beach, Florida | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in North Redington Beach, Florida.
North Redington Beach, Florida | Renter-occupied units by year structure built**
The highest share of North Redington Beach, Florida apartment rentals, namely 58% or 125 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (13%, 28 units), and the ones Built 1960 - 1969 (9%, 19 units).
North Redington Beach, Florida | Renter-occupied units by year householder moved in**
Median year renter moved into unit2017
Most North Redington Beach, Florida renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their North Redington Beach, Florida condos for rent is 2017.
North Redington Beach, Florida | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of North Redington Beach, Florida renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 10% have No vehicle available.
North Redington Beach, Florida | Means of transportation to work of householders living in renter-occupied housing units**
North Redington Beach, Florida |Geographical mobility in the past year for householders living in renter-occupied housing units**
North Redington Beach, 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 North Redington Beach, 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