Edgewood, 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 Edgewood, Florida rental market.
Edgewood, Florida
Average Apartment Rent
$1,612
Y-o-Y Change in Average
Apartment Rent
-4.3%
As of July 2024
Compared to a year ago, Edgewood, Florida apartments have recorded a -4.3% rent decrease.
Edgewood, Florida |Average apartment rent trend
Edgewood, Florida| Average apartment rent
Edgewood, Florida | Apartment rent ranges
At 39.44%, apartments priced $1,000 - $1,500 represent the bulk of Edgewood, Florida rentals, while condos priced $700 - $1000 hold the lowest share of the market – 6.15%.
Edgewood, Florida | Housing tenure**
Renters take up 20% of Edgewood, Florida real estate, occupying a total of 219 units, while homeowners live in 857 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$51,094
Average household size of renter-occupied housing units**
2.02
Edgewood, Florida | Renter-occupied housing units by no. of bedrooms**
There are 86 rentals in Edgewood, Florida with 1 bed making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 5 units. Overall, the median number of rooms in Edgewood, Florida homes for rent is 4.
Edgewood, Florida |Renter-occupied units by age of householder**
Most condos for rent in Edgewood, Florida are occupied by residents in the 25 - 34 years age group (39%), followed by those in the 45 - 54 years age group (33%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.
Edgewood, Florida | Renter-occupied housing units by family type**
Edgewood, Florida | Renter-occupied housing units by the presence of own children**
A total of 108 apartments for rent in Edgewood, Florida, or 49% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 69 units. All in all, the median size of a renter-occupied household in Edgewood, Florida is 2.02.
Edgewood, 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 Edgewood, Florida.
Edgewood, Florida | Renter-occupied units by year structure built**
The highest share of Edgewood, Florida apartment rentals, namely 61% or 133 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (12%, 27 units), and the ones Built 1980 - 1989 (10%, 21 units).
Edgewood, Florida | Renter-occupied units by year householder moved in**
Median year renter moved into unit2017
Most Edgewood, Florida renters (45%) moved in 2010 to 2017, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their Edgewood, Florida condos for rent is 2017.
Edgewood, Florida | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of Edgewood, Florida renters have 2 vehicles available per household, 40% of them have 1 vehicle available, and 9% have 4 or more vehicles available.
Edgewood, Florida | Means of transportation to work of householders living in renter-occupied housing units**
Edgewood, Florida |Geographical mobility in the past year for householders living in renter-occupied housing units**
Edgewood, 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 Edgewood, 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