Conway, 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 Conway, Florida rental market.

Conway, Florida

Average Apartment Rent

$1,445

Y-o-Y Change in Average
Apartment Rent

-5.3%

As of March 2026

Compared to a year ago, Conway, Florida apartments have recorded a -5.3% rent decrease.

Conway, 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
Conway $1,587 $1,553 $1,573 $1,559 $1,515 $1,526 $1,493 $1,499 $1,445
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Conway
National
Jul 2023
$1,587
$1,735
Nov 2023
$1,553
$1,724
Mar 2024
$1,573
$1,729
Jul 2024
$1,559
$1,750
Nov 2024
$1,515
$1,743
Mar 2025
$1,526
$1,749
Jul 2025
$1,493
$1,763
Nov 2025
$1,499
$1,749
Mar 2026
$1,445
$1,750

Conway, Florida Average Apartment Rent

Conway, 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 67.22%, apartments priced $1,000 - $1,500 represent the bulk of Conway, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 2.79%.

Conway, Florida Housing tenure**

Renter occupied housing units 816
Owner occupied housing units 4,383

Renters take up 16% of Conway, Florida real estate, occupying a total of 816 units, while homeowners live in 4,383 properties.

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

5.1

Renter median household income**

$47,419

Average household size of renter-occupied housing units**

2.11

Rental vacancy rate**

3.2%

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

1 bed 88
2 beds 318
3 beds 332
4 beds 78

There are 332 rentals in Conway, Florida with 3 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (10%), amounting to 78 units. Overall, the median number of rooms in Conway, Florida homes for rent is 5.1.

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

15 - 24 years 25
25 - 34 years 105
35 - 44 years 193
45 - 54 years 246
55 - 59 years 84
60 - 64 years 15
65 - 74 years 104
75 - 84 years 36
85 years and over 8

Most condos for rent in Conway, Florida are occupied by residents in the 45 - 54 years age group (30%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 552
Non-Family Households 264

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

With related children of the householder under 18 300
No related children of the householder under 18 516

A total of 552 apartments for rent in Conway, Florida, or 68% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 300 units. All in all, the median size of a renter-occupied household in Conway, Florida is 2.11.

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

Less than high school graduate 35
High school graduate (including equivalency) 107
Some college or associate's degree 423
Bachelor's degree or higher 251

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Conway, Florida.

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

Built 2000 - 2009 57
Built 1990 - 1999 121
Built 1980 - 1989 217
Built 1970 - 1979 130
Built 1960 - 1969 144
Built 1950 - 1959 98
Built 1940 - 1949 39
Built 1939 or earlier 10

The highest share of Conway, Florida apartment rentals, namely 27% or 217 units, were Built 1980 - 1989, followed by those Built 1960 - 1969 (18%, 144 units), and the ones Built 1970 - 1979 (16%, 130 units).

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

Moved in 2021 or later 40
Moved in 2018 to 2020 160
Moved in 2010 to 2017 532
Moved in 2000 to 2009 84

Median year renter moved into unit 2015

Most Conway, Florida renters (65%) moved in 2010 to 2017, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Conway, Florida condos for rent is 2015.

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

No vehicle available 21
1 vehicle available 406
2 vehicles available 356
3 vehicles available 23
5 or more vehicles available 10

When it comes to transportation options, 50% of Conway, Florida renters have 1 vehicle available per household, 44% of them have 2 vehicles available, and 3% have 3 vehicles available.

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

Car, truck, or van - drove alone 916
Car, truck, or van - carpooled 180
Public transportation (excluding taxicab) 7
Taxicab, motorcycle, bicycle, or other means 6
Worked at home 36

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

Same house as 1 year ago 1,198
Moved within same county 447
Moved from different county within same state 26
Moved from different state 36
Moved from abroad 15

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 Conway, 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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