Ormond Beach, 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 Ormond Beach, Florida rental market.

Ormond Beach, Florida

Average Apartment Rent

$1,630

Y-o-Y Change in Average
Apartment Rent

-1.1%

As of May 2026

Compared to a year ago, Ormond Beach, Florida apartments have recorded a -1.1% rent decrease.

Ormond Beach, 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
Ormond Beach $1,612 $1,628 $1,692 $1,680 $1,691 $1,669 $1,669 $1,660 $1,668
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Ormond Beach
National
Jul 2023
$1,612
$1,741
Nov 2023
$1,628
$1,732
Mar 2024
$1,692
$1,736
Jul 2024
$1,680
$1,756
Nov 2024
$1,691
$1,749
Mar 2025
$1,669
$1,755
Jul 2025
$1,669
$1,767
Nov 2025
$1,660
$1,753
Mar 2026
$1,668
$1,750

Ormond Beach, Florida Average Apartment Rent

Ormond Beach, 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 52.29%, apartments priced $1,500 - $2,000 represent the bulk of Ormond Beach, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 1.86%.

Ormond Beach, Florida Housing tenure**

Renter occupied housing units 4,520
Owner occupied housing units 14,351

Renters take up 24% of Ormond Beach, Florida real estate, occupying a total of 4,520 units, while homeowners live in 14,351 properties.

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

4.2

Renter median household income**

$41,491

Average household size of renter-occupied housing units**

2.18

Rental vacancy rate**

4.8%

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

No bedrooms 80
1 bed 1,134
2 beds 2,033
3 beds 1,011
4 beds 213
5 or more beds 49

There are 2,033 rentals in Ormond Beach, Florida with 2 beds making up the highest share of the market, at 45%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 49 units. Overall, the median number of rooms in Ormond Beach, Florida homes for rent is 4.2.

Ormond Beach, Florida Renter-occupied units by age of householder**

15 - 24 years 309
25 - 34 years 889
35 - 44 years 595
45 - 54 years 696
55 - 59 years 329
60 - 64 years 411
65 - 74 years 672
75 - 84 years 361
85 years and over 258

Most condos for rent in Ormond Beach, Florida are occupied by residents in the 25 - 34 years age group (20%), followed by those in the 65 - 74 years age group (15%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 6%.

Ormond Beach, Florida Renter-occupied housing units by family type**

Family households 2,145
Non-Family Households 2,375

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

With related children of the householder under 18 1,330
No related children of the householder under 18 3,190

A total of 2,145 apartments for rent in Ormond Beach, Florida, or 47% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,330 units. All in all, the median size of a renter-occupied household in Ormond Beach, Florida is 2.18.

Ormond Beach, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 664
High school graduate (including equivalency) 1,172
Some college or associate's degree 1,513
Bachelor's degree or higher 1,171

In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Ormond Beach, Florida.

Ormond Beach, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 117
Built 2000 - 2009 372
Built 1990 - 1999 1,102
Built 1980 - 1989 1,245
Built 1970 - 1979 1,098
Built 1960 - 1969 176
Built 1950 - 1959 252
Built 1940 - 1949 64
Built 1939 or earlier 94

The highest share of Ormond Beach, Florida apartment rentals, namely 28% or 1,245 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (24%, 1,102 units), and the ones Built 1970 - 1979 (24%, 1,098 units).

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

Moved in 2021 or later 163
Moved in 2018 to 2020 1,213
Moved in 2010 to 2017 2,594
Moved in 2000 to 2009 417
Moved in 1990 to 1999 78
Moved in 1989 or earlier 55

Median year renter moved into unit 2015

Most Ormond Beach, Florida renters (57%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Ormond Beach, Florida condos for rent is 2015.

Ormond Beach, Florida Renter-occupied housing units by vehicles available**

No vehicle available 535
1 vehicle available 2,466
2 vehicles available 1,291
3 vehicles available 171
4 or more vehicles available 57

When it comes to transportation options, 55% of Ormond Beach, Florida renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 12% have No vehicle available.

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

Car, truck, or van - drove alone 3,318
Car, truck, or van - carpooled 328
Walked 100
Taxicab, motorcycle, bicycle, or other means 142
Worked at home 274

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

Same house as 1 year ago 8,203
Moved within same county 973
Moved from different county within same state 366
Moved from different state 198

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 Ormond 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

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