Pace, 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 Pace, Florida rental market.

Pace, Florida

Average Apartment Rent

$1,930

Y-o-Y Change in Average
Apartment Rent

4.4%

As of March 2026

Compared to a year ago, Pace, Florida apartments have recorded a 4.4% rent increase.

Pace, Florida Average apartment rent trend

Median Rent Jul 2024 Nov 2024 Nov 2025 Mar 2026
Pace $1,820 $1,841 $1,890 $1,930
National $1,735 $1,724 $1,729 $1,750
Pace
National
Jul 2024
$1,820
$1,735
Nov 2024
$1,841
$1,724
Nov 2025
$1,890
$1,729
Mar 2026
$1,930
$1,750

Pace, Florida Average Apartment Rent

Pace, 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 44.29%, apartments priced $2,000 - $2,500 represent the bulk of Pace, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 6.29%.

Pace, Florida Housing tenure**

Renter occupied housing units 1,468
Owner occupied housing units 7,539

Renters take up 16% of Pace, Florida real estate, occupying a total of 1,468 units, while homeowners live in 7,539 properties.

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

5.1

Renter median household income**

$46,048

Average household size of renter-occupied housing units**

2.79

Rental vacancy rate**

3%

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

No bedrooms 57
1 bed 57
2 beds 488
3 beds 531
4 beds 327
5 or more beds 8

There are 531 rentals in Pace, Florida with 3 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 8 units. Overall, the median number of rooms in Pace, Florida homes for rent is 5.1.

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

15 - 24 years 133
25 - 34 years 279
35 - 44 years 383
45 - 54 years 146
55 - 59 years 87
60 - 64 years 114
65 - 74 years 222
75 - 84 years 104

Most condos for rent in Pace, Florida are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 6%.

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

Family households 1,025
Non-Family Households 443

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

With related children of the householder under 18 664
No related children of the householder under 18 804

A total of 1,025 apartments for rent in Pace, Florida, or 70% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 664 units. All in all, the median size of a renter-occupied household in Pace, Florida is 2.79.

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

Less than high school graduate 199
High school graduate (including equivalency) 598
Some college or associate's degree 392
Bachelor's degree or higher 279

In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 14% of the homes for rent in Pace, Florida.

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

Built 2010 - 2019 259
Built 2000 - 2009 269
Built 1990 - 1999 151
Built 1980 - 1989 228
Built 1970 - 1979 362
Built 1960 - 1969 64
Built 1950 - 1959 112
Built 1940 - 1949 23

The highest share of Pace, Florida apartment rentals, namely 25% or 362 units, were Built 1970 - 1979, followed by those Built 2000 - 2009 (18%, 269 units), and the ones Built 2010 - 2019 (18%, 259 units).

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

Moved in 2021 or later 149
Moved in 2018 to 2020 569
Moved in 2010 to 2017 557
Moved in 2000 to 2009 152
Moved in 1990 to 1999 41

Median year renter moved into unit 2018

Most Pace, Florida renters (39%) moved in 2018 to 2020, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Pace, Florida condos for rent is 2018.

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

No vehicle available 92
1 vehicle available 502
2 vehicles available 652
3 vehicles available 98
4 vehicles available 106
5 or more vehicles available 18

When it comes to transportation options, 44% of Pace, Florida renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 7% have 4 vehicles available.

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

Car, truck, or van - drove alone 1,284
Car, truck, or van - carpooled 228
Walked 49
Taxicab, motorcycle, bicycle, or other means 30
Worked at home 206

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

Same house as 1 year ago 3,054
Moved within same county 438
Moved from different county within same state 116
Moved from different state 439

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 Pace, 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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