Palm Valley, 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 Palm Valley, Florida rental market.
Palm Valley, Florida
Average Apartment Rent
$1,742
Y-o-Y Change in Average
Apartment Rent
-0.6%
As of May 2026
Compared to a year ago, Palm Valley, Florida apartments have recorded a -0.6% rent decrease.
Palm Valley, Florida Average apartment rent trend
Palm Valley, Florida Average Apartment Rent
Palm Valley, Florida Apartment rent ranges
At 76.57%, apartments priced $1,500 - $2,000 represent the bulk of Palm Valley, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 3.09%.
Palm Valley, Florida Housing tenure**
Renters take up 19% of Palm Valley, Florida real estate, occupying a total of 1,608 units, while homeowners live in 6,779 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$64,688
Average household size of renter-occupied housing units**
2
Rental vacancy rate**
9.4%
Palm Valley, Florida Renter-occupied housing units by no. of bedrooms**
There are 789 rentals in Palm Valley, Florida with 2 beds making up the highest share of the market, at 49%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 14 units. Overall, the median number of rooms in Palm Valley, Florida homes for rent is 4.2.
Palm Valley, Florida Renter-occupied units by age of householder**
Most condos for rent in Palm Valley, Florida are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 45 - 54 years age group (13%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 3%.
Palm Valley, Florida Renter-occupied housing units by family type**
Palm Valley, Florida Renter-occupied housing units by the presence of own children**
A total of 551 apartments for rent in Palm Valley, Florida, or 34% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 279 units. All in all, the median size of a renter-occupied household in Palm Valley, Florida is 2.
Palm Valley, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 53% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Palm Valley, Florida.
Palm Valley, Florida Renter-occupied units by year structure built**
The highest share of Palm Valley, Florida apartment rentals, namely 53% or 854 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (24%, 383 units), and the ones Built 1970 - 1979 (10%, 159 units).
Palm Valley, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Palm Valley, Florida renters (48%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Palm Valley, Florida condos for rent is 2019.
Palm Valley, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Palm Valley, Florida renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 6% have No vehicle available.
Palm Valley, Florida Means of transportation to work of householders living in renter-occupied housing units**
Palm Valley, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Palm Valley, 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
