Pembroke Pines, 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 Pembroke Pines, Florida rental market.

Pembroke Pines, Florida

Average Apartment Rent

$2,427

Y-o-Y Change in Average
Apartment Rent

-0.9%

As of May 2026

Compared to a year ago, Pembroke Pines, Florida apartments have recorded a -0.9% rent decrease.

Pembroke Pines, 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
Pembroke Pines $2,536 $2,474 $2,471 $2,462 $2,458 $2,458 $2,413 $2,388 $2,417
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Pembroke Pines
National
Jul 2023
$2,536
$1,741
Nov 2023
$2,474
$1,732
Mar 2024
$2,471
$1,736
Jul 2024
$2,462
$1,756
Nov 2024
$2,458
$1,749
Mar 2025
$2,458
$1,755
Jul 2025
$2,413
$1,767
Nov 2025
$2,388
$1,753
Mar 2026
$2,417
$1,750

Pembroke Pines, Florida Average Apartment Rent

Pembroke Pines, 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 40.46%, apartments priced $2,000 - $2,500 represent the bulk of Pembroke Pines, Florida rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 2.4%.

Pembroke Pines, Florida Housing tenure**

Renter occupied housing units 18,231
Owner occupied housing units 44,576

Renters take up 29% of Pembroke Pines, Florida real estate, occupying a total of 18,231 units, while homeowners live in 44,576 properties.

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

4.1

Renter median household income**

$58,027

Average household size of renter-occupied housing units**

2.61

Rental vacancy rate**

5.3%

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

No bedrooms 758
1 bed 4,452
2 beds 8,521
3 beds 3,795
4 beds 594
5 or more beds 111

There are 8,521 rentals in Pembroke Pines, Florida with 2 beds making up the highest share of the market, at 47%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 111 units. Overall, the median number of rooms in Pembroke Pines, Florida homes for rent is 4.1.

Pembroke Pines, Florida Renter-occupied units by age of householder**

15 - 24 years 625
25 - 34 years 3,166
35 - 44 years 4,781
45 - 54 years 3,475
55 - 59 years 1,459
60 - 64 years 1,026
65 - 74 years 1,867
75 - 84 years 1,352
85 years and over 480

Most condos for rent in Pembroke Pines, Florida are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 45 - 54 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

Pembroke Pines, Florida Renter-occupied housing units by family type**

Family households 11,304
Non-Family Households 6,927

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

With related children of the householder under 18 5,947
No related children of the householder under 18 12,284

A total of 11,304 apartments for rent in Pembroke Pines, Florida, or 62% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 5,947 units. All in all, the median size of a renter-occupied household in Pembroke Pines, Florida is 2.61.

Pembroke Pines, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 960
High school graduate (including equivalency) 6,051
Some college or associate's degree 5,796
Bachelor's degree or higher 5,424

In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Pembroke Pines, Florida.

Pembroke Pines, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 2,549
Built 2000 - 2009 2,993
Built 1990 - 1999 5,008
Built 1980 - 1989 4,582
Built 1970 - 1979 2,053
Built 1960 - 1969 701
Built 1950 - 1959 164
Built 1940 - 1949 129

The highest share of Pembroke Pines, Florida apartment rentals, namely 27% or 5,008 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (25%, 4,582 units), and the ones Built 2000 - 2009 (16%, 2,993 units).

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

Moved in 2021 or later 1,235
Moved in 2018 to 2020 6,626
Moved in 2010 to 2017 9,427
Moved in 2000 to 2009 665
Moved in 1990 to 1999 241

Median year renter moved into unit 2017

Most Pembroke Pines, Florida renters (52%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Pembroke Pines, Florida condos for rent is 2017.

Pembroke Pines, Florida Renter-occupied housing units by vehicles available**

No vehicle available 1,750
1 vehicle available 7,507
2 vehicles available 6,796
3 vehicles available 1,547
4 or more vehicles available 631

When it comes to transportation options, 41% of Pembroke Pines, Florida renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 10% have No vehicle available.

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

Car, truck, or van - drove alone 19,710
Car, truck, or van - carpooled 1,766
Walked 256
Taxicab, motorcycle, bicycle, or other means 256
Worked at home 2,336

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

Same house as 1 year ago 39,361
Moved within same county 5,404
Moved from different county within same state 1,524
Moved from different state 421
Moved from abroad 523

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 Pembroke Pines, 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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