Port Charlotte, 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 Port Charlotte, Florida rental market.

Port Charlotte, Florida

Average Apartment Rent

$1,765

Y-o-Y Change in Average
Apartment Rent

-8.7%

As of May 2026

Compared to a year ago, Port Charlotte, Florida apartments have recorded a -8.7% rent decrease.

Port Charlotte, 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
Port Charlotte $1,944 $1,880 $1,919 $1,912 $1,880 $1,964 $1,906 $1,809 $1,762
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Port Charlotte
National
Jul 2023
$1,944
$1,741
Nov 2023
$1,880
$1,732
Mar 2024
$1,919
$1,736
Jul 2024
$1,912
$1,756
Nov 2024
$1,880
$1,749
Mar 2025
$1,964
$1,755
Jul 2025
$1,906
$1,767
Nov 2025
$1,809
$1,753
Mar 2026
$1,762
$1,750

Port Charlotte, Florida Average Apartment Rent

Port Charlotte, 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 53.6%, apartments priced $1,500 - $2,000 represent the bulk of Port Charlotte, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.49%.

Port Charlotte, Florida Housing tenure**

Renter occupied housing units 4,999
Owner occupied housing units 21,839

Renters take up 19% of Port Charlotte, Florida real estate, occupying a total of 4,999 units, while homeowners live in 21,839 properties.

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

4.2

Renter median household income**

$34,779

Average household size of renter-occupied housing units**

2.47

Rental vacancy rate**

10.4%

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

No bedrooms 360
1 bed 784
2 beds 1,881
3 beds 1,789
4 beds 141
5 or more beds 44

There are 1,881 rentals in Port Charlotte, Florida with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 44 units. Overall, the median number of rooms in Port Charlotte, Florida homes for rent is 4.2.

Port Charlotte, Florida Renter-occupied units by age of householder**

15 - 24 years 150
25 - 34 years 720
35 - 44 years 789
45 - 54 years 811
55 - 59 years 572
60 - 64 years 456
65 - 74 years 572
75 - 84 years 456
85 years and over 473

Most condos for rent in Port Charlotte, Florida are occupied by residents in the 45 - 54 years age group (16%), followed by those in the 35 - 44 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

Port Charlotte, Florida Renter-occupied housing units by family type**

Family households 2,607
Non-Family Households 2,392

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

With related children of the householder under 18 1,733
No related children of the householder under 18 3,266

A total of 2,607 apartments for rent in Port Charlotte, Florida, or 52% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 1,733 units. All in all, the median size of a renter-occupied household in Port Charlotte, Florida is 2.47.

Port Charlotte, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 858
High school graduate (including equivalency) 1,959
Some college or associate's degree 1,725
Bachelor's degree or higher 457

In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Port Charlotte, Florida.

Port Charlotte, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 73
Built 2000 - 2009 428
Built 1990 - 1999 450
Built 1980 - 1989 1,357
Built 1970 - 1979 1,573
Built 1960 - 1969 625
Built 1950 - 1959 440
Built 1939 or earlier 44

The highest share of Port Charlotte, Florida apartment rentals, namely 31% or 1,573 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (27%, 1,357 units), and the ones Built 1960 - 1969 (13%, 625 units).

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

Moved in 2021 or later 356
Moved in 2018 to 2020 1,377
Moved in 2010 to 2017 2,634
Moved in 2000 to 2009 470
Moved in 1990 to 1999 133
Moved in 1989 or earlier 29

Median year renter moved into unit 2016

Most Port Charlotte, Florida renters (53%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Port Charlotte, Florida condos for rent is 2016.

Port Charlotte, Florida Renter-occupied housing units by vehicles available**

No vehicle available 768
1 vehicle available 2,304
2 vehicles available 1,396
3 vehicles available 343
4 vehicles available 103
5 or more vehicles available 85

When it comes to transportation options, 46% of Port Charlotte, Florida renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 15% have No vehicle available.

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

Car, truck, or van - drove alone 3,604
Car, truck, or van - carpooled 969
Walked 28
Taxicab, motorcycle, bicycle, or other means 456
Worked at home 317

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

Same house as 1 year ago 9,888
Moved within same county 892
Moved from different county within same state 313
Moved from different state 929

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 Port Charlotte, 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

Check out rentals available in Port Charlotte, Florida