Richmond West, 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 Richmond West, Florida rental market.

Richmond West, Florida

Average Apartment Rent

$2,652

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of May 2026

Compared to a year ago, Richmond West, Florida apartments have recorded a Infinity% rent increase.

Richmond West, 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
Richmond West $2,670 $2,595 $2,594 $2,654 $2,609 $2,600 $2,634 $2,628 $2,627
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Richmond West
National
Jul 2023
$2,670
$1,741
Nov 2023
$2,595
$1,732
Mar 2024
$2,594
$1,736
Jul 2024
$2,654
$1,756
Nov 2024
$2,609
$1,749
Mar 2025
$2,600
$1,755
Jul 2025
$2,634
$1,767
Nov 2025
$2,628
$1,753
Mar 2026
$2,627
$1,750

Richmond West, Florida Average Apartment Rent

Richmond West, 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 57.39%, apartments priced $2,500 - $3,000 represent the bulk of Richmond West, Florida rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 0.38%.

Richmond West, Florida Housing tenure**

Renter occupied housing units 1,891
Owner occupied housing units 8,574

Renters take up 18% of Richmond West, Florida real estate, occupying a total of 1,891 units, while homeowners live in 8,574 properties.

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

5.3

Renter median household income**

$86,042

Average household size of renter-occupied housing units**

3.42

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

1 bed 89
2 beds 519
3 beds 773
4 beds 436
5 or more beds 74

There are 773 rentals in Richmond West, Florida with 3 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (4%), amounting to 74 units. Overall, the median number of rooms in Richmond West, Florida homes for rent is 5.3.

Richmond West, Florida Renter-occupied units by age of householder**

15 - 24 years 42
25 - 34 years 385
35 - 44 years 585
45 - 54 years 425
55 - 59 years 133
60 - 64 years 119
65 - 74 years 86
75 - 84 years 111

Most condos for rent in Richmond West, Florida are occupied by residents in the 35 - 44 years age group (31%), followed by those in the 45 - 54 years age group (22%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.

Richmond West, Florida Renter-occupied housing units by family type**

Family households 1,561
Non-Family Households 330

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

With related children of the householder under 18 889
No related children of the householder under 18 1,002

A total of 1,561 apartments for rent in Richmond West, Florida, or 83% of all rentals are family households. Additionally, 47% of rental homes include children under the age of 18 – that’s 889 units. All in all, the median size of a renter-occupied household in Richmond West, Florida is 3.42.

Richmond West, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 78
High school graduate (including equivalency) 452
Some college or associate's degree 454
Bachelor's degree or higher 907

In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Richmond West, Florida.

Richmond West, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 625
Built 2000 - 2009 274
Built 1990 - 1999 712
Built 1980 - 1989 148
Built 1970 - 1979 90
Built 1960 - 1969 42

The highest share of Richmond West, Florida apartment rentals, namely 38% or 712 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (33%, 625 units), and the ones Built 2000 - 2009 (14%, 274 units).

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

Moved in 2021 or later 89
Moved in 2018 to 2020 759
Moved in 2010 to 2017 874
Moved in 2000 to 2009 126
Moved in 1990 to 1999 43

Median year renter moved into unit 2017

Most Richmond West, Florida renters (46%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Richmond West, Florida condos for rent is 2017.

Richmond West, Florida Renter-occupied housing units by vehicles available**

1 vehicle available 489
2 vehicles available 809
3 vehicles available 430
4 or more vehicles available 163

When it comes to transportation options, 43% of Richmond West, Florida renters have 2 vehicles available per household, 26% of them have 1 vehicle available, and 23% have 3 vehicles available.

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

Car, truck, or van - drove alone 2,385
Car, truck, or van - carpooled 186
Public transportation (excluding taxicab) 50
Taxicab, motorcycle, bicycle, or other means 22
Worked at home 224

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

Same house as 1 year ago 5,659
Moved within same county 598
Moved from abroad 131

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 Richmond West, 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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