Safety Harbor, 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 Safety Harbor, Florida rental market.
Safety Harbor, Florida
Average Apartment Rent
$1,518
Y-o-Y Change in Average
Apartment Rent
10.7%
As of July 2024
Compared to a year ago, Safety Harbor, Florida apartments have recorded a 10.7% rent increase.
Safety Harbor, Florida |Average apartment rent trend
Safety Harbor, Florida| Average apartment rent
Safety Harbor, Florida | Apartment rent ranges
At 50%, apartments priced $1,500 - $2,000 represent the bulk of Safety Harbor, Florida rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 50%.
Safety Harbor, Florida | Housing tenure**
Renters take up 18% of Safety Harbor, Florida real estate, occupying a total of 1,214 units, while homeowners live in 5,575 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$68,294
Average household size of renter-occupied housing units**
2.48
Rental vacancy rate**
10.3%
Safety Harbor, Florida | Renter-occupied housing units by no. of bedrooms**
There are 576 rentals in Safety Harbor, Florida with 2 beds making up the highest share of the market, at 47%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 15 units. Overall, the median number of rooms in Safety Harbor, Florida homes for rent is 4.7.
Safety Harbor, Florida |Renter-occupied units by age of householder**
Most condos for rent in Safety Harbor, Florida are occupied by residents in the 45 - 54 years age group (34%), followed by those in the 65 - 74 years age group (14%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Safety Harbor, Florida | Renter-occupied housing units by family type**
Safety Harbor, Florida | Renter-occupied housing units by the presence of own children**
A total of 744 apartments for rent in Safety Harbor, Florida, or 61% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 367 units. All in all, the median size of a renter-occupied household in Safety Harbor, Florida is 2.48.
Safety Harbor, Florida | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Safety Harbor, Florida.
Safety Harbor, Florida | Renter-occupied units by year structure built**
The highest share of Safety Harbor, Florida apartment rentals, namely 37% or 454 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (24%, 294 units), and the ones Built 1990 - 1999 (13%, 156 units).
Safety Harbor, Florida | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most Safety Harbor, Florida renters (61%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Safety Harbor, Florida condos for rent is 2016.
Safety Harbor, Florida | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of Safety Harbor, Florida renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 9% have No vehicle available.
Safety Harbor, Florida | Means of transportation to work of householders living in renter-occupied housing units**
Safety Harbor, Florida |Geographical mobility in the past year for householders living in renter-occupied housing units**
Safety Harbor, Florida | Average apartment rent by zip codes
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 Safety Harbor, 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