South Gate Ridge, 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 South Gate Ridge, Florida rental market.
South Gate Ridge, Florida
Average Apartment Rent
$1,853
Y-o-Y Change in Average
Apartment Rent
-1.6%
As of May 2026
Compared to a year ago, South Gate Ridge, Florida apartments have recorded a -1.6% rent decrease.
South Gate Ridge, Florida Average apartment rent trend
South Gate Ridge, Florida Average Apartment Rent
South Gate Ridge, Florida Apartment rent ranges
At 42.48%, apartments priced $1,500 - $2,000 represent the bulk of South Gate Ridge, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 2.61%.
South Gate Ridge, Florida Housing tenure**
Renters take up 33% of South Gate Ridge, Florida real estate, occupying a total of 785 units, while homeowners live in 1,583 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$50,966
Average household size of renter-occupied housing units**
2.49
Rental vacancy rate**
7.3%
South Gate Ridge, Florida Renter-occupied housing units by no. of bedrooms**
There are 368 rentals in South Gate Ridge, Florida with 2 beds making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 31 units. Overall, the median number of rooms in South Gate Ridge, Florida homes for rent is 4.5.
South Gate Ridge, Florida Renter-occupied units by age of householder**
Most condos for rent in South Gate Ridge, Florida are occupied by residents in the 45 - 54 years age group (22%), followed by those in the 65 - 74 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
South Gate Ridge, Florida Renter-occupied housing units by family type**
South Gate Ridge, Florida Renter-occupied housing units by the presence of own children**
A total of 399 apartments for rent in South Gate Ridge, Florida, or 51% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 250 units. All in all, the median size of a renter-occupied household in South Gate Ridge, Florida is 2.49.
South Gate Ridge, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in South Gate Ridge, Florida.
South Gate Ridge, Florida Renter-occupied units by year structure built**
The highest share of South Gate Ridge, Florida apartment rentals, namely 27% or 213 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (27%, 210 units), and the ones Built 1990 - 1999 (13%, 101 units).
South Gate Ridge, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most South Gate Ridge, Florida renters (53%) moved in 2018 to 2020, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their South Gate Ridge, Florida condos for rent is 2019.
South Gate Ridge, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of South Gate Ridge, Florida renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 6% have No vehicle available.
South Gate Ridge, Florida Means of transportation to work of householders living in renter-occupied housing units**
South Gate Ridge, 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 South Gate Ridge, 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
