South Patrick Shores, 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 South Patrick Shores, Florida rental market.

South Patrick Shores, Florida

Average Apartment Rent

$1,620

Y-o-Y Change in Average
Apartment Rent

0.1%

As of March 2026

Compared to a year ago, South Patrick Shores, Florida apartments have recorded a 0.1% rent increase.

South Patrick Shores, 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
South Patrick Shores $1,515 $1,526 $1,535 $1,592 $1,597 $1,618 $1,547 $1,627 $1,620
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
South Patrick Shores
National
Jul 2023
$1,515
$1,735
Nov 2023
$1,526
$1,724
Mar 2024
$1,535
$1,729
Jul 2024
$1,592
$1,750
Nov 2024
$1,597
$1,743
Mar 2025
$1,618
$1,749
Jul 2025
$1,547
$1,763
Nov 2025
$1,627
$1,749
Mar 2026
$1,620
$1,750

South Patrick Shores, Florida Average Apartment Rent

South Patrick Shores, 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 51.2%, apartments priced $1,500 - $2,000 represent the bulk of South Patrick Shores, Florida rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 8.61%.

South Patrick Shores, Florida Housing tenure**

Renter occupied housing units 516
Owner occupied housing units 2,460

Renters take up 17% of South Patrick Shores, Florida real estate, occupying a total of 516 units, while homeowners live in 2,460 properties.

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

4.8

Renter median household income**

$58,333

Average household size of renter-occupied housing units**

1.78

Rental vacancy rate**

9.4%

South Patrick Shores, Florida Renter-occupied housing units by no. of bedrooms**

1 bed 64
2 beds 240
3 beds 185
4 beds 27

There are 240 rentals in South Patrick Shores, 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 (5%), amounting to 27 units. Overall, the median number of rooms in South Patrick Shores, Florida homes for rent is 4.8.

South Patrick Shores, Florida Renter-occupied units by age of householder**

15 - 24 years 60
25 - 34 years 74
35 - 44 years 120
45 - 54 years 40
55 - 59 years 52
60 - 64 years 42
75 - 84 years 94
85 years and over 34

Most condos for rent in South Patrick Shores, Florida are occupied by residents in the 35 - 44 years age group (23%), followed by those in the 75 - 84 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 7%.

South Patrick Shores, Florida Renter-occupied housing units by family type**

Family households 244
Non-Family Households 272

South Patrick Shores, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 103
No related children of the householder under 18 413

A total of 244 apartments for rent in South Patrick Shores, Florida, or 47% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 103 units. All in all, the median size of a renter-occupied household in South Patrick Shores, Florida is 1.78.

South Patrick Shores, Florida Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 62
Some college or associate's degree 277
Bachelor's degree or higher 177

In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in South Patrick Shores, Florida.

South Patrick Shores, Florida Renter-occupied units by year structure built**

Built 2000 - 2009 14
Built 1990 - 1999 17
Built 1980 - 1989 114
Built 1970 - 1979 151
Built 1960 - 1969 187
Built 1950 - 1959 33

The highest share of South Patrick Shores, Florida apartment rentals, namely 36% or 187 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (29%, 151 units), and the ones Built 1980 - 1989 (22%, 114 units).

South Patrick Shores, Florida Renter-occupied units by year householder moved in**

Moved in 2018 to 2020 247
Moved in 2010 to 2017 193
Moved in 2000 to 2009 76

Median year renter moved into unit 2018

Most South Patrick Shores, Florida renters (48%) moved in 2018 to 2020, while only 15% of them moved in 2000 to 2009. Overall, the median year renters have occupied their South Patrick Shores, Florida condos for rent is 2018.

South Patrick Shores, Florida Renter-occupied housing units by vehicles available**

1 vehicle available 367
2 or more vehicles available 149

When it comes to transportation options, 71% of South Patrick Shores, Florida renters have 1 vehicle available per household, while 29% of them have 2 or more vehicles available.

South Patrick Shores, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 335
Car, truck, or van - carpooled 57
Worked at home 60

South Patrick Shores, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 733
Moved within same county 74
Moved from different state 114

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 Patrick Shores, 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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