Spring Hill, 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 Spring Hill, Florida rental market.
Spring Hill, Florida
Average Apartment Rent
$1,756
Y-o-Y Change in Average
Apartment Rent
2%
As of May 2026
Compared to a year ago, Spring Hill, Florida apartments have recorded a 2% rent increase.
Spring Hill, Florida Average apartment rent trend
Spring Hill, Florida Average Apartment Rent
Spring Hill, Florida Apartment rent ranges
At 59.89%, apartments priced $1,500 - $2,000 represent the bulk of Spring Hill, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 2.81%.
Spring Hill, Florida Housing tenure**
Renters take up 22% of Spring Hill, Florida real estate, occupying a total of 9,853 units, while homeowners live in 34,772 properties.
Median number of rooms of renter-occupied housing units**
4.8
Renter median household income**
$45,843
Average household size of renter-occupied housing units**
2.47
Rental vacancy rate**
5.6%
Spring Hill, Florida Renter-occupied housing units by no. of bedrooms**
There are 4,809 rentals in Spring Hill, Florida with 2 beds making up the highest share of the market, at 49%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 282 units. Overall, the median number of rooms in Spring Hill, Florida homes for rent is 4.8.
Spring Hill, Florida Renter-occupied units by age of householder**
Most condos for rent in Spring Hill, Florida are occupied by residents in the 35 - 44 years age group (19%), followed by those in the 25 - 34 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Spring Hill, Florida Renter-occupied housing units by family type**
Spring Hill, Florida Renter-occupied housing units by the presence of own children**
A total of 5,775 apartments for rent in Spring Hill, Florida, or 59% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 3,236 units. All in all, the median size of a renter-occupied household in Spring Hill, Florida is 2.47.
Spring Hill, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Spring Hill, Florida.
Spring Hill, Florida Renter-occupied units by year structure built**
The highest share of Spring Hill, Florida apartment rentals, namely 31% or 3,011 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (27%, 2,657 units), and the ones Built 1970 - 1979 (16%, 1,578 units).
Spring Hill, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Spring Hill, Florida renters (52%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Spring Hill, Florida condos for rent is 2016.
Spring Hill, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Spring Hill, Florida renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 8% have No vehicle available.
Spring Hill, Florida Means of transportation to work of householders living in renter-occupied housing units**
Spring Hill, 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 Spring Hill, 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
