Wesley Chapel, 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 Wesley Chapel, Florida rental market.
Wesley Chapel, Florida
Average Apartment Rent
$1,922
Y-o-Y Change in Average
Apartment Rent
2.8%
As of May 2026
Compared to a year ago, Wesley Chapel, Florida apartments have recorded a 2.8% rent increase.
Wesley Chapel, Florida Average apartment rent trend
Wesley Chapel, Florida Average Apartment Rent
Wesley Chapel, Florida Apartment rent ranges
At 52.3%, apartments priced $1,500 - $2,000 represent the bulk of Wesley Chapel, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.7%.
Wesley Chapel, Florida Housing tenure**
Renters take up 25% of Wesley Chapel, Florida real estate, occupying a total of 5,738 units, while homeowners live in 17,323 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$77,308
Average household size of renter-occupied housing units**
2.87
Rental vacancy rate**
6.9%
Wesley Chapel, Florida Renter-occupied housing units by no. of bedrooms**
There are 1,829 rentals in Wesley Chapel, Florida with 2 beds making up the highest share of the market, at 32%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 54 units. Overall, the median number of rooms in Wesley Chapel, Florida homes for rent is 5.1.
Wesley Chapel, Florida Renter-occupied units by age of householder**
Most condos for rent in Wesley Chapel, Florida are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Wesley Chapel, Florida Renter-occupied housing units by family type**
Wesley Chapel, Florida Renter-occupied housing units by the presence of own children**
A total of 3,897 apartments for rent in Wesley Chapel, Florida, or 68% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 2,521 units. All in all, the median size of a renter-occupied household in Wesley Chapel, Florida is 2.87.
Wesley Chapel, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 43% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Wesley Chapel, Florida.
Wesley Chapel, Florida Renter-occupied units by year structure built**
The highest share of Wesley Chapel, Florida apartment rentals, namely 48% or 2,738 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (21%, 1,178 units), and the ones Built 1990 - 1999 (15%, 849 units).
Wesley Chapel, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Wesley Chapel, Florida renters (50%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Wesley Chapel, Florida condos for rent is 2019.
Wesley Chapel, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Wesley Chapel, Florida renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 13% have 3 vehicles available.
Wesley Chapel, Florida Means of transportation to work of householders living in renter-occupied housing units**
Wesley Chapel, 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 Wesley Chapel, 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
