West Vero Corridor, 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 West Vero Corridor, Florida rental market.

West Vero Corridor, Florida

Average Apartment Rent

$1,951

Y-o-Y Change in Average
Apartment Rent

2%

As of May 2026

Compared to a year ago, West Vero Corridor, Florida apartments have recorded a 2% rent increase.

West Vero Corridor, 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
West Vero Corridor $1,838 $1,819 $1,838 $1,816 $1,865 $1,933 $1,892 $1,963 $1,935
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
West Vero Corridor
National
Jul 2023
$1,838
$1,741
Nov 2023
$1,819
$1,732
Mar 2024
$1,838
$1,736
Jul 2024
$1,816
$1,756
Nov 2024
$1,865
$1,749
Mar 2025
$1,933
$1,755
Jul 2025
$1,892
$1,767
Nov 2025
$1,963
$1,753
Mar 2026
$1,935
$1,750

West Vero Corridor, Florida Average Apartment Rent

West Vero Corridor, 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 48.14%, apartments priced $1,500 - $2,000 represent the bulk of West Vero Corridor, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.41%.

West Vero Corridor, Florida Housing tenure**

Renter occupied housing units 1,436
Owner occupied housing units 3,891

Renters take up 27% of West Vero Corridor, Florida real estate, occupying a total of 1,436 units, while homeowners live in 3,891 properties.

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

4.1

Renter median household income**

$46,574

Average household size of renter-occupied housing units**

1.58

Rental vacancy rate**

11.4%

West Vero Corridor, Florida Renter-occupied housing units by no. of bedrooms**

1 bed 347
2 beds 811
3 beds 265
5 or more beds 8

There are 811 rentals in West Vero Corridor, Florida with 2 beds making up the highest share of the market, at 56%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 8 units. Overall, the median number of rooms in West Vero Corridor, Florida homes for rent is 4.1.

West Vero Corridor, Florida Renter-occupied units by age of householder**

15 - 24 years 41
25 - 34 years 69
35 - 44 years 71
45 - 54 years 111
55 - 59 years 57
60 - 64 years 27
65 - 74 years 150
75 - 84 years 459
85 years and over 451

Most condos for rent in West Vero Corridor, Florida are occupied by residents in the 75 - 84 years age group (32%), followed by those in the 85 years and over age group (31%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

West Vero Corridor, Florida Renter-occupied housing units by family type**

Family households 410
Non-Family Households 1,026

West Vero Corridor, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 72
No related children of the householder under 18 1,364

A total of 410 apartments for rent in West Vero Corridor, Florida, or 29% of all rentals are family households. Additionally, 5% of rental homes include children under the age of 18 – that’s 72 units. All in all, the median size of a renter-occupied household in West Vero Corridor, Florida is 1.58.

West Vero Corridor, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 57
High school graduate (including equivalency) 274
Some college or associate's degree 468
Bachelor's degree or higher 637

In terms of education, renters holding bachelor degrees or higher make up 44% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in West Vero Corridor, Florida.

West Vero Corridor, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 141
Built 2000 - 2009 176
Built 1990 - 1999 249
Built 1980 - 1989 651
Built 1970 - 1979 135
Built 1960 - 1969 50
Built 1950 - 1959 34

The highest share of West Vero Corridor, Florida apartment rentals, namely 45% or 651 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (17%, 249 units), and the ones Built 2000 - 2009 (12%, 176 units).

West Vero Corridor, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 57
Moved in 2018 to 2020 654
Moved in 2010 to 2017 487
Moved in 2000 to 2009 187
Moved in 1990 to 1999 17
Moved in 1989 or earlier 34

Median year renter moved into unit 2018

Most West Vero Corridor, Florida renters (46%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their West Vero Corridor, Florida condos for rent is 2018.

West Vero Corridor, Florida Renter-occupied housing units by vehicles available**

No vehicle available 221
1 vehicle available 959
2 vehicles available 222
5 or more vehicles available 34

When it comes to transportation options, 67% of West Vero Corridor, Florida renters have 1 vehicle available per household, 15% of them have 2 vehicles available, and 15% have No vehicle available.

West Vero Corridor, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 393
Walked 35
Worked at home 116

West Vero Corridor, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,874
Moved within same county 156
Moved from different county within same state 226
Moved from different state 16

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 West Vero Corridor, 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

Check out rentals available in West Vero Corridor, Florida