Winter Haven, 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 Winter Haven, Florida rental market.

Highlights

An apartment for rent in Winter Haven, Florida typically goes for $1,465 per month, while a single-family home for rent in Winter Haven, Florida has a monthly cost of around $1,871. Renter-occupied units make up 37% of the local housing market, while the rental vacancy rate in Winter Haven, Florida is at 4.6.

Winter Haven, Florida

Average Apartment Rent

$1,465

Y-o-Y Change in Average
Apartment Rent

-4.6%

Average Single-Family Rent

$1,871

As of November 2024

Compared to a year ago, Winter Haven, Florida apartments have recorded a -4.6% rent decrease.

Winter Haven, Florida Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Winter Haven $1,228 $1,323 $1,355 $1,432 $1,456 $1,562 $1,536 $1,582 $1,559 $1,465
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Winter Haven
National
Nov 2021
$1,228
$1,596
Mar 2022
$1,323
$1,635
Jul 2022
$1,355
$1,708
Nov 2022
$1,432
$1,726
Mar 2023
$1,456
$1,714
Jul 2023
$1,562
$1,739
Nov 2023
$1,536
$1,733
Mar 2024
$1,582
$1,727
Jul 2024
$1,559
$1,752
Nov 2024
$1,465
$1,748

Winter Haven, Florida Average Apartment Rent

Winter Haven, Florida Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 57.12%, apartments priced $1,000 - $1,500 represent the bulk of Winter Haven, Florida rentals, while condos priced $700 - $1000 hold the lowest share of the market – 2.67%.

Winter Haven, Florida Housing tenure**

Renter occupied housing units 6,929
Owner occupied housing units 11,812

Renters take up 37% of Winter Haven, Florida real estate, occupying a total of 6,929 units, while homeowners live in 11,812 properties.

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

4.7

Renter median household income**

$38,899

Average household size of renter-occupied housing units**

2.71

Rental vacancy rate**

4.6%

Winter Haven, Florida Renter-occupied housing units by no. of bedrooms**

No bedrooms 240
1 bed 1,531
2 beds 2,894
3 beds 1,764
4 beds 435
5 or more beds 65

There are 2,894 rentals in Winter Haven, Florida with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 65 units. Overall, the median number of rooms in Winter Haven, Florida homes for rent is 4.7.

Winter Haven, Florida Renter-occupied units by age of householder**

15 - 24 years 534
25 - 34 years 1,505
35 - 44 years 1,255
45 - 54 years 956
55 - 59 years 667
60 - 64 years 345
65 - 74 years 847
75 - 84 years 602
85 years and over 218

Most condos for rent in Winter Haven, Florida are occupied by residents in the 25 - 34 years age group (22%), followed by those in the 35 - 44 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 – 3%.

Winter Haven, Florida Renter-occupied housing units by family type**

Family households 3,986
Non-Family Households 2,943

Winter Haven, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,810
No related children of the householder under 18 4,119

A total of 3,986 apartments for rent in Winter Haven, Florida, or 58% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 2,810 units. All in all, the median size of a renter-occupied household in Winter Haven, Florida is 2.71.

Winter Haven, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 1,425
High school graduate (including equivalency) 2,099
Some college or associate's degree 2,554
Bachelor's degree or higher 851

In terms of education, renters holding bachelor degrees or higher make up 12% of the rental market. In contrast, residents with less than a high school degree reside in 21% of the homes for rent in Winter Haven, Florida.

Winter Haven, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 615
Built 2000 - 2009 1,092
Built 1990 - 1999 545
Built 1980 - 1989 1,193
Built 1970 - 1979 1,917
Built 1960 - 1969 562
Built 1950 - 1959 499
Built 1940 - 1949 174
Built 1939 or earlier 332

The highest share of Winter Haven, Florida apartment rentals, namely 28% or 1,917 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (17%, 1,193 units), and the ones Built 2000 - 2009 (16%, 1,092 units).

Winter Haven, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 599
Moved in 2018 to 2020 2,409
Moved in 2010 to 2017 3,197
Moved in 2000 to 2009 453
Moved in 1990 to 1999 136
Moved in 1989 or earlier 135

Median year renter moved into unit 2017

Most Winter Haven, Florida renters (46%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Winter Haven, Florida condos for rent is 2017.

Winter Haven, Florida Renter-occupied housing units by vehicles available**

No vehicle available 1,276
1 vehicle available 3,308
2 vehicles available 1,893
3 vehicles available 367
4 or more vehicles available 85

When it comes to transportation options, 48% of Winter Haven, Florida renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 18% have No vehicle available.

Winter Haven, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 6,186
Car, truck, or van - carpooled 622
Public transportation (excluding taxicab) 42
Walked 76
Taxicab, motorcycle, bicycle, or other means 338
Worked at home 871

Winter Haven, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 14,714
Moved within same county 2,445
Moved from different county within same state 519
Moved from different state 684
Moved from abroad 173

Winter Haven, Florida Average apartment rent by zip codes


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 Winter Haven, 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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