Department of Numbers

Deltona Florida Residential Rent and Rental Statistics

The median monthly gross residential rent in Deltona, FL (the Deltona-Daytona Beach-Ormond Beach metro area) was $1,046 in 2017 according to the Census ACS survey.1 Average gross rent in Deltona was $1,024 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Deltona median and average rent data will be released in September of 2019.

Data is also available below for Deltona rental vacancy rates, Deltona rent as a percent of median income and the fraction of renters in Deltona.

Show dollars as: Nominal Real

Real Gross Rent in Deltona Florida (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Florida Median Gross Rent $1,128 +2.27% +9.83%
Deltona, FL Median Gross Rent $1,046 +4.29% +8.17%

Deltona, FL Real Gross Rent Trends

At $1,046, real median gross rent in Deltona was at its highest level in 2017 since the series began in 2005. At $1,024, real average gross rent in Deltona was at its highest level in 2017 since the series began in 2005.

Real Gross Rent in Deltona: Deltona FL Median, Deltona FL Average, Florida Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Deltona

Date US
Median
Florida
Median
Deltona, FL
Median
Deltona, FL
Average
2017 $1,012 $1,128 $1,046 $1,024
2016 $996 $1,103 $1,003 $1,005
2015 $987 $1,076 $986 $988
2014 $956 $1,027 $967 $940
2013 $924 $993 $938 $931
2012 $912 $984 $896 $902
2011 $912 $994 $905 $918
2010 $927 $1,026 $949 $937
2009 $931 $1,052 $920 $919
2008 $947 $1,088 $1,000 $997
2007 $899 $1,054 $975 $964
2006 $909 $1,038 $991 $979

Deltona Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Deltona Florida was 4.74% according to Census ACS data.

Rental Vacancy Rate in Deltona Florida

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Florida 9.16% +0.86% +0.50%
Deltona, FL 4.74% -2.15% -3.23%

Trends in Deltona, FL Rental Vacancy Rate

The rental vacancy rate in Deltona peaked in 2007 at 13.34%. Since then it has fallen by 8.60% to 4.74%. Data records for this series originated in 2005.

Rental Vacancy Rate: Deltona FL, Florida, US

Rental vacancy rate in Florida

Historical Rental Vacancy Rate data for Deltona

Date US Florida Deltona, FL
2017 6.18% 9.16% 4.74%
2016 5.89% 8.30% 6.89%
2015 5.85% 7.79% 6.22%
2014 6.32% 8.66% 7.97%
2013 6.49% 9.22% 7.49%
2012 6.77% 9.37% 9.61%
2011 7.40% 10.91% 11.21%
2010 8.17% 12.17% 10.96%
2009 8.43% 13.16% 11.27%
2008 7.86% 12.67% 9.26%
2007 7.87% 11.55% 13.34%
2006 7.70% 8.32% 10.24%

Rent as a Fraction of Income

Using median household income data for Deltona, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Deltona, median monthly gross rent as a fraction of median household income was 26.51% in 2017 according to the ACS.

Deltona Florida Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Florida 25.74% +0.11% +0.38%
Deltona, FL 26.51% +0.78% -0.17%

Trends in Deltona, FL Rent as a Fraction of Income

The fraction of median Deltona household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 27.13%. Since then it has fallen by 0.62% to 26.51%.

Fraction of Income towards Rent: Deltona FL, Florida, US

Percent of median household income going towards median monthly gross rent in Deltona Florida

Historical Data for Annual Rent as a Fraction of Income in Deltona Florida

Date US Florida Deltona, FL
2017 20.13% 25.74% 26.51%
2016 20.43% 25.62% 25.72%
2015 20.63% 25.40% 26.56%
2014 20.89% 25.36% 26.67%
2013 20.78% 25.34% 26.51%
2012 20.65% 25.42% 25.97%
2011 20.70% 25.71% 27.13%
2010 20.50% 25.59% 25.30%
2009 20.12% 25.54% 24.08%
2008 19.00% 23.79% 22.65%
2007 18.66% 23.22% 24.30%
2006 18.90% 23.00% 24.42%

Renter Fraction in Deltona Florida

You can calculate the renter fraction in Deltona in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Deltona as a fraction of total Deltona households. In 2017 29.24% of households were renters according to Census ACS data.

Deltona Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Florida 34.85% -1.02% -1.10%
Deltona, FL 29.24% -0.19% +0.33%

Trends in the Deltona, FL Renter Fraction

The Deltona household renter fraction peaked in in 2015 at 29.61% and is now 0.37% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Deltona FL, Florida, US

Fraction of renters in Deltona

History of Deltona Renter Fraction

Date US Florida Deltona, FL
2017 36.13% 34.85% 29.24%
2016 36.88% 35.87% 29.43%
2015 36.97% 36.22% 29.61%
2014 36.90% 35.95% 28.91%
2013 36.50% 35.21% 29.17%
2012 36.09% 34.36% 29.57%
2011 35.42% 33.28% 27.52%
2010 34.65% 31.85% 25.28%
2009 34.13% 31.52% 26.18%
2008 33.36% 30.33% 23.53%
2007 32.80% 29.39% 23.98%
2006 32.73% 29.72% 24.54%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.