Department of Numbers

St. Lucie County Florida Residential Rent and Rental Statistics

The median monthly gross residential rent in St. Lucie County FL was $1,196 in 2019 according to the Census ACS survey.1 Average gross rent in St. Lucie County was $1,131 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 St. Lucie County median and average rent data will be released in September of 2021.

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

Show dollars as: Nominal Real

Real Gross Rent in St. Lucie County Florida (2019 dollars)2

2019 1 Year Change 3 Year Change
US Median Gross Rent $1,097 +1.86% +6.82%
Florida Median Gross Rent $1,238 +2.91% +8.88%
St. Lucie County FL Median Gross Rent $1,196 -9.39% +2.31%

St. Lucie County FL Real Gross Rent Trends

Median gross rent for St. Lucie County peaked in real terms in 2018 at $1,320 and is now $124 (9.39%) lower. Average gross rent for St. Lucie County peaked in real terms in 2018 at $1,293 and is now $162 (12.53%) lower.

Real Gross Rent: St. Lucie County FL Median, St. Lucie County FL Average, Florida Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for St. Lucie County

Date US
Median
Florida
Median
St. Lucie County FL
Median
St. Lucie County FL
Average
2019 $1,097 $1,238 $1,196 $1,131
2018 $1,077 $1,203 $1,320 $1,293
2017 $1,043 $1,163 $1,243 $1,225
2016 $1,027 $1,137 $1,169 $1,163
2015 $1,017 $1,110 $1,056 $1,054
2014 $986 $1,059 $1,087 $1,050
2013 $953 $1,024 $1,031 $948
2012 $940 $1,015 $996 $969
2011 $941 $1,025 $1,016 $956
2010 $955 $1,058 $1,030 $1,050
2009 $960 $1,085 $1,174 $1,158

more history ...

St. Lucie County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for St. Lucie County Florida was 13.31% according to Census ACS data.

Rental Vacancy Rate in St. Lucie County Florida

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Florida 8.72% +0.20% +0.42%
St. Lucie County FL 13.31% +5.89% +2.71%

Trends in St. Lucie County FL Rental Vacancy Rate

The rental vacancy rate in St. Lucie County peaked in 2008 at 25.85%. Since then it has fallen by 12.54% to 13.31%. Data records for this series originated in 2005. From a 2013 post peak low of 6.56%, the rental vacancy rate has increased by 6.75%.

Rental Vacancy Rate: St. Lucie County FL, Florida, US

Rental vacancy rate in Florida

Historical Rental Vacancy Rate data for St. Lucie County

Date US Florida St. Lucie County FL
2019 5.97% 8.72% 13.31%
2018 6.15% 8.52% 7.42%
2017 6.18% 9.16% 13.21%
2016 5.89% 8.30% 10.60%
2015 5.85% 7.79% 8.22%
2014 6.32% 8.66% 10.05%
2013 6.49% 9.22% 6.56%
2012 6.77% 9.37% 13.88%
2011 7.40% 10.91% 13.65%
2010 8.17% 12.17% 10.19%
2009 8.43% 13.16% 17.87%

more history ...

Rent as a Fraction of Income

Using median household income data for St. Lucie County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For St. Lucie County, median monthly gross rent as a fraction of median household income was 24.73% in 2019 according to the ACS.

St. Lucie County Florida Median Annual Rent as a Fraction of Median Household Income

2019 1 Year Change 3 Year Change
US 20.03% -0.47% -0.40%
Florida 25.08% -0.49% -0.54%
St. Lucie County FL 24.73% -4.04% -5.16%

Trends in St. Lucie County FL Rent as a Fraction of Income

The fraction of median St. Lucie County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 29.89%. Since then it has fallen by 5.16% to 24.73%.

Fraction of Income towards Rent: St. Lucie County FL, Florida, US

Percent of median household income going towards median monthly gross rent in St. Lucie County Florida

Historical Data for Annual Rent as a Fraction of Income in St. Lucie County Florida

Date US Florida St. Lucie County FL
2019 20.03% 25.08% 24.73%
2018 20.50% 25.57% 28.77%
2017 20.13% 25.74% 28.91%
2016 20.43% 25.62% 29.89%
2015 20.63% 25.40% 26.01%
2014 20.89% 25.36% 29.18%
2013 20.78% 25.34% 27.64%
2012 20.65% 25.42% 26.88%
2011 20.70% 25.71% 27.61%
2010 20.50% 25.59% 28.61%
2009 20.12% 25.54% 27.63%

more history ...

Renter Fraction in St. Lucie County Florida

You can calculate the renter fraction in St. Lucie County 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 St. Lucie County as a fraction of total St. Lucie County households. In 2019 24.09% of households were renters according to Census ACS data.

St. Lucie County Fraction of Renters by Household Units

2019 1 Year Change 3 Year Change
US 35.89% -0.16% -0.99%
Florida 33.75% -0.33% -2.12%
St. Lucie County FL 24.09% -2.25% -6.23%

Trends in the St. Lucie County FL Renter Fraction

The St. Lucie County household renter fraction peaked in in 2013 at 31.43% and is now 7.34% below that level. The origin year for the series is 2005.

Fraction of Renting Households: St. Lucie County FL, Florida, US

Fraction of renters in St. Lucie County

History of St. Lucie County Renter Fraction

Date US Florida St. Lucie County FL
2019 35.89% 33.75% 24.09%
2018 36.05% 34.08% 26.34%
2017 36.13% 34.85% 27.59%
2016 36.88% 35.87% 30.32%
2015 36.97% 36.22% 28.46%
2014 36.90% 35.95% 25.95%
2013 36.50% 35.21% 31.43%
2012 36.09% 34.36% 27.97%
2011 35.42% 33.28% 24.71%
2010 34.65% 31.85% 25.41%
2009 34.13% 31.52% 24.80%

more history ...

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.