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The average rent in Cheval, FL is $1,580.

In Cheval 41% of the housing is rented out compared to 59% of homes are owned, according to the most recent Census Bureau estimates. 1% of Cheval's apartments are found in large buildings of 50 units or more, 91% are located in smaller apartment complexes with less than 50 units, and 8% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Cheval are about 29 years old, on average. Of these, 23% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Cheval come in a range of sizes and floorplans. Studio apartments represent 6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 55% of all rentals in Cheval. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.