The average monthly rent of apartments in South Pasadena, FL is $2,418.
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Rental prices in South Pasadena, FL have increased by 4.58% over the past year. The average rent moved from $2,313 to $2,418.
Compared to the national average rent of $1,741, the average rent in South Pasadena, FL is $2,418.
The average monthly rent of apartments in South Pasadena, FL is $2,418.
About 49% of apartment rents in South Pasadena, FL range between $2,501-$3,000. Around 49% of South Pasadena’s apartments are in the $2,001-$2,500 price range. 2% of apartments are priced between $1,501-$2,000.
The largest share of rentals in South Pasadena, FL (49%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in South Pasadena, FL is $1,968.
In South Pasadena 45% of the housing is rented out compared to 55% of homes are owned, according to the most recent Census Bureau estimates. 62% of South Pasadena's apartments are found in large buildings of 50 units or more, 23% are located in smaller apartment complexes with less than 50 units, and 1% 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 South Pasadena are about 52 years old, on average. Of these, 7% 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 10 stories. About 28% of the rental communities here are low-rise, garden-style communities, 24% are mid-rises, and 48% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in South Pasadena come in a range of sizes and floorplans. Studio apartments represent 23% 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 43% of the total apartments in the city, while 2-bedroom floorplans represent around 33% of all rentals in South Pasadena. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
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