What percentage of people rent in Cheval, FL?

Name: Renters and owners in Cheval, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

40.6% (±3.8 points) of the occupied homes in Cheval, FL are rented (2020–2024 American Community Survey).

That is 2,123 renting households against 3,109 that own their home.

In Cheval, the share of households that rent went from 49.6% in 2015–2019 to 40.6% in 2020–2024 (−9.0 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 40.6% (±3.8 points)
Renting households: 2,123 (±209)
Median renter income: $57,418 (±$11,076)

Who rents and who owns in Cheval

Tenure, estimate (90% margin of error)
	Cheval	Hillsborough County	Florida	United States
Renter-occupied share	40.6% (±3.8 points)	38.5% (±0.6 points)	32.4% (±0.2 points)	34.8%
Renting households	2,123 (±209)	224,630 (±3,604)	2,834,163 (±17,461)	45,017,354
Owning households	3,109 (±313)	358,562 (±3,834)	5,918,647 (±31,594)	84,210,142
Average renter household size	2.3 (±0.2)	2.4 (±0.0)	2.5 (±0.0)	2.3
Average owner household size	2.9 (±0.2)	2.7 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$57,418 (±$11,076)	$55,100 (±$1,440)	$53,617 (±$353)	$52,966
Median owner household income	$181,830 (±$22,340)	$101,592 (±$1,236)	$88,144 (±$469)	$100,009

In Cheval, the renter share is not measurably different from Hillsborough County (38.5%).

It is also higher than in Florida (32.4%).

It is higher than the national figure (34.8%).

In Hillsborough County, Cheval ranks 9 of 33 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 200 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Cheval has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	49.6% (±4.6 points)	40.6% (±3.8 points)	−9.0 percentage points	Measurable decrease
Median gross rent	$1,090 (±$37)	$1,442 (±$101)	+32.3%	No measurable change after inflation
Median household income	$70,735 (±$3,628)	$101,907 (±$10,542)	+44.1%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Cheval

Nearest places with a published estimate, compared with Cheval
Place	Distance	Households that rent	Compared with this place
Cheval	—	40.6% (±3.8 points)	—
Northdale	3.1 mi	27.2% (±3.3 points)	Lower
Odessa	3.1 mi	29.8% (±7.9 points)	Lower
Lutz	4.1 mi	21.5% (±3.4 points)	Lower
Lake Magdalene	5.0 mi	27.7% (±2.9 points)	Lower
Keystone	5.7 mi	7.9% (±2.0 points)	Lower
Citrus Park	6.0 mi	33.6% (±5.3 points)	Lower
Land O' Lakes	6.0 mi	17.1% (±2.3 points)	Lower
Carrollwood	6.2 mi	31.5% (±3.4 points)	Lower

Nearby places with a measurably lower figure: Northdale, FL (27.2%), Odessa, FL (29.8%), Lutz, FL (21.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Hillsborough County, place by place

Rank	Place	Households that rent
3	Tampa	49.7% (±1.1 points)
4	Temple Terrace	49.6% (±4.0 points)
5	East Lake-Orient Park	48.6% (±4.4 points)
6	Dover	45.4% (±17.0 points)
7	Brandon	43.8% (±1.9 points)
8	Mango	43.5% (±6.1 points)
9	Cheval	40.6% (±3.8 points)
10	Town 'n' Country	39.8% (±2.5 points)
11	Palm River-Clair Mel	39.5% (±4.0 points)
12	Westchase	36.1% (±3.7 points)
13	Progress Village	35.2% (±7.6 points)
14 (tie)	Citrus Park	33.6% (±5.3 points)
14 (tie)	Plant City	33.6% (±3.0 points)

Showing 13 of 33 places in Hillsborough County, ranked from highest to lowest.

Cheval is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cheval

How many renters are there in Cheval?

Cheval has an estimated 2,123 (±209) renting households, 40.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Cheval?

In Cheval, the share of households that rent went from 49.6% in 2015–2019 to 40.6% in 2020–2024 (−9.0 percentage points), a measurable decrease.

How big are renting households in Cheval?

A renting household in Cheval has 2.3 people on average, against 2.9 in an owned home.

How much do renters earn in Cheval?

The median renting household in Cheval, FL has an income of $57,418 (±$11,076) a year, against $181,830 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cheval CDP, Florida (place:11912, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.