What is the rental vacancy rate in Florida Ridge, FL?
The rental vacancy rate in Florida Ridge, FL is 15.1% (±10.1 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 4.4% (±2.1 points).
2,020 (±397) homes, 19.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Florida Ridge, the rental vacancy rate went from 39.7% in 2015–2019 to 15.1% in 2020–2024 (−24.6 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 15.1% (±10.1 points)
- Homeowner vacancy rate
- 4.4% (±2.1 points)
- Vacant homes
- 2,020 (±397)
Vacancy in Florida Ridge against Indian River County, its state and the nation
| Florida Ridge | Indian River County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 15.1% (±10.1 points) | 9.5% (±2.7 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 4.4% (±2.1 points) | 2.3% (±0.7 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 2,020 (±397) | 15,624 (±1,052) | 1,503,660 (±20,826) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Florida Ridge, the rental vacancy rate is not measurably different from Indian River County (9.5%).
It is not measurably different from Florida (7.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Florida Ridge
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Florida Ridge | — | 15.1% (±10.1 points) | — |
| Vero Beach South | 2.9 mi | 8.1% (±5.0 points) | Not measurably different |
| Lakewood Park | 3.1 mi | 2.6% (±4.1 points) | Lower |
| South Beach | 3.1 mi | 58.5% (±55.8 points) | Not measurably different |
| Vero Beach | 4.4 mi | 12.6% (±5.8 points) | Not measurably different |
| St. Lucie Village | 6.3 mi | 0.0% (±48.3 points) | Not measurably different |
| Gifford | 6.9 mi | 16.5% (±9.5 points) | Not measurably different |
| West Vero Corridor | 7.0 mi | 4.3% (±4.8 points) | Not measurably different |
| Fort Pierce North | 7.6 mi | 5.5% (±5.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Lakewood Park, FL (2.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Indian River County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | South Beach | 58.5% (±55.8 points) |
| 2 | Wabasso Beach | 50.0% (±50.0 points) |
| 3 | Fellsmere | 19.2% (±20.5 points) |
| 4 | Vero Lake Estates | 17.1% (±26.8 points) |
| 5 | Gifford | 16.5% (±9.5 points) |
| 6 | Florida Ridge | 15.1% (±10.1 points) |
| 7 | Vero Beach | 12.6% (±5.8 points) |
| 8 | Vero Beach South | 8.1% (±5.0 points) |
| 9 | Sebastian | 4.4% (±5.2 points) |
| 10 | West Vero Corridor | 4.3% (±4.8 points) |
| 11 (tie) | Indian River Shores | 0.0% (±48.7 points) |
| 11 (tie) | Roseland | 0.0% (±44.7 points) |
Showing 12 of 14 places in Indian River County, ranked from highest to lowest.
Florida Ridge 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 Florida Ridge
Is it hard to find a rental in Florida Ridge?
The rental vacancy rate in Florida Ridge, FL is 15.1% (±10.1 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Florida Ridge tighter than it was?
In Florida Ridge, the rental vacancy rate went from 39.7% in 2015–2019 to 15.1% in 2020–2024 (−24.6 percentage points), a measurable decrease.
How many homes are vacant in Florida Ridge?
An estimated 2,020 (±397) housing units, 19.9% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Florida Ridge CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Florida Ridge CDP, Florida
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) for Florida Ridge CDP, Florida (place:23050, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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.
Figures last updated on .
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