What is the median rent in Inverness Highlands South, FL?
The median gross rent in Inverness Highlands South, FL is $1,289 (±$244) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 325 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Inverness Highlands South, the median gross rent went from $954 in 2015–2019 to $1,289 in 2020–2024 (+35.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,289 (±$244)
- Rented homes
- 325 (±140)
- $2,000 or more
- 2.2%
- Since 2015–2019
- +35.1%
How much rent costs in Inverness Highlands South
| Monthly gross rent | Inverness Highlands South | Citrus County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±14.9 points) | 7.1% | 3.6% | 6.3% |
| $500 to $999 | 28.3% (±18.4 points) | 34.1% | 10.7% | 20.2% |
| $1,000 to $1,499 | 39.1% (±21.4 points) | 39.4% | 26.0% | 28.1% |
| $1,500 to $1,999 | 30.5% (±19.8 points) | 12.3% | 28.8% | 21.1% |
| $2,000 to $2,499 | 2.2% (±4.1 points) | 3.3% | 17.4% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.9 points) | 2.7% | 7.2% | 5.5% |
| $3,000 or more | 0.0% (±14.9 points) | 1.0% | 6.3% | 6.8% |
The most common range is $1,000 to $1,499, paid by 39.1% of renting households.
2.2% of rented homes in Inverness Highlands South cost $2,000 or more a month.
Inverness Highlands South against Citrus County, its state and the nation
| Inverness Highlands South | Citrus County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,289 (±$244) | $1,107 (±$50) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 325 (±140) | 9,443 (±876) | 2,716,443 (±16,958) | 42,849,984 |
In Inverness Highlands South, median gross rent is not measurably different from Citrus County ($1,107).
It is also lower than in Florida ($1,669).
It is not measurably different from the national figure ($1,413).
In Citrus County, Inverness Highlands South ranks 7 of 14 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 547 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Inverness Highlands South has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $954 (±$82) | $1,289 (±$244) | +35.1% | No measurable change after inflation |
| Households that rent | 16.0% (±4.5 points) | 11.0% (±4.4 points) | −5.0 percentage points | Not a measurable change |
| Rental vacancy rate | 10.9% (±14.4 points) | 7.2% (±9.2 points) | −3.7 percentage points | Not a measurable change |
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.
Median gross rent in places near Inverness Highlands South
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Inverness Highlands South | — | $1,289 (±$244) | — |
| Inverness | 3.0 mi | $975 (±$72) | Lower |
| Inverness Highlands North | 5.0 mi | $2,557 (±$2,299) | Not measurably different |
| Floral City | 6.8 mi | $617 (±$604) | Lower |
| Citrus Hills | 8.2 mi | $1,527 (±$653) | Not measurably different |
| Lecanto | 10.0 mi | $1,304 (±$255) | Not measurably different |
| Beverly Hills | 11 mi | $1,199 (±$98) | Not measurably different |
| Sugarmill Woods | 11 mi | $1,276 (±$472) | Not measurably different |
| Hernando | 11 mi | $964 (±$211) | Lower |
Nearby places with a measurably lower figure: Inverness, FL ($975), Floral City, FL ($617), Hernando, FL ($964).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Citrus County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Homosassa | $3,500 or more |
| 2 | Inverness Highlands North | $2,557 (±$2,299) |
| 3 | Pine Ridge (Citrus County) | $1,530 (±$941) |
| 4 | Citrus Hills | $1,527 (±$653) |
| 5 | Citrus Springs | $1,324 (±$118) |
| 6 | Lecanto | $1,304 (±$255) |
| 7 | Inverness Highlands South | $1,289 (±$244) |
| 8 | Sugarmill Woods | $1,276 (±$472) |
| 9 | Beverly Hills | $1,199 (±$98) |
| 10 | Inverness | $975 (±$72) |
| 11 | Hernando | $964 (±$211) |
| 12 | Homosassa Springs | $939 (±$184) |
| 13 | Crystal River | $880 (±$295) |
Showing 13 of 14 places in Citrus County, ranked from highest to lowest.
Inverness Highlands South 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 Inverness Highlands South
What is the average rent in Inverness Highlands South, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Inverness Highlands South is $1,289 (±$244) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Inverness Highlands South?
In Inverness Highlands South, the median gross rent went from $954 in 2015–2019 to $1,289 in 2020–2024 (+35.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Inverness Highlands South cost more than $2,000 a month?
2.2% of rented homes in Inverness Highlands South have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Inverness Highlands South higher than in Citrus County?
In Inverness Highlands South, median gross rent is not measurably different from Citrus County ($1,107).
It is also lower than in Florida ($1,669).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Inverness Highlands South CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Inverness Highlands South CDP, Florida (place:33966, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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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- Florida landlord and tenant rules
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