What percentage of people rent in Olympia Heights, FL?
15.2% (±5.3 points) of the occupied homes in Olympia Heights, FL are rented (2020–2024 American Community Survey).
That is 616 renting households against 3,443 that own their home.
In Olympia Heights, the share of households that rent went from 20.6% in 2015–2019 to 15.2% in 2020–2024 (−5.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 15.2% (±5.3 points)
- Renting households
- 616 (±223)
- Median renter income
- $42,454 (±$30,944)
Who rents and who owns in Olympia Heights
| Olympia Heights | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.2% (±5.3 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 616 (±223) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 3,443 (±445) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.5 (±0.4) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.3) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $42,454 (±$30,944) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $131,196 (±$25,321) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In Olympia Heights, the renter share is lower than in Miami-Dade County (47.8%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Miami-Dade County, Olympia Heights ranks 64 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 645 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Olympia Heights has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 20.6% (±5.3 points) | 15.2% (±5.3 points) | −5.4 percentage points | Not a measurable change |
| Median gross rent | $1,702 (±$214) | $2,124 (±$583) | +24.8% | No measurable change after inflation |
| Median household income | $61,776 (±$6,598) | $108,958 (±$26,475) | +76.4% | 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 Olympia Heights
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Olympia Heights | — | 15.2% (±5.3 points) | — |
| Westchester | 1.5 mi | 34.8% (±3.4 points) | Higher |
| Sunset | 1.7 mi | 23.0% (±4.3 points) | Higher |
| Westwood Lakes | 1.9 mi | 23.2% (±6.2 points) | Not measurably different |
| Glenvar Heights | 1.9 mi | 56.5% (±5.2 points) | Higher |
| Coral Terrace | 2.5 mi | 39.7% (±4.2 points) | Higher |
| South Miami | 3.0 mi | 39.8% (±5.2 points) | Higher |
| Fountainebleau | 3.1 mi | 56.1% (±3.2 points) | Higher |
| West Miami | 3.3 mi | 49.7% (±5.7 points) | Higher |
Nearby places with a measurably higher figure: Westchester, FL (34.8%), Sunset, FL (23.0%), Glenvar Heights, FL (56.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Miami-Dade County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 58 | Sunset | 23.0% (±4.3 points) |
| 59 | Biscayne Park | 22.0% (±9.1 points) |
| 60 | Palmetto Bay | 21.8% (±3.7 points) |
| 61 | Country Walk | 20.1% (±5.8 points) |
| 62 | Pinecrest | 17.2% (±3.1 points) |
| 63 | Richmond West | 16.2% (±3.2 points) |
| 64 | Olympia Heights | 15.2% (±5.3 points) |
| 65 | Palmetto Estates | 13.7% (±3.6 points) |
| 66 | Miami Shores | 12.5% (±4.2 points) |
| 67 | Palm Springs North | 11.8% (±5.3 points) |
| 68 | El Portal | 8.8% (±6.1 points) |
| 69 | Fisher Island | 5.1% (±8.3 points) |
| 70 | Golden Beach | 0.0% (±21.0 points) |
Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.
Olympia Heights 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 Olympia Heights
How many renters are there in Olympia Heights?
Olympia Heights has an estimated 616 (±223) renting households, 15.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Olympia Heights?
In Olympia Heights, the share of households that rent went from 20.6% in 2015–2019 to 15.2% in 2020–2024 (−5.4 percentage points), not a measurable change.
How big are renting households in Olympia Heights?
A renting household in Olympia Heights has 2.5 people on average, against 3.1 in an owned home.
How much do renters earn in Olympia Heights?
The median renting household in Olympia Heights, FL has an income of $42,454 (±$30,944) a year, against $131,196 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olympia Heights CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Olympia Heights CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Olympia Heights CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Olympia Heights CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Olympia Heights 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) and detailed tables (acs/acs5) for Olympia Heights CDP, Florida (place:51475, 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.
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.
Figures last updated on .
Related
- Housing in Olympia Heights at a glance
- Median rent in Olympia Heights
- Rent by bedrooms in Olympia Heights
- Rent burden in Olympia Heights
- Income and affordability in Olympia Heights
- Home values in Olympia Heights
- Homeowner costs in Olympia Heights
- Property taxes in Olympia Heights
- Types of homes in Olympia Heights
- Bedrooms in Olympia Heights
- Age of homes in Olympia Heights
- Heating fuel in Olympia Heights
- Commute and cars in Olympia Heights
- Population growth in Olympia Heights
- How long people stay in Olympia Heights
- Crowding and facilities in Olympia Heights
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida