What is the rental vacancy rate in Princeton, FL?
The rental vacancy rate in Princeton, FL is 0.6% (±0.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.9% (±1.6 points).
299 (±149) homes, 2.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Princeton, the rental vacancy rate went from 3.6% in 2015–2019 to 0.6% in 2020–2024 (−3.0 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 0.6% (±0.9 points)
- Homeowner vacancy rate
- 1.9% (±1.6 points)
- Vacant homes
- 299 (±149)
Vacancy in Princeton against Miami-Dade County, its state and the nation
| Princeton | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.6% (±0.9 points) | 5.5% (±0.3 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.9% (±1.6 points) | 1.2% (±0.1 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 299 (±149) | 119,572 (±2,516) | 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 Princeton, the rental vacancy rate is lower than in Miami-Dade County (5.5%).
It is also lower than in Florida (7.6%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Princeton
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Princeton | — | 0.6% (±0.9 points) | — |
| Goulds | 1.6 mi | 2.8% (±3.4 points) | Not measurably different |
| Naranja | 2.2 mi | 3.4% (±3.3 points) | Not measurably different |
| Homestead Base | 3.3 mi | 0.0% (±21.6 points) | Not measurably different |
| South Miami Heights | 3.4 mi | 3.7% (±2.1 points) | Higher |
| Leisure City | 4.0 mi | 3.1% (±2.3 points) | Higher |
| Cutler Bay | 4.7 mi | 4.5% (±2.3 points) | Higher |
| West Perrine | 5.0 mi | 4.6% (±4.1 points) | Not measurably different |
| Richmond West | 5.1 mi | 0.0% (±3.0 points) | Not measurably different |
Nearby places with a measurably higher figure: South Miami Heights, FL (3.7%), Leisure City, FL (3.1%), Cutler Bay, FL (4.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Miami-Dade County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 51 | Miami Springs | 2.0% (±2.2 points) |
| 52 | Three Lakes | 1.8% (±2.9 points) |
| 53 | Country Club | 1.7% (±1.1 points) |
| 54 | Hialeah | 1.6% (±0.5 points) |
| 55 | Sunset | 1.3% (±2.1 points) |
| 56 | Miami Lakes | 0.9% (±1.3 points) |
| 57 (tie) | Princeton | 0.6% (±0.9 points) |
| 57 (tie) | West Little River | 0.6% (±0.8 points) |
| 59 | Hialeah Gardens | 0.5% (±0.9 points) |
| 60 (tie) | Bay Harbor Islands | 0.0% (±4.8 points) |
| 60 (tie) | Biscayne Park | 0.0% (±21.5 points) |
| 60 (tie) | Country Walk | 0.0% (±4.5 points) |
| 60 (tie) | El Portal | 0.0% (±45.1 points) |
Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.
Princeton 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 Princeton
Is it hard to find a rental in Princeton?
The rental vacancy rate in Princeton, FL is 0.6% (±0.9 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 Princeton tighter than it was?
In Princeton, the rental vacancy rate went from 3.6% in 2015–2019 to 0.6% in 2020–2024 (−3.0 percentage points), a measurable decrease.
How many homes are vacant in Princeton?
An estimated 299 (±149) housing units, 2.3% 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 — Princeton CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Princeton 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 Princeton CDP, Florida (place:58975, 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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- Fair Market Rent in Princeton
- Florida landlord and tenant rules
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- Housing data for every place in Florida