What percentage of people rent in Three Lakes, FL?
33.4% (±5.0 points) of the occupied homes in Three Lakes, FL are rented (2020–2024 American Community Survey).
That is 1,785 renting households against 3,563 that own their home.
In Three Lakes, the share of households that rent went from 36.9% in 2015–2019 to 33.4% in 2020–2024 (−3.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 33.4% (±5.0 points)
- Renting households
- 1,785 (±313)
- Median renter income
- $80,429 (±$6,280)
Who rents and who owns in Three Lakes
| Three Lakes | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 33.4% (±5.0 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 1,785 (±313) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 3,563 (±324) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 3.2 (±0.4) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.2 (±0.2) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $80,429 (±$6,280) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $123,652 (±$22,813) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In Three Lakes, the renter share is lower than in Miami-Dade County (47.8%).
It is not measurably different from Florida (32.4%).
It is not measurably different from the national figure (34.8%).
In Miami-Dade County, Three Lakes ranks 49 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 325 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Three Lakes has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.9% (±5.3 points) | 33.4% (±5.0 points) | −3.5 percentage points | Not a measurable change |
| Median gross rent | $1,836 (±$73) | $2,361 (±$126) | +28.6% | No measurable change after inflation |
| Median household income | $67,955 (±$7,175) | $102,306 (±$7,947) | +50.5% | 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 Three Lakes
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Three Lakes | — | 33.4% (±5.0 points) | — |
| Richmond Heights | 1.9 mi | 29.1% (±9.2 points) | Not measurably different |
| The Crossings | 1.9 mi | 27.4% (±4.0 points) | Not measurably different |
| Country Walk | 2.2 mi | 20.1% (±5.8 points) | Lower |
| Palmetto Estates | 2.8 mi | 13.7% (±3.6 points) | Lower |
| Richmond West | 3.0 mi | 16.2% (±3.2 points) | Lower |
| Kendall | 3.4 mi | 37.8% (±2.8 points) | Not measurably different |
| West Perrine | 3.4 mi | 46.3% (±8.3 points) | Higher |
| The Hammocks | 3.6 mi | 37.3% (±3.5 points) | Not measurably different |
Nearby places with a measurably lower figure: Country Walk, FL (20.1%), Palmetto Estates, FL (13.7%), Richmond West, FL (16.2%).
Nearby places with a measurably higher figure: West Perrine, FL (46.3%).
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 |
|---|---|---|
| 43 | Coral Gables | 35.5% (±2.8 points) |
| 44 (tie) | Ojus | 34.8% (±5.9 points) |
| 44 (tie) | Westchester | 34.8% (±3.4 points) |
| 46 | Westview | 34.5% (±8.7 points) |
| 47 | Medley | 34.0% (±11.8 points) |
| 48 (tie) | Key Biscayne | 33.4% (±4.5 points) |
| 48 (tie) | Three Lakes | 33.4% (±5.0 points) |
| 50 | Princeton | 30.7% (±4.7 points) |
| 51 | Cutler Bay | 30.3% (±3.1 points) |
| 52 | Richmond Heights | 29.1% (±9.2 points) |
| 53 | Kendale Lakes | 29.0% (±3.4 points) |
| 54 | Tamiami | 28.3% (±3.6 points) |
| 55 | The Crossings | 27.4% (±4.0 points) |
Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.
Three Lakes 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 Three Lakes
How many renters are there in Three Lakes?
Three Lakes has an estimated 1,785 (±313) renting households, 33.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Three Lakes?
In Three Lakes, the share of households that rent went from 36.9% in 2015–2019 to 33.4% in 2020–2024 (−3.5 percentage points), not a measurable change.
How big are renting households in Three Lakes?
A renting household in Three Lakes has 3.2 people on average, against 3.2 in an owned home.
How much do renters earn in Three Lakes?
The median renting household in Three Lakes, FL has an income of $80,429 (±$6,280) a year, against $123,652 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Three Lakes CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Three Lakes CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Three Lakes CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Three Lakes CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Three Lakes 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 Three Lakes CDP, Florida (place:71741, 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
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- Median rent in Three Lakes
- Rent by bedrooms in Three Lakes
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- Income and affordability in Three Lakes
- Home values in Three Lakes
- Homeowner costs in Three Lakes
- Property taxes in Three Lakes
- Types of homes in Three Lakes
- Bedrooms in Three Lakes
- Age of homes in Three Lakes
- Vacancy rate in Three Lakes
- Heating fuel in Three Lakes
- Commute and cars in Three Lakes
- Population growth in Three Lakes
- How long people stay in Three Lakes
- Crowding and facilities in Three Lakes
- Fair Market Rent in Three Lakes
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida