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

Tenure, estimate (90% margin of error)
Three LakesMiami-Dade CountyFloridaUnited States
Renter-occupied share33.4% (±5.0 points)47.8% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households1,785 (±313)465,971 (±5,269)2,834,163 (±17,461)45,017,354
Owning households3,563 (±324)509,440 (±5,300)5,918,647 (±31,594)84,210,142
Average renter household size3.2 (±0.4)2.6 (±0.0)2.5 (±0.0)2.3
Average owner household size3.2 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent36.9% (±5.3 points)33.4% (±5.0 points)−3.5 percentage pointsNot 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

Nearest places with a published estimate, compared with Three Lakes
PlaceDistanceHouseholds that rentCompared with this place
Three Lakes—33.4% (±5.0 points)—
Richmond Heights1.9 mi29.1% (±9.2 points)Not measurably different
The Crossings1.9 mi27.4% (±4.0 points)Not measurably different
Country Walk2.2 mi20.1% (±5.8 points)Lower
Palmetto Estates2.8 mi13.7% (±3.6 points)Lower
Richmond West3.0 mi16.2% (±3.2 points)Lower
Kendall3.4 mi37.8% (±2.8 points)Not measurably different
West Perrine3.4 mi46.3% (±8.3 points)Higher
The Hammocks3.6 mi37.3% (±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

RankPlaceHouseholds that rent
43Coral Gables35.5% (±2.8 points)
44 (tie)Ojus34.8% (±5.9 points)
44 (tie)Westchester34.8% (±3.4 points)
46Westview34.5% (±8.7 points)
47Medley34.0% (±11.8 points)
48 (tie)Key Biscayne33.4% (±4.5 points)
48 (tie)Three Lakes33.4% (±5.0 points)
50Princeton30.7% (±4.7 points)
51Cutler Bay30.3% (±3.1 points)
52Richmond Heights29.1% (±9.2 points)
53Kendale Lakes29.0% (±3.4 points)
54Tamiami28.3% (±3.6 points)
55The Crossings27.4% (±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.

What you can do on Seayora in Three Lakes

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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

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.

Request a Census API 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 .

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