Deltona Florida Residential Rent and Rental Statistics
The median monthly gross residential rent in Deltona, FL (the Deltona-Daytona Beach-Ormond Beach metro area) was $1,123 in 2019 according to the Census ACS survey.1 Average gross rent in Deltona was $1,099 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Deltona median and average rent data will be released in September of 2021.
Data is also available below for Deltona rental vacancy rates, Deltona rent as a percent of median income and the fraction of renters in Deltona.
Real Gross Rent in Deltona Florida (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Florida Median Gross Rent | $1,238 | +2.91% | +8.88% |
| Deltona, FL Median Gross Rent | $1,123 | +5.25% | +8.50% |
Deltona, FL Real Gross Rent Trends
At $1,123, real median gross rent in Deltona was at its highest level in 2019 since the series began in 2005. At $1,099, real average gross rent in Deltona was at its highest level in 2019 since the series began in 2005.
Real Gross Rent in Deltona: Deltona FL Median, Deltona FL Average, Florida Median, US Median
Real Gross Rent History for Deltona
| Date | US Median |
Florida Median |
Deltona, FL Median |
Deltona, FL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,238 | $1,123 | $1,099 |
| 2018 | $1,077 | $1,203 | $1,067 | $1,089 |
| 2017 | $1,043 | $1,163 | $1,079 | $1,056 |
| 2016 | $1,027 | $1,137 | $1,035 | $1,037 |
| 2015 | $1,017 | $1,110 | $1,016 | $1,018 |
| 2014 | $986 | $1,059 | $997 | $969 |
| 2013 | $953 | $1,024 | $967 | $960 |
| 2012 | $940 | $1,015 | $923 | $930 |
| 2011 | $941 | $1,025 | $933 | $946 |
| 2010 | $955 | $1,058 | $979 | $967 |
| 2009 | $960 | $1,085 | $948 | $947 |
| 2007 | $927 | $1,087 | $1,006 | $994 |
| 2005 | $910 | $1,011 | $955 | $931 |
Deltona Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Deltona Florida was 6.77% according to Census ACS data.
Rental Vacancy Rate in Deltona Florida
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Florida | 8.72% | +0.20% | +0.42% |
| Deltona, FL | 6.77% | +0.39% | -0.12% |
Trends in Deltona, FL Rental Vacancy Rate
The rental vacancy rate in Deltona peaked in 2007 at 13.34%. Since then it has fallen by 6.57% to 6.77%. Data records for this series originated in 2005. From a 2017 post peak low of 4.74%, the rental vacancy rate has increased by 2.03%.
Rental Vacancy Rate: Deltona FL, Florida, US
Historical Rental Vacancy Rate data for Deltona
| Date | US | Florida | Deltona, FL |
|---|---|---|---|
| 2019 | 5.97% | 8.72% | 6.77% |
| 2018 | 6.15% | 8.52% | 6.38% |
| 2017 | 6.18% | 9.16% | 4.74% |
| 2016 | 5.89% | 8.30% | 6.89% |
| 2015 | 5.85% | 7.79% | 6.22% |
| 2014 | 6.32% | 8.66% | 7.97% |
| 2013 | 6.49% | 9.22% | 7.49% |
| 2012 | 6.77% | 9.37% | 9.61% |
| 2011 | 7.40% | 10.91% | 11.21% |
| 2010 | 8.17% | 12.17% | 10.96% |
| 2009 | 8.43% | 13.16% | 11.27% |
| 2007 | 7.87% | 11.55% | 13.34% |
| 2005 | 7.74% | 7.72% | 9.21% |
Rent as a Fraction of Income
Using median household income data for Deltona, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Deltona, median monthly gross rent as a fraction of median household income was 24.71% in 2019 according to the ACS.
Deltona Florida Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Florida | 25.08% | -0.49% | -0.54% |
| Deltona, FL | 24.71% | +0.23% | -1.01% |
Trends in Deltona, FL Rent as a Fraction of Income
The fraction of median Deltona household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 27.13%. Since then it has fallen by 2.42% to 24.71%.
Fraction of Income towards Rent: Deltona FL, Florida, US
Historical Data for Annual Rent as a Fraction of Income in Deltona Florida
| Date | US | Florida | Deltona, FL |
|---|---|---|---|
| 2019 | 20.03% | 25.08% | 24.71% |
| 2018 | 20.50% | 25.57% | 24.48% |
| 2017 | 20.13% | 25.74% | 26.51% |
| 2016 | 20.43% | 25.62% | 25.72% |
| 2015 | 20.63% | 25.40% | 26.56% |
| 2014 | 20.89% | 25.36% | 26.67% |
| 2013 | 20.78% | 25.34% | 26.51% |
| 2012 | 20.65% | 25.42% | 25.97% |
| 2011 | 20.70% | 25.71% | 27.13% |
| 2010 | 20.50% | 25.59% | 25.30% |
| 2009 | 20.12% | 25.54% | 24.08% |
| 2007 | 18.66% | 23.22% | 24.30% |
| 2005 | 18.89% | 22.88% | 23.84% |
Renter Fraction in Deltona Florida
You can calculate the renter fraction in Deltona in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Deltona as a fraction of total Deltona households. In 2019 27.35% of households were renters according to Census ACS data.
Deltona Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Florida | 33.75% | -0.33% | -2.12% |
| Deltona, FL | 27.35% | -0.37% | -2.08% |
Trends in the Deltona, FL Renter Fraction
The Deltona household renter fraction peaked in in 2015 at 29.61% and is now 2.26% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Deltona FL, Florida, US
History of Deltona Renter Fraction
| Date | US | Florida | Deltona, FL |
|---|---|---|---|
| 2019 | 35.89% | 33.75% | 27.35% |
| 2018 | 36.05% | 34.08% | 27.72% |
| 2017 | 36.13% | 34.85% | 29.24% |
| 2016 | 36.88% | 35.87% | 29.43% |
| 2015 | 36.97% | 36.22% | 29.61% |
| 2014 | 36.90% | 35.95% | 28.91% |
| 2013 | 36.50% | 35.21% | 29.17% |
| 2012 | 36.09% | 34.36% | 29.57% |
| 2011 | 35.42% | 33.28% | 27.52% |
| 2010 | 34.65% | 31.85% | 25.28% |
| 2009 | 34.13% | 31.52% | 26.18% |
| 2007 | 32.80% | 29.39% | 23.98% |
| 2005 | 33.10% | 30.43% | 25.55% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
