Wellington, FL Rental Market Trends
Highlights
The average rent for an apartment in Wellington is $1,810, a 5% increase compared to the previous year, when the average rent was $1,722.
Average Rent in Wellington, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,810 | 5% | 1,122 sq. ft. |
The average size for a Wellington, FL apartment is 1,122 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Wellington, FL Apartment Rent Ranges
- $1,001-$1,50010%
- $1,501-$2,00072%
- > $2,00019%
Wellington, FL Occupied Housing Units
- Renter-occupied Households21%
- Owner-occupied Households78%
4,417 or 21% of the households in Wellington, FL are renter-occupied while 16,119 or 78% are owner-occupied.
Wellington, FL Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Wellington, FL | $1,666 | $1,668 | $1,640 | $1,647 | $1,647 | $1,722 | $1,721 | $1,725 | $1,810 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
How Wellington Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,100 | 3% |
| Tampa | $1,345 | 4% |
| Miami | $1,707 | 3% |
| Kissimmee | $1,381 | 5% |
| Homestead | $1,294 | 7% |
| West Palm Beach | $1,484 | 3% |
| Boynton Beach | $1,594 | 3% |
| Lake Worth | $1,471 | 4% |
| Royal Palm Estates | $1,279 | -1% |
| Greenacres | $1,353 | n/a |
| Wellington | $1,810 | 5% |
For more information about the Wellington rental trends, check out our monthly rent report
Check out Florida Cities, Florida Neighborhoods and Florida Zip Codes for more details on verified listings, including the Florida Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!