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VACANCY
Apartment
The average Vacancy Rate was 7.1% in the Fort Lauderdale metro
Distribution / Warehousing
The average Vacancy Rate was 5.0% in the Fort Lauderdale metro
Flex / R&D
The average Vacancy Rate was 2.3% in the Fort Lauderdale metro
- The Fort Lauderdale metro had the lowest vacancy in the nation.
- Vacancy in the Fort Lauderdale metro drifted upward by 10 basis points.
- The Fort Lauderdale metro had the highest vacancy level since Q1 2022.
Office
The average Vacancy Rate was 18.7% in the Fort Lauderdale metro
Retail
The average Vacancy Rate was 8.9% in the Fort Lauderdale metro
- Vacancy in the Fort Lauderdale metro drifted downward by 20 basis points.
- The Fort Lauderdale metro was among the 20 lowest vacancies nationally.
RENT
Apartment
The average Asking Rent was $2,395 in the Fort Lauderdale metro
Distribution / Warehousing
The average Asking Rent was $10.37 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 0.5% from year-end 2024.
- Rent has risen in every quarter since Q1 2014 in the Fort Lauderdale metro.
Flex / R&D
The average Asking Rent was $13.52 in the Fort Lauderdale metro
Office
The average Asking Rent was $32.14 in the Fort Lauderdale metro
- Rent in the Fort Lauderdale metro was up 0.6% from year-end 2024.
- Rent Has risen for ten consecutive quarters in the Fort Lauderdale metro.
Retail
The average Asking Rent was $22.55 in the Fort Lauderdale metro
- The Fort Lauderdale metro had the fastest rent growth in the South Atlantic region, fifth most rapid in the nation.
- Rent Has risen for seven consecutive quarters in the Fort Lauderdale metro.
VACANCY
Apartment
The average Vacancy Rate was 7.9% in the Jacksonville metro
- Vacancy in the Jacksonville metro fell by 100 basis points.
- The Jacksonville metro was among the 20 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 5.3% in the Jacksonville metro
Flex / R&D
The average Vacancy Rate was 4.1% in the Jacksonville metro
- Vacancy in the Jacksonville metro drifted upward by 30 basis points.
- The Jacksonville metro was among the 20 lowest vacancies nationally.
Office
The average Vacancy Rate was 23.0% in the Jacksonville metro
Retail
The average Vacancy Rate was 10.4% in the Jacksonville metro
RENT
Apartment
The average Asking Rent was $1,380 in the Jacksonville metro
Distribution / Warehousing
The average Asking Rent was $5.81 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.5% from year-end 2024.
- Rent has risen in every quarter since Q2 2015 in the Jacksonville metro.
Flex / R&D
The average Asking Rent was $10.70 in the Jacksonville metro
- Rent in the Jacksonville metro was up 0.3% from year-end 2024.
- Rent has risen in every quarter since Q3 2020 in the Jacksonville metro.
Office
The average Asking Rent was $20.73 in the Jacksonville metro
Retail
The average Asking Rent was $18.26 in the Jacksonville metro
VACANCY
Apartment
The average Vacancy Rate was 6.9% in the Miami metro
Distribution / Warehousing
The average Vacancy Rate was 4.1% in the Miami metro
Flex / R&D
The average Vacancy Rate was 2.4% in the Miami metro
- The Miami metro had the second lowest vacancy in the nation, behind only Fort Lauderdale.
- Vacancy in the Miami metro drifted upward by 10 basis points.
- The Miami metro had the highest vacancy level since year-end 2021.
Office
The average Vacancy Rate was 15.2% in the Miami metro
- The Miami metro had the tenth lowest vacancy in the nation and the fifth lowest in the South Atlantic.
- Vacancy in the Miami metro drifted downward by 10 basis points.
- The Miami metro had the lowest vacancy level since Q3 2018.
Retail
The average Vacancy Rate was 6.9% in the Miami metro
- The Miami metro had the seventh lowest vacancy in the nation and the third lowest in the South Atlantic.
- No vacancy change since year-end 2024 in the Miami metro.
- The Miami metro had the highest vacancy level since Q2 2014.
RENT
Apartment
The average Asking Rent was $2,575 in the Miami metro
- Rent in the Miami metro was up 0.1% from year-end 2024.
- Rent has risen in every quarter since Q1 2021 in the Miami metro.
Distribution / Warehousing
The average Asking Rent was $10.65 in the Miami metro
Flex / R&D
The average Asking Rent was $16.10 in the Miami metro
Office
The average Asking Rent was $40.57 in the Miami metro
- Rent in the Miami metro was up 0.7% from year-end 2024.
- Rent has risen in every quarter since Q3 2013 in the Miami metro.
Retail
The average Asking Rent was $30.48 in the Miami metro
VACANCY
Apartment
The average Vacancy Rate was 8.0% in the Orlando metro
- Vacancy in the Orlando metro fell by 50 basis points.
- The Orlando metro was among the 20 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 6.3% in the Orlando metro
Flex / R&D
The average Vacancy Rate was 3.7% in the Orlando metro
- The Orlando metro had the seventh lowest vacancy in the nation and the fourth lowest in the South Atlantic.
- No vacancy change since year-end 2024 in the Orlando metro.
Office
The average Vacancy Rate was 18.1% in the Orlando metro
- Vacancy in the Orlando metro drifted upward by 20 basis points.
- The Orlando metro had the highest vacancy level since Q1 2014.
Retail
The average Vacancy Rate was 10.4% in the Orlando metro
RENT
Apartment
The average Asking Rent was $1,679 in the Orlando metro
Distribution / Warehousing
The average Asking Rent was $7.59 in the Orlando metro
- Rent in the Orlando metro was up 0.5% from year-end 2024.
- Rent has risen in every quarter since Q2 2020 in the Orlando metro.
Flex / R&D
The average Asking Rent was $10.89 in the Orlando metro
Office
The average Asking Rent was $26.28 in the Orlando metro
- Rent in the Orlando metro was up 0.9% from year-end 2024.
- Orlando metro had its fastest rent rate of increase in six quarters.
Retail
The average Asking Rent was $20.91 in the Orlando metro
VACANCY
Apartment
The average Vacancy Rate was 7.5% in the Palm Beach metro
- Vacancy in the Palm Beach metro drifted downward by 30 basis points.
- The Palm Beach metro was among the 20 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 4.0% in the Palm Beach metro
Flex / R&D
The average Vacancy Rate was 3.2% in the Palm Beach metro
- The Palm Beach metro had the fifth lowest vacancy in the nation and the third lowest in the South Atlantic.
- Vacancy in the Palm Beach metro drifted downward by 20 basis points.
Office
The average Vacancy Rate was 12.3% in the Palm Beach metro
- The Palm Beach metro had the lowest vacancy in the nation.
- Vacancy in the Palm Beach metro drifted downward by 40 basis points.
- The Palm Beach metro had the lowest vacancy level since year-end 2007.
Retail
The average Vacancy Rate was 10.2% in the Palm Beach metro
RENT
Apartment
The average Asking Rent was $2,398 in the Palm Beach metro
Distribution / Warehousing
The average Asking Rent was $9.34 in the Palm Beach metro
- Rent in the Palm Beach metro was up 0.2% from year-end 2024.
- Rent has risen in every quarter since Q1 2021 in the Palm Beach metro.
Flex / R&D
The average Asking Rent was $14.12 in the Palm Beach metro
- Rent in the Palm Beach metro was up 0.4% from year-end 2024.
- Rent Has risen for eight consecutive quarters in the Palm Beach metro.
Office
The average Asking Rent was $39.89 in the Palm Beach metro
- The Palm Beach metro had the fastest rent growth in the nation.
- Rent has risen in every quarter since Q1 2021 in the Palm Beach metro.
Retail
The average Asking Rent was $25.81 in the Palm Beach metro
VACANCY
Apartment
The average Vacancy Rate was 6.5% in the Tampa-St. Petersburg metro
Distribution / Warehousing
The average Vacancy Rate was 2.5% in the Tampa-St. Petersburg metro
- The Tampa-St. Petersburg metro had the fourth lowest vacancy in the nation, and the second in the South Atlantic region, behind only Lexington.
- Vacancy in the Tampa-St. Petersburg metro drifted upward by 10 basis points.
Flex / R&D
The average Vacancy Rate was 5.5% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro drifted downward by 30 basis points.
- The Tampa-St. Petersburg metro was among the 20 lowest vacancies nationally.
Office
The average Vacancy Rate was 20.1% in the Tampa-St. Petersburg metro
Retail
The average Vacancy Rate was 9.0% in the Tampa-St. Petersburg metro
- Vacancy in the Tampa-St. Petersburg metro drifted upward by 20 basis points.
- The Tampa-St. Petersburg metro had the highest vacancy level since Q1 2023.
RENT
Apartment
The average Asking Rent was $1,715 in the Tampa-St. Petersburg metro
Distribution / Warehousing
The average Asking Rent was $7.14 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.7% from year-end 2024.
- Tampa-St. Petersburg metro had its fastest rent rate of increase in six quarters.
- Rent has risen in every quarter since year-end 2019 in the Tampa-St. Petersburg metro.
Flex / R&D
The average Asking Rent was $10.17 in the Tampa-St. Petersburg metro
- The Tampa-St. Petersburg metro had the fourth fastest rent growth in the nation, and the second in the South Atlantic region, behind only Memphis.
- Rent has risen in every quarter since Q3 2020 in the Tampa-St. Petersburg metro.
Office
The average Asking Rent was $27.51 in the Tampa-St. Petersburg metro
- Rent in the Tampa-St. Petersburg metro was up 0.7% from year-end 2024.
- Rent Has risen for eleven consecutive quarters in the Tampa-St. Petersburg metro.