Best and worst months to rent in Florida

[Maria M.]

Hello, I am relatively new to landlording in Florida, and would like to know what are the best and worst months to find tenants. I have a tenant whose lease ends on August 31st, but he is okay extending it until January 31st, so I would like to know which date in your opinion would be best to find a new tenant. Thank you! 

[Michelle Frericks]

Where in Florida? In Northeast Florida my experience has been that it is slower in January/February as far as showing traffic/potential tenants. 

[Ecaterina Katerina Morosan]

Hi Maria,

It depends on the location and type of property. 

If it's a family style single family home or multifamily unit, unfurnished, in non-core areas, the timing doesn't really matter as most likely your tenants a re locals who can relocate at any time regardless of the season. 

If it's a condo rental in core/tourist areas of Miami, I'd say September would be better from our experience. February is going into off season so I wouldn't recommend unless you're priced below market value just to save on vacancy.

Hope this helps!

[Maria M.]

Quote from @Ecaterina Katerina Morosan:

Hi Maria,

It depends on the location and type of property. 

If it's a family style single family home or multifamily unit, unfurnished, in non-core areas, the timing doesn't really matter as most likely your tenants a re locals who can relocate at any time regardless of the season. 

If it's a condo rental in core/tourist areas of Miami, I'd say September would be better from our experience. February is going into off season so I wouldn't recommend unless you're priced below market value just to save on vacancy.

Hope this helps!

Thank you Ecaterina. It is a multifamily in non tourist area

[Maria M.]

Quote from @Michelle Frericks:

Where in Florida? In Northeast Florida my experience has been that it is slower in January/February as far as showing traffic/potential tenants. 

Thank you Michelle, the area is near West Palm Beach, South Florida