Report: Florida ranks No. 3 in nation for build-to-rent housing market

The housing market both nationwide and in Florida has been impacted by high costs and interest rates for several years now, driving up the median age of homeownership and pushing many more Floridians into the rental market. 

With this in mind, builders and investors are continuing to go to a trendy solution: build-to-rent communities, which are targeted toward investors seeking steady tenants and renters who want a house without the burden of home ownership. 

These communities are popping up around the country. There are currently 110,727 single-family rentals under construction in 613 communities across the U.S., according to a new report released by Point2Homes, a rental home listing online platform.