City Report · FL

Dunedin

Pop. 36,062·163rd most expensive in Florida·Dunedin rents are up 6.4% over the past year

Median rent (all units)

$2,050/mo

Year-over-Year

+6.4%

Month-over-Month

+1.0%

vs US Median

+$118

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

Dunedin · $2,050

More expensive than 63% of US cities · National median $1,932/mo

Rent Reality Score

72/100

Good value

OverheatedFairGreat value

Rents are 11% below what Dunedin's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,050/mo

Expected by trend

$2,301/mo

The Rent Reality Score compares today's median rent to where Dunedin's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,510

1 BR

$1,630

2 BR

$1,910

3 BR

$2,450

4 BR+

$2,980

Fair Market Rent (HUD)

$1,910/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,050 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Dunedin usually run 0.4% below trend in January and 0.7% above it in October, about $23 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Dunedin is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in Dunedin changed +6.4% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Dunedin rose 60.1% while median household income rose 47.9% ($50,356 to $74,477). Rent outpaced income.

Since before the pandemic

Rent in Dunedin is 67.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($74,477) is $1,862 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,630); a 2-bedroom is $1,910.

Cheaper nearby

Largo, 10 miles away, rents for 14% less ($1,754/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for Dunedin. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$24,600/yr

At $2,050/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.4% YoY, +1.0% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Dunedin, FL is majority owner-occupied, has a large retiree population, 39.5% of residents hold a bachelor's degree or higher.

Population

36,062

Median income

$74,477

Median age

Renters

28.9%

Age distribution

14.5%

20.1%

18.7%

35.3%

Under 1811.4%

18–3414.5%

35–5420.1%

55–6418.7%

65+35.3%

Gender

46.9%

53.1%

Male46.9%

Female53.1%

Race & ethnicity

85.6%

White85.6%

Black3.8%

Hispanic6.1%

Asian1.1%

Other3.4%

Education (25+)

23.8%

32.1%

39.5%

No HS diploma4.6%

HS diploma23.8%

Some college32.1%

Bachelor's+39.5%

Housing tenure

71.1%

28.9%

Owner71.1%

Renter28.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Dunedin, FL has changed in 5 years

Rent

$1,426 → $2,050

up 43.8%

Income

$55,729 → $74,477

up 33.6%

Population

36,110 → 36,062

down 0.1%

Renter share

29.6% → 28.9%

-0.7 pts

Bachelor's+

36.3% → 39.5%

+3.2 pts

The median rent in Dunedin, FL stood at $1,426 in 2021 and currently runs about $2,050, reflecting a 43.8% increase over the period. On the earnings side, the typical household in Dunedin, FL now reports about $74,477, up from $55,729 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 39.5% of adults here, versus 36.3% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Dunedin, FL reflects that arc in its own way.

Community

Discussions about Dunedin

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View Dunedin rent history (2015–2026) →

Salary vs rent

Can you afford rent in Dunedin on your salary?

At $2,050/mo, how Dunedin rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 28% income

affordable

Elementary School Teacher

Avg $62,384/yr · Rent = 39.4% income

stretched

Police Officer

Avg $71,861/yr · Rent = 34.2% income

stretched

Software Developer

Avg $128,442/yr · Rent = 19.2% income

very comfortable

Lawyer

Avg $164,117/yr · Rent = 15% income

very comfortable

Firefighter

Avg $58,413/yr · Rent = 42.1% income

rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 46.6% income

rent-burdened

Electrician

Avg $65,007/yr · Rent = 37.8% income

stretched

By apartment size

Dunedin rent by bedroom count

Median rent for each apartment size in Dunedin. Click any size for full breakdown.

Local insights

Tips for renters in Dunedin

About renting in Dunedin, FL

Last updated: October 17, 2026

The median rent in Dunedin is $2,050/mo as of October 2026. A studio apartment averages $1,510/mo while a 2-bedroom runs $1,910/mo. One-bedroom apartments average $1,630/mo and 3-bedroom units go for $2,450/mo.

At 33% of local median household income ($74,477/yr), Dunedin ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Dunedin?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (about $39/hour full-time) to afford the median rent of $2,050/mo in Dunedin. The local median household income is $74,477/yr, so the typical household falls short of that bar.

Is rent going up or down in Dunedin?

Rent in Dunedin has risen 6.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Dunedin?

Asking rents in Dunedin are usually lowest in January, about 0.4% below their yearly trend, and highest in October, about 0.7% above it. At today's median that is a gap of roughly $23 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Dunedin?

Yes. From 2019 to 2024, rent in Dunedin rose 60.1% while median household income rose 47.9%, from $50,356 to $74,477. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Dunedin rent compare to other cities in Florida?

Dunedin is in the middle among Florida cities for rent, ranking #163 of 289 tracked cities at $2,050/mo. Over the year to September 2026, rent in Dunedin changed +6.4%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Dunedin?

Nearby cities with lower median rent than Dunedin ($2,050/mo) include Palm Harbor ($1,961/mo), Clearwater ($1,975/mo), and Tarpon Springs ($2,002/mo).

Income Affordability

33%

MODERATE

At $2,050/mo, rent takes ~33% of Dunedin's median household income ($74,477/yr). The standard benchmark is 30%.

Dunedin 33%Benchmark 30%

State income taxNone

Run the Dunedin affordability calculator →

Nearby cities