City Report · FL

Greater Carrollwood

·245th most expensive in Florida·Rental market data updated monthly for Greater Carrollwood, FL
Median rent (all units)
$1,735/mo
Year-over-Year
-3.3%
Month-over-Month
+1.7%
vs US Median
-$197
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Greater Carrollwood · $1,735
More affordable than 57% of US cities · National median $1,932/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,735/mo, rent takes about 29% of the US median household income, comfortably within the 30% benchmark.

Income to afford
$69,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Greater Carrollwood's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,280
1 BR
$1,374
2 BR
$1,612
3 BR
$2,068
4 BR+
$2,509
Research median
$1,612/mo

Bedroom figures are derived from HUD Fair Market Rents and scaled to match Greater Carrollwood's market median, because the published HUD values all ran above it. They are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: March 21, 2026

From the history

What the numbers show

Past year vs. the rest of Florida

Rent in Greater Carrollwood changed -3.3% over the year to February 2026. Across the 259 Florida cities Zillow tracks, the typical change was +0.6%.

Recent direction

Rent rose in 6 of the last 12 months.

Cheaper nearby

Egypt Lake-Leto, 5 miles away, rents for 12% less ($1,531/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Greater Carrollwood.

Annual cost
$20,820/yr
At $1,735/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-3.3% YoY, +1.7% MoM), not inventory.
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Community

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View Greater Carrollwood rent history (2015–2026) →
Salary vs rent

Can you afford rent in Greater Carrollwood on your salary?

At $1,735/mo, how Greater Carrollwood rent compares to typical pay (30% rule).

By apartment size

Greater Carrollwood rent by bedroom count

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

Local insights

Tips for renters in Greater Carrollwood

About renting in Greater Carrollwood, FL

Last updated: March 21, 2026

The median rent in Greater Carrollwood is $1,735/mo as of March 2026. A studio apartment averages $1,280/mo while a 2-bedroom runs $1,612/mo. One-bedroom apartments average $1,374/mo and 3-bedroom units go for $2,068/mo.

At 29% of estimated US median household income ($72,000/yr), Greater Carrollwood ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Greater Carrollwood?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,735/mo in Greater Carrollwood.

Is rent going up or down in Greater Carrollwood?

Rent in Greater Carrollwood has fallen 3.3% over the past year.

How does Greater Carrollwood rent compare to other cities in Florida?

Greater Carrollwood is one of the more affordable among Florida cities for rent, ranking #245 of 289 tracked cities at $1,735/mo. Over the year to February 2026, rent in Greater Carrollwood changed -3.3%, against a typical +0.6% across the 259 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Greater Carrollwood?

Nearby cities with lower median rent than Greater Carrollwood ($1,735/mo) include Egypt Lake-Leto ($1,531/mo).
Income Affordability
29%
AFFORDABLE

At $1,735/mo, rent takes ~29% of US median household income ($72,000/yr). The standard benchmark is 30%.

Greater Carrollwood 29%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in Greater Carrollwood
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Greater Carrollwood, FL

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