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City Report · FL

Largo

Pop. 82,617·231st most expensive in Florida·Rental market data updated monthly for Largo, FL
Median rent (all units)
$1,822/mo
Year-over-Year
-3.4%
Month-over-Month
+3.0%
vs US Median
-$143
Rising (Monthly)
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Most AffordableMost Expensive
Largo · $1,822
More affordable than 52% of US cities · National median $1,965/mo
Rent Reality Score
78/100
Good value
OverheatedFairGreat value

Rents are 14% below what Largo's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,822/mo
Expected by trend
$2,121/mo
The Rent Reality Score compares today's median rent to where Largo's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,504
1 BR
$1,620
2 BR
$1,900
3 BR
$2,434
4 BR+
$2,962
Research median
$1,900/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,864/yr
At $1,822/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-3.4% YoY, +3.0% MoM), not inventory.
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Demographics

Who lives here

Largo, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 27.4% of residents hold a bachelor's degree or higher.

Population
82,617
Median income
$62,096
Median age
49.3
Renters
38.3%
Age distribution
14.8%
19.5%
22.5%
15.2%
28%
Under 1814.8%
18–3419.5%
35–5422.5%
55–6415.2%
65+28%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
71%
14.1%
White71%
Black10%
Hispanic14.1%
Asian3.8%
Other1.1%
Education (25+)
31.6%
32.3%
27.4%
No HS diploma8.7%
HS diploma31.6%
Some college32.3%
Bachelor's+27.4%
Housing tenure
61.7%
38.3%
Owner61.7%
Renter38.3%

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

2021 vs 2026

How Largo, FL has changed in 5 years

Rent
$1,284 → $1,822
up 41.9%
Income
$50,948 → $62,096
up 21.9%
Population
82,505 → 82,617
up 0.1%
Renter share
40.5% → 38.3%
-2.2 pts
Bachelor's+
25.4% → 27.4%
+2.0 pts
Median age
47.9 → 49.3
+1.4 yrs

The median rent in Largo, FL stood at $1,284 in 2021 and currently runs about $1,822, reflecting a 41.9% increase over the period. Census figures show median household income at $62,096 today, compared with $50,948 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 38.3% of households, compared with 40.5% five years ago. College-educated residents now make up 27.4% of adults here, versus 25.4% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Largo

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View Largo rent history (2015–2026) →
Salary vs rent

Can you afford rent in Largo on your salary?

At $1,822/mo, how Largo rent compares to typical pay (30% rule).

By apartment size

Largo rent by bedroom count

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

Local insights

Tips for renters in Largo

About renting in Largo, FL

Last updated: July 20, 2026

The median rent in Largo is $1,822/mo as of July 2026. A studio apartment averages $1,504/mo while a 2-bedroom runs $1,900/mo. One-bedroom apartments average $1,620/mo and 3-bedroom units go for $2,434/mo.

At 35% of local median household income ($62,096/yr), Largo ranks as moderate compared to the national benchmark of 30%. Rents have decreased 3.4% over the past year.

FAQ

Frequently asked questions

Is Largo an affordable city for renters?

Largo is considered moderate for renters. At $1,822/mo, rent takes approximately 35% of the local median household income ($62,096/yr). The standard benchmark is 30%. Largo slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Largo?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,822/mo in Largo. The local median household income is $62,096/yr, meaning the typical Largo household falls short of that threshold.

Is rent going up or down in Largo?

Rent in Largo has decreased 3.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Largo neighborhoods have the lowest rent?

The most affordable ZIP codes in Largo are 33771 ($1,740/mo), 33770 ($1,744/mo), and 33774 ($1,899/mo). Citywide, the median rent in Largo is $1,822/mo.

How does Largo rent compare to other cities in Florida?

Largo is one of the more affordable cities in Florida for rent, ranking #231 out of 288 tracked cities at $1,822/mo.

Which nearby cities are cheaper to rent in than Largo?

South Highpoint is nearby and more affordable at $1,758/mo, which is $64 less than Largo.

What percentage of Largo residents rent vs. own?

According to Census data, approximately 38.3% of Largo households are renters, while 61.7% are owner-occupied. Largo leans toward homeownership, which can mean a smaller rental inventory.

How does Largo rent compare to the national average?

Largo's median rent of $1,822/mo is $143 (7%) below the US national median of $1,965/mo. Within Florida, it ranks #231 out of 288 tracked cities.
Income Affordability
35%
MODERATE

At $1,822/mo, rent takes ~35% of Largo's median household income ($62,096/yr). The standard benchmark is 30%.

Largo 35%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Largo, FL

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