Rents are 15% below what Largo's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,754 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
November. Asking rents in Largo usually run 0.8% below trend in November and 0.7% above it in August, about $26 a month apart at today's median. Based on 11 years of data.
Rent in Largo is 2.7% below its high of $1,803 in March 2025, at $1,754 as of September 2026.
Rent in Largo changed -1.3% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in Largo rose 58.4% while median household income rose 40.1% ($44,323 to $62,096). Rent outpaced income.
Rent in Largo is 54.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 3 months in a row, and rose in 4 of the last 12 months.
30% of the median household income ($62,096) is $1,552 a month. That covers HUD's Fair Market Rent for up to a studio ($1,504); a 1-bedroom is $1,620.
The priciest of 5 ZIP codes in Largo, 33773 ($2,425/mo), costs 1.5 times the cheapest, 33771 ($1,614/mo).
From Zillow's monthly rent index (ZORI) for Largo. 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.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Largo, FL has changed in 5 years
The median rent in Largo, FL stood at $1,255 in 2021 and currently runs about $1,754, reflecting a 39.8% 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.
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At $1,754/mo, how Largo rent compares to typical pay (30% rule).
Largo rent by bedroom count
Median rent for each apartment size in Largo. Click any size for full breakdown.
Tips for renters in Largo
Last updated: October 17, 2026
The median rent in Largo is $1,754/mo as of October 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 34% of local median household income ($62,096/yr), Largo ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.4% over the past year.
Frequently asked questions
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How does Largo rent compare to other cities in Florida?
At $1,754/mo, rent takes ~34% of Largo's median household income ($62,096/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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