Rents are 13% below what New Port Richey'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 $1,790 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
March. Asking rents in New Port Richey usually run 0.7% below trend in March and 0.5% above it in June, about $21 a month apart at today's median. Based on 11 years of data.
Rent in New Port Richey is 0.6% below its high of $1,800 in April 2025, at $1,790 as of September 2026.
Rent in New Port Richey changed +0.3% 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 New Port Richey rose 58% while median household income rose 34.5% ($35,384 to $47,606). Rent outpaced income.
Rent in New Port Richey is 56.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($47,606) is $1,190 a month. That is less than HUD's Fair Market Rent for a studio ($1,495).
The priciest of 4 ZIP codes in New Port Richey, 34654 ($1,971/mo), costs 23% more than the cheapest, 34653 ($1,596/mo).
From Zillow's monthly rent index (ZORI) for New Port Richey. 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
New Port Richey, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 16.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How New Port Richey, FL has changed in 5 years
The median rent in New Port Richey, FL stood at $1,291 in 2021 and currently runs about $1,790, reflecting a 38.7% increase over the period. On the earnings side, the typical household in New Port Richey, FL now reports about $47,606, up from $40,319 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.6% since 2021, moving from about 16,348 residents to roughly 17,425. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and New Port Richey, FL reflects that arc in its own way.
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At $1,790/mo, how New Port Richey rent compares to typical pay (30% rule).
New Port Richey rent by bedroom count
Median rent for each apartment size in New Port Richey. Click any size for full breakdown.
Tips for renters in New Port Richey
Last updated: October 17, 2026
The median rent in New Port Richey is $1,790/mo as of October 2026. A studio apartment averages $1,495/mo while a 2-bedroom runs $1,890/mo. One-bedroom apartments average $1,608/mo and 3-bedroom units go for $2,420/mo.
At 45% of local median household income ($47,606/yr), New Port Richey ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than New Port Richey?
At $1,790/mo, rent takes ~45% of New Port Richey's median household income ($47,606/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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