City Report · FL

New Port Richey

Pop. 17,425·240th most expensive in Florida·Rental market data updated monthly for New Port Richey, FL
Median rent (all units)
$1,781/mo
Year-over-Year
-4.1%
Month-over-Month
-1.1%
vs US Median
-$184
Falling (Monthly)
Be the first to discuss New Port Richey rents
Most AffordableMost Expensive
New Port Richey · $1,781
More affordable than 55% of US cities · National median $1,965/mo
Rent Reality Score
83/100
Great value
OverheatedFairGreat value

Rents are 17% below what New Port Richey's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,781/mo
Expected by trend
$2,134/mo
The Rent Reality Score compares today's median rent to where New Port Richey's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,495
1 BR
$1,608
2 BR
$1,890
3 BR
$2,420
4 BR+
$2,945
Research median
$1,890/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$21,372/yr
At $1,781/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.1% YoY, -1.1% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

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.

Population
17,425
Median income
$47,606
Median age
53.6
Renters
43.1%
Age distribution
17.8%
23.3%
17.7%
29.9%
Under 1811.4%
18–3417.8%
35–5423.3%
55–6417.7%
65+29.9%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
76.8%
17.2%
White76.8%
Black5.5%
Hispanic17.2%
Education (25+)
41.4%
32.5%
16.2%
No HS diploma9.9%
HS diploma41.4%
Some college32.5%
Bachelor's+16.2%
Housing tenure
56.9%
43.1%
Owner56.9%
Renter43.1%

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

2021 vs 2026

How New Port Richey, FL has changed in 5 years

Rent
$1,335 → $1,781
up 33.4%
Income
$40,319 → $47,606
up 18.1%
Population
16,348 → 17,425
up 6.6%
Renter share
44.2% → 43.1%
-1.1 pts
Bachelor's+
15.5% → 16.2%
+0.7 pts
Median age
52.3 → 53.6
+1.3 yrs

The median rent in New Port Richey, FL stood at $1,335 in 2021 and currently runs about $1,781, reflecting a 33.4% 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.

Community

Discussions about New Port Richey

No discussions yet. Start the conversation.

View New Port Richey rent history (2015–2026) →
Salary vs rent

Can you afford rent in New Port Richey on your salary?

At $1,781/mo, how New Port Richey rent compares to typical pay (30% rule).

By apartment size

New Port Richey rent by bedroom count

Median rent for each apartment size in New Port Richey. Click any size for full breakdown.

Local insights

Tips for renters in New Port Richey

About renting in New Port Richey, FL

Last updated: July 20, 2026

The median rent in New Port Richey is $1,781/mo as of July 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 decreased 4.1% over the past year.

FAQ

Frequently asked questions

Is New Port Richey an affordable city for renters?

New Port Richey is considered stretched for renters. At $1,781/mo, rent takes approximately 45% of the local median household income ($47,606/yr). The standard benchmark is 30%. New Port Richey significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in New Port Richey?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,781/mo in New Port Richey. The local median household income is $47,606/yr, meaning the typical New Port Richey household falls short of that threshold.

Is rent going up or down in New Port Richey?

Rent in New Port Richey has decreased 4.1% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which New Port Richey neighborhoods have the lowest rent?

The most affordable ZIP codes in New Port Richey are 34652 ($1,595/mo), 34653 ($1,664/mo), and 34654 ($1,766/mo). Citywide, the median rent in New Port Richey is $1,781/mo.

How does New Port Richey rent compare to other cities in Florida?

New Port Richey is one of the more affordable cities in Florida for rent, ranking #240 out of 288 tracked cities at $1,781/mo.

Which nearby cities are cheaper to rent in than New Port Richey?

Several nearby cities have lower median rents than New Port Richey ($1,781/mo): Holiday ($1,672/mo), Port Richey ($1,678/mo).

What percentage of New Port Richey residents rent vs. own?

According to Census data, approximately 43.1% of New Port Richey households are renters, while 56.9% are owner-occupied. New Port Richey leans toward homeownership, which can mean a smaller rental inventory.

How does New Port Richey rent compare to the national average?

New Port Richey's median rent of $1,781/mo is $184 (9%) below the US national median of $1,965/mo. Within Florida, it ranks #240 out of 288 tracked cities.
Income Affordability
45%
STRETCHED

At $1,781/mo, rent takes ~45% of New Port Richey's median household income ($47,606/yr). The standard benchmark is 30%.

New Port Richey 45%Benchmark 30%
State income taxNone
Run the New Port Richey affordability calculator →
Lowest-rent ZIP codes in New Port Richey
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near New Port Richey, FL

Recent submissions

Be the first to submit your rent for New Port Richey.

Recent discussions

No discussions yet.