Rents are 7% below what Oldsmar'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 $2,015 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
Rent in Oldsmar is 4.6% below its high of $2,112 in December 2024, at $2,015 as of September 2026.
Rent in Oldsmar changed -1.0% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent has risen 4 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($88,333) is $2,208 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,960); a 3-bedroom is $2,510.
Largo, 12 miles away, rents for 13% less ($1,754/mo), about $3,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Oldsmar. 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
Oldsmar, FL is majority owner-occupied, 37.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Oldsmar, FL has changed in 5 years
Since 2022, the typical rent in Oldsmar, FL has climbed from $1,771 to $2,015, a 13.8% change over five years. Household income in the area moved from $67,389 to $88,333 across the same window, up 31.1% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. Renters now make up 23.1% of households, compared with 27.4% five years ago. College-educated residents now make up 37.4% of adults here, versus 34.6% in 2021. Reading these numbers side by side helps frame whether current listings in Oldsmar, FL look reasonable against where the market sat half a decade ago.
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Can you afford rent in Oldsmar on your salary?
At $2,015/mo, how Oldsmar rent compares to typical pay (30% rule).
Oldsmar rent by bedroom count
Median rent for each apartment size in Oldsmar. Click any size for full breakdown.
Tips for renters in Oldsmar
Last updated: October 17, 2026
The median rent in Oldsmar is $2,015/mo as of October 2026. A studio apartment averages $1,550/mo while a 2-bedroom runs $1,960/mo. One-bedroom apartments average $1,670/mo and 3-bedroom units go for $2,510/mo.
At 27% of local median household income ($88,333/yr), Oldsmar ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.0% over the past year.
Frequently asked questions
How much income do you need to rent in Oldsmar?
Is rent going up or down in Oldsmar?
How does Oldsmar rent compare to other cities in Florida?
Which nearby cities are cheaper to rent in than Oldsmar?
At $2,015/mo, rent takes ~27% of Oldsmar's median household income ($88,333/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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