City Report · FL

Seminole

Pop. 19,396·118th most expensive in Florida·Rental market data updated monthly for Seminole, FL
Median rent (all units)
$2,228/mo
Year-over-Year
+0.5%
Month-over-Month
Stable
vs US Median
+$296
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Seminole · $2,228
More expensive than 71% of US cities · National median $1,932/mo
Rent Reality Score
73/100
Good value
OverheatedFairGreat value

Rents are 12% below what Seminole's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,228/mo
Expected by trend
$2,522/mo
The Rent Reality Score compares today's median rent to where Seminole's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,923
1 BR
$2,073
2 BR
$2,430
3 BR
$3,110
4 BR+
$3,787
Fair Market Rent (HUD)
$2,430/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,228 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Seminole is 0.8% below its high of $2,245 in July 2025, at $2,228 as of September 2026.

Past year vs. the rest of Florida

Rent in Seminole changed +0.5% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Seminole rose 59.3% while median household income rose 40.4% ($53,975 to $75,774). Rent outpaced income.

Since before the pandemic

Rent in Seminole is 65% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($75,774) is $1,894 a month. That is less than HUD's Fair Market Rent for a studio ($1,923).

Spread across ZIP codes

The priciest of 3 ZIP codes in Seminole, 33776 ($3,807/mo), costs 1.9 times the cheapest, 33772 ($2,047/mo).

Cheaper nearby

Largo, 3 miles away, rents for 21% less ($1,754/mo), about $5,700 a year in savings.

From Zillow's monthly rent index (ZORI) for Seminole. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$26,736/yr
At $2,228/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.5% YoY, -0.0% MoM), not inventory.
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Demographics

Who lives here

Seminole, FL is majority owner-occupied, has a large retiree population, 36.3% of residents hold a bachelor's degree or higher.

Population
19,396
Median income
$75,774
Median age
55.3
Renters
27.3%
Age distribution
13.2%
13.8%
22.6%
16.8%
33.5%
Under 1813.2%
18–3413.8%
35–5422.6%
55–6416.8%
65+33.5%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
81.5%
White81.5%
Black2.7%
Hispanic11.2%
Asian3.2%
Other1.4%
Education (25+)
22.8%
35.7%
36.3%
No HS diploma5.2%
HS diploma22.8%
Some college35.7%
Bachelor's+36.3%
Housing tenure
72.7%
27.3%
Owner72.7%
Renter27.3%

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

2021 vs 2026

How Seminole, FL has changed in 5 years

Rent
$1,536 → $2,228
up 45.1%
Income
$63,352 → $75,774
up 19.6%
Population
19,224 → 19,396
up 0.9%
Renter share
26.5% → 27.3%
+0.8 pts
Bachelor's+
34.5% → 36.3%
+1.8 pts
Median age
53.2 → 55.3
+2.1 yrs

Since 2021, the typical rent in Seminole, FL has increased from $1,536 to $2,228, a 45.1% change over five years. Median household income rose from $63,352 to $75,774 between 2021 and 2024, a 19.6% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Taken together, the five-year picture in Seminole, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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

Can you afford rent in Seminole on your salary?

At $2,228/mo, how Seminole rent compares to typical pay (30% rule).

By apartment size

Seminole rent by bedroom count

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

Local insights

Tips for renters in Seminole

About renting in Seminole, FL

Last updated: October 17, 2026

The median rent in Seminole is $2,228/mo as of October 2026. A studio apartment averages $1,923/mo while a 2-bedroom runs $2,430/mo. One-bedroom apartments average $2,073/mo and 3-bedroom units go for $3,110/mo.

At 35% of local median household income ($75,774/yr), Seminole ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Seminole?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (about $43/hour full-time) to afford the median rent of $2,228/mo in Seminole. The local median household income is $75,774/yr, so the typical household falls short of that bar.

Is rent going up or down in Seminole?

Rent in Seminole has been roughly flat over the past year as of September 2026, a +0.5% change. It sits 0.8% below its high of $2,245 in July 2025.

Has rent outpaced income in Seminole?

Yes. From 2019 to 2024, rent in Seminole rose 59.3% while median household income rose 40.4%, from $53,975 to $75,774. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Seminole neighborhoods have the lowest rent?

The most affordable ZIP codes in Seminole are 33772 ($2,047/mo), 33777 ($2,199/mo), and 33776 ($3,807/mo). Citywide, the median rent is $2,228/mo.

How does Seminole rent compare to other cities in Florida?

Seminole is in the middle among Florida cities for rent, ranking #118 of 289 tracked cities at $2,228/mo. Over the year to September 2026, rent in Seminole changed +0.5%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Seminole?

Nearby cities with lower median rent than Seminole ($2,228/mo) include Largo ($1,754/mo), Pinellas Park ($2,077/mo), and Madeira Beach ($2,146/mo).
Income Affordability
35%
MODERATE

At $2,228/mo, rent takes ~35% of Seminole's median household income ($75,774/yr). The standard benchmark is 30%.

Seminole 35%Benchmark 30%
State income taxNone
Run the Seminole affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Seminole, FL

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