City Report · FL

Tarpon Springs

Pop. 25,791·178th most expensive in Florida·Tarpon Springs rents have dropped 10.4%, currently a renter's market
Median rent (all units)
$2,038/mo
Year-over-Year
-10.4%
Month-over-Month
-6.0%
vs US Median
+$73
Falling (Monthly)
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Most AffordableMost Expensive
Tarpon Springs · $2,038
More expensive than 61% of US cities · National median $1,965/mo
Rent Reality Score
92/100
Great value
OverheatedFairGreat value

Rents are 21% below what Tarpon Springs's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,038/mo
Expected by trend
$2,584/mo
The Rent Reality Score compares today's median rent to where Tarpon Springs's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,310
1 BR
$1,410
2 BR
$1,660
3 BR
$2,130
4 BR+
$2,590
Research median
$1,660/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,456/yr
At $2,038/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 10.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-10.4% YoY, -6.0% MoM), not inventory.
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Demographics

Who lives here

Tarpon Springs, FL is majority owner-occupied, has a large retiree population, 34.7% of residents hold a bachelor's degree or higher.

Population
25,791
Median income
$79,529
Median age
55.4
Renters
19%
Age distribution
17.8%
19.9%
21.1%
30%
Under 1811.2%
18–3417.8%
35–5419.9%
55–6421.1%
65+30%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
81.3%
White81.3%
Black5.9%
Hispanic10.5%
Other1.9%
Education (25+)
28.9%
29.9%
34.7%
No HS diploma6.4%
HS diploma28.9%
Some college29.9%
Bachelor's+34.7%
Housing tenure
81%
19%
Owner81%
Renter19%

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

2021 vs 2026

How Tarpon Springs, FL has changed in 5 years

Rent
$1,619 → $2,038
up 25.9%
Income
$58,328 → $79,529
up 36.3%
Population
25,138 → 25,791
up 2.6%
Renter share
23% → 19%
-4.0 pts
Bachelor's+
32.4% → 34.7%
+2.3 pts
Median age
53 → 55.4
+2.4 yrs

Since 2021, the typical rent in Tarpon Springs, FL has increased from $1,619 to $2,038, a 25.9% change over five years. Median household income rose from $58,328 to $79,529 between 2021 and 2024, a 36.3% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.6% since 2021, moving from about 25,138 residents to roughly 25,791. Renters now make up 19% of households, compared with 23% five years ago. College-educated residents now make up 34.7% of adults here, versus 32.4% in 2021. Taken together, the five-year picture in Tarpon Springs, 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 Tarpon Springs rent history (2015–2026) →
Salary vs rent

Can you afford rent in Tarpon Springs on your salary?

At $2,038/mo, how Tarpon Springs rent compares to typical pay (30% rule).

By apartment size

Tarpon Springs rent by bedroom count

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

Local insights

Tips for renters in Tarpon Springs

About renting in Tarpon Springs, FL

Last updated: July 20, 2026

The median rent in Tarpon Springs is $2,038/mo as of July 2026. A studio apartment averages $1,310/mo while a 2-bedroom runs $1,660/mo. One-bedroom apartments average $1,410/mo and 3-bedroom units go for $2,130/mo.

At 31% of local median household income ($79,529/yr), Tarpon Springs ranks as moderate compared to the national benchmark of 30%. Rents have decreased 10.4% over the past year.

FAQ

Frequently asked questions

Is Tarpon Springs an affordable city for renters?

Tarpon Springs is considered moderate for renters. At $2,038/mo, rent takes approximately 31% of the local median household income ($79,529/yr). The standard benchmark is 30%. Tarpon Springs slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Tarpon Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,038/mo in Tarpon Springs. The local median household income is $79,529/yr, meaning the typical Tarpon Springs household falls short of that threshold.

Is rent going up or down in Tarpon Springs?

Rent in Tarpon Springs has decreased 10.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Tarpon Springs rent compare to other cities in Florida?

Tarpon Springs is middle-of-the-pack for Florida for rent, ranking #178 out of 288 tracked cities at $2,038/mo.

Which nearby cities are cheaper to rent in than Tarpon Springs?

Several nearby cities have lower median rents than Tarpon Springs ($2,038/mo): Holiday ($1,672/mo), New Port Richey ($1,781/mo), Palm Harbor ($1,845/mo).

What percentage of Tarpon Springs residents rent vs. own?

According to Census data, approximately 19% of Tarpon Springs households are renters, while 81% are owner-occupied. Tarpon Springs leans toward homeownership, which can mean a smaller rental inventory.

How does Tarpon Springs rent compare to the national average?

Tarpon Springs's median rent of $2,038/mo is $73 (4%) above the US national median of $1,965/mo. Within Florida, it ranks #178 out of 288 tracked cities.
Income Affordability
31%
MODERATE

At $2,038/mo, rent takes ~31% of Tarpon Springs's median household income ($79,529/yr). The standard benchmark is 30%.

Tarpon Springs 31%Benchmark 30%
State income taxNone
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Neighborhoods

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Schools nearby

Public schools near Tarpon Springs, FL

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