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City Report · FL

Treasure Island

Pop. 6,553·108th most expensive in Florida·Treasure Island rents are up 7.9% over the past year
Median rent (all units)
$2,329/mo
Year-over-Year
+7.9%
Month-over-Month
+1.4%
vs US Median
+$364
Rising (Monthly)
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Most AffordableMost Expensive
Treasure Island · $2,329
More expensive than 74% of US cities · National median $1,965/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $2,329/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$93,000/yr
Local median income
$87,107/yr
Based on the 30%-of-income rule using Treasure Island's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$872
1 BR
$1,593
2 BR
$1,720
3 BR
$3,501
Research median
$1,720/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
$27,948/yr
At $2,329/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.9% YoY, +1.4% MoM), not inventory.
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Demographics

Who lives here

Treasure Island, FL is majority owner-occupied, has a large retiree population, 49.9% of residents hold a bachelor's degree or higher.

Population
6,553
Median income
$87,107
Median age
62.7
Renters
25.6%
Age distribution
17.5%
26.1%
43.4%
Under 183.5%
18–349.6%
35–5417.5%
55–6426.1%
65+43.4%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
92.5%
White92.5%
Black2.2%
Hispanic5.2%
Education (25+)
15.1%
32.4%
49.9%
No HS diploma2.5%
HS diploma15.1%
Some college32.4%
Bachelor's+49.9%
Housing tenure
74.4%
25.6%
Owner74.4%
Renter25.6%

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

2021 vs 2026

How Treasure Island, FL has changed in 5 years

Income
$79,491 → $87,107
up 9.6%
Population
6,620 → 6,553
down 1.0%
Renter share
24% → 25.6%
+1.6 pts
Bachelor's+
46.3% → 49.9%
+3.6 pts
Median age
61.5 → 62.7
+1.2 yrs

Census figures show median household income at $87,107 today, compared with $79,491 five years earlier. Headcount in the area went from 6,620 to 6,553 between 2021 and 2024, a 1.0% change. About 25.6% of households rent today, against 24% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 46.3% to 49.9%.

Community

Discussions about Treasure Island

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View Treasure Island rent history (2015–2026) →
Salary vs rent

Can you afford rent in Treasure Island on your salary?

At $2,329/mo, how Treasure Island rent compares to typical pay (30% rule).

By apartment size

Treasure Island rent by bedroom count

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

Local insights

Tips for renters in Treasure Island

About renting in Treasure Island, FL

Last updated: July 20, 2026

The median rent in Treasure Island is $2,329/mo as of July 2026. A studio apartment averages $872/mo while a 2-bedroom runs $1,720/mo. One-bedroom apartments average $1,593/mo and 3-bedroom units go for $3,501/mo.

At 32% of local median household income ($87,107/yr), Treasure Island ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.9% over the past year.

FAQ

Frequently asked questions

Is Treasure Island an affordable city for renters?

Treasure Island is considered moderate for renters. At $2,329/mo, rent takes approximately 32% of the local median household income ($87,107/yr). The standard benchmark is 30%. Treasure Island slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Treasure Island?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,329/mo in Treasure Island. The local median household income is $87,107/yr, meaning the typical Treasure Island household falls short of that threshold.

Is rent going up or down in Treasure Island?

Rent in Treasure Island has increased 7.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Treasure Island rent compare to other cities in Florida?

Treasure Island is middle-of-the-pack for Florida for rent, ranking #108 out of 288 tracked cities at $2,329/mo.

Which nearby cities are cheaper to rent in than Treasure Island?

Several nearby cities have lower median rents than Treasure Island ($2,329/mo): Gulfport ($2,006/mo), Madeira Beach ($2,214/mo), South Pasadena ($2,256/mo).

What percentage of Treasure Island residents rent vs. own?

According to Census data, approximately 25.6% of Treasure Island households are renters, while 74.4% are owner-occupied. Treasure Island leans toward homeownership, which can mean a smaller rental inventory.

How does Treasure Island rent compare to the national average?

Treasure Island's median rent of $2,329/mo is $364 (19%) above the US national median of $1,965/mo. Within Florida, it ranks #108 out of 288 tracked cities.
Income Affordability
32%
MODERATE

At $2,329/mo, rent takes ~32% of Treasure Island's median household income ($87,107/yr). The standard benchmark is 30%.

Treasure Island 32%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Treasure Island, FL

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