At $2,617/mo, rent takes about 36% of the local median household income, slightly above the 30% benchmark.
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 $2,617 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 Treasure Island changed +5.1% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent has risen 9 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($87,107) is $2,178 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,720); a 3-bedroom is $3,501.
Madeira Beach, 3 miles away, rents for 18% less ($2,146/mo), about $5,700 a year in savings.
From Zillow's monthly rent index (ZORI) for Treasure Island. 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
Treasure Island, FL is majority owner-occupied, has a large retiree population, 49.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Treasure Island, FL has changed in 5 years
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%.
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Can you afford rent in Treasure Island on your salary?
At $2,617/mo, how Treasure Island rent compares to typical pay (30% rule).
Treasure Island rent by bedroom count
Median rent for each apartment size in Treasure Island. Click any size for full breakdown.
Tips for renters in Treasure Island
Last updated: October 17, 2026
The median rent in Treasure Island is $2,617/mo as of October 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 36% of local median household income ($87,107/yr), Treasure Island ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.1% over the past year.
Frequently asked questions
How much income do you need to rent in Treasure Island?
Is rent going up or down in Treasure Island?
How does Treasure Island rent compare to other cities in Florida?
Which nearby cities are cheaper to rent in than Treasure Island?
At $2,617/mo, rent takes ~36% of Treasure Island's median household income ($87,107/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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