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ZIP Code · FL

ZIP 34654

Pop. 24,355·Pasco County·517th most expensive ZIP in Florida
Median rent (all units)
$1,766/mo
Year-over-Year
-9.3%
Month-over-Month
-3.0%
vs US Median
-$199
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 34654 · $1,766
More affordable than 54% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,610
1 BR
$1,720
2 BR
$2,000
3 BR
$2,560
4 BR+
$3,110
Research median
$2,000/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
$21,192/yr
At $1,766/mo median
Location
StateFL
CountyPasco County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 9.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-9.3% YoY, -3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 34654 (New Port Richey, FL) is majority owner-occupied, has a large retiree population, 21.5% of residents hold a bachelor's degree or higher.

Population
24,355
Median income
$73,947
Median age
43.7
Renters
20%
Age distribution
17.6%
21.6%
26.3%
14.5%
20.1%
Under 1817.6%
18–3421.6%
35–5426.3%
55–6414.5%
65+20.1%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
83%
White83%
Black3.4%
Hispanic10.1%
Asian3.3%
Education (25+)
38.9%
28.2%
21.5%
No HS diploma11.5%
HS diploma38.9%
Some college28.2%
Bachelor's+21.5%
Housing tenure
80%
20%
Owner80%
Renter20%

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

2021 vs 2026

How ZIP 34654 in New Port Richey, FL has changed in 5 years

Income
$57,973 → $73,947
up 27.6%
Population
24,321 → 24,355
up 0.1%
Renter share
22.4% → 20%
-2.4 pts
Bachelor's+
19.2% → 21.5%
+2.3 pts
Median age
46.7 → 43.7
-3.0 yrs

On the earnings side, the typical household in ZIP 34654 in New Port Richey, FL now reports about $73,947, up from $57,973 in 2021. About 20% of households rent today, against 22.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.2% to 21.5%.

Community

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Local insights

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About renting in ZIP 34654

Last updated: July 20, 2026

ZIP code 34654 covers New Port Richey, FL. The median rent here is $1,766/mo as of July 2026. A 1-bedroom rents for a median of $1,720/mo. A 2-bedroom rents for a median of $2,000/mo.

At 29% of local median household income ($73,947/yr), ZIP 34654 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 9.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 34654?

As of July 20, 2026, the median monthly rent in ZIP 34654 (New Port Richey, FL) is $1,766. This is based on aggregated data from public sources and community submissions.

How does ZIP 34654 rent compare to the US average?

ZIP 34654's median rent of $1,766/mo is $199 (10%) below the US national median of $1,965/mo.

How does ZIP 34654 compare to other ZIPs in Florida?

ZIP 34654 is among the more affordable ZIP codes in Florida, ranking #517 out of 662 ZIPs at $1,766/mo.

How much income do you need to rent in ZIP 34654?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,766/mo in ZIP 34654. The local median household income is $73,947/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 34654?

Rent in ZIP 34654 has decreased 9.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 34654 an affordable place to rent?

ZIP 34654 is considered affordable for renters. At $1,766/mo, rent takes approximately 29% of the local median household income ($73,947/yr). The standard benchmark is 30%. ZIP 34654 falls comfortably within that range.

What percentage of ZIP 34654 residents rent vs. own?

According to Census data, approximately 20% of ZIP 34654 households are renters, while 80% are owner-occupied. ZIP 34654 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 34654 compare to the rest of New Port Richey?

ZIP 34654 is more affordable than New Port Richey overall. At $1,766/mo, it's $15 below the New Port Richey citywide median of $1,781/mo.

When was rent data for ZIP 34654 last updated?

Rent data for ZIP 34654 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,766/mo, rent takes ~29% of ZIP 34654's median household income ($73,947/yr). The standard benchmark is 30%.

ZIP 34654 29%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 34654 (New Port Richey, FL)

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