Average Rent in Pinellas, FL

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Current Versus Historical Pinellas, FL Rents

Pinellas rentals average $1,550 for a studio rental to $4,875 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $14,014 (-90.40%) year-over-year from $15,502 to $1,488. 1-bedroom rentals prices have increased by $154 (10.26%) year-over-year from $1,498 to $1,652. 2-bedroom rentals prices have increased by $310 (15.83%) year-over-year from $1,957 to $2,267. 3-bedroom rentals prices have increased by $284 (10.45%) year-over-year from $2,716 to $3,000. 4-bedroom rentals prices have increased by $1,003 (28.66%) year-over-year from $3,498 to $4,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 13.43% this month. 1-bedroom rents have gone up by 2.26% this month. 2-bedroom rents have gone up by 8.75% this month. 3-bedroom rents have gone up by 3.45% this month. 4-bedroom rents have gone up by 9.31% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.00 $1,488 $15,502 (-90.40%) $967 (53.93%)
1 BR $2.35 $1,652 $1,498 (10.26%) $1,298 (27.24%)
2 BR $2.27 $2,267 $1,957 (15.83%) $1,748 (29.67%)
3 BR $2.28 $3,000 $2,716 (10.45%) $2,054 (46.06%)
4+ BR $2.23 $4,500 $3,498 (28.66%) $2,508 (79.40%)

Historical Rents in Pinellas, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Pinellas

There are a total of 21 cities nearby Pinellas. The average rent in Pinellas is currently $2,995 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that University, FL, with an average rent of $1,625, is the most affordable city nearby. In contrast, the most expensive city near Pinellas, FL is Siesta Key, FL. Monthly rents here are on average $7,200 per month.

Let's compare Pinellas, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 0.35% more affordable. Two bedrooms in Pinellas, FL are about 13.90% more affordable. Finally, rent for three bedrooms are about 6.05% more affordable. Want more information? Check out the top 10 cities out of 21 total cities near Pinellas, FL in the following chart.
City Studio 1 Bed 2 Bed All
Town 'n' Country, FL N/A $1,450 $1,950 $1,988
Largo, FL $1,463 $1,425 $1,950 $2,100
Palm Harbor, FL N/A $1,700 $2,150 $2,248
Dunedin, FL $1,695 $1,670 $2,198 $2,275
St. Petersburg, FL $1,285 $1,706 $2,500 $2,450
Tampa, FL $1,916 $2,163 $2,734 $2,575
Treasure Island, FL N/A $2,300 $3,200 $3,100
Clearwater, FL $2,500 $1,600 $3,200 $3,200
Madeira Beach, FL N/A $2,250 $3,500 $3,675
St. Pete Beach, FL $1,400 $2,000 $3,700 $3,950

Top Neighborhoods Near Pinellas

There are a total of 10 neighborhoods in or near Pinellas. Some of these neighborhoods include Carver City - Lincoln Gardens, Isla del Sol, and Channel District. We've included all of these top 10 neighborhoods in or near Pinellas, FL in the following chart.

The average rent for these 10 neighborhoods in or near Pinellas, FL is currently around $3,300 per month. A total of one neighborhood has a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $3,300. Interestingly, the neighborhoods' average rent is higher than Pinellas's average rent, which is only $2,500. Out of all the neighborhoods in or near Pinellas, Carver City - Lincoln Gardens has the most affordable average rent at $2,321 per month. Whereas, at $5,500 average rent per month, Lido Key is the most expensive neighborhood in or near Pinellas. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Carver City - Lincoln Gardens, Tampa, FL $1,850 $2,138 $2,928 $2,321
Isla del Sol, St. Petersburg, FL N/A $2,700 $2,600 $2,600
Channel District, Tampa, FL $1,978 $2,529 $3,872 $2,604
Heritage Harbour, Myakka City, FL N/A N/A $2,613 $2,848
The Meadows, FL N/A $2,075 $3,300 $3,100
Lakewood Ranch, Myakka City, FL N/A N/A $3,250 $3,500
Sand Key, Clearwater, FL $2,600 $3,600 $4,000 $4,200
Clearwater Beach, Clearwater, FL $2,300 $2,850 $4,000 $4,500
Stoneybrook Golf and Country Club, Gulf Gate Estates-Osprey, FL N/A N/A $5,000 $5,000
Lido Key, Sarasota, FL N/A $3,450 $5,500 $5,500

Top Counties Near Pinellas

There are a total of 10 counties located by Pinellas, FL. Some of these counties include New Port Richey, FL, Palm River-Gibsonton, FL, and Tarpon Springs, FL. The average rent for rentals in these counties is $2,475. That's roughly around $2 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is New Port Richey, FL. It's average rent per month is $1,895. Vice versa, with an average rent of $7,000, Longboat Key, FL is the most expensive county by Pinellas, FL.

Typically, rent for studios in Pinellas, FL is 20.73% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Pinellas, FL is 1.65% more affordable than other counties nearby. Finally, rent for two bedrooms in Pinellas, FL is 6.00% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
New Port Richey, FL $1,675 $1,350 $1,700 $1,895
Palm River-Gibsonton, FL N/A N/A $1,975 $2,263
Tarpon Springs, FL N/A $1,750 $2,000 $2,300
Ruskin, FL N/A $1,750 $2,000 $2,300
St. Petersburg, FL $1,285 $1,706 $2,450 $2,400
Tampa, FL $1,916 $2,088 $2,112 $2,400
Clearwater, FL $2,000 $1,600 $2,493 $2,550
Keystone-Citrus Park, FL N/A $1,500 $2,100 $2,650
Boca Ciega, FL $1,700 $2,200 $3,000 $3,295
St. Pete Beach, FL $1,400 $2,200 $3,500 $3,700

Top Zipcodes Near Pinellas

There are a total of 36 zipcodes in or near Pinellas, FL. The average rent for all of these zipcodes is $2,800. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33716, St. Petersburg, FL at $1,758 per month. In comparison, the zipcode with the most expensive average rent of $7,200 per month is 34242, Siesta Key, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Pinellas, FL is $1,834 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,500 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Pinellas, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34236, Sarasota, FL N/A $2,300 $4,300 $4,200
33767, Clearwater, FL $2,600 $2,800 $4,000 $4,200
34231, Gulf Gate Estates, FL N/A $2,048 $2,500 $2,950
34238, Gulf Gate Estates-Osprey, FL N/A $1,785 $3,500 $3,500
33706, St. Pete Beach, FL $1,400 $2,200 $3,500 $3,700
34228, Longboat Key, FL N/A $3,750 $6,000 $7,000
33647, Tampa, FL N/A $1,430 $1,700 $1,995
34242, Siesta Key, FL N/A $4,400 $6,500 $7,200
33607, Tampa, FL $1,844 $2,138 $2,888 $2,400
34243, Bradenton, FL N/A $2,619 $2,500 $3,000

Frequently Asked Questions - Pinellas Average Rents

What is the average rent price in Pinellas, FL?
The average monthly rental price for Pinellas, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Pinellas, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Pinellas, FL.
How much is a studio apartment in Pinellas, FL?
The average monthly rental price for studio apartments is $1,550 and an average price per square feet of $4.00. There are a total of 29 studio apartment listings currently available for rent in Pinellas.
How much is a one bedroom apartment in Pinellas, FL?
The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $2.35. There are a total of 363 one bedroom apartment listings currently available for rent in Pinellas.
How much is a two bedroom apartment in Pinellas, FL?
The average monthly rental price for two bedroom apartments is $2,400 and an average price per square feet of $2.27. There are a total of 881 two bedroom apartment listings currently available for rent in Pinellas.
How have rent prices in Pinellas, FL changed this year?
Rent prices for rentals in Pinellas, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.90%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Pinellas, FL?
A reasonable rent price in Pinellas, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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