New Port Richey, FL Rental Market Trends
Highlights
The average rent for an apartment in New Port Richey is $971, a 12% increase compared to the previous year, when the average rent was $864.
Average Rent in New Port Richey, FL
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $971 | 12% | 903 sq. ft. |
The average size for a New Port Richey, FL apartment is 903 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
New Port Richey, FL Apartment Rent Ranges
- $501-$70010%
- $701-$1,00044%
- $1,001-$1,50046%
New Port Richey, FL Occupied Housing Units
- Renter-occupied Households45%
- Owner-occupied Households54%
3,143 or 45% of the households in New Port Richey, FL are renter-occupied while 3,785 or 54% are owner-occupied.
New Port Richey, FL Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| New Port Richey, FL | $793 | $803 | $826 | $834 | $854 | $864 | $864 | $934 | $941 | $971 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does New Port Richey Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Wesley Chapel | $1,388 | 5% |
| Land O' Lakes | $1,418 | 6% |
| Jasmine Estates | $836 | 8% |
| Holiday | $856 | 11% |
| Bayonet Point | $875 | 7% |
| New Port Richey | $971 | 12% |
| New Port Richey East | $921 | 11% |
| Trinity | $1,162 | 3% |
| Hudson | $965 | 7% |
| Pasadena Hills | $1,135 | 8% |
| St. Leo | $1,010 | 6% |
For more information about the New Port Richey rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all New Port Richey apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.