Cost of Living in Pasco County, Florida

$1,372/mo
Median Monthly Rent
$265,800
Median Home Value

At a Glance

Median Monthly Rent
$1,372/mo
11% above state average
Median Home Value
$265,800
6% below national
Rent-to-Income Ratio
32.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Pasco County Compares

Median monthly rent comparison

Pasco County$1,372/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,372/mo
Median Gross Rent
$265,800
Median Home Value
$1,100/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Pasco County ranks #2,336 of 3,144 counties for affordability (bottom 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Pasco County, Florida

Pasco offers middle-ground affordability

Pasco County renters spend 24.4% of income on rent, sitting comfortably below national affordability stress levels and benefiting from a balanced housing market. Median household income of $67,384 falls slightly below the national average, yet housing costs remain manageable relative to regional peers.

Better than state average, barely

Pasco's rent-to-income ratio of 24.4% slightly exceeds Florida's state average of 22.5%, though median rent of $1,372 sits meaningfully above the state's $1,233 baseline. The county offers a middle path within Florida's diverse housing landscape.

Tampa Bay's most affordable anchor

Pasco renters pay $1,372 monthly—the lowest among Pinellas ($1,525) and Osceola ($1,651) in the central Florida region, yet higher than inland Polk at $1,272. For families seeking Tampa Bay proximity without premium pricing, Pasco delivers solid value.

Housing claims one-quarter of income

Renters average $1,372 monthly while homeowners pay $1,100, totaling roughly 24% of the $67,384 median household income. This leaves Pasco households approximately $4,200 monthly for utilities, food, transportation, and savings.

Smart choice for Tampa Bay access

Relocating to Pasco means allocating 24% of income to rent—a solid balance between affordability and urban proximity. If you work in the Tampa Bay area but want to avoid premium coastal prices, Pasco offers measurable savings versus Pinellas and Osceola.

Cost of Living Advisory: Pasco County

Affordability Verdict

Pasco County offers affordable rental housing at a median of $1,372/month — about 24.4% of the typical household income here.

Rent vs. Own

At $1,372/month rent versus $1,100/month in owner costs, owning is roughly $272/month cheaper — a 20% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $54,880/year. For owner costs at the 28% rule, the required income is roughly $47,143/year. With a median household income of $67,384, most households can comfortably afford rent here. Notably, 32.0% of renter households in Pasco County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Bay County where rent averages $1,424/month, Pasco County is approximately 4% less expensive.

Affordability Calculator

See how your income compares to housing costs in Pasco County

$

Rent Burden

24.4%

of gross income

Max Housing (28% Rule)

$1,572

per month

Owner Cost Burden

19.6%

of gross income

The median home in Pasco County may be a stretch

Median home value is $265,800. Estimated monthly cost: $2,122 vs. your max of $1,572.

Rent Affordability Guide

Your rent-to-income ratio24.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,384Needed: $54,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,384Needed: $47,143
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,384Needed: $61,859

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Pasco County, Florida?
Pasco County, Florida has a median monthly rent of $1,372/mo and a median home value of $265,800. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Pasco County?
The median gross rent in Pasco County is $1,372/mo. This is 11% above state average for Florida.
Is Pasco County affordable?
Pasco County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pasco County's rent compare to the state average?
Pasco County's median rent of $1,372/mo is 11% above state average of $1,233/mo for Florida.
What is the median home value in Pasco County?
The median home value in Pasco County, Florida is $265,800. This is 6% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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