CostBy County

Cost of Living in Pasco County, Florida

$1,505/mo
Median Monthly Rent
$300,900
Median Home Value

At a Glance

Median Monthly Rent
$1,505/mo
15% above state average
Median Home Value
$300,900
10% below national
Census GRAPI
32.3%
Median gross rent as % of renter income

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

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Pasco County Compares

Median monthly rent comparison

Pasco County$1,505/mo
Florida Average$1,304/mo
National Median$1,413/mo

Detailed Housing Stats

$1,505/mo
Median Gross Rent
$300,900
Median Home Value
$1,179/mo
Monthly Owner Cost
32.3%
Census GRAPI

National Ranking

Affordability Rank

Pasco County ranks #2,713 of 3,142 counties for affordability (bottom 14%)

Most AffordableLeast Affordable

Sourced county brief

Pasco County Official GRAPI Estimated at 32.3 Percent

Pasco County reported an official median gross rent as a percentage of household income (GRAPI) of 32.3% in the 2020-2024 ACS period. This value is 0.5 percentage points below the Florida unweighted county mean of 32.8%. The median gross rent in the county was $1,505 per month, which sits $201 above the state unweighted county mean of $1,304. Homeowners in Pasco County had median selected monthly owner costs of $1,179, compared to the state unweighted county mean of $1,039. The median home value was estimated at $300,900, which is $16,575 higher than the Florida unweighted county mean of $284,325. Median renter-household income for the period was $54,119. These housing cost statistics are derived from official Census Bureau estimates and provide a snapshot of local conditions without incorporating external economic factors. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Pasco County

Affordability Verdict

ACS B25071 estimates median gross rent at 32.3% of renter household income in Pasco County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,505 per month; median selected monthly owner costs are $1,179. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $60,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Florida unweighted mean of county median rents is $1,304 per month. Pasco County's $1,505 median is 15.4% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Pasco County

$

Rent Burden

25.6%

of gross income

Max Housing (28% Rule)

$1,645

per month

Owner Cost Burden

20.1%

of gross income

The median home in Pasco County may be a stretch

Median home value is $300,900. Estimated monthly cost: $2,402 vs. your max of $1,645.

Rent Affordability Guide

Your entered rent as a share of entered income25.6%
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: $70,492Needed: $60,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,492Needed: $50,529
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,492Needed: $70,028

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 $1,505/mo and a median home value of $300,900. The affordability rating is Stretched, with median gross rent equal to approximately 32.3% of renter household income.
What is the median rent in Pasco County?
The median gross rent in Pasco County is $1,505/mo. This is 15% above state average for Florida.
Is Pasco County affordable?
Pasco County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 32.3%. Median gross rent is 30–50% of renter household income.
How does Pasco County's rent compare to the state average?
Pasco County's median rent of $1,505/mo is 15% above state average of $1,304/mo for Florida.
What is the median home value in Pasco County?
The median home value in Pasco County, Florida is $300,900. This is 10% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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