Cost of Living in Pinellas County, Florida

$1,525/mo
Median Monthly Rent
$319,000
Median Home Value
24% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,525/mo
24% above state average
Median Home Value
$319,000
13% above national
Rent-to-Income Ratio
34.0%
% 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 Pinellas County Compares

Median monthly rent comparison

Pinellas County$1,525/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,525/mo
Median Gross Rent
$319,000
Median Home Value
$1,201/mo
Monthly Owner Cost
34.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Pinellas County, Florida

Pinellas rents consume one-quarter of income

Pinellas County renters dedicate 26.0% of their income to rent, landing squarely in the affordability stress zone relative to national benchmarks. With a median household income of $70,293 just below the national average of $74,755, residents carry a heavier housing burden than peers nationwide.

Above Florida's median affordability

At 26.0%, Pinellas's rent-to-income ratio exceeds Florida's state average of 22.5%, placing it among the costlier counties in the state. Median rent of $1,525 runs $292 higher than Florida's state average, driven by the St. Petersburg–Tampa coastal demand.

Pricier than Pasco, cheaper than Osceola

Pinellas renters pay $1,525 monthly—$153 more than Pasco County but $126 less than Osceola—positioning it in the mid-tier of Tampa Bay affordability. The county's coastal and urban attractions justify somewhat higher costs than inland Pasco alternatives.

Combined housing claims 27% of income

Renters pay $1,525 while homeowners carry $1,201 monthly, combining for roughly 27% of the $70,293 median household income. This allocation leaves Pinellas households about $4,200 monthly for all non-housing expenses.

Urban amenities come with a cost

Moving to Pinellas means budgeting 26% of income for rent—notably higher than inland Pasco but lower than Osceola. If you value beach access and urban energy, the premium is competitive; for maximum affordability within the region, Pasco offers 2 percentage points of relief.

Affordability Calculator

See how your income compares to housing costs in Pinellas County

$

Rent Burden

26.0%

of gross income

Max Housing (28% Rule)

$1,640

per month

Owner Cost Burden

20.5%

of gross income

The median home in Pinellas County may be a stretch

Median home value is $319,000. Estimated monthly cost: $2,547 vs. your max of $1,640.

Rent Affordability Guide

Your rent-to-income ratio26.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Pinellas County, Florida?
Pinellas County, Florida has a median monthly rent of $1,525/mo and a median home value of $319,000. The affordability rating is Unaffordable, with rent making up approximately 34.0% of median household income.
What is the median rent in Pinellas County?
The median gross rent in Pinellas County is $1,525/mo. This is 24% above state average for Florida.
Is Pinellas County affordable?
Pinellas County is rated Unaffordable based on rent-to-income ratio of 34.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pinellas County's rent compare to the state average?
Pinellas County's median rent of $1,525/mo is 24% above state average of $1,233/mo for Florida.
What is the median home value in Pinellas County?
The median home value in Pinellas County, Florida is $319,000. This is 13% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.