CostBy County

Cost of Living in Pinellas County, Florida

$1,642/mo
Median Monthly Rent
$355,100
Median Home Value

At a Glance

Median Monthly Rent
$1,642/mo
26% above state average
Median Home Value
$355,100
7% above national
Census GRAPI
35.0%
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 Pinellas County Compares

Median monthly rent comparison

Pinellas County$1,642/mo
Florida Average$1,304/mo
National Median$1,413/mo

Detailed Housing Stats

$1,642/mo
Median Gross Rent
$355,100
Median Home Value
$1,264/mo
Monthly Owner Cost
35.0%
Census GRAPI

National Ranking

Affordability Rank

Pinellas County ranks #2,803 of 3,142 counties for affordability (bottom 11%)

Most AffordableLeast Affordable

Sourced county brief

Pinellas County Median Home Value Reaches $355,100 in ACS Estimates

Pinellas County reported a median home value of $355,100 for the 2020-2024 period, which is $70,775 above the Florida unweighted county mean of $284,325. The median gross rent was estimated at $1,642 per month, exceeding the state unweighted county mean of $1,304 by $338. The official median gross rent as a percentage of household income (GRAPI) was 35.0%, which is 2.2 percentage points higher than the state unweighted county mean of 32.8%. Median selected monthly owner costs for all owner-occupied units were $1,264, above the state unweighted mean of $1,039. Renter households in the county had a median income of $54,442. This report uses the official ACS B25071 GRAPI for its rent-to-income analysis, ensuring a standard comparison against state-level unweighted county averages. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Pinellas County

Affordability Verdict

ACS B25071 estimates median gross rent at 35.0% of renter household income in Pinellas 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 $1,642 per month; median selected monthly owner costs are $1,264. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $65,680 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. Pinellas County's $1,642 median is 25.9% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Pinellas County

$

Rent Burden

27.1%

of gross income

Max Housing (28% Rule)

$1,695

per month

Owner Cost Burden

20.9%

of gross income

The median home in Pinellas County may be a stretch

Median home value is $355,100. Estimated monthly cost: $2,835 vs. your max of $1,695.

Rent Affordability Guide

Your entered rent as a share of entered income27.1%
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: $72,646Needed: $65,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,646Needed: $54,171
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $72,646Needed: $82,641

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 Pinellas County, Florida?
Pinellas County, Florida has a median monthly rent of $1,642/mo and a median home value of $355,100. The affordability rating is Stretched, with median gross rent equal to approximately 35.0% of renter household income.
What is the median rent in Pinellas County?
The median gross rent in Pinellas County is $1,642/mo. This is 26% above state average for Florida.
Is Pinellas County affordable?
Pinellas County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 35.0%. Median gross rent is 30–50% of renter household income.
How does Pinellas County's rent compare to the state average?
Pinellas County's median rent of $1,642/mo is 26% above state average of $1,304/mo for Florida.
What is the median home value in Pinellas County?
The median home value in Pinellas County, Florida is $355,100. This is 7% above 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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