Rental numbers for Pinellas County, FL
The typical home here runs -$1,028 a month at 7.78% with 25% down, breaking even at about 1.6%. 2 of 45 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.1%.
- Gross yield
- 6.6%
- typical home, Zillow
- Median ZIP yield
- 7.1%
- 45 ZIPs with full data
- Cash flow
- -$1,028/mo
- at 7.78%, 25% down
- Typical price
- $371,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,026/mo
- Zillow ZORI, Aug 2026
ZIP codes in Pinellas County
47 with published figures
| 33716Saint Petersburg | $161,000 | $1,721 | 12.8% | 7.6% | +$156 | -1.8% |
| 33763Clearwater | $196,000 | $1,858 | 11.4% | 6.7% | +$35 | -2.0% |
| 33711Saint Petersburg | $276,000 | $2,237 | 9.7% | 5.6% | -$195 | +1.3% |
| 33709Saint Petersburg | $267,000 | $1,929 | 8.7% | 4.7% | -$405 | +3.1% |
| 33777Seminole | $327,000 | $2,330 | 8.5% | 4.7% | -$472 | +5.6% |
| 33782Pinellas Park | $297,000 | $2,097 | 8.5% | 4.7% | -$445 | -1.7% |
| 33715Tierra Verde | $464,000 | $3,273 | 8.5% | 4.8% | -$648 | n/a |
| 33778Largo | $352,000 | $2,436 | 8.3% | 4.7% | -$519 | -2.4% |
| 33703Saint Petersburg | $398,000 | $2,728 | 8.2% | 4.6% | -$611 | +4.7% |
| 33771Largo | $253,000 | $1,717 | 8.1% | 3.9% | -$535 | -1.4% |
| 33773Largo | $334,000 | $2,253 | 8.1% | 4.4% | -$580 | +3.5% |
| 33705Saint Petersburg | $331,000 | $2,227 | 8.1% | 4.4% | -$560 | +0.8% |
| 33714Saint Petersburg | $271,000 | $1,809 | 8.0% | 4.2% | -$515 | +4.0% |
| 33781Pinellas Park | $308,000 | $1,993 | 7.8% | 4.1% | -$618 | -0.2% |
| 33776Seminole | $505,000 | $3,248 | 7.7% | 4.3% | -$890 | n/a |
| 33707Gulfport | $364,000 | $2,273 | 7.5% | 4.0% | -$764 | +4.8% |
| 33755Clearwater | $339,000 | $2,072 | 7.3% | 3.8% | -$755 | -0.1% |
| 33712Saint Petersburg | $321,000 | $1,942 | 7.3% | 3.8% | -$712 | +2.0% |
| 33761Clearwater | $314,000 | $1,901 | 7.3% | 3.5% | -$776 | n/a |
| 33760South Highpoint | $252,000 | $1,496 | 7.1% | 3.3% | -$677 | -2.4% |
| 33713Saint Petersburg | $361,000 | $2,136 | 7.1% | 3.7% | -$830 | +2.4% |
| 34684Palm Harbor | $322,000 | $1,906 | 7.1% | 3.5% | -$801 | -1.5% |
| 33702Saint Petersburg | $309,000 | $1,826 | 7.1% | 3.4% | -$801 | +1.0% |
| 33759Clearwater | $346,000 | $2,003 | 7.0% | 3.3% | -$918 | +0.8% |
| 33762Clearwater | $306,000 | $1,770 | 6.9% | 3.2% | -$827 | -1.8% |
| 33764Clearwater | $369,000 | $2,090 | 6.8% | 3.2% | -$993 | -0.2% |
| 33772Seminole | $373,000 | $2,063 | 6.6% | 3.3% | -$984 | -2.1% |
| 33774Largo | $378,000 | $2,070 | 6.6% | 3.1% | -$1,047 | +4.6% |
| 33767Clearwater | $699,000 | $3,699 | 6.3% | 3.1% | -$1,945 | +0.6% |
| 34689Tarpon Springs | $367,000 | $1,929 | 6.3% | 2.8% | -$1,118 | +2.1% |
| 34677Oldsmar | $366,000 | $1,913 | 6.3% | 2.9% | -$1,103 | -0.3% |
| 33710Saint Petersburg | $379,000 | $1,963 | 6.2% | 2.9% | -$1,113 | +3.3% |
| 34695Safety Harbor | $502,000 | $2,575 | 6.2% | 3.1% | -$1,422 | +4.4% |
| 33756Clearwater | $359,000 | $1,771 | 5.9% | 2.6% | -$1,168 | -4.3% |
| 34698Dunedin | $415,000 | $2,030 | 5.9% | 2.7% | -$1,304 | +5.0% |
| 33765Clearwater | $352,000 | $1,685 | 5.8% | 2.5% | -$1,172 | -1.0% |
| 33770Largo | $375,000 | $1,774 | 5.7% | 2.3% | -$1,290 | +1.1% |
| 34688Tarpon Springs | $579,000 | $2,650 | 5.5% | 2.5% | -$1,937 | n/a |
| 33708Madeira Beach | $509,000 | $2,216 | 5.2% | 2.3% | -$1,784 | +0.1% |
| 33706Saint Pete Beach | $567,000 | $2,425 | 5.1% | 2.1% | -$2,075 | +3.2% |
| 34685Palm Harbor | $481,000 | $2,042 | 5.1% | 1.9% | -$1,814 | -2.1% |
| 33785Indian Rocks Beach | $709,000 | $2,973 | 5.0% | 2.3% | -$2,483 | n/a |
| 34683Palm Harbor | $464,000 | $1,884 | 4.9% | 1.9% | -$1,780 | -1.0% |
| 33701Saint Petersburg | $742,000 | $2,517 | 4.1% | 1.2% | -$3,280 | +4.0% |
| 34681Palm Harbor | $638,000 | $2,130* | 4.0% | 1.2% | -$2,809 | n/a |
| 33786Belleair Beach | $893,000 | $2,970* | 4.0% | 1.4% | -$3,804 | n/a |
| 33704Saint Petersburg | $735,000 | $2,055 | 3.4% | 0.8% | -$3,461 | -0.1% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.8%
- Rent, 12 months
- +0.8%
- Rent minus price growth
- +1.6 pts
- Property tax
- 0.70%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $324,672 | $1,664 |
| Aug 2022 | $404,430 | $1,908 |
| Aug 2023 | $404,379 | $1,956 |
| Aug 2024 | $407,551 | $1,967 |
| Aug 2025 | $373,620 | $2,010 |
| Aug 2026 | $370,534 | $2,026 |
HUD Fair Market Rent
FY2027, Tampa-St. Petersburg-Clearwater, FL MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,597 | $1,648 | $1,917 | $2,448 | $2,977 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 9.6
- 4,093 units, last 12 months
- National percentile
- 70th
- among US counties
Tools
Test a listing in Pinellas County against today's rate.
Open the calculatorPart of the Tampa, FL metro.
Questions
- Is Pinellas County good for rental property?
- The typical home here runs -$1,028 a month at 7.78% with 25% down, breaking even at about 1.6%. 2 of 45 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Pinellas County?
- About 0.70% of value, from Census ACS median taxes paid over median home value. On a $371,000 home that is about $2,583 a year.
- What is Fair Market Rent in Pinellas County?
- HUD's FY2027 Fair Market Rent here is $1,648 for a 1-bedroom, $1,917 for a 2-bedroom and $2,448 for a 3-bedroom. Typical cash flow at today's rate is -$1,028 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.