FIPS 12101 · population 611,444 · part of Tampa, FL
The latest county-level Zillow ZORI is $2,029 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,593 | Pasco County, FL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,696 | Pasco County, FL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,977 | Pasco County, FL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,527 | Pasco County, FL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $3,077 | Pasco County, FL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 12101. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Pasco County presents an underwriting tension: a softening home-value signal alongside rent that may support a gross screen, but inland-flood exposure can change carrying costs. Zillow’s 2026-06 median home value was $331,852 and was lower year over year. That merits property-level investigation by an investor with insurance and expense data, and caution for anyone treating county yield as durable cash flow. The record is county-specific, not representative of Tampa, Florida, and not a closed-sale appraisal.
Market rent is separate from HUD: the $2,029 median asking rent is above the $1,977 HUD two-bedroom Fair Market Rent, a payment standard rather than an asking-rent estimate. The supplied 7.34% gross yield is annual market rent before vacancy, repairs, management, insurance, financing, or taxes. The effective property-tax rate is 0.73%, with a $2,206 median annual bill. FHFA’s separate 2025 repeat-transaction HPI declined 2.56%, directionally consistent with Zillow’s direction, but it is an appreciation index, not a home value; its vintage and method remain separate from Zillow’s observation.
Demand and competition are mixed. QCEW’s 2025 annual average shows 150,229 covered jobs located in the county and a $1,120 average weekly covered-worker wage; these are workplace measures, not resident employment or unemployment. The largest disclosed private supersector is Trade, transportation, and utilities. Tax-return migration was net inward, and average income per moving household favored in-movers by a supplied $14,170 gap. Realtor.com’s 2026-06 MLS snapshot shows active supply, 66 median days on market, and 25.88% of listings with price reductions. These are visible-supply, marketing-time, and seller-concession signals, not closed prices or proof of demand.
Risk limits are material. The modeled annual building-loss ratio is 0.18%, with inland flood dominant; it is not an insurance quote or property-level flood determination. The supplied investor share is 7.36% of 13,226 total purchases, so broad investor demand is unproven. Next checks are parcel-level flood and elevation review, binding insurance quotes, lease and vacancy evidence, closed-sale comparables, and a full expense and financing budget. No insurance premium, operating expense, financing term, or closed-sale data is published; without them, net cash flow, debt coverage, and whether gross yield survives costs cannot be established.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.184% of building value expected lost per year
$2,206 median annual bill
28,254 in · 19,268 out
$76,455 arriving · $62,285 leaving
974 of 13,226 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Pasco County | 611,444 | $332k | $2,029 | 7.3% | inland flooding |
| Hillsborough County | 1,522,748 | $380k | $2,025 | 6.4% | hurricane |
| Pinellas County | 963,481 | $372k | $2,021 | 6.5% | hurricane |
| Hernando County | 207,018 | $311k | $1,848 | 7.1% | inland flooding |
It is a median monthly asking rent. The HUD two-bedroom Fair Market Rent is a payment standard, not an estimate of market asking rent.
It measures annual average covered jobs located in Pasco County and the average wage for those covered workers, not resident employment, unemployment, or a forecast.
It is a modeled annual loss of building value, with inland flood as the dominant hazard; it is not a property-level flood determination or an insurance quote.