3 Apartments under 700 for rent in Largo, FL

Last updated August 14 at 10:24pm UTC
Results within 5 miles of Largo, FL
1338 PIERCE STREET
Clearwater
Clearwater, FL
Updated August 14 at 10:24pm UTC
1 Bedroom
$575
1283 Palm St studio
Clearwater
Clearwater, FL
Updated July 27 at 10:02am UTC
Studio
$650
1437 Gulf to Bay Blvd
Clearwater
Clearwater, FL
Updated August 14 at 9:14am UTC
1 Bedroom
$695

August 2018 Largo Rent Report

Welcome to the August 2018 Largo Rent Report. Largo rents declined over the past month. In this report, we'll evaluate trends in the Largo rental market, including comparisons to cities throughout the metro, state, and nation.

View full Largo Rent Report
Rent Report
Largo

August 2018 Largo Rent Report

Welcome to the August 2018 Largo Rent Report. Largo rents declined over the past month. In this report, we'll evaluate trends in the Largo rental market, including comparisons to cities throughout the metro, state, and nation.

Largo rents decline sharply over the past month

Largo rents have declined 2.7% over the past month, but are up significantly by 4.7% in comparison to the same time last year. Currently, median rents in Largo stand at $930 for a one-bedroom apartment and $1,160 for a two-bedroom. Largo's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 1.2%.

Rents rising across the Tampa Metro

Throughout the past year, rent increases have been occurring not just in the city of Largo, but across the entire metro. Of the largest 10 cities that we have data for in the Tampa metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Largo has seen the fastest rent growth in the metro, with a year-over-year increase of 4.7%. The median two-bedroom there costs $1,160, while one-bedrooms go for $930.
  • Over the past year, Dunedin is the only city in the metro that has seen rents fall, with a decline of 0.3%. Median two-bedrooms there cost $1,200, while one-bedrooms go for $960.
  • Wesley Chapel has the most expensive rents of the largest cities in the Tampa metro, with a two-bedroom median of $1,510; rents decreased 0.2% over the past month but were up 0.6% over the past year.

Largo rents more affordable than many large cities nationwide

As rents have increased significantly in Largo, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Largo is still more affordable than most large cities across the country.

  • Rents increased moderately in other cities across the state, with Florida as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 2.3% in Jacksonville and 0.9% in Miami.
  • Largo's median two-bedroom rent of $1,160 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 4.7% rise in Largo.
  • While Largo's rents rose significantly over the past year, the city of Virginia Beach saw a decrease of 0.2%.
  • Renters will find more reasonable prices in Largo than most large cities. For example, Los Angeles has a median 2BR rent of $1,750, which is more than one-and-a-half times the price in Largo.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Tampa $1,010 $1,260 0.6% 4.4%
St. Petersburg $950 $1,180 0.0% 3.0%
Clearwater $950 $1,190 0.1% 3.6%
Brandon $1,010 $1,250 0.3% 0.9%
Largo $930 $1,160 -2.7% 4.7%
Riverview $1,050 $1,300 -0.1% 2.0%
Palm Harbor $1,070 $1,330 0.2% 2.0%
Pinellas Park $1,010 $1,260 -0.5% 4.2%
Wesley Chapel $1,220 $1,510 -0.2% 0.6%
Dunedin $960 $1,200 -0.5% -0.3%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.