59 Luxury Apartments for rent in New Port Richey, FL

Last updated September 22 at 10:30AM
7833 PROSPECT HILL CIRCLE
Windsor Place at River Ridge
New Port Richey, FL
Updated September 22 at 9:44AM
4 Bedrooms
$1,350
11322 MERGANSER WAY
New Port Richey
New Port Richey, FL
Updated September 2 at 1:33AM
3 Bedrooms
$1,500
10736 MELBA COURT
Hidden Lake Estates
New Port Richey, FL
Updated August 24 at 12:52PM
3 Bedrooms
$2,100
7714 Belah Dr
Richey Lakes
New Port Richey, FL
Updated September 21 at 11:57AM
3 Bedrooms
$1,095
4135 LA PASIDA LANE
New Port Richey
New Port Richey, FL
Updated August 24 at 7:59PM
2 Bedrooms
$1,450
8600 Corinthian Way
New Port Richey
New Port Richey, FL
Updated August 19 at 10:07AM
2 Bedrooms
$1,100
4228 BELLE ISLE COURT
New Port Richey
New Port Richey, FL
Updated September 21 at 11:25AM
2 Bedrooms
$1,150
9613 TRUMPET VINE LOOP
New Port Richey
New Port Richey, FL
Updated September 20 at 3:15AM
3 Bedrooms
$1,900
6430 LOMAND AVENUE
Hillandale
New Port Richey, FL
Updated September 7 at 10:31AM
2 Bedrooms
$1,000
4747 AZALEA DRIVE
Imperial Embassy Condo
New Port Richey, FL
Updated September 22 at 10:30AM
2 Bedrooms
$1,300
11446 PENNSVILLE COURT
New Port Richey
New Port Richey, FL
Updated September 22 at 10:26AM
4 Bedrooms
$1,495
9228 Edistro Place
New Port Richey
New Port Richey, FL
Updated August 30 at 10:18AM
4 Bedrooms
$1,600
11915 Colony Lakes Blvd
New Port Richey
New Port Richey, FL
Updated September 21 at 5:37PM
3 Bedrooms
$1,375
8518 SHALLOW CREEK COURT
New Port Richey
New Port Richey, FL
Updated September 16 at 9:42AM
3 Bedrooms
$1,350
6204 SPOONBILL DRIVE
Gulf Harbors Sea Forest
New Port Richey, FL
Updated September 22 at 10:30AM
4 Bedrooms
$2,975
Severn Ln
New Port Richey
New Port Richey, FL
Updated September 22 at 7:27AM
2 Bedrooms
$1,495
Marsha Dr
New Port Richey
New Port Richey, FL
Updated August 31 at 9:41AM
3 Bedrooms
$1,500
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Rent Report
New Port Richey

September 2017 New Port Richey Rent Report

Welcome to the September 2017 New Port Richey Rent Report. In this report, we'll evaluate trends in the New Port Richey rental market, including comparisons to cities throughout the state and nation.

New Port Richey rents increase sharply over the past month

New Port Richey rents have increased 1.0% over the past month, and are up sharply by 8.9% in comparison to the same time last year. Currently, median rents in New Port Richey stand at $810 for a one-bedroom apartment and $1,010 for a two-bedroom. The city's rents have been increasing for 13 straight months - the last time rents declined was in July of last year. New Port Richey's year-over-year rent growth leads the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of New Port Richey, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • New Port Richey, Orlando, and Jacksonville have all experienced year-over-year growth above the state average (8.9%, 6.4%, and 4.5%, respectively).

New Port Richey rents more affordable than many large cities nationwide

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

  • New Port Richey's median two-bedroom rent of $1,010 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 8.9% increase in New Port Richey.
  • While New Port Richey's rents rose over the past year, the city of Houston saw a decrease of 2.4%.
  • Renters will find more reasonable prices in New Port Richey than most large cities. For example, Los Angeles has a median 2BR rent of $1,740, which is more than one-and-a-half times the price in New Port Richey.

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 $980 $1,220 1.1% 5.6%
St. Petersburg $920 $1,150 0.6% 4.6%
Clearwater $920 $1,150 0.6% 3.7%
Brandon $1,000 $1,250 0.3% 4.1%
Largo $890 $1,110 0.6% 5.5%
Riverview $1,030 $1,280 0.5% 2.0%
Palm Harbor $1,050 $1,310 0.2% 3.9%
New Port Richey $810 $1,010 1.0% 8.9%

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.