66 Luxury Apartments for rent in New Port Richey, FL

Last updated January 23 at 10:11am UTC
5348 PILOTS PLACE
Flor-a-mar
New Port Richey, FL
Updated January 23 at 10:08am UTC
3 Bedrooms
$2,500
7735 ROYCROFT DRIVE
Deer Ridge at River Ridge
New Port Richey, FL
Updated January 23 at 10:11am UTC
2 Bedrooms
$1,350
10712 LAQUINTA DRIVE
Tall Pines at River Ridge
New Port Richey, FL
Updated January 18 at 11:25am UTC
2 Bedrooms
$1,000
7407 ROEBELLINI AVENUE
New Port Richey
New Port Richey, FL
Updated January 23 at 10:08am UTC
3 Bedrooms
$2,300
3634 Warbler Drive
Colonial Hills
New Port Richey, FL
Updated January 3 at 3:49pm UTC
3 Bedrooms
$1,200
1705 REGAL MIST LOOP
Thousand Oaks East
New Port Richey, FL
Updated January 23 at 10:08am UTC
5 Bedrooms
$2,300
1438 GALLBERRY COURT
Thousand Oaks East
New Port Richey, FL
Updated January 23 at 10:08am UTC
4 Bedrooms
$2,800
3211 CHALON STREET
New Port Richey
New Port Richey, FL
Updated January 23 at 10:08am UTC
3 Bedrooms
$1,295
4905 GALLEON CT
Flor-a-mar
New Port Richey, FL
Updated January 23 at 10:08am UTC
2 Bedrooms
$2,200
2748 FLAGLER COURT
New Port Richey
New Port Richey, FL
Updated January 17 at 7:18pm UTC
4 Bedrooms
$1,700
4326 CRAFTSBURY DRIVE
Beacon Square
New Port Richey, FL
Updated January 7 at 5:33pm UTC
2 Bedrooms
$1,195
11157 BELLE HAVEN DRIVE
New Port Richey
New Port Richey, FL
Updated January 13 at 1:51am UTC
4 Bedrooms
$1,545
1608 ORCHARDGROVE AVENUE
Wyndtree
New Port Richey, FL
Updated January 10 at 1:22pm UTC
3 Bedrooms
$1,735
6715 Parkside Dr.
Lakewood Villas
New Port Richey, FL
Updated January 17 at 11:35am UTC
2 Bedrooms
$1,000
3633 HURSTON STREET
New Port Richey
New Port Richey, FL
Updated January 13 at 1:51am UTC
4 Bedrooms
$2,250
11513 MANISTIQUE WAY
New Port Richey
New Port Richey, FL
Updated January 18 at 11:17am UTC
4 Bedrooms
$2,095
4516 SEAGULL DRIVE
New Port Richey
New Port Richey, FL
Updated January 21 at 4:56pm UTC
3 Bedrooms
$1,700
3462 TROPHY BOULEVARD
New Port Richey
New Port Richey, FL
Updated January 20 at 1:53am UTC
2 Bedrooms
$1,600
9101 EASTHAVEN COURT
New Port Richey
New Port Richey, FL
Updated January 10 at 1:22pm UTC
3 Bedrooms
$1,500
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January 2018 New Port Richey Rent Report

Welcome to the January 2018 New Port Richey Rent Report. New Port Richey rents remained steady over the past month. In this report, we'll evaluate trends in the New Port Richey rental market, including comparisons to cities throughout the metro, state, and nation.

View full New Port Richey Rent Report
Rent Report
New Port Richey

January 2018 New Port Richey Rent Report

Welcome to the January 2018 New Port Richey Rent Report. New Port Richey rents remained steady over the past month. In this report, we'll evaluate trends in the New Port Richey rental market, including comparisons to cities throughout the metro, state, and nation.

New Port Richey rents held steady over the past month

New Port Richey rents have remained flat over the past month, however, they are up sharply by 7.1% year-over-year. Currently, median rents in New Port Richey stand at $800 for a one-bedroom apartment and $1,000 for a two-bedroom. New Port Richey's year-over-year rent growth leads the state average of 3.7%, as well as the national average of 2.8%.

Rents rising across the Tampa Metro

Throughout the past year, rent increases have been occurring not just in the city of New Port Richey, but across the entire metro. Of the largest 10 cities that we have data for in the Tampa metro, all 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 7.6%. The median two-bedroom there costs $1,160, while one-bedrooms go for $930.
  • Over the past month, Dunedin has seen the biggest rent drop in the metro, with a decline of 0.3%. Median two-bedrooms there cost $1,190, 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 $1,500; rents remained steady over the past month.
  • St. Petersburg has the least expensive rents in the Tampa metro, with a two-bedroom median of $1,160; rents decreased 0.2% over the past month but were up 5.7% over the past year.

New Port Richey rents more affordable than many large cities nationwide

As rents have increased sharply in New Port Richey, a few large cities nationwide have seen rents grow more modestly. New Port Richey 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 3.7% over the past year. For example, rents have grown by 4.5% in Jacksonville and 0.4% in Miami.
  • New Port Richey's median two-bedroom rent of $1,000 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 7.1% rise in New Port Richey.
  • While New Port Richey's rents rose sharply over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Los Angeles (+3.4%), and Houston (+2.5%).
  • Renters will find more reasonable prices in New Port Richey than most large cities. For example, Los Angeles has a median 2BR rent of $1,750, 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 -0.1% 6.2%
St. Petersburg $930 $1,160 -0.2% 5.7%
Clearwater $930 $1,160 -0.1% 4.1%
Brandon $1,000 $1,240 -0.3% 3.9%
Largo $930 $1,160 2.1% 7.6%
Riverview $1,030 $1,280 0.4% 1.3%
Palm Harbor $1,060 $1,320 -0.1% 3.7%
Pinellas Park $970 $1,210 0.5% 2.9%
Wesley Chapel $1,210 $1,500 0.4% 0.3%
Dunedin $960 $1,190 -0.3% 5.4%
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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.