New Port Richey, FL—34655

As of July '25, Rentcast reports the average rent in New Port Richey, FL is $2,310, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in New Port Richey, FL is 1-bedrooms: $1,520, 2-bedrooms: $1,860, 3-bedrooms: $2,390, 4-bedrooms: $2,780. The most common rental property sizes in New Port Richey, FL are 2-bedroom and 3-bedroom, accounting for 48.3% and 19.0% of the rental stock.

As of the latest ACS Survey released in 2023, New Port Richey, FL has a population of 47,700, which has increased by 21.1% over the past 5 years. New Port Richey, FL is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 36.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.

As of the latest ACS Survey released in 2023, New Port Richey, FL is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in New Port Richey, FL is hispanic, making up 8.8% of the population. Foreign-born residents account for 11.9% of the population in New Port Richey, FL, and this percentage has increased by 32.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

As of 2024, the percent of homes in New Port Richey, FL under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In New Port Richey, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.