What is the median home value in Pasco County, FL?

The median home value in Pasco County, FL is $265,800, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Pasco County, FL?

The cap rate proxy in Pasco County, FL is 8.9% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is above average for cash-flow investors.

How much new construction is happening in Pasco County, FL?

Pasco County has 588,758 residents and issued 7,984 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Tampa-St. Petersburg-Clearwater, FL · Florida

Pasco County

588,758 residents7,984 permits TTM$67,384 median HHI24 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$265,800

ACS 5-Year

Cap rate proxy

8.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

24.4%

HUD FMR ÷ ACS HHI

Net migration

+3.88%

IRS SOI

Permits (TTM)

7,984

Census BPS

Climate risk

96.0

FEMA NRI (0–100)

ZIP code breakdown24 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
34691	$220,122	$1,820	9.9%	9.4%	3.4%
34652	$213,610	$1,660	9.3%	9.3%	-0.7%
34668	$225,478	$1,810	9.6%	9.3%	3.1%
34679	$265,800county est.	$1,660	7.5%	6.2%	17.4%
34690	$216,395	$1,680	9.3%	9.6%	-4.5%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$426,269	$2,360	6.6%	8.7%	-32.1%
$276,316	$1,650	7.2%	8.5%	-19.3%
$311,421	$1,770	6.8%	8.1%	-20.2%
$226,090	$1,470	7.8%	8.1%	-3.7%
$247,789	$1,670	8.1%	7.6%	5.0%
$317,240	$2,000	7.6%	7.4%	2.4%
$337,411	$1,720	6.1%	7.3%	-19.8%
$349,897	$1,420	4.9%	7.1%	-45.1%
$406,770	$2,730	8.1%	7.0%	13.0%
$393,840	$2,780	8.5%	6.7%	21.0%
$343,413	$1,370	4.8%	6.6%	-39.1%
$378,364	$2,220	7.0%	6.4%	9.1%
$378,510	$1,690	5.4%	6.4%	-19.8%
$255,449	$1,350	6.3%	6.3%	-1.6%
$420,868	$2,640	7.5%	6.2%	16.4%
$422,853	$2,960	8.4%	6.2%	25.9%
$265,800county est.	$1,440	6.5%	6.2%	4.7%
$402,913	$2,490	7.4%	6.1%	17.6%
$330,434	$1,320	4.8%	5.0%	-3.9%

Demographics

Owner-occupied

75.5%

Census ACS

Vacancy rate

13.3%

Census ACS

Bachelor's degree +

28.0%

Census ACS

Rent burdened

50.8%

Census ACS (>30% income)

Median age

43.7

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Pasco County

See all 24 ZIPs ranked by yield and cap rate