Is it better to rent or buy in New Port Richey, Florida (34652)? Here's what the numbers say for 2026.
In ZIP code 34652 (New Port Richey, Florida), the typical home value is approximately $215,982 and the typical monthly rent is $1,728.
The price-to-rent ratio of 10.4 means it takes 10.4 years of rent to equal the purchase price. Ratios below 15 typically favor buying — your monthly mortgage payment may be competitive with rent, and you build equity over time.
Using the 5% Rule: 5% of the typical home value equals $10,799.1 per year, or $900/month. Since this is below the average rent of $1,728/month, buying may be the more cost-effective choice.
The 5% rule accounts for property taxes (~1%), maintenance (~1%), and the opportunity cost of the down payment (~3%). It's a quick screen — use the full calculator below for a personalized analysis.
Based on the price-to-rent ratio of 10.4, buying tends to be more cost-effective in 34652 for those planning to stay 5+ years. The monthly cost of ownership may be competitive with rent, and you build equity over time.
The typical home value in ZIP code 34652 (New Port Richey, Florida) is approximately $215,982 as of 2026. Prices vary by property type, condition, and exact location within the ZIP code.
The typical monthly rent in ZIP code 34652 is approximately $1,728 per month. This represents a blended average across apartment sizes and property types. Studio apartments typically rent for less; 3+ bedroom homes typically rent for more.
The typical break-even point in 34652 — where buying becomes cheaper than renting — is estimated at 3–5 years given current prices and rates. Use the full calculator below with your specific numbers to get a personalized break-even estimate.
The numbers above are averages. Your situation is unique — enter your actual income, down payment, and timeline to get a precise answer.
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