Waters Pointe
1885 Shore Dr S,
South Pasadena, FL 33707
1-2 Beds | $2,330 - $2,910
Rental Market Trends in South Pasadena, FL
Updated August 2026
The average rent in South Pasadena, FL is $1,959/month.
Rent in South Pasadena is 18% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.
$1,959/month
Average Rent
768 Sq Ft
Average Size
+6%
Change / Year
52
Available Apartments
South Pasadena rent varies by unit size and layout:
- Studio apartments in South Pasadena average $1,267 per month.
- One-bedroom apartments in South Pasadena average $1,959 per month.
- Two-bedroom apartments in South Pasadena average $2,186 per month.
- Three-bedroom apartments in South Pasadena average $2,116 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in South Pasadena, FL?
In the past year, rent has increased by 6%, which averages out to $118 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in South Pasadena, FL
August 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
20%
$700 - $1,000/month
0%
$1,001 - $1,500/month
60%
$1,501 - $2,000/month
20%
Above $2,000/month
What salary do I need to live comfortably in South Pasadena, FL?
Because the average rent in South Pasadena is $1,959, you’ll want to make about $6,530 per month or $78,360 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does South Pasadena, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare South Pasadena, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Treasure Island
Avg Rent: $995/month
-
Gulfport
Avg Rent: $805/month
-
Saint Pete Beach
Avg Rent: $1,779/month
-
Madeira Beach
Avg Rent: $1,378/month
-
Kenneth City
Avg Rent: $1,310/month
Apartment Communities in South Pasadena We Think You'll Love
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Frequently Asked Questions
What is the average rent in South Pasadena?
The average rent in South Pasadena is $1,959 per month, which is 17.7% higher than the national average of $1,664.
What is the average rent for a condo in South Pasadena?
The average rent for a condo in South Pasadena, FL is $1,835 per month.
Are rents going up or down in South Pasadena?
Rents in South Pasadena, FL are increasing, with prices up 6.0% year-over-year and $118 more per month.
What rent range is most common in South Pasadena?
In South Pasadena, FL, 60% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.