New Port Richey, Florida Short-Term Rental Market
New Port Richey STRs show $189 a night at 55.2% occupancy, but the city bans short-term rentals citywide.
Quick Answer: New Port Richey, Florida is an active short-term rental market. average occupancy is 55%. average monthly revenue is $2,878. average daily rate is $189. the top operator is Evolve with 358 listings. market score is 61/100 (grade C).
Market data reflects the Florida Central Area regional market, which includes New Port Richey. Regulations, taxes, and permit details below are specific to New Port Richey.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
New Port Richey is not an open market for new short-term rental investment. The city’s zoning code provides that any land use not specifically permitted in residential districts is prohibited, and no zoning district specifically permits short-term rentals, defined as stays under 30 days. As a result, STRs are effectively banned citywide, and the city does not offer any STR permit or license.
New Port Richey is a small Gulf Coast city in Pasco County, about 35 miles northwest of Tampa on Florida’s Sports Coast, known for its walkable historic downtown along the Pithlachascotee River, Sims Park events, river kayaking, nature preserves, and the annual Chasco Fiesta festival.
Despite the citywide prohibition, StaySTRA’s underlying performance data still shows STR activity in the New Port Richey area as of June 2026. Listing count, bedroom mix, and channel split data for this area are tracked at a shared regional level rather than uniquely for New Port Richey, so this profile omits those specific breakdowns; this activity likely reflects a mix of longer stays that fall outside the STR definition, listings just outside city limits in unincorporated Pasco County or the separate City of Port Richey where STRs may be permitted, and potentially non-compliant listings operating despite the ban.
Among that existing activity, the average daily rate was $189.14 with occupancy at 55.18%, down 2.40% year over year, and revenue per listing at $2,878.16 per month. New Port Richey has a population of 16,676.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 65% | $178 | $3,126 |
| Feb | 80% | $159 | $3,056 |
| Mar | 78% | $159 | $3,290 |
| Apr | 58% | $154 | $2,467 |
| May | 53% | $154 | $2,251 |
| Jun | 60% | $164 | $2,580 |
| Jul | 64% | $168 | $3,003 |
| Aug | 52% | $149 | $2,256 |
| Sep | 48% | $137 | $1,811 |
| Oct | 54% | $134 | $1,936 |
| Nov | 58% | $139 | $2,032 |
| Dec | 57% | $149 | $2,218 |
Top Short-Term Rental Operators in New Port Richey
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 358 | 13,266 | ★ 4.74 |
| 2 | A&J Home Concierge | 160 | 651 | ★ 4.73 |
| 3 | McCormick Management Vacation Rental | 106 | 3,546 | ★ 4.84 |
| 4 | Village Valet Property Management, LLC | 102 | 1,262 | ★ 4.68 |
| 5 | Down Home Properties | 87 | 1,128 | ★ 4.69 |
What Kind of STR Should I Buy in New Port Richey?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,795 |
| 2 bed | 2,796 |
| 3 bed | 2,801 |
| 4 bed | 556 |
| 5 bed | 129 |
ADR by Property Tier
| Entire Home | $194 |
| Luxury | $309 |
| Professionally Managed | $206 |
Revenue by Dwelling Type
| Apartment | $2,058 |
| Entire Place | $2,954 |
| House | $3,084 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 37.8% |
| vrbo | 12.1% |
| both | 50.1% |
Investment Analysis
Given New Port Richey’s citywide prohibition on short-term rentals, with no zoning district that permits them and no permit or license available, this is not a viable market for new short-term rental investment. This section reports the historical and current performance data StaySTRA tracks for context, not as an investment recommendation.
The average listing in this data set rents for $189.14 a night, with a real spread by segment. The top luxury tier averages $308.82 a night, about 63% above the area wide ADR, while professionally managed listings average $205.85, about 9% above market. Entire home listings specifically average $194.18, close to the area wide figure.
Revenue per listing fell 0.46% year over year to $2,878.16 a month, or roughly $34,538 annualized, as occupancy declined 2.40% even though ADR rose slightly, 0.88%. Against a typical home value of $290,296.47 (Zillow, June 2026), that annualized figure equals about 12% of the purchase price on a gross basis, a figure that carries no real world meaning here given that operating a new short-term rental within city limits is not legally possible.
Resale inventory is ample at 1,123 homes for sale against a median list price of $294,333.33. Buyers seeking short-term rental income should look to nearby jurisdictions, such as the separate City of Port Richey or unincorporated Pasco County, rather than New Port Richey itself.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
The data StaySTRA tracks for New Port Richey shows an average booking lead time of 43.84 days and an average length of stay of 5.17 nights, one of the longer average stays in this data set, consistent with snowbird or seasonal residents settling in for an extended winter stay rather than a short weekend trip.
Given the citywide prohibition on short-term rentals, these booking patterns describe existing StaySTRA-tracked activity rather than a market investors can plan around. Any current listings likely reflect longer-term rentals that fall outside the 30-day definition, activity just outside city limits in a jurisdiction with an actual permitting pathway, or non-compliant operation despite the ban.
Prospective hosts should not use these figures to plan a new short-term rental strategy in New Port Richey, since no legal pathway to operate one currently exists within city limits.
Short-Term Rental Regulations
Short-term rentals are effectively prohibited within the City of New Port Richey. The city’s zoning code states that any land use not specifically permitted in residential districts is prohibited, and no zoning district specifically permits short-term rentals, defined as stays under 30 days. Because there is no zoning category that allows them, the city does not offer an STR permit or license, and operating one is a code violation subject to enforcement, including citations and daily fines.
Investors seeking STR income in the area generally must look to long-term rentals of 30 or more days inside the city, or to neighboring jurisdictions such as the separate City of Port Richey or unincorporated Pasco County, where short-term rentals may be allowed.
For any STR legally operated elsewhere in Pasco County, lodging is subject to Florida’s 6% state sales and use tax plus the county’s 5% Tourist Development Tax, increased from 4% to 5% effective June 1, 2022, on stays of six months or less. Florida state law, Section 509 of the Florida Statutes, preempts the licensing and regulation of vacation rentals to the state, but pre-2011 local restrictions such as New Port Richey’s are generally treated as grandfathered and remain enforceable.
Enforcement is rated strict. No recent change to New Port Richey’s prohibition on short-term rentals has been found, so buyers should always confirm current status directly with the City of New Port Richey before purchasing.
Market Comparison
New Port Richey’s occupancy of 55.18% and $189.14 average daily rate both sit reasonably close to broader national short-term rental benchmarks, roughly a 55% occupancy median and a $220 ADR median, but that comparison is largely academic here given the citywide ban on short-term rentals.
Property manager data for this area is tracked at a shared regional level rather than uniquely for New Port Richey, so this profile omits naming specific operators here.
Given the prohibition on new permits, any operator activity reflected in this data set says more about a legacy or non-compliant market winding down, or activity spilling over from neighboring jurisdictions like the separate City of Port Richey, than about a healthy, growing short-term rental market worth entering for a new investor.
Frequently Asked Questions About New Port Richey, Florida
Are short-term rentals legal in New Port Richey, Florida?
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What is the average daily rate for short-term rentals StaySTRA tracks in New Port Richey?
What is the occupancy rate for short-term rentals in New Port Richey?
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