Verdad CRE

Multifamily Neighborhood Ledger
October 2026

Dunedin

Dunedin, Florida  ·  Multifamily rents through October 22, 2026

$1,500
1 Bedroom median asking
$2.44/SF on 33 listings
$1,950
2 Bedroom median asking
$2.32/SF on 50 listings
$2,250
3+ Bedroom median asking
$1.99/SF on 11 listings
42
Median days from listing to lease
35 leases in 180 days
0.0%
Listings with a concession
of 158 tracked
64
Properties tracked
last 180 days

The Neighborhood

Pinellas County

Dunedin 2 bedrooms ask a $1,950 median across 50 listings

158
Listings Tracked
last 180 days
64
Properties
with a listing in the window
94
Units Advertised
in the last 45 days
35
Leases Observed
last 180 days

On the market in the last 45 days: 1 bedrooms at a $1,500 median on 33 listings ($2.44 per square foot), 2 bedrooms at $1,950 on 50 listings ($2.32 per square foot) and 3+ bedrooms at $2,250 on 11 listings ($1.99 per square foot). The 2 bedroom is the deepest part of the market, more than half of the 94 units advertised.

Lease history in Dunedin is short: 35 leases over 180 days across every unit type. This issue leads with what owners are asking today, how size sets the rent and how rarely owners discount.

Asking Rents by Unit Type

Listings seen in the last 45 days

Unit Type Listings Median Asking Average 25th to 75th Pct Avg $/SF Avg SF Dunedin Median vs City
1 Bedroom 33 $1,500 $1,605 $1,380 to $1,870 $2.44 689 $1,550 ▼ -3.2%
2 Bedroom 50 $1,950 $2,137 $1,796 to $2,528 $2.32 952 $1,895 ▲ +2.9%
3+ Bedroom 11 $2,250 $2,351 $2,075 to $2,463 $1.99 1,144 $2,075 ▲ +8.4%

1 Bedroom: the middle range runs $1,380 to $1,870 (25th to 75th percentile) on 33 active listings averaging 689 square feet.

2 Bedroom: the middle range runs $1,796 to $2,528 on 50 active listings averaging 952 square feet.

3+ Bedroom: the middle range runs $2,075 to $2,463 on 11 active listings averaging 1,144 square feet.

Comparable Listings

Most recent listing per property, up to 10 per unit type

Studio Comps

Property Unit SF Asking $/SF Days on Market Status Concession
2186 EDYTHE DRIVE

2186 Edythe Drive, Dunedin, FL 34698
8 726 $2,500 $3.44 n/a Leased est. 2026-07-25

1 Bedroom Comps

Property Unit SF Asking $/SF Days on Market Status Concession
5 Gateshead Dr APT 210, Dunedin, FL 34698

5 Gateshead Dr APT 210, Dunedin, FL 34698
210 1,076 $2,300 $2.14 5 Active
Dunedin Commons

2701 Dunedin Commons Pl, Dunedin, FL
06-103 826 $2,172 $2.63 5 Active
353 Colonial Ct #1, Dunedin, FL 34698

353 Colonial Ct #1, Dunedin, FL 34698
1 1,000 $2,050 $2.05 5 Active
464 N Paula Dr APT 316, Dunedin, FL 34698

464 N Paula Dr APT 316, Dunedin, FL 34698
316 704 $1,750 $2.49 5 Active
1677 Fry Ct, Dunedin, FL 34698

1677 Fry Ct, Dunedin, FL 34698
780 $1,600 $2.05 5 Active
444 N Paula Dr, Dunedin, FL

444 N Paula Dr, Dunedin, FL
n/a $1,555 n/a 5 Active
416 Skinner Blvd, Legacy Real Estate Fund LLC

416 Skinner Blvd, Legacy Real Estate Fund LLC, 416 Skinner Blvd APT B, Dunedin, FL 34698
620 $1,549 $2.50 5 Active
2700 Bayshore Blvd, Dunedin, FL

2700 Bayshore Blvd, Dunedin, FL
n/a $1,500 n/a 5 Active
San Christopher Apartments

San Christopher Apartments, 680 San Christopher Dr #1337ac4e0, Dunedin, FL 34698
1337ac4e0 570 $1,450 $2.54 5 Active
601-603 Tampa Bay Growth Fund Principal LLC

601-603 Tampa Bay Growth Fund Principal LLC, 601-603 Lyndhurst St #601-A, Dunedin, FL 34698
601-A 550 $1,399 $2.54 5 Active

2 Bedroom Comps

Property Unit SF Asking $/SF Days on Market Status Concession
448 Locklie St #A, Dunedin, FL 34698

448 Locklie St #A, Dunedin, FL 34698
A 987 $3,500 $3.55 5 Active
300 Woodette Dr APT 501A, Dunedin, FL 34698

300 Woodette Dr APT 501A, Dunedin, FL 34698
501A 1,375 $3,500 $2.55 5 Active
1158 Overcash Dr #1, Dunedin, FL 34698

1158 Overcash Dr #1, Dunedin, FL 34698
1 n/a $3,050 n/a 5 Active
250 Woodette Dr #A, Dunedin, FL 34698

250 Woodette Dr #A, Dunedin, FL 34698
A 1,180 $3,000 $2.54 5 Active
2 Causeway Blvd APT 208, Dunedin, FL 34698

2 Causeway Blvd APT 208, Dunedin, FL 34698
208 1,123 $3,000 $2.67 5 Active
2700 Bayshore Blvd, Dunedin, FL

2700 Bayshore Blvd, Dunedin, FL
11105 1,245 $2,995 $2.41 5 Active
Dunedin Commons

2701 Dunedin Commons Pl, Dunedin, FL
03-108 1,189 $2,821 $2.37 5 Active
2683 Saint Josephs Dr E, Dunedin, FL 34698

2683 Saint Josephs Dr E, Dunedin, FL 34698
700 $2,500 $3.57 5 Active
635 Michigan Blvd #Boulevard100

635 Michigan Blvd #Boulevard100, Dunedin, FL 34698
Boulevard100 1,600 $2,495 $1.56 5 Active
1863 Pasadena Dr #1865, Dunedin, FL 34698

1863 Pasadena Dr #1865, Dunedin, FL 34698
1865 650 $2,350 $3.62 5 Active

3+ Bedroom Comps

Property Unit SF Asking $/SF Days on Market Status Concession
2700 Bayshore Blvd, Dunedin, FL

2700 Bayshore Blvd, Dunedin, FL
n/a $3,745 n/a 5 Active
1412 Gladys Cir #Id1466152p, Dunedin, FL 34698

1412 Gladys Cir #Id1466152p, Dunedin, FL 34698
1,097 $2,712 $2.47 5 Active
270 Promenade Dr, Dunedin, FL 34698

270 Promenade Dr, Dunedin, FL 34698
1,190 $2,475 $2.08 5 Active
433 James St #435, Dunedin, FL 34698

433 James St #435, Dunedin, FL 34698
435 1,200 $2,450 $2.04 5 Active
The Carlisle at Dunedin

612 Bass Ct, Dunedin, FL
TH-631 1,211 $2,319 $1.91 5 Active
411 Marjon Ave, Dunedin, FL 34698

411 Marjon Ave, Dunedin, FL 34698
413 1,100 $2,250 $2.05 5 Active
Sunny View Apartments

950 Beltrees Street, Dunedin, FL 34698
n/a $2,075 n/a 5 Active
152 Macalpine Way, Dunedin, FL

152 Macalpine Way, Dunedin, FL
n/a $1,865 n/a 5 Active
Beltrees Plaza

660 Beltrees Street, Dunedin, FL 34698
225 1,100 $1,645 $1.50 74 Active

Pricing Benchmarks

1 Bedroom

Median asking, last 45 days$1,500
Median estimated leased rent, last 180 days$1,500
Pricing floor / ceiling (25th / 75th percentile)$1,380 / $1,870
Average $/SF · average SF$2.44 · 689
Median days from listing to lease19

2 Bedroom

Median asking, last 45 days$1,950
Median estimated leased rent, last 180 days$1,800
Pricing floor / ceiling (25th / 75th percentile)$1,796 / $2,528
Average $/SF · average SF$2.32 · 952
Median days from listing to lease78

3+ Bedroom

Median asking, last 45 days$2,250
Median estimated leased rent, last 180 daysn/a
Pricing floor / ceiling (25th / 75th percentile)$2,075 / $2,463
Average $/SF · average SF$1.99 · 1,144
Median days from listing to leasen/a
Median Asking Rent 1 Bedroom 2 Bedroom 3+ Bedroom
Trailing 30 Days $1,500

▼ -9.0%
$1,950

▼ -2.5%
$2,285

n/a
Trailing 60 Days $1,555

▲ +9.1%
$1,995

▲ +10.8%
$2,250

n/a
Trailing 90 Days $1,575

▲ +10.5%
$1,950

▲ +8.3%
$2,250

n/a
Estimated Leased Rent, Last 90 Days n/a

n/a vs n/a a year ago
$1,698

n/a vs n/a a year ago
n/a

n/a vs n/a a year ago

Leasing Velocity

Leases observed in the last 180 days

42
Median Days to Lease
all unit types, 35 leases
37.1%
Leased Within 30 Days
13 units
57.1%
Leased Within 60 Days
20 units
68.6%
Leased Within 90 Days
24 units

Units that leased in the last 180 days took a median of 42 days from listing to lease.

Of the 35 leases observed, 37.1% were completed within 30 days, 57.1% within 60 days and 68.6% within 90 days.

No listing advertised a concession over 180 days, and price cuts were taken on 3 of 158 listings.

Properties With the Most Activity

Ranked by listings tracked in the last 180 days

Property Units Year Built Listings Active Now Avg Asking Range Avg $/SF Median Days to Lease
Dunedin Commons

2701 Dunedin Commons Pl, Dunedin, FL
n/a 2018 18 18 $2,224 $1,850 to $2,821 $2.55 n/a
The Carlisle at Dunedin

612 Bass Ct, Dunedin, FL
n/a n/a 13 13 $1,683 $1,322 to $2,319 $2.29 n/a
Beltrees Plaza

660 Beltrees Street, Dunedin, FL 34698
68 1975 11 2 $1,421 $1,125 to $1,645 $1.62 42
3301 Alt #174

3301 Alt, Dunedin, FL 34698
n/a n/a 9 1 $1,833 $1,250 to $2,200 $1.59 95
580 Tampa Bay Growth Fund Principal LLC

580 Skinner Blvd, Dunedin, FL
4 1983 7 0 $1,874 $1,695 to $2,045 $2.97 45
Sunny View Apartments

950 Beltrees Street, Dunedin, FL 34698
25 1989 7 4 $1,846 $1,650 to $2,075 $2.08 17
439 Paula Dr S

439 South Paula Drive South, Dunedin, FL 34698
1 1969 7 1 $1,784 $1,400 to $2,000 $2.52 278
2700 Bayshore Blvd

2700 Bayshore Blvd, Dunedin, FL
n/a n/a 5 5 $2,428 $1,500 to $3,745 $2.23 n/a
2186 EDYTHE DRIVE

2186 Edythe Drive, Dunedin, FL 34698
1 1960 4 0 $2,509 $1,940 to $3,200 $3.24 n/a
79 Patricia Ave

79 Patricia Ave, Dunedin, FL
3 1960 4 0 $2,145 $1,795 to $2,295 $2.73 28

Investment Read

The 2 bedroom carries the widest spread in Dunedin. The middle range runs $1,796 to $2,528, a $732 spread, and size explains most of it. Over 180 days, 2 bedrooms of 600 to 899 square feet averaged $1,793 at $2.37 per square foot, while 2 bedrooms of 1,200 square feet and up averaged $2,391 at $1.83. The larger unit asks about $600 more and about 54 cents less per foot. An owner with a large 2 bedroom priced at the small-unit rate per foot is likely above the market.

The 1 bedroom shows the opposite pattern. Units under 600 square feet averaged $1,579 over 180 days at $2.97 per square foot, and units of 600 to 899 square feet averaged $1,621 at $2.36. That is $42 more for a materially larger unit, so the small 1 bedroom is where the per foot ask is highest and where an owner has the least room to raise it.

The 3+ bedroom asks a $2,250 median, $300 over the 2 bedroom median for about 190 more square feet on average. With 11 active listings it is a thin slice of the market, and its middle range of $2,075 to $2,463 is narrow. Owners here are not discounting to fill units: no concessions over 180 days, and price cuts on 3 of 158 listings.

Strengths

  • No listing advertised a concession over 180 days.
  • Price cuts were taken on 3 of 158 listings over 180 days.
  • The 2 bedroom carries 50 of the 94 units advertised in the last 45 days, the deepest set of comparables in the zip.

Considerations

  • Lease history is short: 35 leases over 180 days across every unit type.
  • The 2 bedroom middle range spans $732, so a single median says less about any one unit than size does.
  • Large 2 bedrooms of 1,200 square feet and up averaged $1.83 per square foot over 180 days, against $2.37 for 600 to 899 square feet.
Pricing
The middle range is $1,380 to $1,870 for 1 bedrooms, $1,796 to $2,528 for 2 bedrooms and $2,075 to $2,463 for 3+ bedrooms.
Size
Per foot rents fall as units get larger: $2.97 for 1 bedrooms under 600 square feet, $2.37 for 2 bedrooms of 600 to 899 square feet and $1.83 for 2 bedrooms of 1,200 square feet and up.
Supply
94 units advertised in the last 45 days: 50 of them 2 bedrooms, 33 1 bedrooms and 11 3+ bedrooms.
Concessions
None advertised over 180 days. Price cuts were taken on 3 of 158 listings, 2 of them on 2 bedrooms.

Advisory Conclusion

The numbers show a Dunedin market priced by size rather than by discount. Medians sit at $1,500 for a 1 bedroom, $1,950 for a 2 bedroom and $2,250 for a 3+ bedroom, no owner advertised a concession over 180 days, and price cuts touched 3 of 158 listings.

An owner in Dunedin should price each 2 bedroom by its square footage rather than the median: $2.37 per foot for 600 to 899 square feet, $1.83 for 1,200 and up. For a small 1 bedroom, the $2.97 per foot average for units under 600 square feet is already the top of the market.

Own an Apartment Building in Dunedin?

Value changes every year. Your plan should too. Owners who get a BOV every one to two years make the hold, refinance, sell and estate decisions on current numbers. A Broker Opinion of Value from Verdad CRE puts a current market value on your building and the return on the equity in it. Confidential and at no cost.

REQUEST A BOV

James J. Vestal, CEO and Managing Broker, 727-625-4725, james@verdadcre.com

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