City Report · FL

Brandon

Pop. 119,767·247th most expensive in Florida·Rental market data updated monthly for Brandon, FL
Median rent (all units)
$1,729/mo
Year-over-Year
-0.2%
Month-over-Month
+1.1%
vs US Median
-$203
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Brandon · $1,729
More affordable than 58% of US cities · National median $1,932/mo
Rent Reality Score
76/100
Good value
OverheatedFairGreat value

Rents are 13% below what Brandon's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,729/mo
Expected by trend
$1,982/mo
The Rent Reality Score compares today's median rent to where Brandon's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,690
1 BR
$1,820
2 BR
$2,135
3 BR
$2,735
4 BR+
$3,325
Fair Market Rent (HUD)
$2,135/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,729 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in Brandon usually run 0.9% below trend in February and 0.6% above it in August, about $26 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Brandon is 2.1% below its high of $1,766 in June 2025, at $1,729 as of September 2026.

Past year vs. the rest of Florida

Rent in Brandon changed -0.2% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Brandon rose 49.2% while median household income rose 30.4% ($61,120 to $79,685). Rent outpaced income.

Since before the pandemic

Rent in Brandon is 44.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 3 of the last 12 months.

What a typical income covers

30% of the median household income ($79,685) is $1,992 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,820); a 2-bedroom is $2,135.

From Zillow's monthly rent index (ZORI) for Brandon. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,748/yr
At $1,729/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.2% YoY, +1.1% MoM), not inventory.
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Demographics

Who lives here

Brandon, FL is majority owner-occupied, 33.8% of residents hold a bachelor's degree or higher.

Population
119,767
Median income
$79,685
Median age
37.3
Renters
43.8%
Age distribution
21.2%
25.4%
26.9%
12.2%
14.4%
Under 1821.2%
18–3425.4%
35–5426.9%
55–6412.2%
65+14.4%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
48.3%
17.9%
30.9%
White48.3%
Black17.9%
Hispanic30.9%
Asian4.4%
Education (25+)
25.8%
30.6%
33.8%
No HS diploma9.9%
HS diploma25.8%
Some college30.6%
Bachelor's+33.8%
Housing tenure
56.2%
43.8%
Owner56.2%
Renter43.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Brandon, FL has changed in 5 years

Rent
$1,274 → $1,729
up 35.7%
Income
$64,401 → $79,685
up 23.7%
Population
115,330 → 119,767
up 3.8%
Renter share
46.2% → 43.8%
-2.4 pts
Bachelor's+
33.1% → 33.8%
+0.7 pts

Compared with 2021, rent in Brandon, FL has increased by $455 per month, settling near $1,729 after starting the period at $1,274. Median household income grew from $64,401 to $79,685 between 2021 and 2024, a 23.7% shift. Rent outpaced income growth by roughly 12.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 115,330 to 119,767 between 2021 and 2024, a 3.8% change. About 43.8% of households rent today, against 46.2% in 2021. Taken together, the five-year picture in Brandon, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Brandon rent history (2015–2026) →
Salary vs rent

Can you afford rent in Brandon on your salary?

At $1,729/mo, how Brandon rent compares to typical pay (30% rule).

By apartment size

Brandon rent by bedroom count

Median rent for each apartment size in Brandon. Click any size for full breakdown.

Local insights

Tips for renters in Brandon

About renting in Brandon, FL

Last updated: October 17, 2026

The median rent in Brandon is $1,729/mo as of October 2026. A studio apartment averages $1,690/mo while a 2-bedroom runs $2,135/mo. One-bedroom apartments average $1,820/mo and 3-bedroom units go for $2,735/mo.

At 26% of local median household income ($79,685/yr), Brandon ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Brandon?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,729/mo in Brandon. The local median household income is $79,685/yr, so the typical household meets that bar.

Is rent going up or down in Brandon?

Rent in Brandon has been roughly flat over the past year as of September 2026, a -0.2% change. It sits 2.1% below its high of $1,766 in June 2025.

When is the cheapest time to rent in Brandon?

Asking rents in Brandon are usually lowest in February, about 0.9% below their yearly trend, and highest in August, about 0.6% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Brandon?

Yes. From 2019 to 2024, rent in Brandon rose 49.2% while median household income rose 30.4%, from $61,120 to $79,685. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Brandon neighborhoods have the lowest rent?

The most affordable ZIP codes in Brandon are 33511 ($1,704/mo), and 33510 ($1,761/mo). Citywide, the median rent is $1,729/mo.

How does Brandon rent compare to other cities in Florida?

Brandon is one of the more affordable among Florida cities for rent, ranking #247 of 289 tracked cities at $1,729/mo. Over the year to September 2026, rent in Brandon changed -0.2%, against a typical +1.8% across the 270 Florida cities Zillow tracks.
Income Affordability
26%
AFFORDABLE

At $1,729/mo, rent takes ~26% of Brandon's median household income ($79,685/yr). The standard benchmark is 30%.

Brandon 26%Benchmark 30%
State income taxNone
Run the Brandon affordability calculator →
Lowest-rent ZIP codes in Brandon
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Neighborhoods

Estimated from ZIP-level data

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Public schools near Brandon, FL

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