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City Report · FL

Mulberry

Pop. 4,188·248th most expensive in Florida·Rental market data updated monthly for Mulberry, FL
Median rent (all units)
$1,755/mo
Year-over-Year
+0.8%
Month-over-Month
+1.4%
vs US Median
-$210
Rising (Monthly)
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Most AffordableMost Expensive
Mulberry · $1,755
More affordable than 57% of US cities · National median $1,965/mo
Rent Reality Score
61/100
Good value
OverheatedFairGreat value

Rents are 5% below what Mulberry's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,755/mo
Expected by trend
$1,853/mo
The Rent Reality Score compares today's median rent to where Mulberry's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,030
2 BR
$1,260
3 BR
$1,690
4 BR+
$2,120
Research median
$1,260/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,060/yr
At $1,755/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.8% YoY, +1.4% MoM), not inventory.
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Demographics

Who lives here

Mulberry, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 17.7% of residents hold a bachelor's degree or higher.

Population
4,188
Median income
$57,708
Median age
51.4
Renters
20.8%
Age distribution
17.8%
24.8%
12.7%
35.7%
Under 1817.8%
18–349.1%
35–5424.8%
55–6412.7%
65+35.7%
Gender
44.7%
55.3%
Male44.7%
Female55.3%
Race & ethnicity
80%
16%
White80%
Black6.3%
Hispanic16%
Asian1.8%
Education (25+)
37.1%
34.6%
17.7%
No HS diploma10.6%
HS diploma37.1%
Some college34.6%
Bachelor's+17.7%
Housing tenure
79.2%
20.8%
Owner79.2%
Renter20.8%

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

2022 vs 2026

How Mulberry, FL has changed in 5 years

Rent
$1,574 → $1,755
up 11.5%
Income
$44,702 → $57,708
up 29.1%
Population
3,920 → 4,188
up 6.8%
Renter share
31.6% → 20.8%
-10.8 pts
Bachelor's+
19.6% → 17.7%
-1.9 pts
Median age
48.5 → 51.4
+2.9 yrs

Since 2022, the typical rent in Mulberry, FL has climbed from $1,574 to $1,755, a 11.5% change over five years. Median household income rose from $44,702 to $57,708 between 2021 and 2024, a 29.1% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 6.8% since 2021, moving from about 3,920 residents to roughly 4,188. Renters now make up 20.8% of households, compared with 31.6% five years ago. Taken together, the five-year picture in Mulberry, 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

Discussions about Mulberry

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

Can you afford rent in Mulberry on your salary?

At $1,755/mo, how Mulberry rent compares to typical pay (30% rule).

By apartment size

Mulberry rent by bedroom count

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

Local insights

Tips for renters in Mulberry

About renting in Mulberry, FL

Last updated: July 20, 2026

The median rent in Mulberry is $1,755/mo as of July 2026. A studio apartment averages $1,020/mo while a 2-bedroom runs $1,260/mo. One-bedroom apartments average $1,030/mo and 3-bedroom units go for $1,690/mo.

At 36% of local median household income ($57,708/yr), Mulberry ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

Is Mulberry an affordable city for renters?

Mulberry is considered moderate for renters. At $1,755/mo, rent takes approximately 36% of the local median household income ($57,708/yr). The standard benchmark is 30%. Mulberry slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Mulberry?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,755/mo in Mulberry. The local median household income is $57,708/yr, meaning the typical Mulberry household falls short of that threshold.

Is rent going up or down in Mulberry?

Rent in Mulberry has increased 0.8% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Mulberry rent compare to other cities in Florida?

Mulberry is one of the more affordable cities in Florida for rent, ranking #248 out of 288 tracked cities at $1,755/mo.

Which nearby cities are cheaper to rent in than Mulberry?

Bartow is nearby and more affordable at $1,713/mo, which is $42 less than Mulberry.

What percentage of Mulberry residents rent vs. own?

According to Census data, approximately 20.8% of Mulberry households are renters, while 79.2% are owner-occupied. Mulberry leans toward homeownership, which can mean a smaller rental inventory.

How does Mulberry rent compare to the national average?

Mulberry's median rent of $1,755/mo is $210 (11%) below the US national median of $1,965/mo. Within Florida, it ranks #248 out of 288 tracked cities.
Income Affordability
36%
MODERATE

At $1,755/mo, rent takes ~36% of Mulberry's median household income ($57,708/yr). The standard benchmark is 30%.

Mulberry 36%Benchmark 30%
State income taxNone
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Neighborhoods

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Schools nearby

Public schools near Mulberry, FL

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