Rents are 4% below what Mulberry's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,760 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Mulberry usually run 1.6% below trend in December and 1.5% above it in August, about $55 a month apart at today's median. Based on 5 years of data.
Rent in Mulberry is 1.1% below its high of $1,780 in October 2025, at $1,760 as of September 2026.
Rent in Mulberry changed -0.1% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent rose in 5 of the last 12 months.
30% of the median household income ($57,708) is $1,443 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,260); a 3-bedroom is $1,690.
From Zillow's monthly rent index (ZORI) for Mulberry. 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.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Mulberry, FL has changed in 5 years
Since 2022, the typical rent in Mulberry, FL has climbed from $1,560 to $1,760, a 12.8% 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.
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Can you afford rent in Mulberry on your salary?
At $1,760/mo, how Mulberry rent compares to typical pay (30% rule).
Mulberry rent by bedroom count
Median rent for each apartment size in Mulberry. Click any size for full breakdown.
Tips for renters in Mulberry
Last updated: October 17, 2026
The median rent in Mulberry is $1,760/mo as of October 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 37% of local median household income ($57,708/yr), Mulberry ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.
Frequently asked questions
How much income do you need to rent in Mulberry?
Is rent going up or down in Mulberry?
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How does Mulberry rent compare to other cities in Florida?
At $1,760/mo, rent takes ~37% of Mulberry's median household income ($57,708/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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