City Report · FL

Plant City

Pop. 40,887·237th most expensive in Florida·Rental market data updated monthly for Plant City, FL
Median rent (all units)
$1,766/mo
Year-over-Year
-3.5%
Month-over-Month
-1.4%
vs US Median
-$166
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Plant City · $1,766
More affordable than 56% of US cities · National median $1,932/mo
Rent Reality Score
83/100
Great value
OverheatedFairGreat value

Rents are 16% below what Plant City's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,766/mo
Expected by trend
$2,109/mo
The Rent Reality Score compares today's median rent to where Plant City's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,350
1 BR
$1,457
2 BR
$1,710
3 BR
$2,190
4 BR+
$2,663
Fair Market Rent (HUD)
$1,710/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,766 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 Plant City usually run 0.8% below trend in February and 0.9% above it in October, about $30 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Plant City is 3.7% below its high of $1,834 in January 2026, at $1,766 as of September 2026.

Past year vs. the rest of Florida

Rent in Plant City changed -3.5% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Since before the pandemic

Rent in Plant City is 42.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 2 months in a row, and rose in 3 of the last 12 months.

What a typical income covers

30% of the median household income ($67,439) is $1,686 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,457); a 2-bedroom is $1,710.

From Zillow's monthly rent index (ZORI) for Plant City. 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
$21,192/yr
At $1,766/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 3.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-3.5% YoY, -1.4% MoM), not inventory.
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Demographics

Who lives here

Plant City, FL is majority owner-occupied, 24.2% of residents hold a bachelor's degree or higher.

Population
40,887
Median income
$67,439
Median age
37.1
Renters
33.6%
Age distribution
24%
22.7%
27.6%
14.4%
Under 1824%
18–3422.7%
35–5427.6%
55–6411.4%
65+14.4%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
56.5%
15.1%
33.9%
White56.5%
Black15.1%
Hispanic33.9%
Asian1.8%
Education (25+)
17.1%
31.1%
27.5%
24.2%
No HS diploma17.1%
HS diploma31.1%
Some college27.5%
Bachelor's+24.2%
Housing tenure
66.4%
33.6%
Owner66.4%
Renter33.6%

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

2021 vs 2026

How Plant City, FL has changed in 5 years

Rent
$1,404 → $1,766
up 25.8%
Income
$57,025 → $67,439
up 18.3%
Population
39,272 → 40,887
up 4.1%
Renter share
39% → 33.6%
-5.4 pts
Bachelor's+
22.8% → 24.2%
+1.4 pts

Five years ago, renters in Plant City, FL paid around $1,404 a month. That figure now sits near $1,766, up 25.8% from the 2021 baseline. Household income in the area moved from $57,025 to $67,439 across the same window, up 18.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Plant City, FL adding about 1,615 residents over the five-year window, up 4.1% on net. The renter share has eased from 39% to 33.6%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in Plant City, FL look reasonable against where the market sat half a decade ago.

Community

Discussions about Plant City

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View Plant City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Plant City on your salary?

At $1,766/mo, how Plant City rent compares to typical pay (30% rule).

By apartment size

Plant City rent by bedroom count

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

Local insights

Tips for renters in Plant City

About renting in Plant City, FL

Last updated: October 17, 2026

The median rent in Plant City is $1,766/mo as of October 2026. A studio apartment averages $1,350/mo while a 2-bedroom runs $1,710/mo. One-bedroom apartments average $1,457/mo and 3-bedroom units go for $2,190/mo.

At 31% of local median household income ($67,439/yr), Plant City ranks as moderate compared to the national benchmark of 30%. Rents have decreased 3.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Plant City?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,766/mo in Plant City. The local median household income is $67,439/yr, so the typical household falls short of that bar.

Is rent going up or down in Plant City?

Rent in Plant City has fallen 3.5% over the past year as of September 2026. It sits 3.7% below its high of $1,834 in January 2026.

When is the cheapest time to rent in Plant City?

Asking rents in Plant City are usually lowest in February, about 0.8% below their yearly trend, and highest in October, about 0.9% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 10 years of Zillow rent data.

Which Plant City neighborhoods have the lowest rent?

The most affordable ZIP codes in Plant City are 33563 ($1,584/mo), 33566 ($1,792/mo), and 33565 ($2,358/mo). Citywide, the median rent is $1,766/mo.

How does Plant City rent compare to other cities in Florida?

Plant City is one of the more affordable among Florida cities for rent, ranking #237 of 289 tracked cities at $1,766/mo. Over the year to September 2026, rent in Plant City changed -3.5%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Plant City?

Nearby cities with lower median rent than Plant City ($1,766/mo) include Lakeland ($1,687/mo), and Brandon ($1,729/mo).
Income Affordability
31%
MODERATE

At $1,766/mo, rent takes ~31% of Plant City's median household income ($67,439/yr). The standard benchmark is 30%.

Plant City 31%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Plant City, FL

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