City Report · FL

Plant City

Pop. 40,887·226th most expensive in Florida·Plant City rents have dropped 8.8%, currently a renter's market
Median rent (all units)
$1,858/mo
Year-over-Year
-8.8%
Month-over-Month
+0.6%
vs US Median
-$104
Rising (Monthly)
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Most AffordableMost Expensive
Plant City · $1,858
More expensive than 50% of US cities · National median $1,962/mo
Rent Reality Score
84/100
Great value
OverheatedFairGreat value

Rents are 17% below what Plant City's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,858/mo
Expected by trend
$2,235/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 $1,858 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: August 17, 2026

Annual cost
$22,296/yr
At $1,858/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 8.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-8.8% YoY, +0.6% 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
$1,526 → $1,858
up 21.8%
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 $1,526 a month. That figure now sits near $1,858, up 21.8% 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 $1,858/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: August 17, 2026

The median rent in Plant City is $1,858/mo as of August 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 33% of local median household income ($67,439/yr), Plant City ranks as moderate compared to the national benchmark of 30%. Rents have decreased 8.8% over the past year.

FAQ

Frequently asked questions

Is Plant City an affordable city for renters?

Plant City is considered moderate for renters. At $1,858/mo, rent takes approximately 33% of the local median household income ($67,439/yr). The standard benchmark is 30%. Plant City slightly exceeds that threshold, so budgeting carefully matters here.

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 $74,000/year (~$36/hour full-time) to afford the median rent of $1,858/mo in Plant City. The local median household income is $67,439/yr, meaning the typical Plant City household falls short of that threshold.

Is rent going up or down in Plant City?

Rent in Plant City has decreased 8.8% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Plant City neighborhoods have the lowest rent?

The most affordable ZIP codes in Plant City are 33563 ($1,683/mo), 33566 ($1,783/mo), and 33565 ($2,457/mo). Citywide, the median rent in Plant City is $1,858/mo.

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

Plant City is one of the more affordable cities in Florida for rent, ranking #226 out of 291 tracked cities at $1,858/mo.

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

Several nearby cities have lower median rents than Plant City ($1,858/mo): Brandon ($1,623/mo), Lakeland ($1,727/mo), Zephyrhills ($1,794/mo).

What percentage of Plant City residents rent vs. own?

According to Census data, approximately 33.6% of Plant City households are renters, while 66.4% are owner-occupied. Plant City leans toward homeownership, which can mean a smaller rental inventory.

How does Plant City rent compare to the national average?

Plant City's median rent of $1,858/mo is $104 (5%) below the US national median of $1,962/mo. Within Florida, it ranks #226 out of 291 tracked cities.
Income Affordability
33%
MODERATE

At $1,858/mo, rent takes ~33% of Plant City's median household income ($67,439/yr). The standard benchmark is 30%.

Plant City 33%Benchmark 30%
State income taxNone
Run the Plant City affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Plant City, FL

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