ZIP Code · FL

ZIP 32162

Pop. 55,424·Sumter County·300th most expensive ZIP in Florida
Median rent (all units)
$2,120/mo
Year-over-Year
-1.6%
Month-over-Month
-1.3%
vs US Median
+$188
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 32162 · $2,120
More expensive than 67% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,570
1 BR
$1,660
2 BR
$1,930
3 BR
$2,420
4 BR+
$2,800
Research median
$1,930/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Florida

Rent in ZIP 32162 changed -1.6% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($74,119) is $1,853 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,660); a 2-bedroom is $1,930.

Cheaper nearby

ZIP 32159, 6 miles away, rents for 27% less ($1,539/mo), about $7,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32162. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,440/yr
At $2,120/mo median
Location
StateFL
CountySumter County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.6% YoY, -1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 32162 (The Villages, FL) is majority owner-occupied, has a large retiree population, 42.8% of residents hold a bachelor's degree or higher.

Population
55,424
Median income
$74,119
Median age
74.7
Renters
7.1%
Age distribution
86.4%
Under 180.6%
18–340.8%
35–543.9%
55–648.2%
65+86.4%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
94%
White94%
Black1.9%
Hispanic2.1%
Asian1.3%
Other0.8%
Education (25+)
23.5%
31%
42.8%
No HS diploma2.8%
HS diploma23.5%
Some college31%
Bachelor's+42.8%
Housing tenure
92.9%
Owner92.9%
Renter7.1%

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

2021 vs 2026

How ZIP 32162 in The Villages, FL has changed in 5 years

Income
$66,366 → $74,119
up 11.7%
Population
51,373 → 55,424
up 7.9%
Renter share
5.5% → 7.1%
+1.6 pts
Bachelor's+
42.5% → 42.8%
+0.3 pts
Median age
73.3 → 74.7
+1.4 yrs

Household income in the area moved from $66,366 to $74,119 across the same window, up 11.7% versus 2021. The population has grown by 7.9% since 2021, moving from about 51,373 residents to roughly 55,424. Renters now make up 7.1% of households, compared with 5.5% five years ago.

Community

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Local insights

Tips for renters in ZIP 32162

About renting in ZIP 32162

Last updated: October 17, 2026

ZIP code 32162 covers The Villages, FL. The median rent here is $2,120/mo as of October 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $1,930/mo.

At 34% of local median household income ($74,119/yr), ZIP 32162 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32162?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (about $41/hour full-time) to afford the median rent of $2,120/mo in ZIP 32162. The local median household income is $74,119/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 32162?

Rent in ZIP 32162 has fallen 1.6% over the past year.

How does ZIP 32162 compare to other ZIPs in Florida?

ZIP 32162 is in the middle among Florida ZIP codes for rent, ranking #300 of 656 at $2,120/mo. Over the year to September 2026, rent in ZIP 32162 changed -1.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32162 compare to the rest of The Villages?

At $2,120/mo, ZIP 32162 is $9 below the The Villages citywide median of $2,129/mo.
Income Affordability
34%
MODERATE

At $2,120/mo, rent takes ~34% of ZIP 32162's median household income ($74,119/yr). The standard benchmark is 30%.

ZIP 32162 34%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 32162 (The Villages, FL)

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