ZIP Code · FL

ZIP 32583

Part of Milton, FL
Pop. 31,828·Santa Rosa County·432nd most expensive ZIP in Florida
Median rent (all units)
$1,906/mo
Year-over-Year
+5.4%
Month-over-Month
+0.7%
vs US Median
-$26
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 32583 · $1,906
More expensive than 56% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,270
2 BR
$1,490
3 BR
$1,980
4 BR+
$2,400
Research median
$1,490/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 32583 changed +5.4% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($85,440) is $2,136 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,980); a 4-bedroom is $2,400.

From Zillow's monthly rent index (ZORI) for ZIP 32583. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,872/yr
At $1,906/mo median
Location
CityMilton
StateFL
CountySanta Rosa County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.4% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 32583 (Milton, FL) is majority owner-occupied, 21.9% of residents hold a bachelor's degree or higher.

Population
31,828
Median income
$85,440
Median age
40.5
Renters
12.9%
Age distribution
16.2%
25%
29.5%
14.4%
14.8%
Under 1816.2%
18–3425%
35–5429.5%
55–6414.4%
65+14.8%
Gender
57.7%
42.3%
Male57.7%
Female42.3%
Race & ethnicity
77.1%
White77.1%
Black9.6%
Hispanic6.6%
Asian1.4%
Other5.2%
Education (25+)
12.4%
36.6%
29.2%
21.9%
No HS diploma12.4%
HS diploma36.6%
Some college29.2%
Bachelor's+21.9%
Housing tenure
87.1%
12.9%
Owner87.1%
Renter12.9%

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

2021 vs 2026

How ZIP 32583 in Milton, FL has changed in 5 years

Income
$72,348 → $85,440
up 18.1%
Population
30,379 → 31,828
up 4.8%
Renter share
20.1% → 12.9%
-7.2 pts
Bachelor's+
18.7% → 21.9%
+3.2 pts

On the earnings side, the typical household in ZIP 32583 in Milton, FL now reports about $85,440, up from $72,348 in 2021. Headcount in the area went from 30,379 to 31,828 between 2021 and 2024, a 4.8% change. About 12.9% of households rent today, against 20.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 18.7% to 21.9%.

Community

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Local insights

Tips for renters in ZIP 32583

About renting in ZIP 32583

Last updated: October 17, 2026

ZIP code 32583 covers Milton, FL. The median rent here is $1,906/mo as of October 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,490/mo.

At 27% of local median household income ($85,440/yr), ZIP 32583 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32583?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,906/mo in ZIP 32583. The local median household income is $85,440/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32583?

Rent in ZIP 32583 has risen 5.4% over the past year.

How does ZIP 32583 compare to other ZIPs in Florida?

ZIP 32583 is in the middle among Florida ZIP codes for rent, ranking #432 of 656 at $1,906/mo. Over the year to September 2026, rent in ZIP 32583 changed +5.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32583 compare to the rest of Milton?

At $1,906/mo, ZIP 32583 is $106 above the Milton citywide median of $1,800/mo.
Income Affordability
27%
AFFORDABLE

At $1,906/mo, rent takes ~27% of ZIP 32583's median household income ($85,440/yr). The standard benchmark is 30%.

ZIP 32583 27%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 32583 (Milton, FL)

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