ZIP Code · FL

ZIP 32720

Part of Deland, FL

Pop. 36,259·Volusia County·499th most expensive ZIP in Florida

Median rent (all units)

$1,770/mo

Year-over-Year

+4.2%

Month-over-Month

+0.1%

vs US Median

-$162

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 32720 · $1,770

More affordable than 53% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,270

1 BR

$1,340

2 BR

$1,520

3 BR

$1,940

4 BR+

$2,320

Research median

$1,520/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

Compared with the peak

Rent in ZIP 32720 is 0% below its high of $1,770 in July 2026, at $1,770 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32720 changed +4.2% 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 ($68,830) is $1,721 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,520); a 3-bedroom is $1,940.

From Zillow's monthly rent index (ZORI) for ZIP 32720. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,240/yr

At $1,770/mo median

Location

CityDeland

StateFL

CountyVolusia County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.2% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 32720 (Deland, FL) is majority owner-occupied, 25.9% of residents hold a bachelor's degree or higher.

Population

36,259

Median income

$68,830

Median age

40.6

Renters

30.5%

Age distribution

20%

23.3%

24.9%

12.2%

19.6%

Under 1820%

18–3423.3%

35–5424.9%

55–6412.2%

65+19.6%

Gender

47.4%

52.6%

Male47.4%

Female52.6%

Race & ethnicity

67.3%

21.9%

White67.3%

Black10.9%

Hispanic21.9%

Asian1%

Education (25+)

12.9%

31.1%

30.1%

25.9%

No HS diploma12.9%

HS diploma31.1%

Some college30.1%

Bachelor's+25.9%

Housing tenure

69.5%

30.5%

Owner69.5%

Renter30.5%

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

2022 vs 2026

How ZIP 32720 in Deland, FL has changed in 5 years

Rent

$1,401 → $1,770

up 26.3%

Income

$61,356 → $68,830

up 12.2%

Population

33,239 → 36,259

up 9.1%

Renter share

32.3% → 30.5%

-1.8 pts

Bachelor's+

24.7% → 25.9%

+1.2 pts

Median age

41.8 → 40.6

-1.2 yrs

Five years ago, renters in ZIP 32720 in Deland, FL paid around $1,401 a month. That figure now sits near $1,770, up 26.3% from the 2022 baseline. Census figures show median household income at $68,830 today, compared with $61,356 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 32720 in Deland, FL adding about 3,020 residents over the five-year window, up 9.1% on net. The renter share has eased from 32.3% to 30.5%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 32720

Last updated: October 17, 2026

ZIP code 32720 covers Deland, FL. The median rent here is $1,770/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,520/mo.

At 31% of local median household income ($68,830/yr), ZIP 32720 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32720?

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 $1,770/mo in ZIP 32720. The local median household income is $68,830/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 32720?

Rent in ZIP 32720 has risen 4.2% over the past year as of September 2026. It sits 0% below its high of $1,770 in July 2026.

How does ZIP 32720 compare to other ZIPs in Florida?

ZIP 32720 is one of the more affordable among Florida ZIP codes for rent, ranking #499 of 656 at $1,770/mo. Over the year to September 2026, rent in ZIP 32720 changed +4.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.