ZIP Code · FL

ZIP 33020

Pop. 46,322·Broward County·359th most expensive ZIP in Florida
Median rent (all units)
$2,019/mo
Year-over-Year
-0.2%
Month-over-Month
Stable
vs US Median
+$87
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33020 · $2,019
More expensive than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,940
2 BR
$2,380
3 BR
$3,280
4 BR+
$3,890
Research median
$2,380/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

Cheapest month to sign

January. Asking rents in ZIP 33020 usually run 0.5% below trend in January and 0.5% above it in August, about $20 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33020 is 1.2% below its high of $2,043 in February 2025, at $2,019 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33020 changed -0.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 33020 rose 54.8% while median household income rose 29.8% ($43,494 to $56,473). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33020 is 49.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

What a typical income covers

30% of the median household income ($56,473) is $1,412 a month. That is less than HUD's Fair Market Rent for a studio ($1,770).

Rank in Hollywood

1st cheapest of 3 ZIP codes in Hollywood.

From Zillow's monthly rent index (ZORI) for ZIP 33020. 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
$24,228/yr
At $2,019/mo median
Location
StateFL
CountyBroward County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.2% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 33020 (Hollywood, FL) is majority renter-occupied, has a median income below the national average, 29.7% of residents hold a bachelor's degree or higher.

Population
46,322
Median income
$56,473
Median age
38.7
Renters
63.5%
Age distribution
16.8%
27.2%
30.2%
14.1%
Under 1816.8%
18–3427.2%
35–5430.2%
55–6411.7%
65+14.1%
Gender
53.5%
46.5%
Male53.5%
Female46.5%
Race & ethnicity
33.8%
23.6%
42.1%
White33.8%
Black23.6%
Hispanic42.1%
Asian2%
Education (25+)
30.7%
28.8%
29.7%
No HS diploma10.7%
HS diploma30.7%
Some college28.8%
Bachelor's+29.7%
Housing tenure
36.5%
63.5%
Owner36.5%
Renter63.5%

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

2021 vs 2026

How ZIP 33020 in Hollywood, FL has changed in 5 years

Rent
$1,439 → $2,019
up 40.3%
Income
$48,372 → $56,473
up 16.7%
Population
45,416 → 46,322
up 2.0%
Renter share
67.2% → 63.5%
-3.7 pts
Bachelor's+
27.5% → 29.7%
+2.2 pts

Rent in ZIP 33020 in Hollywood, FL has increased 40.3% since 2021, going from about $1,439 per month to roughly $2,019 today. Local incomes tracked alongside that move, going from a median of $48,372 in 2021 to $56,473 more recently. Rent outpaced income growth by roughly 23.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 45,416 to 46,322 between 2021 and 2024, a 2.0% change. About 63.5% of households rent today, against 67.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 27.5% to 29.7%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33020 in Hollywood, FL market of 2021.

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About renting in ZIP 33020

Last updated: October 17, 2026

ZIP code 33020 covers Hollywood, FL. The median rent here is $2,019/mo as of October 2026. A 1-bedroom rents for a median of $1,940/mo. A 2-bedroom rents for a median of $2,380/mo.

At 43% of local median household income ($56,473/yr), ZIP 33020 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33020?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,019/mo in ZIP 33020. The local median household income is $56,473/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33020?

Rent in ZIP 33020 has been roughly flat over the past year as of September 2026, a -0.2% change. It sits 1.2% below its high of $2,043 in February 2025.

When is the cheapest time to rent in ZIP 33020?

Asking rents in ZIP 33020 are usually lowest in January, about 0.5% below their yearly trend, and highest in August, about 0.5% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33020?

Yes. From 2019 to 2024, rent in ZIP 33020 rose 54.8% while median household income rose 29.8%, from $43,494 to $56,473. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33020 compare to other ZIPs in Florida?

ZIP 33020 is in the middle among Florida ZIP codes for rent, ranking #359 of 656 at $2,019/mo. Over the year to September 2026, rent in ZIP 33020 changed -0.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33020 compare to the rest of Hollywood?

At $2,019/mo, ZIP 33020 is $280 below the Hollywood citywide median of $2,299/mo. It is the 1st cheapest of 3 ZIP codes in Hollywood.
Income Affordability
43%
STRETCHED

At $2,019/mo, rent takes ~43% of ZIP 33020's median household income ($56,473/yr). The standard benchmark is 30%.

ZIP 33020 43%Benchmark 30%
State income taxNone
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