ZIP Code · FL

ZIP 33403

Pop. 14,370·Palm Beach County·312th most expensive ZIP in Florida
Median rent (all units)
$2,100/mo
Year-over-Year
+9.4%
Month-over-Month
+1.6%
vs US Median
+$168
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33403 · $2,100
More expensive than 66% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,540
2 BR
$1,820
3 BR
$2,360
4 BR+
$2,740
Research median
$1,820/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 33403 is at its highest level since Zillow's records here began in May 2022.

Past year vs. the rest of Florida

Rent in ZIP 33403 changed +9.4% 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 3 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($70,646) is $1,766 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,540); a 2-bedroom is $1,820.

Cheaper nearby

ZIP 33417, 7 miles away, rents for 11% less ($1,861/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,200/yr
At $2,100/mo median
Location
StateFL
CountyPalm Beach County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.4% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33403 (Lake Park, FL) is roughly split between renters and owners, skews toward younger working-age adults, 24.4% of residents hold a bachelor's degree or higher.

Population
14,370
Median income
$70,646
Median age
33.6
Renters
52.8%
Age distribution
23.1%
30.8%
24.4%
13.9%
Under 1823.1%
18–3430.8%
35–5424.4%
55–647.8%
65+13.9%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
34.8%
40%
25.1%
White34.8%
Black40%
Hispanic25.1%
Asian1.4%
Education (25+)
16.7%
35.2%
23.8%
24.4%
No HS diploma16.7%
HS diploma35.2%
Some college23.8%
Bachelor's+24.4%
Housing tenure
47.2%
52.8%
Owner47.2%
Renter52.8%

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

2023 vs 2026

How ZIP 33403 in Lake Park, FL has changed in 5 years

Rent
$1,798 → $2,100
up 16.8%
Income
$59,516 → $70,646
up 18.7%
Population
14,139 → 14,370
up 1.6%
Renter share
55.7% → 52.8%
-2.9 pts
Bachelor's+
25.1% → 24.4%
-0.7 pts
Median age
36.6 → 33.6
-3.0 yrs

Five years ago, renters in ZIP 33403 in Lake Park, FL paid around $1,798 a month. That figure now sits near $2,100, up 16.8% from the 2023 baseline. Median household income climbed from $59,516 to $70,646 between 2021 and 2024, a 18.7% shift. Census counts show ZIP 33403 in Lake Park, FL adding about 231 residents over the five-year window, up 1.6% on net. The renter share has eased from 55.7% to 52.8%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 33403 in Lake Park, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 33403

Last updated: October 17, 2026

ZIP code 33403 covers Lake Park, FL. The median rent here is $2,100/mo as of October 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $1,820/mo.

At 36% of local median household income ($70,646/yr), ZIP 33403 ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33403?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,100/mo in ZIP 33403. The local median household income is $70,646/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33403?

Rent in ZIP 33403 has risen 9.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2022.

How does ZIP 33403 compare to other ZIPs in Florida?

ZIP 33403 is in the middle among Florida ZIP codes for rent, ranking #312 of 656 at $2,100/mo. Over the year to September 2026, rent in ZIP 33403 changed +9.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33403 compare to the rest of Lake Park?

At $2,100/mo, ZIP 33403 is $198 above the Lake Park citywide median of $1,902/mo.
Income Affordability
36%
MODERATE

At $2,100/mo, rent takes ~36% of ZIP 33403's median household income ($70,646/yr). The standard benchmark is 30%.

ZIP 33403 36%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33403 (Lake Park, FL)

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