ZIP Code · FL

ZIP 33511

Part of Brandon, FL
Pop. 62,138·Hillsborough County·534th most expensive ZIP in Florida
Median rent (all units)
$1,704/mo
Year-over-Year
Stable
Month-over-Month
+1.1%
vs US Median
-$228
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33511 · $1,704
More affordable than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,274
1 BR
$1,354
2 BR
$1,582
3 BR
$2,024
4 BR+
$2,460
Research median
$1,582/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

February. Asking rents in ZIP 33511 usually run 1% below trend in February and 0.5% above it in August, about $26 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33511 is 2.3% below its high of $1,745 in June 2025, at $1,704 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33511 changed -0.1% 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 33511 rose 48.7% while median household income rose 35.8% ($59,862 to $81,301). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33511 is 44% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($81,301) is $2,033 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,020); a 2-bedroom is $2,360.

From Zillow's monthly rent index (ZORI) for ZIP 33511. 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
$20,448/yr
At $1,704/mo median
Location
StateFL
CountyHillsborough County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.1% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 33511 (Brandon, FL) is majority owner-occupied, 34.8% of residents hold a bachelor's degree or higher.

Population
62,138
Median income
$81,301
Median age
37.7
Renters
44.2%
Age distribution
22.4%
24.3%
25.6%
12.1%
15.6%
Under 1822.4%
18–3424.3%
35–5425.6%
55–6412.1%
65+15.6%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
51.5%
16%
30%
White51.5%
Black16%
Hispanic30%
Asian3.6%
Education (25+)
25.5%
31.4%
34.8%
No HS diploma8.3%
HS diploma25.5%
Some college31.4%
Bachelor's+34.8%
Housing tenure
55.8%
44.2%
Owner55.8%
Renter44.2%

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

2021 vs 2026

How ZIP 33511 in Brandon, FL has changed in 5 years

Rent
$1,248 → $1,704
up 36.5%
Income
$63,863 → $81,301
up 27.3%
Population
59,118 → 62,138
up 5.1%
Renter share
46.4% → 44.2%
-2.2 pts
Bachelor's+
35.1% → 34.8%
-0.3 pts

Rent in ZIP 33511 in Brandon, FL has increased 36.5% since 2021, going from about $1,248 per month to roughly $1,704 today. On the earnings side, the typical household in ZIP 33511 in Brandon, FL now reports about $81,301, up from $63,863 in 2021. Rent outpaced income growth by roughly 9.2 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 59,118 to 62,138 between 2021 and 2024, a 5.1% change. About 44.2% of households rent today, against 46.4% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33511 in Brandon, FL reflects that arc in its own way.

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About renting in ZIP 33511

Last updated: October 17, 2026

ZIP code 33511 covers Brandon, FL. The median rent here is $1,704/mo as of October 2026. A 1-bedroom rents for a median of $1,354/mo. A 2-bedroom rents for a median of $1,582/mo.

At 25% of local median household income ($81,301/yr), ZIP 33511 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33511?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,704/mo in ZIP 33511. The local median household income is $81,301/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 33511?

Rent in ZIP 33511 has been roughly flat over the past year as of September 2026, a -0.1% change. It sits 2.3% below its high of $1,745 in June 2025.

When is the cheapest time to rent in ZIP 33511?

Asking rents in ZIP 33511 are usually lowest in February, about 1% below their yearly trend, and highest in August, about 0.5% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33511?

Yes. From 2019 to 2024, rent in ZIP 33511 rose 48.7% while median household income rose 35.8%, from $59,862 to $81,301. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33511 compare to other ZIPs in Florida?

ZIP 33511 is one of the more affordable among Florida ZIP codes for rent, ranking #534 of 656 at $1,704/mo. Over the year to September 2026, rent in ZIP 33511 changed -0.1%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33511 compare to the rest of Brandon?

At $1,704/mo, ZIP 33511 is $25 below the Brandon citywide median of $1,729/mo.
Income Affordability
25%
AFFORDABLE

At $1,704/mo, rent takes ~25% of ZIP 33511's median household income ($81,301/yr). The standard benchmark is 30%.

ZIP 33511 25%Benchmark 30%
State income taxNone
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