ZIP Code · FL

ZIP 33534

Pop. 17,740·Hillsborough County·233rd most expensive ZIP in Florida
Median rent (all units)
$2,272/mo
Year-over-Year
+5.8%
Month-over-Month
+0.2%
vs US Median
+$340
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33534 · $2,272
More expensive than 73% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,550
2 BR
$1,810
3 BR
$2,310
4 BR+
$2,820
Research median
$1,810/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 33534 is at its highest level since Zillow's records here began in July 2021.

Past year vs. the rest of Florida

Rent in ZIP 33534 changed +5.8% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($80,484) is $2,012 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,810); a 3-bedroom is $2,310.

Cheaper nearby

ZIP 33578, 3 miles away, rents for 15% less ($1,937/mo), about $4,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33534. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$27,264/yr
At $2,272/mo median
Location
StateFL
CountyHillsborough County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.8% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 33534 (Gibsonton, FL) is majority owner-occupied, has a large share of families with children, 17.8% of residents hold a bachelor's degree or higher.

Population
17,740
Median income
$80,484
Median age
34.4
Renters
33.7%
Age distribution
28.8%
22%
31.1%
Under 1828.8%
18–3422%
35–5431.1%
55–6410%
65+8.2%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
40.4%
17.6%
41.3%
White40.4%
Black17.6%
Hispanic41.3%
Asian1.3%
Education (25+)
17.6%
31.9%
32.7%
17.8%
No HS diploma17.6%
HS diploma31.9%
Some college32.7%
Bachelor's+17.8%
Housing tenure
66.3%
33.7%
Owner66.3%
Renter33.7%

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

2022 vs 2026

How ZIP 33534 in Gibsonton, FL has changed in 5 years

Rent
$1,788 → $2,272
up 27.1%
Income
$73,443 → $80,484
up 9.6%
Population
17,859 → 17,740
down 0.7%
Renter share
31% → 33.7%
+2.7 pts
Bachelor's+
19% → 17.8%
-1.2 pts
Median age
31.4 → 34.4
+3.0 yrs

Across the past five years, the going rent in ZIP 33534 in Gibsonton, FL has shifted from $1,788 to $2,272, up 27.1% since 2022. Median household income climbed from $73,443 to $80,484 between 2021 and 2024, a 9.6% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has risen from 31% to 33.7%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 33534 in Gibsonton, 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 33534

Last updated: October 17, 2026

ZIP code 33534 covers Gibsonton, FL. The median rent here is $2,272/mo as of October 2026. A 1-bedroom rents for a median of $1,550/mo. A 2-bedroom rents for a median of $1,810/mo.

At 34% of local median household income ($80,484/yr), ZIP 33534 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33534?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (about $44/hour full-time) to afford the median rent of $2,272/mo in ZIP 33534. The local median household income is $80,484/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33534?

Rent in ZIP 33534 has risen 5.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in July 2021.

How does ZIP 33534 compare to other ZIPs in Florida?

ZIP 33534 is in the middle among Florida ZIP codes for rent, ranking #233 of 656 at $2,272/mo. Over the year to September 2026, rent in ZIP 33534 changed +5.8%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33534 compare to the rest of Gibsonton?

At $2,272/mo, ZIP 33534 is $6 below the Gibsonton citywide median of $2,278/mo.
Income Affordability
34%
MODERATE

At $2,272/mo, rent takes ~34% of ZIP 33534's median household income ($80,484/yr). The standard benchmark is 30%.

ZIP 33534 34%Benchmark 30%
State income taxNone
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Public schools near ZIP 33534 (Gibsonton, FL)

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