ZIP Code · FL

ZIP 33558

Part of Lutz, FL

Pop. 33,165·Hillsborough County·283rd most expensive ZIP in Florida

Median rent (all units)

$2,155/mo

Year-over-Year

+1.0%

Month-over-Month

+0.3%

vs US Median

+$223

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 33558 · $2,155

More expensive than 69% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,520

1 BR

$1,620

2 BR

$1,890

3 BR

$2,420

4 BR+

$2,940

Research median

$1,890/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 33558 is 0.1% below its high of $2,157 in May 2025, at $2,155 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33558 changed +1.0% 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 6 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($116,090) is $2,902 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,420); a 4-bedroom is $2,940.

Rank in Lutz

4th cheapest of 4 ZIP codes in Lutz.

Cheaper nearby

ZIP 33624, 6 miles away, rents for 20% less ($1,715/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33558. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$25,860/yr

At $2,155/mo median

Location

CityLutz

StateFL

CountyHillsborough 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 (+1.0% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 33558 (Lutz, FL) is majority owner-occupied, has a median income above the national average, 57.2% of residents hold a bachelor's degree or higher.

Population

33,165

Median income

$116,090

Median age

40.4

Renters

28.1%

Age distribution

24.8%

16.8%

29.9%

13.6%

15%

Under 1824.8%

18–3416.8%

35–5429.9%

55–6413.6%

65+15%

Gender

51%

49%

Male51%

Female49%

Race & ethnicity

59.8%

25%

White59.8%

Black5.3%

Hispanic25%

Asian10%

Education (25+)

15%

25.3%

57.2%

No HS diploma2.5%

HS diploma15%

Some college25.3%

Bachelor's+57.2%

Housing tenure

71.9%

28.1%

Owner71.9%

Renter28.1%

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

2022 vs 2026

How ZIP 33558 in Lutz, FL has changed in 5 years

Rent

$1,995 → $2,155

up 8.0%

Income

$92,650 → $116,090

up 25.3%

Population

27,309 → 33,165

up 21.4%

Renter share

26.7% → 28.1%

+1.4 pts

Bachelor's+

54.6% → 57.2%

+2.6 pts

Median age

41.1 → 40.4

-0.7 yrs

The median rent in ZIP 33558 in Lutz, FL stood at $1,995 in 2022 and currently runs about $2,155, reflecting a 8.0% increase over the period. Median household income rose from $92,650 to $116,090 between 2021 and 2024, a 25.3% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 21.4% since 2021, moving from about 27,309 residents to roughly 33,165. College-educated residents now make up 57.2% of adults here, versus 54.6% in 2021. Taken together, the five-year picture in ZIP 33558 in Lutz, 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 33558

Last updated: October 17, 2026

ZIP code 33558 covers Lutz, FL. The median rent here is $2,155/mo as of October 2026. A 1-bedroom rents for a median of $1,620/mo. A 2-bedroom rents for a median of $1,890/mo.

At 22% of local median household income ($116,090/yr), ZIP 33558 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33558?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (about $41/hour full-time) to afford the median rent of $2,155/mo in ZIP 33558. The local median household income is $116,090/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 33558?

Rent in ZIP 33558 has risen 1.0% over the past year as of September 2026. It sits 0.1% below its high of $2,157 in May 2025.

How does ZIP 33558 compare to other ZIPs in Florida?

ZIP 33558 is in the middle among Florida ZIP codes for rent, ranking #283 of 656 at $2,155/mo. Over the year to September 2026, rent in ZIP 33558 changed +1.0%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.