ZIP Code · FL

ZIP 33563

Pop. 25,896·Hillsborough County·585th most expensive ZIP in Florida
Median rent (all units)
$1,584/mo
Year-over-Year
-4.6%
Month-over-Month
-1.3%
vs US Median
-$348
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33563 · $1,584
More affordable than 67% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,420
2 BR
$1,660
3 BR
$2,120
4 BR+
$2,580
Research median
$1,660/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 33563 is 4.6% below its high of $1,661 in September 2025, at $1,584 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33563 changed -4.6% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

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

What a typical income covers

30% of the median household income ($60,131) is $1,503 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,420); a 2-bedroom is $1,660.

From Zillow's monthly rent index (ZORI) for ZIP 33563. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,008/yr
At $1,584/mo median
Location
StateFL
CountyHillsborough County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.6% YoY, -1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 33563 (Plant City, FL) is majority owner-occupied, has a median income below the national average, 18.4% of residents hold a bachelor's degree or higher.

Population
25,896
Median income
$60,131
Median age
37.9
Renters
36.9%
Age distribution
23.5%
21.6%
28.8%
14.5%
Under 1823.5%
18–3421.6%
35–5428.8%
55–6411.6%
65+14.5%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
53.4%
14.7%
39.3%
White53.4%
Black14.7%
Hispanic39.3%
Education (25+)
23.6%
32.5%
25.5%
18.4%
No HS diploma23.6%
HS diploma32.5%
Some college25.5%
Bachelor's+18.4%
Housing tenure
63.1%
36.9%
Owner63.1%
Renter36.9%

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

2021 vs 2026

How ZIP 33563 in Plant City, FL has changed in 5 years

Rent
$1,279 → $1,584
up 23.8%
Income
$48,675 → $60,131
up 23.5%
Population
27,097 → 25,896
down 4.4%
Renter share
43.3% → 36.9%
-6.4 pts
Bachelor's+
16.7% → 18.4%
+1.7 pts
Median age
36.4 → 37.9
+1.5 yrs

Five years ago, renters in ZIP 33563 in Plant City, FL paid around $1,279 a month. That figure now sits near $1,584, up 23.8% from the 2021 baseline. On the earnings side, the typical household in ZIP 33563 in Plant City, FL now reports about $60,131, up from $48,675 in 2021. Census counts show ZIP 33563 in Plant City, FL losing about 1,201 residents over the five-year window, down 4.4% on net. The renter share has eased from 43.3% to 36.9%, with owner-occupied housing accounting for the remainder. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33563 in Plant City, FL reflects that arc in its own way.

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About renting in ZIP 33563

Last updated: October 17, 2026

ZIP code 33563 covers Plant City, FL. The median rent here is $1,584/mo as of October 2026. A 1-bedroom rents for a median of $1,420/mo. A 2-bedroom rents for a median of $1,660/mo.

At 32% of local median household income ($60,131/yr), ZIP 33563 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33563?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,584/mo in ZIP 33563. The local median household income is $60,131/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33563?

Rent in ZIP 33563 has fallen 4.6% over the past year as of September 2026. It sits 4.6% below its high of $1,661 in September 2025.

How does ZIP 33563 compare to other ZIPs in Florida?

ZIP 33563 is one of the more affordable among Florida ZIP codes for rent, ranking #585 of 656 at $1,584/mo. Over the year to September 2026, rent in ZIP 33563 changed -4.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33563 compare to the rest of Plant City?

At $1,584/mo, ZIP 33563 is $182 below the Plant City citywide median of $1,766/mo.
Income Affordability
32%
MODERATE

At $1,584/mo, rent takes ~32% of ZIP 33563's median household income ($60,131/yr). The standard benchmark is 30%.

ZIP 33563 32%Benchmark 30%
State income taxNone
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