ZIP 33594
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 33594 usually run 1.2% below trend in February and 1.1% above it in July, about $55 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 33594 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 33594 changed +3.4% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 33594 rose 52.1% while median household income rose 49% ($64,854 to $96,628). Rent outpaced income.
Rent in ZIP 33594 is 58.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($96,628) is $2,416 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,330); a 3-bedroom is $2,980.
ZIP 33510, 3 miles away, rents for 27% less ($1,761/mo), about $7,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 33594. 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.
Who lives here
ZIP 33594 (Valrico, FL) is majority owner-occupied, has a median income above the national average, 32.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 33594 in Valrico, FL has changed in 5 years
Since 2021, the typical rent in ZIP 33594 in Valrico, FL has increased from $1,694 to $2,398, a 41.6% change over five years. Median household income rose from $80,437 to $96,628 between 2021 and 2024, a 20.1% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.3% since 2021, moving from about 36,154 residents to roughly 37,361. Taken together, the five-year picture in ZIP 33594 in Valrico, 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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Tips for renters in ZIP 33594
Last updated: October 17, 2026
ZIP code 33594 covers Valrico, FL. The median rent here is $2,398/mo as of October 2026. A 1-bedroom rents for a median of $2,000/mo. A 2-bedroom rents for a median of $2,330/mo.
At 30% of local median household income ($96,628/yr), ZIP 33594 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.
Frequently asked questions
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How does ZIP 33594 compare to the rest of Valrico?
At $2,398/mo, rent takes ~30% of ZIP 33594's median household income ($96,628/yr). The standard benchmark is 30%.
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