ZIP Code · FL

ZIP 33596

Part of Valrico, FL
Pop. 27,757·Hillsborough County·80th most expensive ZIP in Florida
Median rent (all units)
$2,796/mo
Year-over-Year
+3.6%
Month-over-Month
-0.8%
vs US Median
+$864
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33596 · $2,796
More expensive than 87% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,390
1 BR
$2,550
2 BR
$2,970
3 BR
$3,800
4 BR+
$4,620
Research median
$2,970/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

January. Asking rents in ZIP 33596 usually run 1.3% below trend in January and 1.4% above it in August, about $75 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33596 is 0.8% below its high of $2,819 in August 2026, at $2,796 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33596 changed +3.6% 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 33596 rose 47.5% while median household income rose 17.6% ($98,993 to $116,465). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33596 is 55.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($116,465) is $2,912 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,550); a 2-bedroom is $2,970.

Cheaper nearby

ZIP 33594, 4 miles away, rents for 14% less ($2,398/mo), about $4,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33596. 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
$33,552/yr
At $2,796/mo median
Location
StateFL
CountyHillsborough County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 33596 (Valrico, FL) is majority owner-occupied, has a median income above the national average, 49% of residents hold a bachelor's degree or higher.

Population
27,757
Median income
$116,465
Median age
45.7
Renters
16.4%
Age distribution
20.9%
14.2%
27.5%
20.7%
16.7%
Under 1820.9%
18–3414.2%
35–5427.5%
55–6420.7%
65+16.7%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
71.6%
18%
White71.6%
Black7.6%
Hispanic18%
Asian2.5%
Education (25+)
20.1%
25.8%
49%
No HS diploma5.1%
HS diploma20.1%
Some college25.8%
Bachelor's+49%
Housing tenure
83.6%
16.4%
Owner83.6%
Renter16.4%

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

2021 vs 2026

How ZIP 33596 in Valrico, FL has changed in 5 years

Rent
$2,012 → $2,796
up 39.0%
Income
$101,813 → $116,465
up 14.4%
Population
30,103 → 27,757
down 7.8%
Renter share
16.5% → 16.4%
-0.1 pts
Bachelor's+
46.7% → 49%
+2.3 pts
Median age
42.9 → 45.7
+2.8 yrs

Since 2021, the typical rent in ZIP 33596 in Valrico, FL has climbed from $2,012 to $2,796, a 39.0% change over five years. On the earnings side, the typical household in ZIP 33596 in Valrico, FL now reports about $116,465, up from $101,813 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 7.8% since 2021, moving from about 30,103 residents to roughly 27,757. College-educated residents now make up 49% of adults here, versus 46.7% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33596 in Valrico, FL reflects that arc in its own way.

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About renting in ZIP 33596

Last updated: October 17, 2026

ZIP code 33596 covers Valrico, FL. The median rent here is $2,796/mo as of October 2026. A 1-bedroom rents for a median of $2,550/mo. A 2-bedroom rents for a median of $2,970/mo.

At 29% of local median household income ($116,465/yr), ZIP 33596 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33596?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (about $54/hour full-time) to afford the median rent of $2,796/mo in ZIP 33596. The local median household income is $116,465/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 33596?

Rent in ZIP 33596 has risen 3.6% over the past year as of September 2026. It sits 0.8% below its high of $2,819 in August 2026.

When is the cheapest time to rent in ZIP 33596?

Asking rents in ZIP 33596 are usually lowest in January, about 1.3% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $75 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33596?

Yes. From 2019 to 2024, rent in ZIP 33596 rose 47.5% while median household income rose 17.6%, from $98,993 to $116,465. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33596 compare to other ZIPs in Florida?

ZIP 33596 is one of the pricier among Florida ZIP codes for rent, ranking #80 of 656 at $2,796/mo. Over the year to September 2026, rent in ZIP 33596 changed +3.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33596 compare to the rest of Valrico?

At $2,796/mo, ZIP 33596 is $260 above the Valrico citywide median of $2,536/mo.
Income Affordability
29%
AFFORDABLE

At $2,796/mo, rent takes ~29% of ZIP 33596's median household income ($116,465/yr). The standard benchmark is 30%.

ZIP 33596 29%Benchmark 30%
State income taxNone
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