ZIP Code · FL

ZIP 33602

Part of Tampa, FL
Pop. 21,452·Hillsborough County·101st most expensive ZIP in Florida
Median rent (all units)
$2,692/mo
Year-over-Year
+1.1%
Month-over-Month
+0.3%
vs US Median
+$760
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33602 · $2,692
More expensive than 84% 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

December. Asking rents in ZIP 33602 usually run 0.7% below trend in December and 0.8% above it in August, about $40 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 33602 is 0% below its high of $2,693 in May 2025, at $2,692 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33602 changed +1.1% 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 33602 rose 40.7% while median household income rose 33.6% ($72,824 to $97,320). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33602 is 41.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($97,320) is $2,433 a month. That covers HUD's Fair Market Rent for up to a studio ($2,390); a 1-bedroom is $2,550.

Rank in Tampa

15th cheapest of 16 ZIP codes in Tampa.

Cheaper nearby

ZIP 33605, 2 miles away, rents for 29% less ($1,911/mo), about $9,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33602. 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
$32,304/yr
At $2,692/mo median
Location
CityTampa
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 (+1.1% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 33602 (Tampa, FL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 62.2% of residents hold a bachelor's degree or higher.

Population
21,452
Median income
$97,320
Median age
33.8
Renters
72.9%
Age distribution
41%
26%
Under 1811.1%
18–3441%
35–5426%
55–6410%
65+12%
Gender
53%
47%
Male53%
Female47%
Race & ethnicity
59.2%
12.8%
21.9%
White59.2%
Black12.8%
Hispanic21.9%
Asian5.5%
Other0.6%
Education (25+)
19%
62.2%
No HS diploma7.2%
HS diploma11.7%
Some college19%
Bachelor's+62.2%
Housing tenure
27.1%
72.9%
Owner27.1%
Renter72.9%

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

2021 vs 2026

How ZIP 33602 in Tampa, FL has changed in 5 years

Rent
$2,036 → $2,692
up 32.2%
Income
$82,755 → $97,320
up 17.6%
Population
16,044 → 21,452
up 33.7%
Renter share
65.5% → 72.9%
+7.4 pts
Bachelor's+
58.1% → 62.2%
+4.1 pts
Median age
36.8 → 33.8
-3.0 yrs

The median rent in ZIP 33602 in Tampa, FL stood at $2,036 in 2021 and currently runs about $2,692, reflecting a 32.2% increase over the period. On the earnings side, the typical household in ZIP 33602 in Tampa, FL now reports about $97,320, up from $82,755 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 33.7% since 2021, moving from about 16,044 residents to roughly 21,452. Renters now make up 72.9% of households, compared with 65.5% five years ago. College-educated residents now make up 62.2% of adults here, versus 58.1% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33602 in Tampa, FL reflects that arc in its own way.

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About renting in ZIP 33602

Last updated: October 17, 2026

ZIP code 33602 covers Tampa, FL. The median rent here is $2,692/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 33% of local median household income ($97,320/yr), ZIP 33602 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33602?

To keep rent at or below 30% of gross income, you would need to earn at least $108,000/year (about $52/hour full-time) to afford the median rent of $2,692/mo in ZIP 33602. The local median household income is $97,320/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33602?

Rent in ZIP 33602 has risen 1.1% over the past year as of September 2026. It sits 0% below its high of $2,693 in May 2025.

When is the cheapest time to rent in ZIP 33602?

Asking rents in ZIP 33602 are usually lowest in December, about 0.7% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $40 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 33602?

Yes. From 2019 to 2024, rent in ZIP 33602 rose 40.7% while median household income rose 33.6%, from $72,824 to $97,320. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33602 compare to other ZIPs in Florida?

ZIP 33602 is one of the pricier among Florida ZIP codes for rent, ranking #101 of 656 at $2,692/mo. Over the year to September 2026, rent in ZIP 33602 changed +1.1%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33602 compare to the rest of Tampa?

At $2,692/mo, ZIP 33602 is $762 above the Tampa citywide median of $1,930/mo. It is the 15th cheapest of 16 ZIP codes in Tampa.
Income Affordability
33%
MODERATE

At $2,692/mo, rent takes ~33% of ZIP 33602's median household income ($97,320/yr). The standard benchmark is 30%.

ZIP 33602 33%Benchmark 30%
State income taxNone
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