ZIP Code · FL

ZIP 33603

Part of Tampa, FL

Pop. 19,869·Hillsborough County·429th most expensive ZIP in Florida

Median rent (all units)

$1,912/mo

Year-over-Year

-2.6%

Month-over-Month

-0.9%

vs US Median

-$20

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 33603 · $1,912

More expensive than 56% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,480

1 BR

$1,570

2 BR

$1,830

3 BR

$2,340

4 BR+

$2,850

Research median

$1,830/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 33603 is 3.8% below its high of $1,987 in December 2025, at $1,912 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33603 changed -2.6% 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 6 of the last 12 months.

What a typical income covers

30% of the median household income ($74,081) is $1,852 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,830); a 3-bedroom is $2,340.

Rank in Tampa

9th cheapest of 16 ZIP codes in Tampa.

Cheaper nearby

ZIP 33604, 2 miles away, rents for 21% less ($1,509/mo), about $4,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33603. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,944/yr

At $1,912/mo median

Location

CityTampa

StateFL

CountyHillsborough County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 2.6% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-2.6% YoY, -0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 33603 (Tampa, FL) is majority owner-occupied, 41.2% of residents hold a bachelor's degree or higher.

Population

19,869

Median income

$74,081

Median age

38.9

Renters

41.7%

Age distribution

15.6%

26.6%

31.6%

13.6%

12.5%

Under 1815.6%

18–3426.6%

35–5431.6%

55–6413.6%

65+12.5%

Gender

52.9%

47.1%

Male52.9%

Female47.1%

Race & ethnicity

52.8%

15.1%

33%

White52.8%

Black15.1%

Hispanic33%

Asian1.3%

Education (25+)

25.3%

24.1%

41.2%

No HS diploma9.4%

HS diploma25.3%

Some college24.1%

Bachelor's+41.2%

Housing tenure

58.3%

41.7%

Owner58.3%

Renter41.7%

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

2022 vs 2026

How ZIP 33603 in Tampa, FL has changed in 5 years

Rent

$1,744 → $1,912

up 9.6%

Income

$54,650 → $74,081

up 35.6%

Population

20,245 → 19,869

down 1.9%

Renter share

41% → 41.7%

+0.7 pts

Bachelor's+

36.9% → 41.2%

+4.3 pts

Median age

36 → 38.9

+2.9 yrs

Five years ago, renters in ZIP 33603 in Tampa, FL paid around $1,744 a month. That figure now sits near $1,912, up 9.6% from the 2022 baseline. On the earnings side, the typical household in ZIP 33603 in Tampa, FL now reports about $74,081, up from $54,650 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 33603 in Tampa, FL losing about 376 residents over the five-year window, down 1.9% on net. Bachelor's-degree-or-higher attainment moved from 36.9% to 41.2% across the same window. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33603 in Tampa, FL reflects that arc in its own way.

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About renting in ZIP 33603

Last updated: October 17, 2026

ZIP code 33603 covers Tampa, FL. The median rent here is $1,912/mo as of October 2026. A 1-bedroom rents for a median of $1,570/mo. A 2-bedroom rents for a median of $1,830/mo.

At 31% of local median household income ($74,081/yr), ZIP 33603 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33603?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,912/mo in ZIP 33603. The local median household income is $74,081/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33603?

Rent in ZIP 33603 has fallen 2.6% over the past year as of September 2026. It sits 3.8% below its high of $1,987 in December 2025.

How does ZIP 33603 compare to other ZIPs in Florida?

ZIP 33603 is in the middle among Florida ZIP codes for rent, ranking #429 of 656 at $1,912/mo. Over the year to September 2026, rent in ZIP 33603 changed -2.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.