ZIP Code · FL

ZIP 33607

Part of Tampa, FL
Pop. 25,291·Hillsborough County·252nd most expensive ZIP in Florida
Median rent (all units)
$2,233/mo
Year-over-Year
+0.7%
Month-over-Month
+0.6%
vs US Median
+$301
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33607 · $2,233
More expensive than 71% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,960
1 BR
$2,080
2 BR
$2,430
3 BR
$3,110
4 BR+
$3,780
Research median
$2,430/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 33607 usually run 1.5% below trend in December and 1.3% above it in July, about $63 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 33607 is 1.2% below its high of $2,260 in February 2025, at $2,233 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33607 changed +0.7% 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 33607 rose 42.9% while median household income rose 55.5% ($44,806 to $69,694). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 33607 is 41.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($69,694) is $1,742 a month. That is less than HUD's Fair Market Rent for a studio ($1,960).

Rank in Tampa

11th cheapest of 16 ZIP codes in Tampa.

Cheaper nearby

ZIP 33603, 2 miles away, rents for 14% less ($1,912/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33607. 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
$26,796/yr
At $2,233/mo median
Location
CityTampa
StateFL
CountyHillsborough County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.7% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33607 (Tampa, FL) is majority renter-occupied, skews toward younger working-age adults, 37.2% of residents hold a bachelor's degree or higher.

Population
25,291
Median income
$69,694
Median age
39.3
Renters
63%
Age distribution
33.5%
26.9%
12.9%
15.7%
Under 1811.1%
18–3433.5%
35–5426.9%
55–6412.9%
65+15.7%
Gender
53.3%
46.7%
Male53.3%
Female46.7%
Race & ethnicity
39.3%
19.5%
43.4%
White39.3%
Black19.5%
Hispanic43.4%
Asian1.4%
Education (25+)
14.7%
26.5%
21.7%
37.2%
No HS diploma14.7%
HS diploma26.5%
Some college21.7%
Bachelor's+37.2%
Housing tenure
37%
63%
Owner37%
Renter63%

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

2021 vs 2026

How ZIP 33607 in Tampa, FL has changed in 5 years

Rent
$1,742 → $2,233
up 28.2%
Income
$50,241 → $69,694
up 38.7%
Population
24,171 → 25,291
up 4.6%
Renter share
58.3% → 63%
+4.7 pts
Bachelor's+
32.6% → 37.2%
+4.6 pts

Since 2021, the typical rent in ZIP 33607 in Tampa, FL has increased from $1,742 to $2,233, a 28.2% change over five years. Local incomes tracked alongside that move, going from a median of $50,241 in 2021 to $69,694 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 4.6% since 2021, moving from about 24,171 residents to roughly 25,291. Renters now make up 63% of households, compared with 58.3% five years ago. College-educated residents now make up 37.2% of adults here, versus 32.6% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33607 in Tampa, FL market of 2021.

Community

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About renting in ZIP 33607

Last updated: October 17, 2026

ZIP code 33607 covers Tampa, FL. The median rent here is $2,233/mo as of October 2026. A 1-bedroom rents for a median of $2,080/mo. A 2-bedroom rents for a median of $2,430/mo.

At 38% of local median household income ($69,694/yr), ZIP 33607 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33607?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (about $43/hour full-time) to afford the median rent of $2,233/mo in ZIP 33607. The local median household income is $69,694/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33607?

Rent in ZIP 33607 has risen 0.7% over the past year as of September 2026. It sits 1.2% below its high of $2,260 in February 2025.

When is the cheapest time to rent in ZIP 33607?

Asking rents in ZIP 33607 are usually lowest in December, about 1.5% below their yearly trend, and highest in July, about 1.3% above it. At today's median that is a gap of roughly $63 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 33607?

No. From 2019 to 2024, rent in ZIP 33607 rose 42.9% while median household income rose 55.5%, from $44,806 to $69,694. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33607 compare to other ZIPs in Florida?

ZIP 33607 is in the middle among Florida ZIP codes for rent, ranking #252 of 656 at $2,233/mo. Over the year to September 2026, rent in ZIP 33607 changed +0.7%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33607 compare to the rest of Tampa?

At $2,233/mo, ZIP 33607 is $303 above the Tampa citywide median of $1,930/mo. It is the 11th cheapest of 16 ZIP codes in Tampa.
Income Affordability
38%
MODERATE

At $2,233/mo, rent takes ~38% of ZIP 33607's median household income ($69,694/yr). The standard benchmark is 30%.

ZIP 33607 38%Benchmark 30%
State income taxNone
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