ZIP Code · FL

ZIP 33624

Pop. 41,346·Hillsborough County·527th most expensive ZIP in Florida
Median rent (all units)
$1,715/mo
Year-over-Year
+0.2%
Month-over-Month
+1.1%
vs US Median
-$217
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33624 · $1,715
More affordable than 57% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,281
1 BR
$1,367
2 BR
$1,590
3 BR
$2,037
4 BR+
$2,476
Research median
$1,590/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

November. Asking rents in ZIP 33624 usually run 0.8% below trend in November and 0.8% above it in June, about $27 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33624 is 0.8% below its high of $1,728 in August 2025, at $1,715 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33624 changed +0.2% 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 33624 rose 53.3% while median household income rose 25.5% ($69,910 to $87,760). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33624 is 52.4% 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 7 of the last 12 months.

What a typical income covers

30% of the median household income ($87,760) is $2,194 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,900); a 2-bedroom is $2,210.

Cheaper nearby

ZIP 33613, 5 miles away, rents for 17% less ($1,428/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33624. 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
$20,580/yr
At $1,715/mo median
Location
StateFL
CountyHillsborough County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.2% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 33624 (Greater Carrollwood, FL) is majority owner-occupied, 43.1% of residents hold a bachelor's degree or higher.

Population
41,346
Median income
$87,760
Median age
39.3
Renters
33.1%
Age distribution
22%
21%
29.2%
15.8%
Under 1822%
18–3421%
35–5429.2%
55–6411.9%
65+15.8%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
53.1%
39.7%
White53.1%
Black8%
Hispanic39.7%
Asian3.6%
Education (25+)
20.8%
29.3%
43.1%
No HS diploma6.8%
HS diploma20.8%
Some college29.3%
Bachelor's+43.1%
Housing tenure
66.9%
33.1%
Owner66.9%
Renter33.1%

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

2021 vs 2026

How ZIP 33624 in Greater Carrollwood, FL has changed in 5 years

Rent
$1,224 → $1,715
up 40.1%
Income
$73,107 → $87,760
up 20.0%
Population
40,904 → 41,346
up 1.1%
Renter share
35% → 33.1%
-1.9 pts
Bachelor's+
42.6% → 43.1%
+0.5 pts
Median age
40.1 → 39.3
-0.8 yrs

Compared with 2021, rent in ZIP 33624 in Greater Carrollwood, FL has climbed by $491 per month, settling near $1,715 after starting the period at $1,224. Census figures show median household income at $87,760 today, compared with $73,107 five years earlier. Rent outpaced income growth by roughly 20.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 40,904 to 41,346 between 2021 and 2024, a 1.1% change. About 33.1% of households rent today, against 35% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 33624

Last updated: October 17, 2026

ZIP code 33624 covers Greater Carrollwood, FL. The median rent here is $1,715/mo as of October 2026. A 1-bedroom rents for a median of $1,367/mo. A 2-bedroom rents for a median of $1,590/mo.

At 23% of local median household income ($87,760/yr), ZIP 33624 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33624?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,715/mo in ZIP 33624. The local median household income is $87,760/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 33624?

Rent in ZIP 33624 has been roughly flat over the past year as of September 2026, a +0.2% change. It sits 0.8% below its high of $1,728 in August 2025.

When is the cheapest time to rent in ZIP 33624?

Asking rents in ZIP 33624 are usually lowest in November, about 0.8% below their yearly trend, and highest in June, about 0.8% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33624?

Yes. From 2019 to 2024, rent in ZIP 33624 rose 53.3% while median household income rose 25.5%, from $69,910 to $87,760. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33624 compare to other ZIPs in Florida?

ZIP 33624 is one of the more affordable among Florida ZIP codes for rent, ranking #527 of 656 at $1,715/mo. Over the year to September 2026, rent in ZIP 33624 changed +0.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33624 compare to the rest of Greater Carrollwood?

At $1,715/mo, ZIP 33624 is $20 below the Greater Carrollwood citywide median of $1,735/mo.
Income Affordability
23%
VERY AFFORDABLE

At $1,715/mo, rent takes ~23% of ZIP 33624's median household income ($87,760/yr). The standard benchmark is 30%.

ZIP 33624 23%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33624 (Greater Carrollwood, FL)

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