ZIP Code · FL

ZIP 33637

Pop. 17,658·Hillsborough County·501st most expensive ZIP in Florida
Median rent (all units)
$1,768/mo
Year-over-Year
-1.5%
Month-over-Month
-0.6%
vs US Median
-$164
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33637 · $1,768
More affordable than 53% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,690
2 BR
$1,970
3 BR
$2,520
4 BR+
$3,070
Research median
$1,970/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

Compared with the peak

Rent in ZIP 33637 is 2.5% below its high of $1,814 in February 2026, at $1,768 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33637 changed -1.5% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($63,323) is $1,583 a month. That is less than HUD's Fair Market Rent for a studio ($1,590).

Cheaper nearby

ZIP 33612, 5 miles away, rents for 15% less ($1,500/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33637. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,216/yr
At $1,768/mo median
Location
StateFL
CountyHillsborough County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.5% YoY, -0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33637 (Temple Terrace, FL) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 36.3% of residents hold a bachelor's degree or higher.

Population
17,658
Median income
$63,323
Median age
34.3
Renters
57.1%
Age distribution
19.6%
31.3%
26.1%
12.9%
Under 1819.6%
18–3431.3%
35–5426.1%
55–6410.1%
65+12.9%
Gender
47%
53%
Male47%
Female53%
Race & ethnicity
41.6%
20.1%
34.9%
White41.6%
Black20.1%
Hispanic34.9%
Asian8.5%
Education (25+)
24.5%
29.8%
36.3%
No HS diploma9.4%
HS diploma24.5%
Some college29.8%
Bachelor's+36.3%
Housing tenure
42.9%
57.1%
Owner42.9%
Renter57.1%

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

2022 vs 2026

How ZIP 33637 in Temple Terrace, FL has changed in 5 years

Rent
$1,701 → $1,768
up 3.9%
Income
$52,280 → $63,323
up 21.1%
Population
18,522 → 17,658
down 4.7%
Renter share
55.9% → 57.1%
+1.2 pts
Bachelor's+
35.7% → 36.3%
+0.6 pts
Median age
31.9 → 34.3
+2.4 yrs

Across the past five years, the going rent in ZIP 33637 in Temple Terrace, FL has shifted from $1,701 to $1,768, up 3.9% since 2022. Census figures show median household income at $63,323 today, compared with $52,280 five years earlier. 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 33637 in Temple Terrace, FL losing about 864 residents over the five-year window, down 4.7% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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Local insights

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About renting in ZIP 33637

Last updated: October 17, 2026

ZIP code 33637 covers Temple Terrace, FL. The median rent here is $1,768/mo as of October 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $1,970/mo.

At 34% of local median household income ($63,323/yr), ZIP 33637 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33637?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,768/mo in ZIP 33637. The local median household income is $63,323/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33637?

Rent in ZIP 33637 has fallen 1.5% over the past year as of September 2026. It sits 2.5% below its high of $1,814 in February 2026.

How does ZIP 33637 compare to other ZIPs in Florida?

ZIP 33637 is one of the more affordable among Florida ZIP codes for rent, ranking #501 of 656 at $1,768/mo. Over the year to September 2026, rent in ZIP 33637 changed -1.5%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33637 compare to the rest of Temple Terrace?

At $1,768/mo, ZIP 33637 is $31 above the Temple Terrace citywide median of $1,737/mo.
Income Affordability
34%
MODERATE

At $1,768/mo, rent takes ~34% of ZIP 33637's median household income ($63,323/yr). The standard benchmark is 30%.

ZIP 33637 34%Benchmark 30%
State income taxNone
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Public schools near ZIP 33637 (Temple Terrace, FL)

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