ZIP Code · FL

ZIP 33701

Pop. 18,823·Pinellas County·134th most expensive ZIP in Florida
Median rent (all units)
$2,553/mo
Year-over-Year
+5.6%
Month-over-Month
+0.8%
vs US Median
+$621
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33701 · $2,553
More expensive than 81% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,740
1 BR
$1,850
2 BR
$2,160
3 BR
$2,760
4 BR+
$3,360
Research median
$2,160/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

March. Asking rents in ZIP 33701 usually run 0.4% below trend in March and 0.4% above it in December, about $20 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33701 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in ZIP 33701 changed +5.6% 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 33701 rose 55.3% while median household income rose 87.4% ($39,251 to $73,542). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 33701 is 57.8% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($73,542) is $1,839 a month. That covers HUD's Fair Market Rent for up to a studio ($1,740); a 1-bedroom is $1,850.

Rank in Saint Petersburg

12th cheapest of 14 ZIP codes in Saint Petersburg.

Cheaper nearby

ZIP 33704, 2 miles away, rents for 14% less ($2,185/mo), about $4,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33701. 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
$30,636/yr
At $2,553/mo median
Location
StateFL
CountyPinellas County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.6% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 33701 (Saint Petersburg, FL) is majority renter-occupied, has a large retiree population, 58.2% of residents hold a bachelor's degree or higher.

Population
18,823
Median income
$73,542
Median age
46.1
Renters
60.6%
Age distribution
29.5%
21.1%
14.6%
26.2%
Under 188.6%
18–3429.5%
35–5421.1%
55–6414.6%
65+26.2%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
79.5%
White79.5%
Black8.8%
Hispanic10.3%
Asian2.5%
Education (25+)
13.5%
23.9%
58.2%
No HS diploma4.4%
HS diploma13.5%
Some college23.9%
Bachelor's+58.2%
Housing tenure
39.4%
60.6%
Owner39.4%
Renter60.6%

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

2021 vs 2026

How ZIP 33701 in Saint Petersburg, FL has changed in 5 years

Rent
$1,759 → $2,553
up 45.1%
Income
$54,192 → $73,542
up 35.7%
Population
16,802 → 18,823
up 12.0%
Renter share
61.4% → 60.6%
-0.8 pts
Bachelor's+
52.9% → 58.2%
+5.3 pts

Since 2021, the typical rent in ZIP 33701 in Saint Petersburg, FL has climbed from $1,759 to $2,553, a 45.1% change over five years. Local incomes tracked alongside that move, going from a median of $54,192 in 2021 to $73,542 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 12.0% since 2021, moving from about 16,802 residents to roughly 18,823. College-educated residents now make up 58.2% of adults here, versus 52.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33701 in Saint Petersburg, FL market of 2021.

Community

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Local insights

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About renting in ZIP 33701

Last updated: October 17, 2026

ZIP code 33701 covers Saint Petersburg, FL. The median rent here is $2,553/mo as of October 2026. A 1-bedroom rents for a median of $1,850/mo. A 2-bedroom rents for a median of $2,160/mo.

At 42% of local median household income ($73,542/yr), ZIP 33701 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33701?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (about $49/hour full-time) to afford the median rent of $2,553/mo in ZIP 33701. The local median household income is $73,542/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33701?

Rent in ZIP 33701 has risen 5.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 33701?

Asking rents in ZIP 33701 are usually lowest in March, about 0.4% below their yearly trend, and highest in December, about 0.4% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33701?

No. From 2019 to 2024, rent in ZIP 33701 rose 55.3% while median household income rose 87.4%, from $39,251 to $73,542. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33701 compare to other ZIPs in Florida?

ZIP 33701 is one of the pricier among Florida ZIP codes for rent, ranking #134 of 656 at $2,553/mo. Over the year to September 2026, rent in ZIP 33701 changed +5.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33701 compare to the rest of Saint Petersburg?

At $2,553/mo, ZIP 33701 is $514 above the Saint Petersburg citywide median of $2,039/mo. It is the 12th cheapest of 14 ZIP codes in Saint Petersburg.
Income Affordability
42%
STRETCHED

At $2,553/mo, rent takes ~42% of ZIP 33701's median household income ($73,542/yr). The standard benchmark is 30%.

ZIP 33701 42%Benchmark 30%
State income taxNone
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