ZIP Code · FL

ZIP 33706

Pop. 15,298·Pinellas County·122nd most expensive ZIP in Florida
Median rent (all units)
$2,606/mo
Year-over-Year
+6.1%
Month-over-Month
+1.9%
vs US Median
+$674
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33706 · $2,606
More expensive than 82% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,710
1 BR
$1,820
2 BR
$2,120
3 BR
$2,710
4 BR+
$3,300
Research median
$2,120/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

September. Asking rents in ZIP 33706 usually run 2.8% below trend in September and 3.4% above it in January, about $162 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33706 is at its highest level since Zillow's records here began in March 2015.

Past year vs. the rest of Florida

Rent in ZIP 33706 changed +6.1% 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 33706 rose 69.1% while median household income rose 38% ($75,636 to $104,359). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33706 is 77.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($104,359) is $2,609 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,120); a 3-bedroom is $2,710.

Cheaper nearby

ZIP 33707, 2 miles away, rents for 13% less ($2,267/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33706. 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
$31,272/yr
At $2,606/mo median
Location
StateFL
CountyPinellas County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.1% YoY, +1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 33706 (Saint Pete Beach, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 53.3% of residents hold a bachelor's degree or higher.

Population
15,298
Median income
$104,359
Median age
62.7
Renters
25.5%
Age distribution
17.8%
25%
44.1%
Under 184.2%
18–348.9%
35–5417.8%
55–6425%
65+44.1%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
89.9%
White89.9%
Black1.4%
Hispanic5%
Asian0.9%
Other2.7%
Education (25+)
14.2%
29.1%
53.3%
No HS diploma3.4%
HS diploma14.2%
Some college29.1%
Bachelor's+53.3%
Housing tenure
74.5%
25.5%
Owner74.5%
Renter25.5%

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

2021 vs 2026

How ZIP 33706 in Saint Pete Beach, FL has changed in 5 years

Rent
$1,640 → $2,606
up 58.9%
Income
$88,219 → $104,359
up 18.3%
Population
15,478 → 15,298
down 1.2%
Renter share
24% → 25.5%
+1.5 pts
Bachelor's+
48.8% → 53.3%
+4.5 pts
Median age
61.1 → 62.7
+1.6 yrs

Across the past five years, the going rent in ZIP 33706 in Saint Pete Beach, FL has shifted from $1,640 to $2,606, up 58.9% since 2021. On the earnings side, the typical household in ZIP 33706 in Saint Pete Beach, FL now reports about $104,359, up from $88,219 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 33706 in Saint Pete Beach, FL losing about 180 residents over the five-year window, down 1.2% on net. The renter share has risen from 24% to 25.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.8% to 53.3% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33706 in Saint Pete Beach, FL reflects that arc in its own way.

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Local insights

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About renting in ZIP 33706

Last updated: October 17, 2026

ZIP code 33706 covers Saint Pete Beach, FL. The median rent here is $2,606/mo as of October 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $2,120/mo.

At 30% of local median household income ($104,359/yr), ZIP 33706 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33706?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (about $50/hour full-time) to afford the median rent of $2,606/mo in ZIP 33706. The local median household income is $104,359/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 33706?

Rent in ZIP 33706 has risen 6.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2015.

When is the cheapest time to rent in ZIP 33706?

Asking rents in ZIP 33706 are usually lowest in September, about 2.8% below their yearly trend, and highest in January, about 3.4% above it. At today's median that is a gap of roughly $162 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33706?

Yes. From 2019 to 2024, rent in ZIP 33706 rose 69.1% while median household income rose 38%, from $75,636 to $104,359. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33706 compare to other ZIPs in Florida?

ZIP 33706 is one of the pricier among Florida ZIP codes for rent, ranking #122 of 656 at $2,606/mo. Over the year to September 2026, rent in ZIP 33706 changed +6.1%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33706 compare to the rest of Saint Pete Beach?

At $2,606/mo, ZIP 33706 is $13 below the Saint Pete Beach citywide median of $2,619/mo.
Income Affordability
30%
MODERATE

At $2,606/mo, rent takes ~30% of ZIP 33706's median household income ($104,359/yr). The standard benchmark is 30%.

ZIP 33706 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33706 (Saint Pete Beach, FL)

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