ZIP Code · FL

ZIP 33803

Part of Lakeland, FL
Pop. 29,321·Polk County·572nd most expensive ZIP in Florida
Median rent (all units)
$1,612/mo
Year-over-Year
+1.3%
Month-over-Month
-0.4%
vs US Median
-$320
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33803 · $1,612
More affordable than 64% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,410
2 BR
$1,720
3 BR
$2,320
4 BR+
$2,890
Research median
$1,720/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 33803 is 0.4% below its high of $1,619 in August 2026, at $1,612 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33803 changed +1.3% 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 7 of the last 12 months.

What a typical income covers

30% of the median household income ($65,807) is $1,645 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,410); a 2-bedroom is $1,720.

Rank in Lakeland

3rd cheapest of 9 ZIP codes in Lakeland.

From Zillow's monthly rent index (ZORI) for ZIP 33803. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,344/yr
At $1,612/mo median
Location
StateFL
CountyPolk County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.3% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 33803 (Lakeland, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 34.1% of residents hold a bachelor's degree or higher.

Population
29,321
Median income
$65,807
Median age
41.8
Renters
36.5%
Age distribution
16.4%
24.4%
23.5%
24.5%
Under 1816.4%
18–3424.4%
35–5423.5%
55–6411.1%
65+24.5%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
72.6%
19.3%
White72.6%
Black5.9%
Hispanic19.3%
Asian3.4%
Education (25+)
27.5%
31.8%
34.1%
No HS diploma6.7%
HS diploma27.5%
Some college31.8%
Bachelor's+34.1%
Housing tenure
63.5%
36.5%
Owner63.5%
Renter36.5%

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

2022 vs 2026

How ZIP 33803 in Lakeland, FL has changed in 5 years

Rent
$1,503 → $1,612
up 7.3%
Income
$58,437 → $65,807
up 12.6%
Population
29,942 → 29,321
down 2.1%
Renter share
38.3% → 36.5%
-1.8 pts
Bachelor's+
34.4% → 34.1%
-0.3 pts
Median age
41.2 → 41.8
+0.6 yrs

Rent in ZIP 33803 in Lakeland, FL has increased 7.3% since 2022, going from about $1,503 per month to roughly $1,612 today. Census figures show median household income at $65,807 today, compared with $58,437 five years earlier. Income growth outran rent by about 5.3 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 29,942 to 29,321 between 2021 and 2024, a 2.1% change. About 36.5% of households rent today, against 38.3% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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About renting in ZIP 33803

Last updated: October 17, 2026

ZIP code 33803 covers Lakeland, FL. The median rent here is $1,612/mo as of October 2026. A 1-bedroom rents for a median of $1,410/mo. A 2-bedroom rents for a median of $1,720/mo.

At 29% of local median household income ($65,807/yr), ZIP 33803 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33803?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,612/mo in ZIP 33803. The local median household income is $65,807/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 33803?

Rent in ZIP 33803 has risen 1.3% over the past year as of September 2026. It sits 0.4% below its high of $1,619 in August 2026.

How does ZIP 33803 compare to other ZIPs in Florida?

ZIP 33803 is one of the more affordable among Florida ZIP codes for rent, ranking #572 of 656 at $1,612/mo. Over the year to September 2026, rent in ZIP 33803 changed +1.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33803 compare to the rest of Lakeland?

At $1,612/mo, ZIP 33803 is $75 below the Lakeland citywide median of $1,687/mo. It is the 3rd cheapest of 9 ZIP codes in Lakeland.
Income Affordability
29%
AFFORDABLE

At $1,612/mo, rent takes ~29% of ZIP 33803's median household income ($65,807/yr). The standard benchmark is 30%.

ZIP 33803 29%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33803 (Lakeland, FL)

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