ZIP Code · FL

ZIP 33823

Part of Auburndale, FL

Pop. 41,779·Polk County·516th most expensive ZIP in Florida

Median rent (all units)

$1,740/mo

Year-over-Year

+0.2%

Month-over-Month

-0.1%

vs US Median

-$192

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 33823 · $1,740

More affordable than 55% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,000

1 BR

$1,000

2 BR

$1,220

3 BR

$1,650

4 BR+

$2,050

Research median

$1,220/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 33823 is 0.8% below its high of $1,754 in July 2026, at $1,740 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33823 changed +0.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($71,485) is $1,787 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,650); a 4-bedroom is $2,050.

Cheaper nearby

ZIP 33805, 6 miles away, rents for 15% less ($1,484/mo), about $3,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33823. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,880/yr

At $1,740/mo median

Location

CityAuburndale

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 (+0.2% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 33823 (Auburndale, FL) is majority owner-occupied, 19.2% of residents hold a bachelor's degree or higher.

Population

41,779

Median income

$71,485

Median age

40.7

Renters

24.8%

Age distribution

21.8%

21.9%

26.5%

12.9%

16.9%

Under 1821.8%

18–3421.9%

35–5426.5%

55–6412.9%

65+16.9%

Gender

47.3%

52.7%

Male47.3%

Female52.7%

Race & ethnicity

65.8%

22.7%

White65.8%

Black9.8%

Hispanic22.7%

Asian2.4%

Education (25+)

13.3%

37.9%

29.6%

19.2%

No HS diploma13.3%

HS diploma37.9%

Some college29.6%

Bachelor's+19.2%

Housing tenure

75.2%

24.8%

Owner75.2%

Renter24.8%

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

2022 vs 2026

How ZIP 33823 in Auburndale, FL has changed in 5 years

Rent

$1,508 → $1,740

up 15.4%

Income

$57,879 → $71,485

up 23.5%

Population

36,098 → 41,779

up 15.7%

Renter share

29.8% → 24.8%

-5.0 pts

Bachelor's+

19.1% → 19.2%

+0.1 pts

Five years ago, renters in ZIP 33823 in Auburndale, FL paid around $1,508 a month. That figure now sits near $1,740, up 15.4% from the 2022 baseline. Local incomes tracked alongside that move, going from a median of $57,879 in 2021 to $71,485 more recently. 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 33823 in Auburndale, FL adding about 5,681 residents over the five-year window, up 15.7% on net. The renter share has eased from 29.8% to 24.8%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33823 in Auburndale, FL market of 2022.

Community

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Local insights

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About renting in ZIP 33823

Last updated: October 17, 2026

ZIP code 33823 covers Auburndale, FL. The median rent here is $1,740/mo as of October 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,220/mo.

At 29% of local median household income ($71,485/yr), ZIP 33823 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 33823?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,740/mo in ZIP 33823. The local median household income is $71,485/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 33823?

Rent in ZIP 33823 has been roughly flat over the past year as of September 2026, a +0.2% change. It sits 0.8% below its high of $1,754 in July 2026.

How does ZIP 33823 compare to other ZIPs in Florida?

ZIP 33823 is one of the more affordable among Florida ZIP codes for rent, ranking #516 of 656 at $1,740/mo. Over the year to September 2026, rent in ZIP 33823 changed +0.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.