ZIP Code · FL

ZIP 33897

Pop. 30,159·Polk County·300th most expensive ZIP in Florida
Median rent (all units)
$2,120/mo
Year-over-Year
+3.6%
Month-over-Month
+1.2%
vs US Median
+$188
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33897 · $2,120
More expensive than 67% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,830
1 BR
$1,840
2 BR
$2,230
3 BR
$3,010
4 BR+
$3,740
Research median
$2,230/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

December. Asking rents in ZIP 33897 usually run 0.9% below trend in December and 0.5% above it in September, about $30 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33897 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in ZIP 33897 changed +3.6% 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 33897 rose 40.1% while median household income rose 17.5% ($60,430 to $70,982). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33897 is 43.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($70,982) is $1,775 a month. That is less than HUD's Fair Market Rent for a studio ($1,830).

Rank in Davenport

3rd cheapest of 3 ZIP codes in Davenport.

Cheaper nearby

ZIP 33896, 7 miles away, rents for 15% less ($1,793/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33897. 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
$25,440/yr
At $2,120/mo median
Location
StateFL
CountyPolk County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 33897 (Davenport, FL) is majority owner-occupied, 30.4% of residents hold a bachelor's degree or higher.

Population
30,159
Median income
$70,982
Median age
38
Renters
26.8%
Age distribution
22.2%
23.1%
29.6%
13.3%
Under 1822.2%
18–3423.1%
35–5429.6%
55–6411.8%
65+13.3%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
47.9%
47.5%
White47.9%
Black5.8%
Hispanic47.5%
Asian1.8%
Education (25+)
26.8%
36.5%
30.4%
No HS diploma6.3%
HS diploma26.8%
Some college36.5%
Bachelor's+30.4%
Housing tenure
73.2%
26.8%
Owner73.2%
Renter26.8%

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

2021 vs 2026

How ZIP 33897 in Davenport, FL has changed in 5 years

Rent
$1,496 → $2,120
up 41.7%
Income
$59,636 → $70,982
up 19.0%
Population
25,842 → 30,159
up 16.7%
Renter share
32.3% → 26.8%
-5.5 pts
Bachelor's+
22.8% → 30.4%
+7.6 pts
Median age
37.3 → 38
+0.7 yrs

Across the past five years, the going rent in ZIP 33897 in Davenport, FL has shifted from $1,496 to $2,120, up 41.7% since 2021. Census figures show median household income at $70,982 today, compared with $59,636 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 33897 in Davenport, FL adding about 4,317 residents over the five-year window, up 16.7% on net. The renter share has eased from 32.3% to 26.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 22.8% to 30.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 33897

Last updated: October 17, 2026

ZIP code 33897 covers Davenport, FL. The median rent here is $2,120/mo as of October 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,230/mo.

At 36% of local median household income ($70,982/yr), ZIP 33897 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33897?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (about $41/hour full-time) to afford the median rent of $2,120/mo in ZIP 33897. The local median household income is $70,982/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33897?

Rent in ZIP 33897 has risen 3.6% 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 33897?

Asking rents in ZIP 33897 are usually lowest in December, about 0.9% below their yearly trend, and highest in September, about 0.5% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33897?

Yes. From 2019 to 2024, rent in ZIP 33897 rose 40.1% while median household income rose 17.5%, from $60,430 to $70,982. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33897 compare to other ZIPs in Florida?

ZIP 33897 is in the middle among Florida ZIP codes for rent, ranking #300 of 656 at $2,120/mo. Over the year to September 2026, rent in ZIP 33897 changed +3.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33897 compare to the rest of Davenport?

At $2,120/mo, ZIP 33897 is $142 above the Davenport citywide median of $1,978/mo. It is the 3rd cheapest of 3 ZIP codes in Davenport.
Income Affordability
36%
MODERATE

At $2,120/mo, rent takes ~36% of ZIP 33897's median household income ($70,982/yr). The standard benchmark is 30%.

ZIP 33897 36%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33897 (Davenport, FL)

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