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ZIP Code · FL

ZIP 33928

Part of Estero, FL
Pop. 31,926·Lee County·173rd most expensive ZIP in Florida
Median rent (all units)
$2,450/mo
Year-over-Year
-2.1%
Month-over-Month
-1.3%
vs US Median
+$485
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33928 · $2,450
More expensive than 78% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,120
1 BR
$2,130
2 BR
$2,550
3 BR
$3,330
4 BR+
$3,690
Research median
$2,550/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: July 20, 2026

Annual cost
$29,400/yr
At $2,450/mo median
Location
CityEstero
StateFL
CountyLee County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.1% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.1% YoY, -1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 33928 (Estero, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 48.9% of residents hold a bachelor's degree or higher.

Population
31,926
Median income
$102,624
Median age
62.3
Renters
12.6%
Age distribution
12.5%
16.9%
15.5%
44.8%
Under 1812.5%
18–3410.3%
35–5416.9%
55–6415.5%
65+44.8%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
86.7%
White86.7%
Black1.4%
Hispanic9.5%
Asian2.5%
Education (25+)
19.7%
28.3%
48.9%
No HS diploma3.1%
HS diploma19.7%
Some college28.3%
Bachelor's+48.9%
Housing tenure
87.4%
12.6%
Owner87.4%
Renter12.6%

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

2021 vs 2026

How ZIP 33928 in Estero, FL has changed in 5 years

Rent
$1,900 → $2,450
up 28.9%
Income
$89,220 → $102,624
up 15.0%
Population
28,600 → 31,926
up 11.6%
Renter share
14.8% → 12.6%
-2.2 pts
Bachelor's+
45.2% → 48.9%
+3.7 pts

Rent in ZIP 33928 in Estero, FL has increased 28.9% since 2021, going from about $1,900 per month to roughly $2,450 today. Household income in the area moved from $89,220 to $102,624 across the same window, up 15.0% versus 2021. Rent outpaced income growth by roughly 13.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 28,600 to 31,926 between 2021 and 2024, a 11.6% change. About 12.6% of households rent today, against 14.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 45.2% to 48.9%. Reading these numbers side by side helps frame whether current listings in ZIP 33928 in Estero, FL look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 33928

About renting in ZIP 33928

Last updated: July 20, 2026

ZIP code 33928 covers Estero, FL. The median rent here is $2,450/mo as of July 2026. A 1-bedroom rents for a median of $2,130/mo. A 2-bedroom rents for a median of $2,550/mo.

At 29% of local median household income ($102,624/yr), ZIP 33928 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33928?

As of July 20, 2026, the median monthly rent in ZIP 33928 (Estero, FL) is $2,450. This is based on aggregated data from public sources and community submissions.

How does ZIP 33928 rent compare to the US average?

ZIP 33928's median rent of $2,450/mo is $485 (25%) above the US national median of $1,965/mo.

How does ZIP 33928 compare to other ZIPs in Florida?

ZIP 33928 is one of the pricier ZIP codes in Florida, ranking #173 out of 662 ZIPs tracked at $2,450/mo.

How much income do you need to rent in ZIP 33928?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (~$47/hour full-time) to afford the median rent of $2,450/mo in ZIP 33928. The local median household income is $102,624/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 33928?

Rent in ZIP 33928 has decreased 2.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 33928 an affordable place to rent?

ZIP 33928 is considered affordable for renters. At $2,450/mo, rent takes approximately 29% of the local median household income ($102,624/yr). The standard benchmark is 30%. ZIP 33928 falls comfortably within that range.

What percentage of ZIP 33928 residents rent vs. own?

According to Census data, approximately 12.6% of ZIP 33928 households are renters, while 87.4% are owner-occupied. ZIP 33928 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33928 compare to the rest of Estero?

ZIP 33928 is more affordable than Estero overall. At $2,450/mo, it's $49 below the Estero citywide median of $2,499/mo.

When was rent data for ZIP 33928 last updated?

Rent data for ZIP 33928 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,450/mo, rent takes ~29% of ZIP 33928's median household income ($102,624/yr). The standard benchmark is 30%.

ZIP 33928 29%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33928 (Estero, FL)

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