ZIP 33950
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 33950 is 3% below its high of $2,058 in February 2023, at $1,996 as of September 2026.
Rent in ZIP 33950 changed +2.7% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
Rent has fallen 3 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($76,369) is $1,909 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,500); a 3-bedroom is $2,080.
2nd cheapest of 4 ZIP codes in Punta Gorda.
ZIP 33980, 6 miles away, rents for 13% less ($1,733/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 33950. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 33950 (Punta Gorda, FL) is majority owner-occupied, has a large retiree population, 38.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 33950 in Punta Gorda, FL has changed in 5 years
Rent in ZIP 33950 in Punta Gorda, FL has increased 14.2% since 2022, going from about $1,748 per month to roughly $1,996 today. Census figures show median household income at $76,369 today, compared with $64,856 five years earlier. Income growth outran rent by about 3.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 24,039 to 24,955 between 2021 and 2024, a 3.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 34.9% to 38.4%. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.
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Tips for renters in ZIP 33950
Last updated: October 17, 2026
ZIP code 33950 covers Punta Gorda, FL. The median rent here is $1,996/mo as of October 2026. A 1-bedroom rents for a median of $1,190/mo. A 2-bedroom rents for a median of $1,500/mo.
At 31% of local median household income ($76,369/yr), ZIP 33950 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.
Frequently asked questions
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How does ZIP 33950 compare to other ZIPs in Florida?
How does ZIP 33950 compare to the rest of Punta Gorda?
At $1,996/mo, rent takes ~31% of ZIP 33950's median household income ($76,369/yr). The standard benchmark is 30%.
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