ZIP Code · FL

ZIP 34224

Part of Englewood, FL

Pop. 15,536·Charlotte County·574th most expensive ZIP in Florida

Median rent (all units)

$1,607/mo

Year-over-Year

+4.5%

Month-over-Month

+1.1%

vs US Median

-$325

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 34224 · $1,607

More affordable than 65% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,080

1 BR

$1,090

2 BR

$1,370

3 BR

$1,900

4 BR+

$2,170

Research median

$1,370/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

Past year vs. the rest of Florida

Rent in ZIP 34224 changed +4.5% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($57,281) is $1,432 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,370); a 3-bedroom is $1,900.

From Zillow's monthly rent index (ZORI) for ZIP 34224. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,284/yr

At $1,607/mo median

Location

CityEnglewood

StateFL

CountyCharlotte County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.5% YoY, +1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 34224 (Englewood, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 22.2% of residents hold a bachelor's degree or higher.

Population

15,536

Median income

$57,281

Median age

64.8

Renters

17.8%

Age distribution

15.8%

16.1%

49.6%

Under 187.5%

18–3411%

35–5415.8%

55–6416.1%

65+49.6%

Gender

47.7%

52.3%

Male47.7%

Female52.3%

Race & ethnicity

91.3%

White91.3%

Black0.7%

Hispanic4%

Asian1%

Other3%

Education (25+)

37.9%

34%

22.2%

No HS diploma5.9%

HS diploma37.9%

Some college34%

Bachelor's+22.2%

Housing tenure

82.2%

17.8%

Owner82.2%

Renter17.8%

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

2021 vs 2026

How ZIP 34224 in Englewood, FL has changed in 5 years

Income

$49,637 → $57,281

up 15.4%

Population

15,387 → 15,536

up 1.0%

Renter share

19% → 17.8%

-1.2 pts

Bachelor's+

23.3% → 22.2%

-1.1 pts

Median age

63.5 → 64.8

+1.3 yrs

Household income in the area moved from $49,637 to $57,281 across the same window, up 15.4% versus 2021. The population has grown by 1.0% since 2021, moving from about 15,387 residents to roughly 15,536.

Community

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Local insights

Tips for renters in ZIP 34224

About renting in ZIP 34224

Last updated: October 17, 2026

ZIP code 34224 covers Englewood, FL. The median rent here is $1,607/mo as of October 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,370/mo.

At 34% of local median household income ($57,281/yr), ZIP 34224 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34224?

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 $1,607/mo in ZIP 34224. The local median household income is $57,281/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34224?

Rent in ZIP 34224 has risen 4.5% over the past year.

How does ZIP 34224 compare to other ZIPs in Florida?

ZIP 34224 is one of the more affordable among Florida ZIP codes for rent, ranking #574 of 656 at $1,607/mo. Over the year to September 2026, rent in ZIP 34224 changed +4.5%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.