ZIP Code · FL

ZIP 34606

Pop. 28,668·Hernando County·536th most expensive ZIP in Florida
Median rent (all units)
$1,701/mo
Year-over-Year
+0.3%
Month-over-Month
+0.4%
vs US Median
-$231
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 34606 · $1,701
More affordable than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,380
2 BR
$1,610
3 BR
$2,060
4 BR+
$2,510
Research median
$1,610/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 34606 is 1% below its high of $1,718 in June 2025, at $1,701 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 34606 changed +0.3% 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 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($57,337) is $1,433 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,380); a 2-bedroom is $1,610.

From Zillow's monthly rent index (ZORI) for ZIP 34606. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,412/yr
At $1,701/mo median
Location
StateFL
CountyHernando 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 (+0.3% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 34606 (Timber Pines, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 19% of residents hold a bachelor's degree or higher.

Population
28,668
Median income
$57,337
Median age
49.8
Renters
23.2%
Age distribution
15.8%
18.6%
22.5%
31.2%
Under 1815.8%
18–3418.6%
35–5422.5%
55–6411.9%
65+31.2%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
75.9%
16.5%
White75.9%
Black4.7%
Hispanic16.5%
Other2.5%
Education (25+)
35.3%
35.4%
19%
No HS diploma10.2%
HS diploma35.3%
Some college35.4%
Bachelor's+19%
Housing tenure
76.8%
23.2%
Owner76.8%
Renter23.2%

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

2022 vs 2026

How ZIP 34606 in Timber Pines, FL has changed in 5 years

Rent
$1,495 → $1,701
up 13.8%
Income
$46,250 → $57,337
up 24.0%
Population
28,162 → 28,668
up 1.8%
Renter share
23.4% → 23.2%
-0.2 pts
Bachelor's+
21.1% → 19%
-2.1 pts
Median age
50.6 → 49.8
-0.8 yrs

Rent in ZIP 34606 in Timber Pines, FL has increased 13.8% since 2022, going from about $1,495 per month to roughly $1,701 today. On the earnings side, the typical household in ZIP 34606 in Timber Pines, FL now reports about $57,337, up from $46,250 in 2021. Income growth outran rent by about 10.2 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 28,162 to 28,668 between 2021 and 2024, a 1.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 21.1% to 19%. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 34606 in Timber Pines, FL reflects that arc in its own way.

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About renting in ZIP 34606

Last updated: October 17, 2026

ZIP code 34606 covers Timber Pines, FL. The median rent here is $1,701/mo as of October 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,610/mo.

At 36% of local median household income ($57,337/yr), ZIP 34606 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34606?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,701/mo in ZIP 34606. The local median household income is $57,337/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34606?

Rent in ZIP 34606 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 1% below its high of $1,718 in June 2025.

How does ZIP 34606 compare to other ZIPs in Florida?

ZIP 34606 is one of the more affordable among Florida ZIP codes for rent, ranking #536 of 656 at $1,701/mo. Over the year to September 2026, rent in ZIP 34606 changed +0.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.
Income Affordability
36%
MODERATE

At $1,701/mo, rent takes ~36% of ZIP 34606's median household income ($57,337/yr). The standard benchmark is 30%.

ZIP 34606 36%Benchmark 30%
State income taxNone
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