ZIP Code · FL

ZIP 34608

Pop. 36,658·Hernando County·487th most expensive ZIP in Florida
Median rent (all units)
$1,805/mo
Year-over-Year
+3.0%
Month-over-Month
+0.4%
vs US Median
-$127
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 34608 · $1,805
More affordable than 51% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,350
1 BR
$1,440
2 BR
$1,680
3 BR
$2,150
4 BR+
$2,610
Research median
$1,680/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 34608 usually run 0.7% below trend in December and 0.8% above it in July, about $27 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 34608 is at its highest level since Zillow's records here began in October 2021.

Past year vs. the rest of Florida

Rent in ZIP 34608 changed +3.0% 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 6 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($64,345) is $1,609 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,440); a 2-bedroom is $1,680.

From Zillow's monthly rent index (ZORI) for ZIP 34608. 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
$21,660/yr
At $1,805/mo median
Location
StateFL
CountyHernando County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 34608 (Spring Hill, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 18.5% of residents hold a bachelor's degree or higher.

Population
36,658
Median income
$64,345
Median age
43.9
Renters
19.6%
Age distribution
20.1%
18.4%
24%
15%
22.4%
Under 1820.1%
18–3418.4%
35–5424%
55–6415%
65+22.4%
Gender
45.8%
54.2%
Male45.8%
Female54.2%
Race & ethnicity
74.8%
19.9%
White74.8%
Black4.1%
Hispanic19.9%
Asian2.1%
Education (25+)
36.3%
35.1%
18.5%
No HS diploma10.1%
HS diploma36.3%
Some college35.1%
Bachelor's+18.5%
Housing tenure
80.4%
19.6%
Owner80.4%
Renter19.6%

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

2022 vs 2026

How ZIP 34608 in Spring Hill, FL has changed in 5 years

Rent
$1,501 → $1,805
up 20.3%
Income
$53,764 → $64,345
up 19.7%
Population
35,708 → 36,658
up 2.7%
Renter share
24.9% → 19.6%
-5.3 pts
Bachelor's+
17.2% → 18.5%
+1.3 pts
Median age
44.7 → 43.9
-0.8 yrs

Rent in ZIP 34608 in Spring Hill, FL has climbed 20.3% since 2022, going from about $1,501 per month to roughly $1,805 today. Household income in the area moved from $53,764 to $64,345 across the same window, up 19.7% versus 2021. Headcount in the area went from 35,708 to 36,658 between 2021 and 2024, a 2.7% change. About 19.6% of households rent today, against 24.9% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 34608 in Spring Hill, FL look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 34608

Last updated: October 17, 2026

ZIP code 34608 covers Spring Hill, FL. The median rent here is $1,805/mo as of October 2026. A 1-bedroom rents for a median of $1,440/mo. A 2-bedroom rents for a median of $1,680/mo.

At 34% of local median household income ($64,345/yr), ZIP 34608 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34608?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,805/mo in ZIP 34608. The local median household income is $64,345/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34608?

Rent in ZIP 34608 has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2021.

When is the cheapest time to rent in ZIP 34608?

Asking rents in ZIP 34608 are usually lowest in December, about 0.7% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 34608 compare to other ZIPs in Florida?

ZIP 34608 is one of the more affordable among Florida ZIP codes for rent, ranking #487 of 656 at $1,805/mo. Over the year to September 2026, rent in ZIP 34608 changed +3.0%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 34608 compare to the rest of Spring Hill?

At $1,805/mo, ZIP 34608 is $53 below the Spring Hill citywide median of $1,858/mo.
Income Affordability
34%
MODERATE

At $1,805/mo, rent takes ~34% of ZIP 34608's median household income ($64,345/yr). The standard benchmark is 30%.

ZIP 34608 34%Benchmark 30%
State income taxNone
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