ZIP Code · FL

ZIP 34731

Part of Fruitland Park, FL

Pop. 12,196·Lake County·596th most expensive ZIP in Florida

Median rent (all units)

$1,546/mo

Year-over-Year

-4.2%

Month-over-Month

-2.9%

vs US Median

-$386

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 34731 · $1,546

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,270

1 BR

$1,340

2 BR

$1,520

3 BR

$1,920

4 BR+

$2,320

Research median

$1,520/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 34731 changed -4.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($66,300) is $1,658 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,520); a 3-bedroom is $1,920.

From Zillow's monthly rent index (ZORI) for ZIP 34731. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,552/yr

At $1,546/mo median

Location

CityFruitland Park

StateFL

CountyLake County

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 4.2% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-4.2% YoY, -2.9% MoM), not inventory.

Demographics

Who lives here

ZIP 34731 (Fruitland Park, FL) is majority owner-occupied, has a large retiree population, 19.1% of residents hold a bachelor's degree or higher.

Population

12,196

Median income

$66,300

Median age

48.9

Renters

12.2%

Age distribution

17.9%

15.9%

21.9%

13.5%

30.9%

Under 1817.9%

18–3415.9%

35–5421.9%

55–6413.5%

65+30.9%

Gender

48.4%

51.6%

Male48.4%

Female51.6%

Race & ethnicity

77.5%

White77.5%

Black10.5%

Hispanic3.3%

Other8.6%

Education (25+)

44.3%

31.9%

19.1%

No HS diploma4.8%

HS diploma44.3%

Some college31.9%

Bachelor's+19.1%

Housing tenure

87.8%

12.2%

Owner87.8%

Renter12.2%

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

2021 vs 2026

How ZIP 34731 in Fruitland Park, FL has changed in 5 years

Income

$51,438 → $66,300

up 28.9%

Population

11,546 → 12,196

up 5.6%

Renter share

20.1% → 12.2%

-7.9 pts

Bachelor's+

18.7% → 19.1%

+0.4 pts

Median age

47.4 → 48.9

+1.5 yrs

Household income in the area moved from $51,438 to $66,300 across the same window, up 28.9% versus 2021. Headcount in the area went from 11,546 to 12,196 between 2021 and 2024, a 5.6% change. About 12.2% of households rent today, against 20.1% in 2021.

Community

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Local insights

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About renting in ZIP 34731

Last updated: October 17, 2026

ZIP code 34731 covers Fruitland Park, FL. The median rent here is $1,546/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,520/mo.

At 28% of local median household income ($66,300/yr), ZIP 34731 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34731?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,546/mo in ZIP 34731. The local median household income is $66,300/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 34731?

Rent in ZIP 34731 has fallen 4.2% over the past year.

How does ZIP 34731 compare to other ZIPs in Florida?

ZIP 34731 is one of the more affordable among Florida ZIP codes for rent, ranking #596 of 656 at $1,546/mo. Over the year to September 2026, rent in ZIP 34731 changed -4.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.