ZIP Code · FL

ZIP 34736

Part of Groveland, FL

Pop. 28,001·Lake County·200th most expensive ZIP in Florida

Median rent (all units)

$2,355/mo

Year-over-Year

+3.9%

Month-over-Month

-0.3%

vs US Median

+$423

Reported rents

Stable (Monthly)

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ZIP 34736 · $2,355

More expensive than 76% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,670

1 BR

$1,760

2 BR

$2,000

3 BR

$2,510

4 BR+

$2,970

Research median

$2,000/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 34736 is 0.3% below its high of $2,361 in August 2026, at $2,355 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 34736 changed +3.9% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($90,545) is $2,264 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,000); a 3-bedroom is $2,510.

Cheaper nearby

ZIP 34711, 9 miles away, rents for 16% less ($1,984/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 34736. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,260/yr

At $2,355/mo median

Location

CityGroveland

StateFL

CountyLake County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.9% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 34736 (Groveland, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 34.9% of residents hold a bachelor's degree or higher.

Population

28,001

Median income

$90,545

Median age

Renters

11.3%

Age distribution

21.7%

20%

28.1%

20.2%

Under 1821.7%

18–3420%

35–5428.1%

55–6410.1%

65+20.2%

Gender

47.1%

52.9%

Male47.1%

Female52.9%

Race & ethnicity

58.9%

14.2%

24.8%

White58.9%

Black14.2%

Hispanic24.8%

Asian3.9%

Education (25+)

24.6%

29.5%

34.9%

No HS diploma11%

HS diploma24.6%

Some college29.5%

Bachelor's+34.9%

Housing tenure

88.7%

Owner88.7%

Renter11.3%

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

2023 vs 2026

How ZIP 34736 in Groveland, FL has changed in 5 years

Rent

$2,159 → $2,355

up 9.1%

Income

$71,250 → $90,545

up 27.1%

Population

23,734 → 28,001

up 18.0%

Renter share

15.2% → 11.3%

-3.9 pts

Bachelor's+

29.5% → 34.9%

+5.4 pts

Median age

43.8 → 42

-1.8 yrs

Across the past five years, the going rent in ZIP 34736 in Groveland, FL has shifted from $2,159 to $2,355, up 9.1% since 2023. Local incomes tracked alongside that move, going from a median of $71,250 in 2021 to $90,545 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 34736 in Groveland, FL adding about 4,267 residents over the five-year window, up 18.0% on net. The renter share has eased from 15.2% to 11.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 29.5% to 34.9% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 34736 in Groveland, FL market of 2023.

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About renting in ZIP 34736

Last updated: October 17, 2026

ZIP code 34736 covers Groveland, FL. The median rent here is $2,355/mo as of October 2026. A 1-bedroom rents for a median of $1,760/mo. A 2-bedroom rents for a median of $2,000/mo.

At 31% of local median household income ($90,545/yr), ZIP 34736 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34736?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (about $45/hour full-time) to afford the median rent of $2,355/mo in ZIP 34736. The local median household income is $90,545/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34736?

Rent in ZIP 34736 has risen 3.9% over the past year as of September 2026. It sits 0.3% below its high of $2,361 in August 2026.

How does ZIP 34736 compare to other ZIPs in Florida?

ZIP 34736 is one of the pricier among Florida ZIP codes for rent, ranking #200 of 656 at $2,355/mo. Over the year to September 2026, rent in ZIP 34736 changed +3.9%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.