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ZIP Code · FL

ZIP 34748

Part of Leesburg, FL
Pop. 48,095·Lake County·618th most expensive ZIP in Florida
Median rent (all units)
$1,539/mo
Year-over-Year
+3.4%
Month-over-Month
-3.8%
vs US Median
-$426
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 34748 · $1,539
More affordable than 71% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$18,468/yr
At $1,539/mo median
Location
StateFL
CountyLake County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 3.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+3.4% YoY, -3.8% MoM), not inventory.
Demographics

Who lives here

ZIP 34748 (Leesburg, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 23.7% of residents hold a bachelor's degree or higher.

Population
48,095
Median income
$58,192
Median age
59.8
Renters
24.9%
Age distribution
15.1%
19%
12.7%
41.5%
Under 1815.1%
18–3411.7%
35–5419%
55–6412.7%
65+41.5%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
64.2%
18.9%
15.2%
White64.2%
Black18.9%
Hispanic15.2%
Asian0.7%
Other1%
Education (25+)
31.8%
35%
23.7%
No HS diploma9.5%
HS diploma31.8%
Some college35%
Bachelor's+23.7%
Housing tenure
75.1%
24.9%
Owner75.1%
Renter24.9%

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

2021 vs 2026

How ZIP 34748 in Leesburg, FL has changed in 5 years

Rent
$1,139 → $1,539
up 35.1%
Income
$46,806 → $58,192
up 24.3%
Population
42,457 → 48,095
up 13.3%
Renter share
27.7% → 24.9%
-2.8 pts
Bachelor's+
20.5% → 23.7%
+3.2 pts
Median age
58.8 → 59.8
+1.0 yrs

The median rent in ZIP 34748 in Leesburg, FL stood at $1,139 in 2021 and currently runs about $1,539, reflecting a 35.1% increase over the period. Census figures show median household income at $58,192 today, compared with $46,806 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 13.3% since 2021, moving from about 42,457 residents to roughly 48,095. Renters now make up 24.9% of households, compared with 27.7% five years ago. College-educated residents now make up 23.7% of adults here, versus 20.5% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 34748

Last updated: July 20, 2026

ZIP code 34748 covers Leesburg, FL. The median rent here is $1,539/mo as of July 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,520/mo.

At 32% of local median household income ($58,192/yr), ZIP 34748 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 34748?

As of July 20, 2026, the median monthly rent in ZIP 34748 (Leesburg, FL) is $1,539. This is based on aggregated data from public sources and community submissions.

How does ZIP 34748 rent compare to the US average?

ZIP 34748's median rent of $1,539/mo is $426 (22%) below the US national median of $1,965/mo.

How does ZIP 34748 compare to other ZIPs in Florida?

ZIP 34748 is among the more affordable ZIP codes in Florida, ranking #618 out of 662 ZIPs at $1,539/mo.

How much income do you need to rent in ZIP 34748?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,539/mo in ZIP 34748. The local median household income is $58,192/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 34748?

Rent in ZIP 34748 has increased 3.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 34748 an affordable place to rent?

ZIP 34748 is considered moderate for renters. At $1,539/mo, rent takes approximately 32% of the local median household income ($58,192/yr). The standard benchmark is 30%. ZIP 34748 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 34748 residents rent vs. own?

According to Census data, approximately 24.9% of ZIP 34748 households are renters, while 75.1% are owner-occupied. ZIP 34748 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 34748 compare to the rest of Leesburg?

ZIP 34748 is more affordable than Leesburg overall. At $1,539/mo, it's $92 below the Leesburg citywide median of $1,631/mo.

When was rent data for ZIP 34748 last updated?

Rent data for ZIP 34748 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,539/mo, rent takes ~32% of ZIP 34748's median household income ($58,192/yr). The standard benchmark is 30%.

ZIP 34748 32%Benchmark 30%
State income taxNone
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