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ZIP Code · FL

ZIP 34788

Part of Leesburg, FL
Pop. 22,137·Lake County·385th most expensive ZIP in Florida
Median rent (all units)
$2,001/mo
Year-over-Year
Stable
Month-over-Month
-0.8%
vs US Median
+$36
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 34788 · $2,001
More expensive than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,430
1 BR
$1,500
2 BR
$1,710
3 BR
$2,150
4 BR+
$2,540
Research median
$1,710/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
$24,012/yr
At $2,001/mo median
Location
StateFL
CountyLake 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 (+0.0% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 34788 (Leesburg, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 18% of residents hold a bachelor's degree or higher.

Population
22,137
Median income
$54,147
Median age
56.4
Renters
16.2%
Age distribution
16.5%
13.3%
17.5%
17.1%
35.6%
Under 1816.5%
18–3413.3%
35–5417.5%
55–6417.1%
65+35.6%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
81.8%
White81.8%
Black4.5%
Hispanic9.4%
Asian1.8%
Other2.5%
Education (25+)
39.6%
34%
18%
No HS diploma8.4%
HS diploma39.6%
Some college34%
Bachelor's+18%
Housing tenure
83.8%
16.2%
Owner83.8%
Renter16.2%

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

2021 vs 2026

How ZIP 34788 in Leesburg, FL has changed in 5 years

Income
$48,708 → $54,147
up 11.2%
Population
20,689 → 22,137
up 7.0%
Renter share
17.8% → 16.2%
-1.6 pts
Bachelor's+
19.3% → 18%
-1.3 pts
Median age
57.1 → 56.4
-0.7 yrs

Household income in the area moved from $48,708 to $54,147 across the same window, up 11.2% versus 2021. Headcount in the area went from 20,689 to 22,137 between 2021 and 2024, a 7.0% change. About 16.2% of households rent today, against 17.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 34788

About renting in ZIP 34788

Last updated: July 20, 2026

ZIP code 34788 covers Leesburg, FL. The median rent here is $2,001/mo as of July 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,710/mo.

At 44% of local median household income ($54,147/yr), ZIP 34788 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 34788?

As of July 20, 2026, the median monthly rent in ZIP 34788 (Leesburg, FL) is $2,001. This is based on aggregated data from public sources and community submissions.

How does ZIP 34788 rent compare to the US average?

ZIP 34788's median rent of $2,001/mo is $36 (2%) above the US national median of $1,965/mo.

How does ZIP 34788 compare to other ZIPs in Florida?

ZIP 34788 falls in the middle range for Florida, ranking #385 out of 662 ZIPs at $2,001/mo.

How much income do you need to rent in ZIP 34788?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $2,001/mo in ZIP 34788. The local median household income is $54,147/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 34788?

Rent in ZIP 34788 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 34788 an affordable place to rent?

ZIP 34788 is considered stretched for renters. At $2,001/mo, rent takes approximately 44% of the local median household income ($54,147/yr). The standard benchmark is 30%. ZIP 34788 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 34788 residents rent vs. own?

According to Census data, approximately 16.2% of ZIP 34788 households are renters, while 83.8% are owner-occupied. ZIP 34788 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 34788 compare to the rest of Leesburg?

ZIP 34788 is pricier than Leesburg as a whole. At $2,001/mo, it's $370 above the Leesburg citywide median of $1,631/mo.

When was rent data for ZIP 34788 last updated?

Rent data for ZIP 34788 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
44%
STRETCHED

At $2,001/mo, rent takes ~44% of ZIP 34788's median household income ($54,147/yr). The standard benchmark is 30%.

ZIP 34788 44%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 34788 (Leesburg, FL)

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