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Rental Insights for ZIP Code 33634 (Tampa, FL)

Housing Rentals in ZIP Code 33634 (Tampa, FL)

33634 ZIP Code in Florida

An In-depth Rental Snapshot of ZIP Code 33634

The 33634 ZIP Code is primarily located in Tampa, FL in Hillsborough County. The estimated median housing rent in this Florida region is $1,313 per month. Approximately 42.9% of housing units in this Hillsborough County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of 3.6%.

The median rent in ZIP Code 33634 of $1,313 per month is 12% higher than the aggregate Florida median monthly rent of $1,175, and is 24% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 61.3% of renters in ZIP Code 33634 pay between $1,000 and $1,499 per month for housing. That is 57% higher than in Florida overall, in which 39.0% of total state residents pay between $1,000 and $1,499 per month for housing. Just 2.2% of renters in this Tampa, FL region pay between $2,000 and $2,499 for monthly rent.

ZIP Code 33634 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 33634

See the chart below for a comparison of monthly rental costs in ZIP Code 33634, Florida, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 33634 along with those in the state of Florida and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 33634

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 33634 Florida U.S.
Less than $500 0.0% 5.3% 9.4%
$500 to $999 14.0% 29.0% 36.2%
$1,000 to $1,499 61.3% 39.0% 30.0%
$1,500 to $1,999 22.5% 17.8% 14.0%
$2,000 to $2,499 2.2% 5.5% 5.6%
$2,500 to $2,999 0.0% 1.9% 2.4%
$3,000 or more 0.0% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 33634

Renters in ZIP Code 33634 use an estimated 29.03% of their income to cover their monthly rent payments. That is about 9% lower than in Florida overall. The estimate for Florida overall is 31.74% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 33634 renters use about 3% less of their income to cover rent expense. Household income figures for ZIP Code 33634 come in higher than in Florida as a whole. The median annual household income in ZIP Code 33634 of $57,423 sits approximately 3% higher than the overall Florida median income of $55,660 and approximately 9% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 33634

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 33634, Florida, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 33634 along with the same calculations in the state of Florida and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 33634

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 33634 Florida U.S.
Less than 15.0 percent 9.5% 8.9% 13.1%
15.0 to 19.9 percent 13.8% 10.7% 12.9%
20.0 to 24.9 percent 15.4% 12.4% 12.9%
25.0 to 29.9 percent 16.2% 11.7% 11.6%
30.0 to 34.9 percent 14.2% 9.6% 9.1%
35.0 percent or more 30.9% 46.7% 40.5%

Household Income in ZIP Code 33634

See the table below for the regional comparison of annual household income in ZIP Code 33634.

Income ZIP 33634 Florida U.S.
Less than $10,000 5.8% 6.5% 6.0%
$10,000 to $14,999 2.2% 4.3% 4.3%
$15,000 to $24,999 9.7% 9.9% 8.9%
$25,000 to $34,999 7.1% 10.3% 8.9%
$35,000 to $49,999 17.4% 13.9% 12.3%
$50,000 to $74,999 21.9% 18.3% 17.2%
$75,000 to $99,999 17.6% 12.4% 12.7%
$100,000 to $149,999 11.4% 13.1% 15.1%
$150,000 to $199,999 2.9% 5.3% 6.8%
$200,000 or more 4.2% 6.0% 7.7%

Household Income in ZIP Code 33634

See the chart below for a comparison of annual household income figures in ZIP Code 33634, Florida, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 33634 alongside the same figures for the state of Florida and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 33634

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 33634.

ZIP 33634 Florida U.S.
Median Housing Rent $1,313 $1,175 $1,062
Renter-Occupied Housing Units 42.9% 34.6% 36.0%
Rental Vacancy Rate 3.6% 8.4% 6.0%
Average Size of Renter-Occupied Unit 3.27 2.67 2.49
Average # of Bedrooms Per Unit 2.67 2.63 2.75
Percent of Income Spent on Rent 29.03% 31.74% 29.83%
Per Capita Income $26,417 $31,619 $34,103
Median Household Income $75,392 $80,286 $88,607
Living Below the Poverty Line 11.7% 10.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 33634

In ZIP Code 33634 (Tampa, FL), and estimated 42.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.6%.

The per capita income in 33634 is estimated at $26,417, which goes along with an estimated median household income of $75,392. About 11.7% of residents in this Hillsborough County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.27 occupants, while the units have an aggregate average size of 2.67 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.03% of their income on housing rental costs.

Rental FAQs for ZIP Code 33634

1

What is the median monthly rent in ZIP Code 33634?

Median rent for housing in ZIP Code 33634 in Hillsborough County in Florida is approximately $1,313 per month.
2

Is it expensive to rent in ZIP Code 33634?

Rent in ZIP Code 33634 is higher than average in the state of Florida overall. The median monthly rent of $1,313 in ZIP Code 33634 is approximately 12% higher than the Florida median of $1,175. Additionally, median rent in this Tampa, FL region ($1,313) is about 24% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 33634?

High-priced rentals are not common in the Tampa, FL ZIP Code of 33634, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Florida overall, approximately 1.5% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 33634?

Affordable rentals are less common in ZIP Code 33634 than in Florida overall. The percentage of housing rentals in ZIP Code 33634 costing $999 or less per month (14%) is approximately 59% lower than the Florida rate of 34.3% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 69% higher than the previously mentioned 33634 rate of 14%.
5

What is the most common cost range that rentals fall into in ZIP Code 33634?

The most common range for rental cost in ZIP Code 33634 is between $1,000 and $1,499 per month. About 61.3% of renters in 33634 pay in this range for monthly rent. In comparison, approximately 39.0% of renters in the state of Florida fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 33634 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 33634 is lower than the rental vacancy rate in the state of Florida overall. Rental vacancy of 3.6% in ZIP Code 33634 is about 57% lower than the Florida rate of 8.4%. Looking more broadly, rental vacancy in this Tampa, FL region (3.6%) is an estimated 40% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 33634? How does it compare to other Florida regions?

Median household income in ZIP Code 33634 is higher than in the state of Florida overall. Annual household income of $57,423 in ZIP Code 33634 is about 3% higher than the Florida median of $55,660. Additionally, median household income in this Tampa, FL region ($57,423) is approximately 9% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 33634 spend on housing costs?

Renters in ZIP Code 33634 spend a lower amount of their income on rent costs than do renters in Florida overall. Renters in ZIP Code 33634 spend an estimated 29.03% of their income on rent payments, which is about 9% lower than the overall Florida estimated rate of 31.74%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 3% higher than the ZIP Code 33634 estimated rate of 29.03%.
9

Do renters in ZIP Code 33634 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 33634 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 33634 spending 30 percent or more of their income on rent costs (45.1%) is approximately 20% lower than the Florida rate of 56.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 9% higher than the aforementioned 33634 rate of 45.1%.
10

What is the average household size of renter-occupied units in ZIP Code 33634?

The average household size of renter-occupied units in ZIP Code 33634 is higher than in the state of Florida overall. Annual household size of 3.27 in ZIP Code 33634 is about 22% higher than the Florida median of 2.67. Additionally, median household size in this Tampa, FL region (3.27) is approximately 31% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Florida ZIP Codes