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Rental Insights for ZIP Code 33612 (Tampa, FL)

Housing Rentals in ZIP Code 33612 (Tampa, FL)

33612 ZIP Code in Florida

An In-depth Rental Snapshot of ZIP Code 33612

The 33612 ZIP Code is primarily located in Tampa, FL in Hillsborough County. The estimated median housing rent in this Florida region is $931 per month. Approximately 65.6% of housing units in this Hillsborough County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of 7.5%.

The median rent in ZIP Code 33612 of $931 per month is 21% lower than the aggregate Florida median monthly rent of $1,175, and is 12% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 53.1% of renters in ZIP Code 33612 pay between $500 and $999 per month for housing. That is 83% higher than in Florida overall, in which 29.0% of total state residents pay between $500 and $999 per month for housing. Just 0.1% of renters in this Tampa, FL region pay between $2,500 and $2,999 for monthly rent.

ZIP Code 33612 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 33612

See the chart below for a comparison of monthly rental costs in ZIP Code 33612, Florida, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 33612 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 33612

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

Cost ZIP 33612 Florida U.S.
Less than $500 5.5% 5.3% 9.4%
$500 to $999 53.1% 29.0% 36.2%
$1,000 to $1,499 34.2% 39.0% 30.0%
$1,500 to $1,999 5.0% 17.8% 14.0%
$2,000 to $2,499 1.8% 5.5% 5.6%
$2,500 to $2,999 0.1% 1.9% 2.4%
$3,000 or more 0.2% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 33612

Renters in ZIP Code 33612 use an estimated 34.43% of their income to cover their monthly rent payments. That is about 8% higher 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 33612 renters use about 15% more of their income to cover rent expense. Household income figures for ZIP Code 33612 come in lower than in Florida as a whole. The median annual household income in ZIP Code 33612 of $32,200 sits approximately 42% lower than the overall Florida median income of $55,660 and approximately 49% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 33612

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 33612, 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 33612 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 33612

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

Rent Cost as % of Income ZIP 33612 Florida U.S.
Less than 15.0 percent 5.8% 8.9% 13.1%
15.0 to 19.9 percent 8.9% 10.7% 12.9%
20.0 to 24.9 percent 8.5% 12.4% 12.9%
25.0 to 29.9 percent 8.6% 11.7% 11.6%
30.0 to 34.9 percent 9.7% 9.6% 9.1%
35.0 percent or more 58.5% 46.7% 40.5%

Household Income in ZIP Code 33612

See the table below for the regional comparison of annual household income in ZIP Code 33612.

Income ZIP 33612 Florida U.S.
Less than $10,000 14.9% 6.5% 6.0%
$10,000 to $14,999 8.6% 4.3% 4.3%
$15,000 to $24,999 16.1% 9.9% 8.9%
$25,000 to $34,999 13.9% 10.3% 8.9%
$35,000 to $49,999 15.0% 13.9% 12.3%
$50,000 to $74,999 16.1% 18.3% 17.2%
$75,000 to $99,999 7.1% 12.4% 12.7%
$100,000 to $149,999 4.7% 13.1% 15.1%
$150,000 to $199,999 2.0% 5.3% 6.8%
$200,000 or more 1.7% 6.0% 7.7%

Household Income in ZIP Code 33612

See the chart below for a comparison of annual household income figures in ZIP Code 33612, Florida, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 33612 alongside the same figures for the state of Florida and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 33612

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 33612.

ZIP 33612 Florida U.S.
Median Housing Rent $931 $1,175 $1,062
Renter-Occupied Housing Units 65.6% 34.6% 36.0%
Rental Vacancy Rate 7.5% 8.4% 6.0%
Average Size of Renter-Occupied Unit 2.75 2.67 2.49
Average # of Bedrooms Per Unit 2.23 2.63 2.75
Percent of Income Spent on Rent 34.43% 31.74% 29.83%
Per Capita Income $18,536 $31,619 $34,103
Median Household Income $46,496 $80,286 $88,607
Living Below the Poverty Line 24.0% 10.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 33612

In ZIP Code 33612 (Tampa, FL), and estimated 65.6% of housing units are occupied by renters. This region has an approximate rental vacany rate of 7.5%.

The per capita income in 33612 is estimated at $18,536, which goes along with an estimated median household income of $46,496. About 24.0% of residents in this Hillsborough County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.75 occupants, while the units have an aggregate average size of 2.23 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 34.43% of their income on housing rental costs.

Rental FAQs for ZIP Code 33612

1

What is the median monthly rent in ZIP Code 33612?

Median rent for housing in ZIP Code 33612 in Hillsborough County in Florida is approximately $931 per month.
2

Is it expensive to rent in ZIP Code 33612?

Rent in ZIP Code 33612 is lower than average in the state of Florida overall. The median monthly rent of $931 in ZIP Code 33612 is approximately 21% lower than the Florida median of $1,175. Additionally, median rent in this Tampa, FL region ($931) is about 12% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 33612?

High-priced rentals are less common in ZIP Code 33612 than in Florida overall. The percentage of rentals in ZIP Code 33612 that cost $3,000 or more per month (0.2%) is about 87% lower than the Florida rate of 1.5% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 92% higher than the aforementioned 33612 rate of 0.2%.
4

Are affordable rentals common in ZIP Code 33612?

Affordable rentals are more common in ZIP Code 33612 than in Florida overall. The percentage of housing rentals in ZIP Code 33612 costing $999 or less per month (58.6%) is approximately 71% higher 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 29% lower than the previously mentioned 33612 rate of 58.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 33612?

The most common range for rental cost in ZIP Code 33612 is between $500 and $999 per month. About 53.1% of renters in 33612 pay in this range for monthly rent. In comparison, approximately 29.0% of renters in the state of Florida fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 33612 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 33612 is lower than the rental vacancy rate in the state of Florida overall. Rental vacancy of 7.5% in ZIP Code 33612 is about 11% lower than the Florida rate of 8.4%. Looking more broadly, rental vacancy in this Tampa, FL region (7.5%) is an estimated 25% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 33612? How does it compare to other Florida regions?

Median household income in ZIP Code 33612 is lower than in the state of Florida overall. Annual household income of $32,200 in ZIP Code 33612 is about 42% lower than the Florida median of $55,660. Additionally, median household income in this Tampa, FL region ($32,200) is approximately 49% 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 33612 spend on housing costs?

Renters in ZIP Code 33612 spend a higher amount of their income on rent costs than do renters in Florida overall. Renters in ZIP Code 33612 spend an estimated 34.43% of their income on rent payments, which is about 8% higher 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 15% lower than the ZIP Code 33612 estimated rate of 34.43%.
9

Do renters in ZIP Code 33612 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 33612 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 33612 spending 30 percent or more of their income on rent costs (68.2%) is approximately 21% higher 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 38% lower than the aforementioned 33612 rate of 68.2%.
10

What is the average household size of renter-occupied units in ZIP Code 33612?

The average household size of renter-occupied units in ZIP Code 33612 is higher than in the state of Florida overall. Annual household size of 2.75 in ZIP Code 33612 is about 3% higher than the Florida median of 2.67. Additionally, median household size in this Tampa, FL region (2.75) is approximately 10% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Florida ZIP Codes