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Rental Insights for ZIP Code 33953 (Port Charlotte, FL)

Housing Rentals in ZIP Code 33953 (Port Charlotte, FL)

33953 ZIP Code in Florida

An In-depth Rental Snapshot of ZIP Code 33953

The 33953 ZIP Code is primarily located in Port Charlotte, FL in Charlotte County. The estimated median housing rent in this Florida region is $1,330 per month. About 8.8% of housing units in this Charlotte County ZIP Code are renter-occupied. Additionally, the region has an approximate rental vacancy rate of 17.4%.

The median rent in ZIP Code 33953 of $1,330 per month is 13% higher than the aggregate Florida median monthly rent of $1,175, and is 25% higher than the $1,062 the median monthly rent in the U.S. overall. About 36.9% of renters in ZIP Code 33953 pay between $500 and $999 per month for housing. That is 27% higher than in Florida overall, in which 29.0% of total state residents pay between $500 and $999 per month for housing. Just 31.3% of renters in ZIP Code 33953 pay between $1,000 and $1,499 per month for housing.

ZIP Code 33953 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 33953

See the chart below for a comparison of monthly rental costs in ZIP Code 33953, Florida, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 33953 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 33953

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

Cost ZIP 33953 Florida U.S.
Less than $500 0.0% 5.3% 9.4%
$500 to $999 36.9% 29.0% 36.2%
$1,000 to $1,499 31.3% 39.0% 30.0%
$1,500 to $1,999 31.8% 17.8% 14.0%
$2,000 to $2,499 0.0% 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 33953

Renters in ZIP Code 33953 use an estimated 28.84% 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 33953 renters use about 3% less of their income to cover rent expense. Household income figures for ZIP Code 33953 come in higher than in Florida as a whole. The median annual household income in ZIP Code 33953 of $56,451 sits approximately 1% higher than the overall Florida median income of $55,660 and approximately 10% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 33953

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 33953, 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 33953 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 33953

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

Rent Cost as % of Income ZIP 33953 Florida U.S.
Less than 15.0 percent 7.4% 8.9% 13.1%
15.0 to 19.9 percent 10.6% 10.7% 12.9%
20.0 to 24.9 percent 0.0% 12.4% 12.9%
25.0 to 29.9 percent 39.6% 11.7% 11.6%
30.0 to 34.9 percent 26.7% 9.6% 9.1%
35.0 percent or more 15.7% 46.7% 40.5%

Household Income in ZIP Code 33953

See the table below for the regional comparison of annual household income in ZIP Code 33953.

Income ZIP 33953 Florida U.S.
Less than $10,000 5.1% 6.5% 6.0%
$10,000 to $14,999 1.9% 4.3% 4.3%
$15,000 to $24,999 8.4% 9.9% 8.9%
$25,000 to $34,999 8.1% 10.3% 8.9%
$35,000 to $49,999 16.7% 13.9% 12.3%
$50,000 to $74,999 19.7% 18.3% 17.2%
$75,000 to $99,999 14.4% 12.4% 12.7%
$100,000 to $149,999 12.5% 13.1% 15.1%
$150,000 to $199,999 5.9% 5.3% 6.8%
$200,000 or more 7.4% 6.0% 7.7%

Household Income in ZIP Code 33953

See the chart below for a comparison of annual household income figures in ZIP Code 33953, Florida, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 33953 alongside the same figures for the state of Florida and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 33953

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 33953.

ZIP 33953 Florida U.S.
Median Housing Rent $1,330 $1,175 $1,062
Renter-Occupied Housing Units 8.8% 34.6% 36.0%
Rental Vacancy Rate 17.4% 8.4% 6.0%
Average Size of Renter-Occupied Unit 3.22 2.67 2.49
Average # of Bedrooms Per Unit 2.59 2.63 2.75
Percent of Income Spent on Rent 28.84% 31.74% 29.83%
Per Capita Income $40,104 $31,619 $34,103
Median Household Income $87,958 $80,286 $88,607
Living Below the Poverty Line 5.6% 10.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 33953

In ZIP Code 33953 (Port Charlotte, FL), and estimated 8.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 17.4%.

The per capita income in 33953 is estimated at $40,104, which goes along with an estimated median household income of $87,958. About 5.6% of residents in this Charlotte County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.22 occupants, while the units have an aggregate average size of 2.59 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.84% of their income on housing rental costs.

Rental FAQs for ZIP Code 33953

1

What is the median monthly rent in ZIP Code 33953?

Median rent for housing in ZIP Code 33953 in Charlotte County in Florida is approximately $1,330 per month.
2

Is it expensive to rent in ZIP Code 33953?

Rent in ZIP Code 33953 is higher than average in the state of Florida overall. The median monthly rent of $1,330 in ZIP Code 33953 is approximately 13% higher than the Florida median of $1,175. Additionally, median rent in this Port Charlotte, FL region ($1,330) is about 25% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 33953?

High-priced rentals are not common in the Port Charlotte, FL ZIP Code of 33953, 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 33953?

Affordable rentals are more common in ZIP Code 33953 than in Florida overall. The percentage of housing rentals in ZIP Code 33953 costing $999 or less per month (36.9%) is approximately 8% 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 19% higher than the previously mentioned 33953 rate of 36.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 33953?

The most common range for rental cost in ZIP Code 33953 is between $500 and $999 per month. About 36.9% of renters in 33953 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 33953 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 33953 is higher than the rental vacancy rate in the state of Florida overall. Rental vacancy of 17.4% in ZIP Code 33953 is about 107% higher than the Florida rate of 8.4%. Looking more broadly, rental vacancy in this Port Charlotte, FL region (17.4%) is an estimated 190% 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 33953? How does it compare to other Florida regions?

Median household income in ZIP Code 33953 is higher than in the state of Florida overall. Annual household income of $56,451 in ZIP Code 33953 is about 1% higher than the Florida median of $55,660. Additionally, median household income in this Port Charlotte, FL region ($56,451) is approximately 10% 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 33953 spend on housing costs?

Renters in ZIP Code 33953 spend a lower amount of their income on rent costs than do renters in Florida overall. Renters in ZIP Code 33953 spend an estimated 28.84% 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 33953 estimated rate of 28.84%.
9

Do renters in ZIP Code 33953 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 33953 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 33953 spending 30 percent or more of their income on rent costs (42.4%) is approximately 25% 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 15% higher than the aforementioned 33953 rate of 42.4%.
10

What is the average household size of renter-occupied units in ZIP Code 33953?

The average household size of renter-occupied units in ZIP Code 33953 is higher than in the state of Florida overall. Annual household size of 3.22 in ZIP Code 33953 is about 21% higher than the Florida median of 2.67. Additionally, median household size in this Port Charlotte, FL region (3.22) is approximately 29% higher than median household size of 2.49 in the U.S. as a whole.