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Rental Insights for ZIP Code 34747 (Kissimmee, FL)

Housing Rentals in ZIP Code 34747 (Kissimmee, FL)

34747 ZIP Code in Florida

An In-depth Rental Snapshot of ZIP Code 34747

The 34747 ZIP Code is primarily located in Kissimmee, FL in Osceola County. This Florida region has an estimated median housing rent of $1,505 per month. Approximately 53.8% of housing units in this Osceola County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 8.5%.

The median rent in ZIP Code 34747 of $1,505 per month is 28% higher than the aggregate Florida median monthly rent of $1,175, and is 42% higher than the $1,062 the median monthly rent in the U.S. overall. About 44.5% of residents in ZIP Code 34747 pay between $1,000 and $1,499 per month for rent. That is 14% higher than in Florida overall, in which 39.0% of total state residents pay between $1,000 and $1,499 per month for housing. Only 1.3% of renters in this Kissimmee, FL region pay $3,000 or more per month for rent.

ZIP Code 34747 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 34747

See the chart below for a comparison of monthly rental costs in ZIP Code 34747, Florida, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 34747 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 34747

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

Cost ZIP 34747 Florida U.S.
Less than $500 0.0% 5.3% 9.4%
$500 to $999 5.1% 29.0% 36.2%
$1,000 to $1,499 44.5% 39.0% 30.0%
$1,500 to $1,999 37.4% 17.8% 14.0%
$2,000 to $2,499 7.6% 5.5% 5.6%
$2,500 to $2,999 4.1% 1.9% 2.4%
$3,000 or more 1.3% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 34747

Renters in ZIP Code 34747 use an estimated 31.01% of their income to cover their monthly rent payments. That is about 2% 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 34747 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 34747 come in higher than in Florida as a whole. The median annual household income in ZIP Code 34747 of $66,747 sits approximately 20% higher than the overall Florida median income of $55,660 and approximately 6% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 34747

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 34747, 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 34747 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 34747

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

Rent Cost as % of Income ZIP 34747 Florida U.S.
Less than 15.0 percent 8.2% 8.9% 13.1%
15.0 to 19.9 percent 13.0% 10.7% 12.9%
20.0 to 24.9 percent 15.4% 12.4% 12.9%
25.0 to 29.9 percent 10.3% 11.7% 11.6%
30.0 to 34.9 percent 9.1% 9.6% 9.1%
35.0 percent or more 43.9% 46.7% 40.5%

Household Income in ZIP Code 34747

See the table below for the regional comparison of annual household income in ZIP Code 34747.

Income ZIP 34747 Florida U.S.
Less than $10,000 4.1% 6.5% 6.0%
$10,000 to $14,999 2.0% 4.3% 4.3%
$15,000 to $24,999 6.7% 9.9% 8.9%
$25,000 to $34,999 7.8% 10.3% 8.9%
$35,000 to $49,999 12.6% 13.9% 12.3%
$50,000 to $74,999 21.8% 18.3% 17.2%
$75,000 to $99,999 17.2% 12.4% 12.7%
$100,000 to $149,999 13.9% 13.1% 15.1%
$150,000 to $199,999 4.9% 5.3% 6.8%
$200,000 or more 9.1% 6.0% 7.7%

Household Income in ZIP Code 34747

See the chart below for a comparison of annual household income figures in ZIP Code 34747, Florida, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 34747 alongside the same figures for the state of Florida and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 34747

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 34747.

ZIP 34747 Florida U.S.
Median Housing Rent $1,505 $1,175 $1,062
Renter-Occupied Housing Units 53.8% 34.6% 36.0%
Rental Vacancy Rate 8.5% 8.4% 6.0%
Average Size of Renter-Occupied Unit 2.68 2.67 2.49
Average # of Bedrooms Per Unit 2.71 2.63 2.75
Percent of Income Spent on Rent 31.01% 31.74% 29.83%
Per Capita Income $39,617 $31,619 $34,103
Median Household Income $100,384 $80,286 $88,607
Living Below the Poverty Line 6.3% 10.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 34747

In ZIP Code 34747 (Kissimmee, FL), and estimated 53.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 8.5%.

The per capita income in 34747 is estimated at $39,617, which goes along with an estimated median household income of $100,384. About 6.3% of residents in this Osceola County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.68 occupants, while the units have an aggregate average size of 2.71 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 31.01% of their income on housing rental costs.

Rental FAQs for ZIP Code 34747

1

What is the median monthly rent in ZIP Code 34747?

Median rent for housing in ZIP Code 34747 in Osceola County in Florida is approximately $1,505 per month.
2

Is it expensive to rent in ZIP Code 34747?

Rent in ZIP Code 34747 is higher than average in the state of Florida overall. The median monthly rent of $1,505 in ZIP Code 34747 is approximately 28% higher than the Florida median of $1,175. Additionally, median rent in this Kissimmee, FL region ($1,505) is about 42% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 34747?

High-priced rentals are less common in ZIP Code 34747 than in Florida overall. The percentage of rentals in ZIP Code 34747 that cost $3,000 or more per month (1.3%) is about 13% 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 46% higher than the aforementioned 34747 rate of 1.3%.
4

Are affordable rentals common in ZIP Code 34747?

Affordable rentals are less common in ZIP Code 34747 than in Florida overall. The percentage of housing rentals in ZIP Code 34747 costing $999 or less per month (5.1%) is approximately 85% 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 89% higher than the previously mentioned 34747 rate of 5.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 34747?

The most common range for rental cost in ZIP Code 34747 is between $1,000 and $1,499 per month. About 44.5% of renters in 34747 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 34747 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 34747 is higher than the rental vacancy rate in the state of Florida overall. Rental vacancy of 8.5% in ZIP Code 34747 is about 1% higher than the Florida rate of 8.4%. Looking more broadly, rental vacancy in this Kissimmee, FL region (8.5%) is an estimated 42% 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 34747? How does it compare to other Florida regions?

Median household income in ZIP Code 34747 is higher than in the state of Florida overall. Annual household income of $66,747 in ZIP Code 34747 is about 20% higher than the Florida median of $55,660. Additionally, median household income in this Kissimmee, FL region ($66,747) is approximately 6% higher 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 34747 spend on housing costs?

Renters in ZIP Code 34747 spend a lower amount of their income on rent costs than do renters in Florida overall. Renters in ZIP Code 34747 spend an estimated 31.01% of their income on rent payments, which is about 2% 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 4% lower than the ZIP Code 34747 estimated rate of 31.01%.
9

Do renters in ZIP Code 34747 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 34747 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 34747 spending 30 percent or more of their income on rent costs (53%) is approximately 6% 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 7% lower than the aforementioned 34747 rate of 53%.
10

What is the average household size of renter-occupied units in ZIP Code 34747?

The average household size of renter-occupied units in ZIP Code 34747 is higher than in the state of Florida overall. Annual household size of 2.68 in ZIP Code 34747 is about 0% higher than the Florida median of 2.67. Additionally, median household size in this Kissimmee, FL region (2.68) is approximately 8% higher than median household size of 2.49 in the U.S. as a whole.