Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Hillsborough County, Florida?
County · Census ACS 5-Year estimates
The median gross rent in Hillsborough County, Florida is $1,667/month (±$14), based on Census ACS 5-Year estimates (2024). The median home value is $371,500 (±$2,764), and the median household income is $79,540/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Hillsborough County, Florida and Neighbouring Counties
Housing Metrics for Hillsborough County, Florida
| Metric | Value |
|---|---|
| Median Gross Rent | $1,667 |
| Median Home Value | $371,500 |
| Median Household Income | $79,540 |
| Total Housing Units | 583,192 |
| Renter-Occupied Units | 224,630 |
| Renter-Occupied Share | 39% |
| Households Paying 50%+ Income | 62,438 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,424 | +0.0% |
| 1 BR | $1,408 | +0.0% |
| 2 BR | $1,671 | +0.0% |
| 3 BR | $1,895 | +0.0% |
| 4 BR | $2,257 | +0.0% |
| 5+ BR | $2,604 | +0.0% |
How does Hillsborough County, Florida compare?
Median gross rent ranked against all counties in Florida.
Higher rent than 79% of counties in Florida · 15th of 67
| # | County | Value |
|---|---|---|
| 1 | Monroe County | $1,999 |
| 2 | St. Johns County | $1,922 |
| 3 | Palm Beach County | $1,916 |
| … 11 more … | ||
| 15 | Hillsborough County(you are here) | $1,667 |
| … 49 more … | ||
| 65 | Calhoun County | $779 |
| 66 | Hamilton County | $724 |
| 67 | Dixie County | $695 |
More data for Hillsborough County, Florida
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Frequently asked questions
What is the average rent in Hillsborough County, Florida?
The median gross rent in Hillsborough County, Florida is $1,667/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Hillsborough County, Florida?
The median rent for a 2-bedroom in Hillsborough County, Florida is $1,671/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$19. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Hillsborough County, Florida?
The median home value in Hillsborough County, Florida is $371,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Hillsborough County are rent-burdened?
In Hillsborough County, Florida, 62,438 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Hillsborough County, Florida?
The median household income in Hillsborough County, Florida is $79,540/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,667 has a margin of error of ±$14. In very small areas, MOEs can be large relative to the estimate.
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