How much is a home worth in ZIP code 33605?

The typical home in 33605 is worth $261,423, based on the Zillow Home Value Index.

Are home values rising in 33605?

Home values in 33605 are down 5.1% over the past year, and up 4.9% a year over five years.

What is the typical rent in 33605?

A typical home in 33605 rents for about $1,922 a month, a gross rental yield of 8.8%.

What is the property tax rate in 33605?

The effective property tax rate in 33605 is 0.6% — roughly $1,689 a year on a typical home.

ZIP code 33605 has a population of 16,030 and a median household income of $36,975.

HousingHandbookReference data

…

U.S. ZIP Code · FL33605

Hillsborough County · Tampa-St. Petersburg-Clearwater, FL

Typical home value

$261,423^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -5.1%
5-year / yr: +4.9%
10-year / yr: +13.2%

Relative price

vs U.S.: -8.0%
vs metro: -28.1%
vs state: -24.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33605 is worth $261,423 — 28.1% below the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 5.1%. Homes here rent for a typical $1,922 a month — a 8.8% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,922^[2]
Gross yield: 8.8%^[2]
Cap rate: 5.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,689^[3]

#Climate risk

FEMA National Risk Index ratings for Hillsborough County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively High
Wildfire: Relatively Moderate
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Very High
Tornado: Very High
Earthquake: Relatively Low
Winter weather: No Rating

#Who lives here

Population: 16,030^[3]
Median household income: $36,975^[3]

#Migration

Household moves in and out of Hillsborough County over a year, from IRS tax-return data.

Net migration: +376^[5]
Moved in: 49,562
Moved out: 49,186

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 4
Middle: 2
High: 2

ORANGE GROVE MIDDLE MAGNET SCHOOL
Middle · Grades 6–8 · HILLSBOROUGH
492 students
FRANKLIN MIDDLE MAGNET SCHOOL
Middle · Grades 6–8 · HILLSBOROUGH
344 students
OAK PARK ELEMENTARY SCHOOL
Elementary · Grades PK–5 · HILLSBOROUGH
335 students
WASHINGTON ELEMENTARY SCHOOL
Elementary · Grades PK–5 · HILLSBOROUGH
335 students
SHORE ELEMENTARY MAGNET SCHOOL
Elementary · Grades PK–5 · HILLSBOROUGH
326 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.8%

Net yield (after ~40% expenses)5.3%

Annual rent$23,060

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,322

Loan principal$209,139

Down payment$52,285

Total interest paid$266,745

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.87

Monthly cost to own$1,681

Monthly rent$1,922

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 37th percentile^[1]
Rental yield: 92nd percentile^[2]
Property tax: 14th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for best 10-year appreciation in FLView list →

Frequently asked

How much is a home worth in ZIP code 33605?: The typical home in 33605 is worth $261,423, based on the Zillow Home Value Index.
Are home values rising in 33605?: Home values in 33605 are down 5.1% over the past year, and up 4.9% a year over five years.
What is the typical rent in 33605?: A typical home in 33605 rents for about $1,922 a month, a gross rental yield of 8.8%.
What is the property tax rate in 33605?: The effective property tax rate in 33605 is 0.6% — roughly $1,689 a year on a typical home.
Who lives in 33605?: ZIP code 33605 has a population of 16,030 and a median household income of $36,975.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

33523 vs 33605 →
Ridge Manor CDP, FL
Typical home
$263,214
Gross yield
8.2%
33771 vs 33605 →
Largo, FL
Typical home
$256,814
Gross yield
7.9%
33709
West Lealman CDP, FL
Typical home
$266,991
Gross yield
8.9%
33714
Lealman CDP, FL
Typical home
$271,549
Gross yield
7.7%
33760
Largo, FL
Typical home
$250,559
Gross yield
7.2%
34653
New Port Richey East CDP, FL
Typical home
$249,970
Gross yield
7.8%

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Pit ZIP 33605 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33605

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