How much is a home worth in ZIP code 33803?

The typical home in 33803 is worth $289,989, based on the Zillow Home Value Index.

Are home values rising in 33803?

Home values in 33803 are down 3.5% over the past year, and up 4.8% a year over five years.

What is the typical rent in 33803?

A typical home in 33803 rents for about $1,554 a month, a gross rental yield of 6.4%.

What is the property tax rate in 33803?

The effective property tax rate in 33803 is 0.7% — roughly $2,171 a year on a typical home.

ZIP code 33803 has a population of 29,321 and a median household income of $65,807.

HousingHandbookReference data

…

U.S. ZIP Code · FL33803

Polk County · Lakeland-Winter Haven, FL

Typical home value

$289,989^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.5%
5-year / yr: +4.8%
10-year / yr: +7.5%

Relative price

vs U.S.: +2.1%
vs metro: ≈ metro median
vs state: -16.4%

Price history

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

The typical home in 33803 is worth $289,989. Over the past year, values have fallen 3.5%. Homes here rent for a typical $1,554 a month — a 6.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $1,554^[2]
Gross yield: 6.4%^[2]
Cap rate: 3.9%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,171^[3]

#Climate risk

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

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Very High
Tornado: Relatively High
Earthquake: Very Low
Winter weather: No Rating

#Who lives here

Population: 29,321^[3]
Median household income: $65,807^[3]

#Migration

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

Net migration: +9,194^[5]
Moved in: 31,294
Moved out: 22,100

Schools

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

Public schools: 11
Elementary: 6
Middle: 1
High: 4

SOUTH MCKEEL ACADEMY
Elementary · Grades PK–6 · POLK
1,199 students
SOUTHWEST MIDDLE SCHOOL
Middle · Grades 6–8 · POLK
745 students
CARLTON PALMORE ELEMENTARY SCHOOL
Elementary · Grades PK–5 · POLK
413 students
CLEVELAND COURT ELEMENTARY SCHOOL
Elementary · Grades K–5 · POLK
398 students
SOUTHWEST ELEMENTARY SCHOOL
Elementary · Grades PK–5 · POLK
380 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 yield6.4%

Net yield (after ~40% expenses)3.9%

Annual rent$18,643

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$1,466

Loan principal$231,991

Down payment$57,998

Total interest paid$295,892

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 ratio1.22

Monthly cost to own$1,889

Monthly rent$1,554

Renting 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: 25th percentile^[1]
Rental yield: 14th percentile^[2]
Property tax: 63rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 33803?: The typical home in 33803 is worth $289,989, based on the Zillow Home Value Index.
Are home values rising in 33803?: Home values in 33803 are down 3.5% over the past year, and up 4.8% a year over five years.
What is the typical rent in 33803?: A typical home in 33803 rents for about $1,554 a month, a gross rental yield of 6.4%.
What is the property tax rate in 33803?: The effective property tax rate in 33803 is 0.7% — roughly $2,171 a year on a typical home.
Who lives in 33803?: ZIP code 33803 has a population of 29,321 and a median household income of $65,807.

#Comparable ZIPs

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

33839 vs 33803 →
Eagle Lake, FL
Typical home
$288,547
Gross yield
8.5%
33855 vs 33803 →
Indian Lake Estates CDP, FL
Typical home
$292,276
Gross yield
—
33860
Mulberry, FL
Typical home
$286,839
Gross yield
7.4%
33827
Frostproof, FL
Typical home
$295,429
Gross yield
—
33844
Haines City, FL
Typical home
$296,554
Gross yield
8.2%
33884
Winter Haven, FL
Typical home
$299,091
Gross yield
7.6%

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Compare ZIPs

Pit ZIP 33803 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33803

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