How much is a home worth in ZIP code 33844?

The typical home in 33844 is worth $296,554, based on the Zillow Home Value Index.

Are home values rising in 33844?

Home values in 33844 are down 4.5% over the past year, and up 4.8% a year over five years.

What is the typical rent in 33844?

A typical home in 33844 rents for about $2,022 a month, a gross rental yield of 8.2%.

What is the property tax rate in 33844?

The effective property tax rate in 33844 is 0.9% — roughly $2,536 a year on a typical home.

ZIP code 33844 has a population of 51,255 and a median household income of $63,650.

HousingHandbookReference data

…

U.S. ZIP Code · FL33844

Polk County · Lakeland-Winter Haven, FL

Typical home value

$296,554^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.5%
5-year / yr: +4.8%
10-year / yr: +7.5%

Relative price

vs U.S.: +4.4%
vs metro: +3.1%
vs state: -14.5%

Price history

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

The typical home in 33844 is worth $296,554 — 3.1% above the Lakeland-Winter Haven, FL median. Over the past year, values have fallen 4.5%. Homes here rent for a typical $2,022 a month — a 8.2% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent: $2,022^[2]
Gross yield: 8.2%^[2]
Cap rate: 4.9%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $2,536^[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: 51,255^[3]
Median household income: $63,650^[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: 8
Elementary: 4
Middle: 2
High: 1

HAINES CITY SENIOR HIGH SCHOOL
High · Grades 9–12 · POLK
2,914 students
SHELLEY S. BOONE MIDDLE SCHOOL
Middle · Grades 6–8 · POLK
1,421 students
SANDHILL ELEMENTARY SCHOOL
Elementary · Grades PK–5 · POLK
1,017 students
ALTA VISTA ELEMENTARY SCHOOL
Elementary · Grades PK–5 · POLK
760 students
EASTSIDE ELEMENTARY SCHOOL
Elementary · Grades PK–5 · POLK
668 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 yield8.2%

Net yield (after ~40% expenses)4.9%

Annual rent$24,262

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$1,500

Loan principal$237,244

Down payment$59,311

Total interest paid$302,591

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 ratio0.97

Monthly cost to own$1,959

Monthly rent$2,022

Owning and renting are roughly even.

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: 13th percentile^[1]
Rental yield: 81st percentile^[2]
Property tax: 93rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33844?: The typical home in 33844 is worth $296,554, based on the Zillow Home Value Index.
Are home values rising in 33844?: Home values in 33844 are down 4.5% over the past year, and up 4.8% a year over five years.
What is the typical rent in 33844?: A typical home in 33844 rents for about $2,022 a month, a gross rental yield of 8.2%.
What is the property tax rate in 33844?: The effective property tax rate in 33844 is 0.9% — roughly $2,536 a year on a typical home.
Who lives in 33844?: ZIP code 33844 has a population of 51,255 and a median household income of $63,650.

#Comparable ZIPs

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

33827 vs 33844 →
Frostproof, FL
Typical home
$295,429
Gross yield
—
33884 vs 33844 →
Winter Haven, FL
Typical home
$299,091
Gross yield
7.6%
33855
Indian Lake Estates CDP, FL
Typical home
$292,276
Gross yield
—
33803
Lakeland, FL
Typical home
$289,989
Gross yield
6.4%
33823
Auburndale, FL
Typical home
$304,242
Gross yield
7.3%
33839
Eagle Lake, FL
Typical home
$288,547
Gross yield
8.5%

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Pit ZIP 33844 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33844

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