How much is a home worth in ZIP code 33853?

The typical home in 33853 is worth $225,033, based on the Zillow Home Value Index.

Are home values rising in 33853?

Home values in 33853 are down 3.9% over the past year, and up 6.4% a year over five years.

What is the typical rent in 33853?

A typical home in 33853 rents for about $1,294 a month, a gross rental yield of 6.9%.

What is the property tax rate in 33853?

The effective property tax rate in 33853 is 0.8% — roughly $1,729 a year on a typical home.

ZIP code 33853 has a population of 12,674 and a median household income of $44,474.

HousingHandbookReference data

…

U.S. ZIP Code · FL33853

Polk County · Lakeland-Winter Haven, FL

Typical home value

$225,033^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.9%
5-year / yr: +6.4%
10-year / yr: +10.3%

Relative price

vs U.S.: -20.8%
vs metro: -21.8%
vs state: -35.1%

Price history

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

The typical home in 33853 is worth $225,033 — 21.8% below the Lakeland-Winter Haven, FL median. Over the past year, values have fallen 3.9%. Homes here rent for a typical $1,294 a month — a 6.9% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,294^[2]
Gross yield: 6.9%^[2]
Cap rate: 4.1%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $1,729^[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: 12,674^[3]
Median household income: $44,474^[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: 9
Elementary: 4
Middle: 2
High: 2

LAKE WALES SENIOR HIGH SCHOOL
High · Grades 9–12 · POLK
1,599 students
EDWARD W BOK ACADEMY NORTH
Middle · Grades 6–8 · POLK
670 students
MCLAUGHLIN ACADEMY OF EXCELLENCE
Middle · Grades 6–10 · POLK
666 students
HILLCREST ELEMENTARY SCHOOL
Elementary · Grades PK–5 · POLK
665 students
SPOOK HILL ELEMENTARY SCHOOL
Elementary · Grades PK–5 · POLK
547 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 yield6.9%

Net yield (after ~40% expenses)4.1%

Annual rent$15,527

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$1,138

Loan principal$180,026

Down payment$45,007

Total interest paid$229,613

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 ratio1.14

Monthly cost to own$1,470

Monthly rent$1,294

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: 97th percentile^[1]
Rental yield: 19th percentile^[2]
Property tax: 77th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33853?: The typical home in 33853 is worth $225,033, based on the Zillow Home Value Index.
Are home values rising in 33853?: Home values in 33853 are down 3.9% over the past year, and up 6.4% a year over five years.
What is the typical rent in 33853?: A typical home in 33853 rents for about $1,294 a month, a gross rental yield of 6.9%.
What is the property tax rate in 33853?: The effective property tax rate in 33853 is 0.8% — roughly $1,729 a year on a typical home.
Who lives in 33853?: ZIP code 33853 has a population of 12,674 and a median household income of $44,474.

#Comparable ZIPs

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

33841 vs 33853 →
Alturas CDP, FL
Typical home
$228,059
Gross yield
—
33805 vs 33853 →
Lakeland, FL
Typical home
$232,888
Gross yield
7.8%
33801
Lakeland, FL
Typical home
$234,908
Gross yield
7.5%
33843
Frostproof, FL
Typical home
$204,973
Gross yield
—
33898
Indian Lake Estates CDP, FL
Typical home
$250,865
Gross yield
—
33868
Polk City, FL
Typical home
$254,509
Gross yield
—

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Pit ZIP 33853 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33853

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