Average Rent in Lutz, FL (2026)

Typical asking rent in Lutz is $2,076. Across the 4 ZIP codes with data it runs from $1,968 to $2,274, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$2,076
Average rent
$2,098
Lowest ZIP
$1,968
Highest ZIP
$2,274

Rent by ZIP code in Lutz

ZIP codeCountyTypical rentvs city median
33558Hillsborough County$2,274+10%
33548Hillsborough County$2,168+4%
33559Hillsborough County$1,983-4%
33549Hillsborough County$1,968-5%

Rent by bedroom count in Lutz

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Hillsborough County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Hillsborough County uses Small Area FMRs, and the two bedroom figure runs from $1,830 to $2,410 depending on the Lutz ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,597+0.3%
1 bedroom$1,648-2.8%
2 bedroom$1,917-3.0%
3 bedroom$2,448-3.1%
4 bedroom$2,977-3.2%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Lutz?

Typical rent across Hillsborough County is $1,992 as of August 2026. That is down 0.6% from a year earlier and up 18.9% over five years.

YearTypical rent, Hillsborough CountyChange
2021$1,810+25.9%
2022$1,923+6.2%
2023$1,964+2.1%
2024$1,996+1.6%
2025$1,991-0.3%
2026 (through August)$1,992+0.1%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Lutz rent questions

What is the average rent in Lutz, FL?
Typical asking rent in Lutz is $2,076 a month as of July 2026, across 4 ZIP codes. By ZIP code it runs from $1,968 to $2,274.
How much is rent for a 2 bedroom in Lutz?
HUD's FY2027 Fair Market Rent for a two bedroom in Hillsborough County is $1,917 a month including utilities. A one bedroom is $1,648 and a three bedroom is $2,448. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Lutz?
Rent is falling. Typical rent in Hillsborough County is $1,992 as of August 2026, down 0.6% from a year earlier.
What is the cheapest ZIP code to rent in Lutz?
ZIP 33549 has the lowest typical asking rent in Lutz at $1,968 a month, compared with $2,076 for the city overall.
How much income do you need to rent in Lutz?
Most landlords look for gross income of about three times the rent. At the typical Lutz rent of $2,076, that is about $6,228 a month, or $74,736 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Lutz sits in the Tampa-St. Petersburg-Clearwater, FL metro area.

Other Florida cities

Would a rental in Lutz cash flow?

Start the analyzer with the Lutz median rent of $2,076 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.