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Home values, rents and more in ZIP code 33850 (Lake Alfred, FL)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$306,000
Metro: $296,000 · U.S.: $366,000
Home values, past year
−1.4%
Metro: −2.2% · U.S.: +1.2%
Typical rent
$2,110/mo
Metro: $1,814 · U.S.: $1,932
Population
9,757
ACS 2020–24
Median household income
$61,622
Metro: $65,978 · U.S.: $80,734
ZIP codes around 33850, shaded by typical home value3385033868338443383733823338803388133897338843380533801338963381233838
  • Under $250k
  • $250k–$280k
  • $280k–$300k
  • $300k–$340k
  • $340k+
  • No data
ZIP codes around 33850, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 33850 is outlined.

How 33850 compares

The typical home in ZIP code 33850 (Lake Alfred, FL) is worth about $306,000, according to the Zillow Home Value Index for September 2026. Home values in 33850 are 4% above the typical value in the Lakeland metro area ($296,000) and 16% below the U.S. typical value ($366,000).

Over the past year, home values in 33850 fell 1.4%, compared with −2.2% in the Lakeland metro area and +1.2% nationally.

Typical rent is $2,110 a month (Zillow Observed Rent Index), 16% above the Lakeland metro area ($1,814) and 9% above the U.S. ($1,932).

The median household income is $61,622, against $65,978 in the Lakeland metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 9,757 people live in 33850 (American Community Survey 2020–24).

33850 has the 10th-highest typical home value of the 34 ZIP codes in the Lakeland metro area and the 338th-lowest of 924 in Florida with Zillow figures.

Part of: Lake Alfred, FL · Polk County, FL · Lakeland metro area · Florida

More for 33850 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 33850 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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