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ZIP Code · FL

ZIP 33032

Pop. 65,132·Miami-Dade County·118th most expensive ZIP in Florida
Median rent (all units)
$2,643/mo
Year-over-Year
-2.4%
Month-over-Month
+2.3%
vs US Median
+$678
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33032 · $2,643
More expensive than 83% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,880
2 BR
$2,290
3 BR
$2,940
4 BR+
$3,400
Research median
$2,290/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$31,716/yr
At $2,643/mo median
Location
StateFL
CountyMiami-Dade County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-2.4% YoY, +2.3% MoM), not inventory.
Demographics

Who lives here

ZIP 33032 (Homestead, FL) is majority owner-occupied, has a large share of families with children, 24.9% of residents hold a bachelor's degree or higher.

Population
65,132
Median income
$73,429
Median age
33
Renters
42.2%
Age distribution
27.2%
26.5%
27.9%
Under 1827.2%
18–3426.5%
35–5427.9%
55–6410%
65+8.5%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
28.6%
17.5%
70.9%
White28.6%
Black17.5%
Hispanic70.9%
Asian0.6%
Education (25+)
14.9%
33.7%
26.4%
24.9%
No HS diploma14.9%
HS diploma33.7%
Some college26.4%
Bachelor's+24.9%
Housing tenure
57.8%
42.2%
Owner57.8%
Renter42.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 33032 in Homestead, FL has changed in 5 years

Income
$64,109 → $73,429
up 14.5%
Population
54,545 → 65,132
up 19.4%
Renter share
41.4% → 42.2%
+0.8 pts
Bachelor's+
25.7% → 24.9%
-0.8 pts
Median age
33.7 → 33
-0.7 yrs

On the earnings side, the typical household in ZIP 33032 in Homestead, FL now reports about $73,429, up from $64,109 in 2021. The population has grown by 19.4% since 2021, moving from about 54,545 residents to roughly 65,132.

Community

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Local insights

Tips for renters in ZIP 33032

About renting in ZIP 33032

Last updated: July 20, 2026

ZIP code 33032 covers Homestead, FL. The median rent here is $2,643/mo as of July 2026. A 1-bedroom rents for a median of $1,880/mo. A 2-bedroom rents for a median of $2,290/mo.

At 43% of local median household income ($73,429/yr), ZIP 33032 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33032?

As of July 20, 2026, the median monthly rent in ZIP 33032 (Homestead, FL) is $2,643. This is based on aggregated data from public sources and community submissions.

How does ZIP 33032 rent compare to the US average?

ZIP 33032's median rent of $2,643/mo is $678 (35%) above the US national median of $1,965/mo.

How does ZIP 33032 compare to other ZIPs in Florida?

ZIP 33032 is one of the pricier ZIP codes in Florida, ranking #118 out of 662 ZIPs tracked at $2,643/mo.

How much income do you need to rent in ZIP 33032?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,643/mo in ZIP 33032. The local median household income is $73,429/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33032?

Rent in ZIP 33032 has decreased 2.4% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 33032 an affordable place to rent?

ZIP 33032 is considered stretched for renters. At $2,643/mo, rent takes approximately 43% of the local median household income ($73,429/yr). The standard benchmark is 30%. ZIP 33032 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 33032 residents rent vs. own?

According to Census data, approximately 42.2% of ZIP 33032 households are renters, while 57.8% are owner-occupied. ZIP 33032 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33032 compare to the rest of Homestead?

ZIP 33032 is pricier than Homestead as a whole. At $2,643/mo, it's $199 above the Homestead citywide median of $2,444/mo.

When was rent data for ZIP 33032 last updated?

Rent data for ZIP 33032 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
43%
STRETCHED

At $2,643/mo, rent takes ~43% of ZIP 33032's median household income ($73,429/yr). The standard benchmark is 30%.

ZIP 33032 43%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33032 (Homestead, FL)

Recent submissions

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