ZIP Code · FL

ZIP 33034

Pop. 23,823·Miami-Dade County·153rd most expensive ZIP in Florida
Median rent (all units)
$2,474/mo
Year-over-Year
-0.2%
Month-over-Month
+0.6%
vs US Median
+$542
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33034 · $2,474
More expensive than 79% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,570
2 BR
$1,920
3 BR
$2,460
4 BR+
$2,920
Research median
$1,920/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 33034 is 5.4% below its high of $2,614 in January 2025, at $2,474 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33034 changed -0.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($47,170) is $1,179 a month. That is less than HUD's Fair Market Rent for a studio ($1,440).

From Zillow's monthly rent index (ZORI) for ZIP 33034. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$29,688/yr
At $2,474/mo median
Location
StateFL
CountyMiami-Dade County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.2% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33034 (Florida City, FL) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 13% of residents hold a bachelor's degree or higher.

Population
23,823
Median income
$47,170
Median age
32.4
Renters
64.1%
Age distribution
31.3%
21.8%
27%
12.1%
Under 1831.3%
18–3421.8%
35–5427%
55–647.9%
65+12.1%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
30%
27.4%
62%
White30%
Black27.4%
Hispanic62%
Education (25+)
32.3%
29.6%
25.1%
13%
No HS diploma32.3%
HS diploma29.6%
Some college25.1%
Bachelor's+13%
Housing tenure
35.9%
64.1%
Owner35.9%
Renter64.1%

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

2023 vs 2026

How ZIP 33034 in Florida City, FL has changed in 5 years

Rent
$2,389 → $2,474
up 3.6%
Income
$42,771 → $47,170
up 10.3%
Population
23,044 → 23,823
up 3.4%
Renter share
66.9% → 64.1%
-2.8 pts
Bachelor's+
8.5% → 13%
+4.5 pts
Median age
29.9 → 32.4
+2.5 yrs

The median rent in ZIP 33034 in Florida City, FL stood at $2,389 in 2023 and currently runs about $2,474, reflecting a 3.6% increase over the period. Household income in the area moved from $42,771 to $47,170 across the same window, up 10.3% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 3.4% since 2021, moving from about 23,044 residents to roughly 23,823. Renters now make up 64.1% of households, compared with 66.9% five years ago. College-educated residents now make up 13% of adults here, versus 8.5% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 33034 in Florida City, FL look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 33034

Last updated: October 17, 2026

ZIP code 33034 covers Florida City, FL. The median rent here is $2,474/mo as of October 2026. A 1-bedroom rents for a median of $1,570/mo. A 2-bedroom rents for a median of $1,920/mo.

At 63% of local median household income ($47,170/yr), ZIP 33034 ranks as expensive compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33034?

To keep rent at or below 30% of gross income, you would need to earn at least $99,000/year (about $48/hour full-time) to afford the median rent of $2,474/mo in ZIP 33034. The local median household income is $47,170/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33034?

Rent in ZIP 33034 has been roughly flat over the past year as of September 2026, a -0.2% change. It sits 5.4% below its high of $2,614 in January 2025.

How does ZIP 33034 compare to other ZIPs in Florida?

ZIP 33034 is one of the pricier among Florida ZIP codes for rent, ranking #153 of 656 at $2,474/mo. Over the year to September 2026, rent in ZIP 33034 changed -0.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33034 compare to the rest of Florida City?

At $2,474/mo, ZIP 33034 is $79 below the Florida City citywide median of $2,553/mo.
Income Affordability
63%
EXPENSIVE

At $2,474/mo, rent takes ~63% of ZIP 33034's median household income ($47,170/yr). The standard benchmark is 30%.

ZIP 33034 63%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33034 (Florida City, FL)

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