ZIP Code · FL

ZIP 33035

Part of Homestead, FL

Pop. 17,202·Miami-Dade County·248th most expensive ZIP in Florida

Median rent (all units)

$2,239/mo

Year-over-Year

-1.6%

Month-over-Month

-0.1%

vs US Median

+$307

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 33035 · $2,239

More expensive than 72% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,000

1 BR

$2,180

2 BR

$2,660

3 BR

$3,410

4 BR+

$3,950

Research median

$2,660/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 33035 is 5.8% below its high of $2,377 in September 2024, at $2,239 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33035 changed -1.6% 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 4 of the last 12 months.

What a typical income covers

30% of the median household income ($68,354) is $1,709 a month. That is less than HUD's Fair Market Rent for a studio ($2,000).

Rank in Homestead

1st cheapest of 4 ZIP codes in Homestead.

From Zillow's monthly rent index (ZORI) for ZIP 33035. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$26,868/yr

At $2,239/mo median

Location

CityHomestead

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 (-1.6% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 33035 (Homestead, FL) is roughly split between renters and owners, has a large share of families with children, 30.6% of residents hold a bachelor's degree or higher.

Population

17,202

Median income

$68,354

Median age

36.1

Renters

49.5%

Age distribution

26.1%

21.5%

34%

Under 1826.1%

18–3421.5%

35–5434%

55–6410.6%

65+7.8%

Gender

47.9%

52.1%

Male47.9%

Female52.1%

Race & ethnicity

31%

18.9%

59.7%

White31%

Black18.9%

Hispanic59.7%

Asian1.3%

Education (25+)

28.9%

31.8%

30.6%

No HS diploma8.7%

HS diploma28.9%

Some college31.8%

Bachelor's+30.6%

Housing tenure

50.5%

49.5%

Owner50.5%

Renter49.5%

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

2022 vs 2026

How ZIP 33035 in Homestead, FL has changed in 5 years

Rent

$2,071 → $2,239

up 8.1%

Income

$60,053 → $68,354

up 13.8%

Population

16,127 → 17,202

up 6.7%

Renter share

51.1% → 49.5%

-1.6 pts

Bachelor's+

29.2% → 30.6%

+1.4 pts

Median age

34.2 → 36.1

+1.9 yrs

Since 2022, the typical rent in ZIP 33035 in Homestead, FL has climbed from $2,071 to $2,239, a 8.1% change over five years. Median household income rose from $60,053 to $68,354 between 2021 and 2024, a 13.8% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 6.7% since 2021, moving from about 16,127 residents to roughly 17,202. Renters now make up 49.5% of households, compared with 51.1% five years ago. Taken together, the five-year picture in ZIP 33035 in Homestead, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 33035

Last updated: October 17, 2026

ZIP code 33035 covers Homestead, FL. The median rent here is $2,239/mo as of October 2026. A 1-bedroom rents for a median of $2,180/mo. A 2-bedroom rents for a median of $2,660/mo.

At 39% of local median household income ($68,354/yr), ZIP 33035 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33035?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (about $43/hour full-time) to afford the median rent of $2,239/mo in ZIP 33035. The local median household income is $68,354/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33035?

Rent in ZIP 33035 has fallen 1.6% over the past year as of September 2026. It sits 5.8% below its high of $2,377 in September 2024.

How does ZIP 33035 compare to other ZIPs in Florida?

ZIP 33035 is in the middle among Florida ZIP codes for rent, ranking #248 of 656 at $2,239/mo. Over the year to September 2026, rent in ZIP 33035 changed -1.6%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.