ZIP Code · FL

ZIP 33126

Part of Miami, FL
Pop. 47,307·Miami-Dade County·204th most expensive ZIP in Florida
Median rent (all units)
$2,345/mo
Year-over-Year
+1.7%
Month-over-Month
+0.7%
vs US Median
+$413
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33126 · $2,345
More expensive than 75% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,990
1 BR
$2,170
2 BR
$2,650
3 BR
$3,400
4 BR+
$3,930
Research median
$2,650/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

Cheapest month to sign

October. Asking rents in ZIP 33126 usually run 0.6% below trend in October and 0.8% above it in April, about $33 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33126 is 1.8% below its high of $2,388 in March 2025, at $2,345 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33126 changed +1.7% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 33126 rose 51.8% while median household income rose 56.3% ($37,241 to $58,210). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 33126 is 47.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($58,210) is $1,455 a month. That is less than HUD's Fair Market Rent for a studio ($1,990).

Rank in Miami

3rd cheapest of 26 ZIP codes in Miami.

Cheaper nearby

ZIP 33010, 4 miles away, rents for 12% less ($2,064/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33126. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$28,140/yr
At $2,345/mo median
Location
CityMiami
StateFL
CountyMiami-Dade County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.7% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 33126 (Miami, FL) is majority renter-occupied, has a large retiree population, has a median income below the national average, 30.6% of residents hold a bachelor's degree or higher.

Population
47,307
Median income
$58,210
Median age
46.4
Renters
63.5%
Age distribution
15.2%
21.1%
28.1%
13.3%
22.3%
Under 1815.2%
18–3421.1%
35–5428.1%
55–6413.3%
65+22.3%
Gender
46.5%
53.5%
Male46.5%
Female53.5%
Race & ethnicity
23.4%
95.2%
White23.4%
Black1%
Hispanic95.2%
Asian0.5%
Education (25+)
21.2%
27.9%
20.4%
30.6%
No HS diploma21.2%
HS diploma27.9%
Some college20.4%
Bachelor's+30.6%
Housing tenure
36.5%
63.5%
Owner36.5%
Renter63.5%

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

2021 vs 2026

How ZIP 33126 in Miami, FL has changed in 5 years

Rent
$1,665 → $2,345
up 40.8%
Income
$45,660 → $58,210
up 27.5%
Population
48,130 → 47,307
down 1.7%
Renter share
63.4% → 63.5%
+0.1 pts
Bachelor's+
27.2% → 30.6%
+3.4 pts
Median age
44.8 → 46.4
+1.6 yrs

Five years ago, renters in ZIP 33126 in Miami, FL paid around $1,665 a month. That figure now sits near $2,345, up 40.8% from the 2021 baseline. Census figures show median household income at $58,210 today, compared with $45,660 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 33126 in Miami, FL losing about 823 residents over the five-year window, down 1.7% on net. Bachelor's-degree-or-higher attainment moved from 27.2% to 30.6% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 33126

Last updated: October 17, 2026

ZIP code 33126 covers Miami, FL. The median rent here is $2,345/mo as of October 2026. A 1-bedroom rents for a median of $2,170/mo. A 2-bedroom rents for a median of $2,650/mo.

At 48% of local median household income ($58,210/yr), ZIP 33126 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33126?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (about $45/hour full-time) to afford the median rent of $2,345/mo in ZIP 33126. The local median household income is $58,210/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33126?

Rent in ZIP 33126 has risen 1.7% over the past year as of September 2026. It sits 1.8% below its high of $2,388 in March 2025.

When is the cheapest time to rent in ZIP 33126?

Asking rents in ZIP 33126 are usually lowest in October, about 0.6% below their yearly trend, and highest in April, about 0.8% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33126?

No. From 2019 to 2024, rent in ZIP 33126 rose 51.8% while median household income rose 56.3%, from $37,241 to $58,210. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33126 compare to other ZIPs in Florida?

ZIP 33126 is one of the pricier among Florida ZIP codes for rent, ranking #204 of 656 at $2,345/mo. Over the year to September 2026, rent in ZIP 33126 changed +1.7%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33126 compare to the rest of Miami?

At $2,345/mo, ZIP 33126 is $620 below the Miami citywide median of $2,965/mo. It is the 3rd cheapest of 26 ZIP codes in Miami.
Income Affordability
48%
STRETCHED

At $2,345/mo, rent takes ~48% of ZIP 33126's median household income ($58,210/yr). The standard benchmark is 30%.

ZIP 33126 48%Benchmark 30%
State income taxNone
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Public schools near ZIP 33126 (Miami, FL)

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