ZIP Code · FL

ZIP 33129

Part of Miami, FL

Pop. 14,702·Miami-Dade County·35th most expensive ZIP in Florida

Median rent (all units)

$3,637/mo

Year-over-Year

-0.3%

Month-over-Month

-0.4%

vs US Median

+$1,705

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 33129 · $3,637

More expensive than 96% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,360

1 BR

$2,580

2 BR

$3,150

3 BR

$4,040

4 BR+

$4,670

Research median

$3,150/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 33129 is 2.1% below its high of $3,716 in December 2025, at $3,637 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33129 changed -0.3% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 5 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($113,367) is $2,834 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,580); a 2-bedroom is $3,150.

Rank in Miami

23rd cheapest of 26 ZIP codes in Miami.

Cheaper nearby

ZIP 33130, 2 miles away, rents for 11% less ($3,251/mo), about $4,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33129. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$43,644/yr

At $3,637/mo median

Location

CityMiami

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 (-0.3% YoY, -0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 33129 (Miami, FL) is roughly split between renters and owners, has a median income above the national average, 70.8% of residents hold a bachelor's degree or higher.

Population

14,702

Median income

$113,367

Median age

44.1

Renters

53.2%

Age distribution

14%

23.4%

31.6%

17.5%

13.6%

Under 1814%

18–3423.4%

35–5431.6%

55–6417.5%

65+13.6%

Gender

47%

53%

Male47%

Female53%

Race & ethnicity

31.1%

73.7%

White31.1%

Black1.7%

Hispanic73.7%

Asian2.2%

Education (25+)

14.9%

70.8%

No HS diploma2.5%

HS diploma11.8%

Some college14.9%

Bachelor's+70.8%

Housing tenure

46.8%

53.2%

Owner46.8%

Renter53.2%

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

2022 vs 2026

How ZIP 33129 in Miami, FL has changed in 5 years

Rent

$3,285 → $3,637

up 10.7%

Income

$78,316 → $113,367

up 44.8%

Population

14,390 → 14,702

up 2.2%

Renter share

54.9% → 53.2%

-1.7 pts

Bachelor's+

65.3% → 70.8%

+5.5 pts

Median age

42.5 → 44.1

+1.6 yrs

Rent in ZIP 33129 in Miami, FL has increased 10.7% since 2022, going from about $3,285 per month to roughly $3,637 today. Census figures show median household income at $113,367 today, compared with $78,316 five years earlier. Income growth outran rent by about 34.1 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 14,390 to 14,702 between 2021 and 2024, a 2.2% change. About 53.2% of households rent today, against 54.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 65.3% to 70.8%. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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About renting in ZIP 33129

Last updated: October 17, 2026

ZIP code 33129 covers Miami, FL. The median rent here is $3,637/mo as of October 2026. A 1-bedroom rents for a median of $2,580/mo. A 2-bedroom rents for a median of $3,150/mo.

At 38% of local median household income ($113,367/yr), ZIP 33129 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33129?

To keep rent at or below 30% of gross income, you would need to earn at least $145,000/year (about $70/hour full-time) to afford the median rent of $3,637/mo in ZIP 33129. The local median household income is $113,367/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33129?

Rent in ZIP 33129 has been roughly flat over the past year as of September 2026, a -0.3% change. It sits 2.1% below its high of $3,716 in December 2025.

How does ZIP 33129 compare to other ZIPs in Florida?

ZIP 33129 is one of the pricier among Florida ZIP codes for rent, ranking #35 of 656 at $3,637/mo. Over the year to September 2026, rent in ZIP 33129 changed -0.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.