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ZIP Code · FL

ZIP 33132

Part of Miami, FL
Pop. 20,253·Miami-Dade County·38th most expensive ZIP in Florida
Median rent (all units)
$3,357/mo
Year-over-Year
-1.1%
Month-over-Month
+1.2%
vs US Median
+$1,392
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33132 · $3,357
More expensive than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,660
1 BR
$2,900
2 BR
$3,540
3 BR
$4,540
4 BR+
$5,250
Research median
$3,540/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
$40,284/yr
At $3,357/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 (-1.1% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 33132 (Miami, FL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 61.5% of residents hold a bachelor's degree or higher.

Population
20,253
Median income
$109,109
Median age
34.5
Renters
74.3%
Age distribution
45.1%
34.1%
Under 187%
18–3445.1%
35–5434.1%
55–648.9%
65+4.9%
Gender
56.1%
43.9%
Male56.1%
Female43.9%
Race & ethnicity
35.9%
55.4%
White35.9%
Black6.1%
Hispanic55.4%
Asian5.8%
Education (25+)
21.5%
61.5%
No HS diploma5.5%
HS diploma11.5%
Some college21.5%
Bachelor's+61.5%
Housing tenure
25.7%
74.3%
Owner25.7%
Renter74.3%

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

2021 vs 2026

How ZIP 33132 in Miami, FL has changed in 5 years

Rent
$2,216 → $3,357
up 51.5%
Income
$90,160 → $109,109
up 21.0%
Population
15,834 → 20,253
up 27.9%
Renter share
73.8% → 74.3%
+0.5 pts
Bachelor's+
61.2% → 61.5%
+0.3 pts

Rent in ZIP 33132 in Miami, FL has increased 51.5% since 2021, going from about $2,216 per month to roughly $3,357 today. Local incomes tracked alongside that move, going from a median of $90,160 in 2021 to $109,109 more recently. Rent outpaced income growth by roughly 30.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 15,834 to 20,253 between 2021 and 2024, a 27.9% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33132 in Miami, FL market of 2021.

Community

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Local insights

Tips for renters in ZIP 33132

About renting in ZIP 33132

Last updated: July 20, 2026

ZIP code 33132 covers Miami, FL. The median rent here is $3,357/mo as of July 2026. A 1-bedroom rents for a median of $2,900/mo. A 2-bedroom rents for a median of $3,540/mo.

At 37% of local median household income ($109,109/yr), ZIP 33132 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33132?

As of July 20, 2026, the median monthly rent in ZIP 33132 (Miami, FL) is $3,357. This is based on aggregated data from public sources and community submissions.

How does ZIP 33132 rent compare to the US average?

ZIP 33132's median rent of $3,357/mo is $1,392 (71%) above the US national median of $1,965/mo.

How does ZIP 33132 compare to other ZIPs in Florida?

ZIP 33132 is one of the pricier ZIP codes in Florida, ranking #38 out of 662 ZIPs tracked at $3,357/mo.

How much income do you need to rent in ZIP 33132?

To keep rent at or below 30% of gross income, you would need to earn at least $134,000/year (~$64/hour full-time) to afford the median rent of $3,357/mo in ZIP 33132. The local median household income is $109,109/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33132?

Rent in ZIP 33132 has decreased 1.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 33132 an affordable place to rent?

ZIP 33132 is considered moderate for renters. At $3,357/mo, rent takes approximately 37% of the local median household income ($109,109/yr). The standard benchmark is 30%. ZIP 33132 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 33132 residents rent vs. own?

According to Census data, approximately 74.3% of ZIP 33132 households are renters, while 25.7% are owner-occupied. With a majority renter population, ZIP 33132 has a strong rental market.

How does ZIP 33132 compare to the rest of Miami?

ZIP 33132 is pricier than Miami as a whole. At $3,357/mo, it's $353 above the Miami citywide median of $3,004/mo.

When was rent data for ZIP 33132 last updated?

Rent data for ZIP 33132 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $3,357/mo, rent takes ~37% of ZIP 33132's median household income ($109,109/yr). The standard benchmark is 30%.

ZIP 33132 37%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33132 (Miami, FL)

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