ZIP Code · FL

ZIP 33133

Part of Miami, FL
Pop. 36,789·Miami-Dade County·32nd most expensive ZIP in Florida
Median rent (all units)
$3,646/mo
Year-over-Year
+4.4%
Month-over-Month
+1.0%
vs US Median
+$1,714
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33133 · $3,646
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
$2,280
1 BR
$2,490
2 BR
$3,040
3 BR
$3,900
4 BR+
$4,510
Research median
$3,040/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

January. Asking rents in ZIP 33133 usually run 1.1% below trend in January and 1.1% above it in June, about $80 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33133 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in ZIP 33133 changed +4.4% 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 33133 rose 67.8% while median household income rose 55.1% ($66,683 to $103,420). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33133 is 75% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($103,420) is $2,586 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,490); a 2-bedroom is $3,040.

Rank in Miami

24th cheapest of 26 ZIP codes in Miami.

Cheaper nearby

ZIP 33145, 2 miles away, rents for 21% less ($2,888/mo), about $9,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33133. 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
$43,752/yr
At $3,646/mo median
Location
CityMiami
StateFL
CountyMiami-Dade County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.4% YoY, +1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 33133 (Miami, FL) is roughly split between renters and owners, has a median income above the national average, 64.2% of residents hold a bachelor's degree or higher.

Population
36,789
Median income
$103,420
Median age
39.6
Renters
47.5%
Age distribution
21.7%
20%
29.5%
13.4%
15.5%
Under 1821.7%
18–3420%
35–5429.5%
55–6413.4%
65+15.5%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
39.4%
54.3%
White39.4%
Black8.6%
Hispanic54.3%
Asian3.7%
Education (25+)
16.1%
15%
64.2%
No HS diploma4.7%
HS diploma16.1%
Some college15%
Bachelor's+64.2%
Housing tenure
52.5%
47.5%
Owner52.5%
Renter47.5%

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

2021 vs 2026

How ZIP 33133 in Miami, FL has changed in 5 years

Rent
$2,275 → $3,646
up 60.3%
Income
$76,560 → $103,420
up 35.1%
Population
34,434 → 36,789
up 6.8%
Renter share
48.5% → 47.5%
-1.0 pts
Bachelor's+
57% → 64.2%
+7.2 pts
Median age
41.7 → 39.6
-2.1 yrs

Since 2021, the typical rent in ZIP 33133 in Miami, FL has increased from $2,275 to $3,646, a 60.3% change over five years. Local incomes tracked alongside that move, going from a median of $76,560 in 2021 to $103,420 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.8% since 2021, moving from about 34,434 residents to roughly 36,789. College-educated residents now make up 64.2% of adults here, versus 57% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33133 in Miami, FL market of 2021.

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About renting in ZIP 33133

Last updated: October 17, 2026

ZIP code 33133 covers Miami, FL. The median rent here is $3,646/mo as of October 2026. A 1-bedroom rents for a median of $2,490/mo. A 2-bedroom rents for a median of $3,040/mo.

At 42% of local median household income ($103,420/yr), ZIP 33133 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33133?

To keep rent at or below 30% of gross income, you would need to earn at least $146,000/year (about $70/hour full-time) to afford the median rent of $3,646/mo in ZIP 33133. The local median household income is $103,420/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33133?

Rent in ZIP 33133 has risen 4.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 33133?

Asking rents in ZIP 33133 are usually lowest in January, about 1.1% below their yearly trend, and highest in June, about 1.1% above it. At today's median that is a gap of roughly $80 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33133?

Yes. From 2019 to 2024, rent in ZIP 33133 rose 67.8% while median household income rose 55.1%, from $66,683 to $103,420. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33133 compare to other ZIPs in Florida?

ZIP 33133 is one of the pricier among Florida ZIP codes for rent, ranking #32 of 656 at $3,646/mo. Over the year to September 2026, rent in ZIP 33133 changed +4.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33133 compare to the rest of Miami?

At $3,646/mo, ZIP 33133 is $681 above the Miami citywide median of $2,965/mo. It is the 24th cheapest of 26 ZIP codes in Miami.
Income Affordability
42%
STRETCHED

At $3,646/mo, rent takes ~42% of ZIP 33133's median household income ($103,420/yr). The standard benchmark is 30%.

ZIP 33133 42%Benchmark 30%
State income taxNone
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