ZIP Code · FL

ZIP 33135

Part of Miami, FL
Pop. 36,143·Miami-Dade County·332nd most expensive ZIP in Florida
Median rent (all units)
$2,067/mo
Year-over-Year
-2.4%
Month-over-Month
-0.8%
vs US Median
+$135
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33135 · $2,067
More expensive than 65% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,680
1 BR
$1,830
2 BR
$2,240
3 BR
$2,870
4 BR+
$3,320
Research median
$2,240/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 33135 is 4.3% below its high of $2,160 in November 2024, at $2,067 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33135 changed -2.4% 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 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($40,567) is $1,014 a month. That is less than HUD's Fair Market Rent for a studio ($1,680).

Rank in Miami

1st cheapest of 26 ZIP codes in Miami.

From Zillow's monthly rent index (ZORI) for ZIP 33135. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,804/yr
At $2,067/mo median
Location
CityMiami
StateFL
CountyMiami-Dade County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.4% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 33135 (Miami, FL) is majority renter-occupied, has a median income below the national average, 21.7% of residents hold a bachelor's degree or higher.

Population
36,143
Median income
$40,567
Median age
42.6
Renters
77.3%
Age distribution
16.7%
21.6%
27.7%
14.7%
19.3%
Under 1816.7%
18–3421.6%
35–5427.7%
55–6414.7%
65+19.3%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
14%
94.5%
White14%
Black1.7%
Hispanic94.5%
Education (25+)
29.7%
30.8%
17.8%
21.7%
No HS diploma29.7%
HS diploma30.8%
Some college17.8%
Bachelor's+21.7%
Housing tenure
22.7%
77.3%
Owner22.7%
Renter77.3%

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

2022 vs 2026

How ZIP 33135 in Miami, FL has changed in 5 years

Rent
$1,969 → $2,067
up 5.0%
Income
$32,460 → $40,567
up 25.0%
Population
35,115 → 36,143
up 2.9%
Renter share
78.2% → 77.3%
-0.9 pts
Bachelor's+
19.1% → 21.7%
+2.6 pts
Median age
43.9 → 42.6
-1.3 yrs

Compared with 2022, rent in ZIP 33135 in Miami, FL has increased by $98 per month, settling near $2,067 after starting the period at $1,969. Local incomes tracked alongside that move, going from a median of $32,460 in 2021 to $40,567 more recently. Income growth outran rent by about 20.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 35,115 to 36,143 between 2021 and 2024, a 2.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.1% to 21.7%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33135 in Miami, FL market of 2022.

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About renting in ZIP 33135

Last updated: October 17, 2026

ZIP code 33135 covers Miami, FL. The median rent here is $2,067/mo as of October 2026. A 1-bedroom rents for a median of $1,830/mo. A 2-bedroom rents for a median of $2,240/mo.

At 61% of local median household income ($40,567/yr), ZIP 33135 ranks as expensive compared to the national benchmark of 30%. Rents have decreased 2.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33135?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,067/mo in ZIP 33135. The local median household income is $40,567/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33135?

Rent in ZIP 33135 has fallen 2.4% over the past year as of September 2026. It sits 4.3% below its high of $2,160 in November 2024.

How does ZIP 33135 compare to other ZIPs in Florida?

ZIP 33135 is in the middle among Florida ZIP codes for rent, ranking #332 of 656 at $2,067/mo. Over the year to September 2026, rent in ZIP 33135 changed -2.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33135 compare to the rest of Miami?

At $2,067/mo, ZIP 33135 is $898 below the Miami citywide median of $2,965/mo. It is the 1st cheapest of 26 ZIP codes in Miami.
Income Affordability
61%
EXPENSIVE

At $2,067/mo, rent takes ~61% of ZIP 33135's median household income ($40,567/yr). The standard benchmark is 30%.

ZIP 33135 61%Benchmark 30%
State income taxNone
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Public schools near ZIP 33135 (Miami, FL)

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