ZIP 33140
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12-month history
Last updated: October 17, 2026
What the numbers show
September. Asking rents in ZIP 33140 usually run 0.9% below trend in September and 0.6% above it in April, about $56 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 33140 is 0.2% below its high of $3,766 in June 2026, at $3,757 as of September 2026.
Rent in ZIP 33140 changed +3.8% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 33140 rose 68.1% while median household income rose 39.1% ($76,960 to $107,063). Rent outpaced income.
Rent in ZIP 33140 is 73.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($107,063) is $2,677 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,520); a 2-bedroom is $3,080.
3rd cheapest of 3 ZIP codes in Miami Beach.
ZIP 33141, 2 miles away, rents for 34% less ($2,465/mo), about $15,500 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 33140. 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.
Who lives here
ZIP 33140 (Miami Beach, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 64.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 33140 in Miami Beach, FL has changed in 5 years
The median rent in ZIP 33140 in Miami Beach, FL stood at $2,504 in 2021 and currently runs about $3,757, reflecting a 50.0% increase over the period. Household income in the area moved from $90,812 to $107,063 across the same window, up 17.9% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.6% since 2021, moving from about 20,672 residents to roughly 20,342. Renters now make up 42.2% of households, compared with 44.4% five years ago. College-educated residents now make up 64.8% of adults here, versus 59.7% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 33140 in Miami Beach, FL look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 33140
Last updated: October 17, 2026
ZIP code 33140 covers Miami Beach, FL. The median rent here is $3,757/mo as of October 2026. A 1-bedroom rents for a median of $2,520/mo. A 2-bedroom rents for a median of $3,080/mo.
At 42% of local median household income ($107,063/yr), ZIP 33140 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.
Frequently asked questions
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How does ZIP 33140 compare to other ZIPs in Florida?
How does ZIP 33140 compare to the rest of Miami Beach?
At $3,757/mo, rent takes ~42% of ZIP 33140's median household income ($107,063/yr). The standard benchmark is 30%.
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