ZIP Code · FL

ZIP 33140

Pop. 20,342·Miami-Dade County·19th most expensive ZIP in Florida
Median rent (all units)
$3,839/mo
Year-over-Year
+5.5%
Month-over-Month
-2.9%
vs US Median
+$1,874
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33140 · $3,839
More expensive than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,310
1 BR
$2,520
2 BR
$3,080
3 BR
$3,950
4 BR+
$4,570
Research median
$3,080/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
$46,068/yr
At $3,839/mo median
Location
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 (+5.5% YoY, -2.9% MoM), not inventory.
Demographics

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.

Population
20,342
Median income
$107,063
Median age
40.2
Renters
42.2%
Age distribution
23.2%
19.6%
24.6%
21.1%
Under 1823.2%
18–3419.6%
35–5424.6%
55–6411.6%
65+21.1%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
62.9%
40.6%
White62.9%
Black3.8%
Hispanic40.6%
Asian1.8%
Education (25+)
18.6%
64.8%
No HS diploma7.4%
HS diploma9.3%
Some college18.6%
Bachelor's+64.8%
Housing tenure
57.8%
42.2%
Owner57.8%
Renter42.2%

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

2021 vs 2026

How ZIP 33140 in Miami Beach, FL has changed in 5 years

Rent
$2,554 → $3,839
up 50.3%
Income
$90,812 → $107,063
up 17.9%
Population
20,672 → 20,342
down 1.6%
Renter share
44.4% → 42.2%
-2.2 pts
Bachelor's+
59.7% → 64.8%
+5.1 pts

The median rent in ZIP 33140 in Miami Beach, FL stood at $2,554 in 2021 and currently runs about $3,839, reflecting a 50.3% 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.

Community

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Local insights

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About renting in ZIP 33140

Last updated: July 20, 2026

ZIP code 33140 covers Miami Beach, FL. The median rent here is $3,839/mo as of July 2026. A 1-bedroom rents for a median of $2,520/mo. A 2-bedroom rents for a median of $3,080/mo.

At 43% of local median household income ($107,063/yr), ZIP 33140 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33140?

As of July 20, 2026, the median monthly rent in ZIP 33140 (Miami Beach, FL) is $3,839. This is based on aggregated data from public sources and community submissions.

How does ZIP 33140 rent compare to the US average?

ZIP 33140's median rent of $3,839/mo is $1,874 (95%) above the US national median of $1,965/mo.

How does ZIP 33140 compare to other ZIPs in Florida?

ZIP 33140 is one of the pricier ZIP codes in Florida, ranking #19 out of 662 ZIPs tracked at $3,839/mo.

How much income do you need to rent in ZIP 33140?

To keep rent at or below 30% of gross income, you would need to earn at least $154,000/year (~$74/hour full-time) to afford the median rent of $3,839/mo in ZIP 33140. The local median household income is $107,063/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33140?

Rent in ZIP 33140 has increased 5.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 33140 an affordable place to rent?

ZIP 33140 is considered stretched for renters. At $3,839/mo, rent takes approximately 43% of the local median household income ($107,063/yr). The standard benchmark is 30%. ZIP 33140 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 33140 residents rent vs. own?

According to Census data, approximately 42.2% of ZIP 33140 households are renters, while 57.8% are owner-occupied. ZIP 33140 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33140 compare to the rest of Miami Beach?

ZIP 33140 is pricier than Miami Beach as a whole. At $3,839/mo, it's $861 above the Miami Beach citywide median of $2,978/mo.

When was rent data for ZIP 33140 last updated?

Rent data for ZIP 33140 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
43%
STRETCHED

At $3,839/mo, rent takes ~43% of ZIP 33140's median household income ($107,063/yr). The standard benchmark is 30%.

ZIP 33140 43%Benchmark 30%
State income taxNone
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