ZIP Code · FL

ZIP 33154

Pop. 14,572·Miami-Dade County·14th most expensive ZIP in Florida
Median rent (all units)
$4,797/mo
Year-over-Year
+3.8%
Month-over-Month
-0.2%
vs US Median
+$2,865
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33154 · $4,797
More expensive than 99% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,300
1 BR
$2,510
2 BR
$3,070
3 BR
$3,940
4 BR+
$4,550
Research median
$3,070/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 33154 is 0.2% below its high of $4,806 in August 2026, at $4,797 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33154 changed +3.8% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($89,563) is $2,239 a month. That is less than HUD's Fair Market Rent for a studio ($2,300).

Cheaper nearby

ZIP 33181, 2 miles away, rents for 55% less ($2,182/mo), about $31,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33154. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$57,564/yr
At $4,797/mo median
Location
StateFL
CountyMiami-Dade County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 33154 (Bal Harbour, FL) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 58.2% of residents hold a bachelor's degree or higher.

Population
14,572
Median income
$89,563
Median age
39.8
Renters
39.8%
Age distribution
28.7%
12.6%
28.8%
19.4%
Under 1828.7%
18–3412.6%
35–5428.8%
55–6410.5%
65+19.4%
Gender
41.9%
58.1%
Male41.9%
Female58.1%
Race & ethnicity
62.4%
40.2%
White62.4%
Black2.2%
Hispanic40.2%
Asian0.6%
Education (25+)
19.5%
20.3%
58.2%
No HS diploma2%
HS diploma19.5%
Some college20.3%
Bachelor's+58.2%
Housing tenure
60.2%
39.8%
Owner60.2%
Renter39.8%

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

2022 vs 2026

How ZIP 33154 in Bal Harbour, FL has changed in 5 years

Rent
$4,302 → $4,797
up 11.5%
Income
$75,350 → $89,563
up 18.9%
Population
14,636 → 14,572
down 0.4%
Renter share
39.7% → 39.8%
+0.1 pts
Bachelor's+
56.4% → 58.2%
+1.8 pts
Median age
41.4 → 39.8
-1.6 yrs

Five years ago, renters in ZIP 33154 in Bal Harbour, FL paid around $4,302 a month. That figure now sits near $4,797, up 11.5% from the 2022 baseline. Median household income climbed from $75,350 to $89,563 between 2021 and 2024, a 18.9% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Taken together, the five-year picture in ZIP 33154 in Bal Harbour, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 33154

Last updated: October 17, 2026

ZIP code 33154 covers Bal Harbour, FL. The median rent here is $4,797/mo as of October 2026. A 1-bedroom rents for a median of $2,510/mo. A 2-bedroom rents for a median of $3,070/mo.

At 64% of local median household income ($89,563/yr), ZIP 33154 ranks as expensive compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33154?

To keep rent at or below 30% of gross income, you would need to earn at least $192,000/year (about $92/hour full-time) to afford the median rent of $4,797/mo in ZIP 33154. The local median household income is $89,563/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33154?

Rent in ZIP 33154 has risen 3.8% over the past year as of September 2026. It sits 0.2% below its high of $4,806 in August 2026.

How does ZIP 33154 compare to other ZIPs in Florida?

ZIP 33154 is one of the pricier among Florida ZIP codes for rent, ranking #14 of 656 at $4,797/mo. Over the year to September 2026, rent in ZIP 33154 changed +3.8%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33154 compare to the rest of Bal Harbour?

At $4,797/mo, ZIP 33154 is $1,516 below the Bal Harbour citywide median of $6,313/mo.
Income Affordability
64%
EXPENSIVE

At $4,797/mo, rent takes ~64% of ZIP 33154's median household income ($89,563/yr). The standard benchmark is 30%.

ZIP 33154 64%Benchmark 30%
State income taxNone
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Public schools near ZIP 33154 (Bal Harbour, FL)

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