ZIP Code · FL

ZIP 33157

Part of Miami, FL
Pop. 70,596·Miami-Dade County·144th most expensive ZIP in Florida
Median rent (all units)
$2,515/mo
Year-over-Year
Stable
Month-over-Month
+0.4%
vs US Median
+$583
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33157 · $2,515
More expensive than 80% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,710
1 BR
$1,870
2 BR
$2,280
3 BR
$2,930
4 BR+
$3,380
Research median
$2,280/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

September. Asking rents in ZIP 33157 usually run 0.6% below trend in September and 0.6% above it in February, about $30 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33157 is 1.5% below its high of $2,554 in August 2024, at $2,515 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33157 changed 0.0% 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 33157 rose 61.7% while median household income rose 25.3% ($65,099 to $81,589). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33157 is 51% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($81,589) is $2,040 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,870); a 2-bedroom is $2,280.

Rank in Miami

10th cheapest of 26 ZIP codes in Miami.

From Zillow's monthly rent index (ZORI) for ZIP 33157. 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
$30,180/yr
At $2,515/mo median
Location
CityMiami
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 (-0.0% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 33157 (Miami, FL) is majority owner-occupied, 34.3% of residents hold a bachelor's degree or higher.

Population
70,596
Median income
$81,589
Median age
41.1
Renters
34.2%
Age distribution
21.9%
19.9%
28.3%
12.7%
17.2%
Under 1821.9%
18–3419.9%
35–5428.3%
55–6412.7%
65+17.2%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
28.3%
20.1%
57.2%
White28.3%
Black20.1%
Hispanic57.2%
Asian2%
Education (25+)
14.1%
26.6%
25%
34.3%
No HS diploma14.1%
HS diploma26.6%
Some college25%
Bachelor's+34.3%
Housing tenure
65.8%
34.2%
Owner65.8%
Renter34.2%

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

2021 vs 2026

How ZIP 33157 in Miami, FL has changed in 5 years

Rent
$1,788 → $2,515
up 40.7%
Income
$71,824 → $81,589
up 13.6%
Population
69,212 → 70,596
up 2.0%
Renter share
33.8% → 34.2%
+0.4 pts
Bachelor's+
33.1% → 34.3%
+1.2 pts
Median age
39.1 → 41.1
+2.0 yrs

Compared with 2021, rent in ZIP 33157 in Miami, FL has increased by $727 per month, settling near $2,515 after starting the period at $1,788. Household income in the area moved from $71,824 to $81,589 across the same window, up 13.6% versus 2021. Rent outpaced income growth by roughly 27.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 69,212 to 70,596 between 2021 and 2024, a 2.0% change. Reading these numbers side by side helps frame whether current listings in ZIP 33157 in Miami, 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 33157

Last updated: October 17, 2026

ZIP code 33157 covers Miami, FL. The median rent here is $2,515/mo as of October 2026. A 1-bedroom rents for a median of $1,870/mo. A 2-bedroom rents for a median of $2,280/mo.

At 37% of local median household income ($81,589/yr), ZIP 33157 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33157?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (about $49/hour full-time) to afford the median rent of $2,515/mo in ZIP 33157. The local median household income is $81,589/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33157?

Rent in ZIP 33157 has been roughly flat over the past year as of September 2026, a -0.0% change. It sits 1.5% below its high of $2,554 in August 2024.

When is the cheapest time to rent in ZIP 33157?

Asking rents in ZIP 33157 are usually lowest in September, about 0.6% below their yearly trend, and highest in February, about 0.6% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33157?

Yes. From 2019 to 2024, rent in ZIP 33157 rose 61.7% while median household income rose 25.3%, from $65,099 to $81,589. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33157 compare to other ZIPs in Florida?

ZIP 33157 is one of the pricier among Florida ZIP codes for rent, ranking #144 of 656 at $2,515/mo. Over the year to September 2026, rent in ZIP 33157 changed 0.0%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33157 compare to the rest of Miami?

At $2,515/mo, ZIP 33157 is $450 below the Miami citywide median of $2,965/mo. It is the 10th cheapest of 26 ZIP codes in Miami.
Income Affordability
37%
MODERATE

At $2,515/mo, rent takes ~37% of ZIP 33157's median household income ($81,589/yr). The standard benchmark is 30%.

ZIP 33157 37%Benchmark 30%
State income taxNone
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