ZIP Code · FL

ZIP 33162

Part of North Miami Beach, FL

Pop. 46,606·Miami-Dade County·274th most expensive ZIP in Florida

Median rent (all units)

$2,166/mo

Year-over-Year

-0.5%

Month-over-Month

+0.5%

vs US Median

+$234

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 33162 · $2,166

More expensive than 69% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,580

1 BR

$1,730

2 BR

$2,110

3 BR

$2,710

4 BR+

$3,130

Research median

$2,110/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

January. Asking rents in ZIP 33162 usually run 0.7% below trend in January and 0.6% above it in August, about $28 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33162 is 2.8% below its high of $2,228 in January 2025, at $2,166 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33162 changed -0.5% 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 33162 rose 52.6% while median household income rose 34.6% ($45,080 to $60,692). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33162 is 50.3% 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 5 of the last 12 months.

What a typical income covers

30% of the median household income ($60,692) is $1,517 a month. That is less than HUD's Fair Market Rent for a studio ($1,580).

From Zillow's monthly rent index (ZORI) for ZIP 33162. 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

$25,992/yr

At $2,166/mo median

Location

CityNorth Miami Beach

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 (-0.5% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 33162 (North Miami Beach, FL) is roughly split between renters and owners, has a median income below the national average, 23.3% of residents hold a bachelor's degree or higher.

Population

46,606

Median income

$60,692

Median age

37.4

Renters

46.5%

Age distribution

24%

23.4%

24.3%

17.3%

Under 1824%

18–3423.4%

35–5424.3%

55–6410.9%

65+17.3%

Gender

47.6%

52.4%

Male47.6%

Female52.4%

Race & ethnicity

16%

54.7%

29.2%

White16%

Black54.7%

Hispanic29.2%

Asian3.2%

Education (25+)

19.9%

32.7%

24.1%

23.3%

No HS diploma19.9%

HS diploma32.7%

Some college24.1%

Bachelor's+23.3%

Housing tenure

53.5%

46.5%

Owner53.5%

Renter46.5%

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

2021 vs 2026

How ZIP 33162 in North Miami Beach, FL has changed in 5 years

Rent

$1,581 → $2,166

up 37.0%

Income

$50,751 → $60,692

up 19.6%

Population

47,698 → 46,606

down 2.3%

Renter share

47.2% → 46.5%

-0.7 pts

Bachelor's+

21.7% → 23.3%

+1.6 pts

Median age

36.4 → 37.4

+1.0 yrs

Since 2021, the typical rent in ZIP 33162 in North Miami Beach, FL has increased from $1,581 to $2,166, a 37.0% change over five years. Household income in the area moved from $50,751 to $60,692 across the same window, up 19.6% 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 2.3% since 2021, moving from about 47,698 residents to roughly 46,606. Reading these numbers side by side helps frame whether current listings in ZIP 33162 in North Miami Beach, FL look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 33162

Last updated: October 17, 2026

ZIP code 33162 covers North Miami Beach, FL. The median rent here is $2,166/mo as of October 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,110/mo.

At 43% of local median household income ($60,692/yr), ZIP 33162 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33162?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (about $42/hour full-time) to afford the median rent of $2,166/mo in ZIP 33162. The local median household income is $60,692/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33162?

Rent in ZIP 33162 has been roughly flat over the past year as of September 2026, a -0.5% change. It sits 2.8% below its high of $2,228 in January 2025.

When is the cheapest time to rent in ZIP 33162?

Asking rents in ZIP 33162 are usually lowest in January, about 0.7% below their yearly trend, and highest in August, about 0.6% above it. At today's median that is a gap of roughly $28 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33162?

Yes. From 2019 to 2024, rent in ZIP 33162 rose 52.6% while median household income rose 34.6%, from $45,080 to $60,692. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33162 compare to other ZIPs in Florida?

ZIP 33162 is in the middle among Florida ZIP codes for rent, ranking #274 of 656 at $2,166/mo. Over the year to September 2026, rent in ZIP 33162 changed -0.5%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.