ZIP Code · FL

ZIP 33165

Pop. 48,817·Miami-Dade County·68th most expensive ZIP in Florida
Median rent (all units)
$2,932/mo
Year-over-Year
-2.7%
Month-over-Month
+0.2%
vs US Median
+$1,000
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 33165 · $2,932
More expensive than 89% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,920
1 BR
$2,100
2 BR
$2,560
3 BR
$3,290
4 BR+
$3,800
Research median
$2,560/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 33165 is 3.6% below its high of $3,042 in November 2025, at $2,932 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33165 changed -2.7% 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 4 of the last 12 months.

What a typical income covers

30% of the median household income ($85,200) is $2,130 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,100); a 2-bedroom is $2,560.

Cheaper nearby

ZIP 33174, 2 miles away, rents for 14% less ($2,525/mo), about $4,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33165. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$35,184/yr
At $2,932/mo median
Location
StateFL
CountyMiami-Dade County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.7% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 33165 (University Park, FL) is majority owner-occupied, has a large retiree population, 29.7% of residents hold a bachelor's degree or higher.

Population
48,817
Median income
$85,200
Median age
49.2
Renters
29%
Age distribution
14%
18.1%
26.9%
18.3%
22.6%
Under 1814%
18–3418.1%
35–5426.9%
55–6418.3%
65+22.6%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
25.2%
91%
White25.2%
Black0.9%
Hispanic91%
Asian0.6%
Education (25+)
16%
32.3%
22.1%
29.7%
No HS diploma16%
HS diploma32.3%
Some college22.1%
Bachelor's+29.7%
Housing tenure
71%
29%
Owner71%
Renter29%

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

2023 vs 2026

How ZIP 33165 in University Park, FL has changed in 5 years

Rent
$2,725 → $2,932
up 7.6%
Income
$67,982 → $85,200
up 25.3%
Population
53,198 → 48,817
down 8.2%
Renter share
27.7% → 29%
+1.3 pts
Bachelor's+
27.4% → 29.7%
+2.3 pts
Median age
46 → 49.2
+3.2 yrs

Since 2023, the typical rent in ZIP 33165 in University Park, FL has increased from $2,725 to $2,932, a 7.6% change over five years. Household income in the area moved from $67,982 to $85,200 across the same window, up 25.3% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 8.2% since 2021, moving from about 53,198 residents to roughly 48,817. College-educated residents now make up 29.7% of adults here, versus 27.4% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 33165 in University Park, 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 33165

Last updated: October 17, 2026

ZIP code 33165 covers University Park, FL. The median rent here is $2,932/mo as of October 2026. A 1-bedroom rents for a median of $2,100/mo. A 2-bedroom rents for a median of $2,560/mo.

At 41% of local median household income ($85,200/yr), ZIP 33165 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33165?

To keep rent at or below 30% of gross income, you would need to earn at least $117,000/year (about $56/hour full-time) to afford the median rent of $2,932/mo in ZIP 33165. The local median household income is $85,200/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33165?

Rent in ZIP 33165 has fallen 2.7% over the past year as of September 2026. It sits 3.6% below its high of $3,042 in November 2025.

How does ZIP 33165 compare to other ZIPs in Florida?

ZIP 33165 is one of the pricier among Florida ZIP codes for rent, ranking #68 of 656 at $2,932/mo. Over the year to September 2026, rent in ZIP 33165 changed -2.7%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.
Income Affordability
41%
STRETCHED

At $2,932/mo, rent takes ~41% of ZIP 33165's median household income ($85,200/yr). The standard benchmark is 30%.

ZIP 33165 41%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33165 (University Park, FL)

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