ZIP Code · FL

ZIP 33173

Part of Miami, FL

Pop. 31,778·Miami-Dade County·121st most expensive ZIP in Florida

Median rent (all units)

$2,607/mo

Year-over-Year

-1.6%

Month-over-Month

-0.7%

vs US Median

+$675

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 33173 · $2,607

More expensive than 82% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,080

1 BR

$2,270

2 BR

$2,770

3 BR

$3,560

4 BR+

$4,110

Research median

$2,770/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 33173 is 1.5% below its high of $2,648 in September 2025, at $2,607 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33173 changed -1.5% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($88,271) is $2,207 a month. That covers HUD's Fair Market Rent for up to a studio ($2,080); a 1-bedroom is $2,270.

Rank in Miami

12th cheapest of 26 ZIP codes in Miami.

Cheaper nearby

ZIP 33176, 3 miles away, rents for 13% less ($2,266/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33173. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$31,284/yr

At $2,607/mo median

Location

CityMiami

StateFL

CountyMiami-Dade County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 1.6% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-1.6% YoY, -0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 33173 (Miami, FL) is majority owner-occupied, has a large retiree population, 42.8% of residents hold a bachelor's degree or higher.

Population

31,778

Median income

$88,271

Median age

44.5

Renters

27.9%

Age distribution

19%

17.8%

25.9%

15%

22.4%

Under 1819%

18–3417.8%

35–5425.9%

55–6415%

65+22.4%

Gender

45.7%

54.3%

Male45.7%

Female54.3%

Race & ethnicity

31.8%

75.5%

White31.8%

Black1.8%

Hispanic75.5%

Asian1.7%

Education (25+)

19.8%

29.1%

42.8%

No HS diploma8.3%

HS diploma19.8%

Some college29.1%

Bachelor's+42.8%

Housing tenure

72.1%

27.9%

Owner72.1%

Renter27.9%

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

2022 vs 2026

How ZIP 33173 in Miami, FL has changed in 5 years

Rent

$2,252 → $2,607

up 15.8%

Income

$77,108 → $88,271

up 14.5%

Population

33,089 → 31,778

down 4.0%

Renter share

31.2% → 27.9%

-3.3 pts

Bachelor's+

41.3% → 42.8%

+1.5 pts

Compared with 2022, rent in ZIP 33173 in Miami, FL has climbed by $355 per month, settling near $2,607 after starting the period at $2,252. On the earnings side, the typical household in ZIP 33173 in Miami, FL now reports about $88,271, up from $77,108 in 2021. Headcount in the area went from 33,089 to 31,778 between 2021 and 2024, a 4.0% change. About 27.9% of households rent today, against 31.2% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33173 in Miami, FL reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 33173

Last updated: October 17, 2026

ZIP code 33173 covers Miami, FL. The median rent here is $2,607/mo as of October 2026. A 1-bedroom rents for a median of $2,270/mo. A 2-bedroom rents for a median of $2,770/mo.

At 35% of local median household income ($88,271/yr), ZIP 33173 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33173?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (about $50/hour full-time) to afford the median rent of $2,607/mo in ZIP 33173. The local median household income is $88,271/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33173?

Rent in ZIP 33173 has fallen 1.6% over the past year as of September 2026. It sits 1.5% below its high of $2,648 in September 2025.

How does ZIP 33173 compare to other ZIPs in Florida?

ZIP 33173 is one of the pricier among Florida ZIP codes for rent, ranking #121 of 656 at $2,607/mo. Over the year to September 2026, rent in ZIP 33173 changed -1.5%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.