ZIP Code · FL

ZIP 33176

Part of Miami, FL
Pop. 51,804·Miami-Dade County·236th most expensive ZIP in Florida
Median rent (all units)
$2,266/mo
Year-over-Year
-1.4%
Month-over-Month
-0.7%
vs US Median
+$334
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33176 · $2,266
More expensive than 73% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,960
1 BR
$2,140
2 BR
$2,610
3 BR
$3,350
4 BR+
$3,870
Research median
$2,610/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 33176 is 2.2% below its high of $2,316 in October 2024, at $2,266 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33176 changed -1.4% 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 6 of the last 12 months.

What a typical income covers

30% of the median household income ($86,354) is $2,159 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,140); a 2-bedroom is $2,610.

Rank in Miami

2nd cheapest of 26 ZIP codes in Miami.

From Zillow's monthly rent index (ZORI) for ZIP 33176. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$27,192/yr
At $2,266/mo median
Location
CityMiami
StateFL
CountyMiami-Dade County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.4% YoY, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 33176 (Miami, FL) is majority owner-occupied, 43.7% of residents hold a bachelor's degree or higher.

Population
51,804
Median income
$86,354
Median age
41.2
Renters
38.3%
Age distribution
21.8%
19.7%
25.5%
13%
20%
Under 1821.8%
18–3419.7%
35–5425.5%
55–6413%
65+20%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
32.8%
64.8%
White32.8%
Black9%
Hispanic64.8%
Asian1.9%
Education (25+)
22.2%
26.4%
43.7%
No HS diploma7.7%
HS diploma22.2%
Some college26.4%
Bachelor's+43.7%
Housing tenure
61.7%
38.3%
Owner61.7%
Renter38.3%

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

2022 vs 2026

How ZIP 33176 in Miami, FL has changed in 5 years

Rent
$1,936 → $2,266
up 17.0%
Income
$73,960 → $86,354
up 16.8%
Population
52,932 → 51,804
down 2.1%
Renter share
36.1% → 38.3%
+2.2 pts
Bachelor's+
40.6% → 43.7%
+3.1 pts

Across the past five years, the going rent in ZIP 33176 in Miami, FL has shifted from $1,936 to $2,266, up 17.0% since 2022. Local incomes tracked alongside that move, going from a median of $73,960 in 2021 to $86,354 more recently. Census counts show ZIP 33176 in Miami, FL losing about 1,128 residents over the five-year window, down 2.1% on net. The renter share has risen from 36.1% to 38.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 40.6% to 43.7% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33176 in Miami, FL market of 2022.

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Local insights

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About renting in ZIP 33176

Last updated: October 17, 2026

ZIP code 33176 covers Miami, FL. The median rent here is $2,266/mo as of October 2026. A 1-bedroom rents for a median of $2,140/mo. A 2-bedroom rents for a median of $2,610/mo.

At 31% of local median household income ($86,354/yr), ZIP 33176 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33176?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (about $44/hour full-time) to afford the median rent of $2,266/mo in ZIP 33176. The local median household income is $86,354/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33176?

Rent in ZIP 33176 has fallen 1.4% over the past year as of September 2026. It sits 2.2% below its high of $2,316 in October 2024.

How does ZIP 33176 compare to other ZIPs in Florida?

ZIP 33176 is in the middle among Florida ZIP codes for rent, ranking #236 of 656 at $2,266/mo. Over the year to September 2026, rent in ZIP 33176 changed -1.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33176 compare to the rest of Miami?

At $2,266/mo, ZIP 33176 is $699 below the Miami citywide median of $2,965/mo. It is the 2nd cheapest of 26 ZIP codes in Miami.
Income Affordability
31%
MODERATE

At $2,266/mo, rent takes ~31% of ZIP 33176's median household income ($86,354/yr). The standard benchmark is 30%.

ZIP 33176 31%Benchmark 30%
State income taxNone
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Public schools near ZIP 33176 (Miami, FL)

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