ZIP Code · FL

ZIP 33177

Part of Miami, FL
Pop. 59,056·Miami-Dade County·83rd most expensive ZIP in Florida
Median rent (all units)
$2,786/mo
Year-over-Year
+4.8%
Month-over-Month
+2.1%
vs US Median
+$854
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33177 · $2,786
More expensive than 86% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,180
1 BR
$2,370
2 BR
$2,900
3 BR
$3,720
4 BR+
$4,300
Research median
$2,900/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

March. Asking rents in ZIP 33177 usually run 0.6% below trend in March and 0.5% above it in October, about $31 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33177 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in ZIP 33177 changed +4.8% 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 33177 rose 63.5% while median household income rose 35.5% ($61,033 to $82,682). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33177 is 71.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($82,682) is $2,067 a month. That is less than HUD's Fair Market Rent for a studio ($2,180).

Rank in Miami

17th cheapest of 26 ZIP codes in Miami.

Cheaper nearby

ZIP 33186, 4 miles away, rents for 11% less ($2,475/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33177. 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
$33,432/yr
At $2,786/mo median
Location
CityMiami
StateFL
CountyMiami-Dade County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.8% YoY, +2.1% MoM), not inventory.
Demographics

Who lives here

ZIP 33177 (Miami, FL) is majority owner-occupied, 23.2% of residents hold a bachelor's degree or higher.

Population
59,056
Median income
$82,682
Median age
42
Renters
23.4%
Age distribution
20.2%
19.7%
28.8%
14.2%
17.1%
Under 1820.2%
18–3419.7%
35–5428.8%
55–6414.2%
65+17.1%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
20%
77.8%
White20%
Black12.3%
Hispanic77.8%
Asian1.4%
Education (25+)
15.6%
36.2%
25%
23.2%
No HS diploma15.6%
HS diploma36.2%
Some college25%
Bachelor's+23.2%
Housing tenure
76.6%
23.4%
Owner76.6%
Renter23.4%

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

2021 vs 2026

How ZIP 33177 in Miami, FL has changed in 5 years

Rent
$1,829 → $2,786
up 52.3%
Income
$66,492 → $82,682
up 24.3%
Population
57,167 → 59,056
up 3.3%
Renter share
25.5% → 23.4%
-2.1 pts
Bachelor's+
21.8% → 23.2%
+1.4 pts
Median age
41.2 → 42
+0.8 yrs

Compared with 2021, rent in ZIP 33177 in Miami, FL has climbed by $957 per month, settling near $2,786 after starting the period at $1,829. Local incomes tracked alongside that move, going from a median of $66,492 in 2021 to $82,682 more recently. Rent outpaced income growth by roughly 28.0 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 57,167 to 59,056 between 2021 and 2024, a 3.3% change. About 23.4% of households rent today, against 25.5% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33177 in Miami, FL market of 2021.

Community

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Local insights

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About renting in ZIP 33177

Last updated: October 17, 2026

ZIP code 33177 covers Miami, FL. The median rent here is $2,786/mo as of October 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,900/mo.

At 40% of local median household income ($82,682/yr), ZIP 33177 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33177?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (about $53/hour full-time) to afford the median rent of $2,786/mo in ZIP 33177. The local median household income is $82,682/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33177?

Rent in ZIP 33177 has risen 4.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 33177?

Asking rents in ZIP 33177 are usually lowest in March, about 0.6% below their yearly trend, and highest in October, about 0.5% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33177?

Yes. From 2019 to 2024, rent in ZIP 33177 rose 63.5% while median household income rose 35.5%, from $61,033 to $82,682. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33177 compare to other ZIPs in Florida?

ZIP 33177 is one of the pricier among Florida ZIP codes for rent, ranking #83 of 656 at $2,786/mo. Over the year to September 2026, rent in ZIP 33177 changed +4.8%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33177 compare to the rest of Miami?

At $2,786/mo, ZIP 33177 is $179 below the Miami citywide median of $2,965/mo. It is the 17th cheapest of 26 ZIP codes in Miami.
Income Affordability
40%
MODERATE

At $2,786/mo, rent takes ~40% of ZIP 33177's median household income ($82,682/yr). The standard benchmark is 30%.

ZIP 33177 40%Benchmark 30%
State income taxNone
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