ZIP Code · FL

ZIP 33187

Part of Miami, FL
Pop. 18,174·Miami-Dade County·26th most expensive ZIP in Florida
Median rent (all units)
$3,674/mo
Year-over-Year
Stable
Month-over-Month
-2.4%
vs US Median
+$1,709
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33187 · $3,674
More expensive than 96% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,300
1 BR
$2,510
2 BR
$3,070
3 BR
$3,940
4 BR+
$4,550
Research median
$3,070/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: July 20, 2026

Annual cost
$44,088/yr
At $3,674/mo median
Location
CityMiami
StateFL
CountyMiami-Dade County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-0.0% YoY, -2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 33187 (Miami, FL) is majority owner-occupied, has a median income above the national average, 36.5% of residents hold a bachelor's degree or higher.

Population
18,174
Median income
$115,206
Median age
43.6
Renters
8%
Age distribution
20.2%
18%
29.3%
12.6%
19.8%
Under 1820.2%
18–3418%
35–5429.3%
55–6412.6%
65+19.8%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
25.9%
79.6%
White25.9%
Black8.4%
Hispanic79.6%
Asian1.6%
Education (25+)
12.3%
26.6%
24.6%
36.5%
No HS diploma12.3%
HS diploma26.6%
Some college24.6%
Bachelor's+36.5%
Housing tenure
92%
Owner92%
Renter8%

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

2021 vs 2026

How ZIP 33187 in Miami, FL has changed in 5 years

Income
$97,524 → $115,206
up 18.1%
Population
18,781 → 18,174
down 3.2%
Renter share
12.2% → 8%
-4.2 pts
Bachelor's+
33.5% → 36.5%
+3.0 pts
Median age
41.1 → 43.6
+2.5 yrs

Local incomes tracked alongside that move, going from a median of $97,524 in 2021 to $115,206 more recently. Headcount in the area went from 18,781 to 18,174 between 2021 and 2024, a 3.2% change. About 8% of households rent today, against 12.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 33.5% to 36.5%.

Community

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Local insights

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About renting in ZIP 33187

Last updated: July 20, 2026

ZIP code 33187 covers Miami, FL. The median rent here is $3,674/mo as of July 2026. A 1-bedroom rents for a median of $2,510/mo. A 2-bedroom rents for a median of $3,070/mo.

At 38% of local median household income ($115,206/yr), ZIP 33187 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33187?

As of July 20, 2026, the median monthly rent in ZIP 33187 (Miami, FL) is $3,674. This is based on aggregated data from public sources and community submissions.

How does ZIP 33187 rent compare to the US average?

ZIP 33187's median rent of $3,674/mo is $1,709 (87%) above the US national median of $1,965/mo.

How does ZIP 33187 compare to other ZIPs in Florida?

ZIP 33187 is one of the pricier ZIP codes in Florida, ranking #26 out of 662 ZIPs tracked at $3,674/mo.

How much income do you need to rent in ZIP 33187?

To keep rent at or below 30% of gross income, you would need to earn at least $147,000/year (~$71/hour full-time) to afford the median rent of $3,674/mo in ZIP 33187. The local median household income is $115,206/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33187?

Rent in ZIP 33187 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 33187 an affordable place to rent?

ZIP 33187 is considered moderate for renters. At $3,674/mo, rent takes approximately 38% of the local median household income ($115,206/yr). The standard benchmark is 30%. ZIP 33187 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 33187 residents rent vs. own?

According to Census data, approximately 8% of ZIP 33187 households are renters, while 92% are owner-occupied. ZIP 33187 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33187 compare to the rest of Miami?

ZIP 33187 is pricier than Miami as a whole. At $3,674/mo, it's $670 above the Miami citywide median of $3,004/mo.

When was rent data for ZIP 33187 last updated?

Rent data for ZIP 33187 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
38%
MODERATE

At $3,674/mo, rent takes ~38% of ZIP 33187's median household income ($115,206/yr). The standard benchmark is 30%.

ZIP 33187 38%Benchmark 30%
State income taxNone
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