ZIP Code · FL

ZIP 33187

Part of Miami, FL

Pop. 18,174·Miami-Dade County·31st most expensive ZIP in Florida

Median rent (all units)

$3,680/mo

Year-over-Year

+0.3%

Month-over-Month

+4.6%

vs US Median

+$1,748

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 33187 · $3,680

More expensive than 96% of US ZIP codes · National median $1,932/mo

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Is your rent fair?

Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Florida

Rent in ZIP 33187 changed +0.3% 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 6 of the last 12 months.

What a typical income covers

30% of the median household income ($115,206) is $2,880 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,510); a 2-bedroom is $3,070.

Rank in Miami

25th cheapest of 26 ZIP codes in Miami.

Cheaper nearby

ZIP 33196, 4 miles away, rents for 30% less ($2,570/mo), about $13,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33187. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$44,160/yr

At $3,680/mo median

Location

CityMiami

StateFL

CountyMiami-Dade County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.3% YoY, +4.6% 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

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

Tips for renters in ZIP 33187

About renting in ZIP 33187

Last updated: October 17, 2026

ZIP code 33187 covers Miami, FL. The median rent here is $3,680/mo as of October 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 increased 0.3% over the past year.

FAQ

Frequently asked questions

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 (about $71/hour full-time) to afford the median rent of $3,680/mo in ZIP 33187. The local median household income is $115,206/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33187?

Rent in ZIP 33187 has been roughly flat over the past year, a +0.3% change.

How does ZIP 33187 compare to other ZIPs in Florida?

ZIP 33187 is one of the pricier among Florida ZIP codes for rent, ranking #31 of 656 at $3,680/mo. Over the year to September 2026, rent in ZIP 33187 changed +0.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.