ZIP Code · FL

ZIP 33193

Part of Miami, FL

Pop. 47,494·Miami-Dade County·162nd most expensive ZIP in Florida

Median rent (all units)

$2,451/mo

Year-over-Year

+2.3%

Month-over-Month

+0.4%

vs US Median

+$519

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 33193 · $2,451

More expensive than 79% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,970

1 BR

$2,150

2 BR

$2,620

3 BR

$3,360

4 BR+

$3,890

Research median

$2,620/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

December. Asking rents in ZIP 33193 usually run 1.1% below trend in December and 0.9% above it in July, about $49 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33193 is 0.2% below its high of $2,455 in December 2024, at $2,451 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33193 changed +2.3% 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 33193 rose 57% while median household income rose 22.9% ($63,337 to $77,839). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33193 is 56.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($77,839) is $1,946 a month. That is less than HUD's Fair Market Rent for a studio ($1,970).

Rank in Miami

9th cheapest of 26 ZIP codes in Miami.

From Zillow's monthly rent index (ZORI) for ZIP 33193. 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

$29,412/yr

At $2,451/mo median

Location

CityMiami

StateFL

CountyMiami-Dade County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.3% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 33193 (Miami, FL) is majority owner-occupied, 31.7% of residents hold a bachelor's degree or higher.

Population

47,494

Median income

$77,839

Median age

43.2

Renters

41.3%

Age distribution

17.5%

22.4%

28.5%

14.1%

17.5%

Under 1817.5%

18–3422.4%

35–5428.5%

55–6414.1%

65+17.5%

Gender

47.7%

52.3%

Male47.7%

Female52.3%

Race & ethnicity

21.1%

88%

White21.1%

Black1.6%

Hispanic88%

Asian2.6%

Education (25+)

18.6%

29%

20.7%

31.7%

No HS diploma18.6%

HS diploma29%

Some college20.7%

Bachelor's+31.7%

Housing tenure

58.7%

41.3%

Owner58.7%

Renter41.3%

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

2021 vs 2026

How ZIP 33193 in Miami, FL has changed in 5 years

Rent

$1,661 → $2,451

up 47.6%

Income

$67,418 → $77,839

up 15.5%

Population

47,571 → 47,494

down 0.2%

Renter share

39% → 41.3%

+2.3 pts

Bachelor's+

31.8% → 31.7%

-0.1 pts

Median age

41.9 → 43.2

+1.3 yrs

Five years ago, renters in ZIP 33193 in Miami, FL paid around $1,661 a month. That figure now sits near $2,451, up 47.6% from the 2021 baseline. Census figures show median household income at $77,839 today, compared with $67,418 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has risen from 39% to 41.3%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 33193

Last updated: October 17, 2026

ZIP code 33193 covers Miami, FL. The median rent here is $2,451/mo as of October 2026. A 1-bedroom rents for a median of $2,150/mo. A 2-bedroom rents for a median of $2,620/mo.

At 38% of local median household income ($77,839/yr), ZIP 33193 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33193?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,451/mo in ZIP 33193. The local median household income is $77,839/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33193?

Rent in ZIP 33193 has risen 2.3% over the past year as of September 2026. It sits 0.2% below its high of $2,455 in December 2024.

When is the cheapest time to rent in ZIP 33193?

Asking rents in ZIP 33193 are usually lowest in December, about 1.1% below their yearly trend, and highest in July, about 0.9% above it. At today's median that is a gap of roughly $49 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33193?

Yes. From 2019 to 2024, rent in ZIP 33193 rose 57% while median household income rose 22.9%, from $63,337 to $77,839. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33193 compare to other ZIPs in Florida?

ZIP 33193 is one of the pricier among Florida ZIP codes for rent, ranking #162 of 656 at $2,451/mo. Over the year to September 2026, rent in ZIP 33193 changed +2.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.