ZIP Code · FL

ZIP 33194

Pop. 8,069·Miami-Dade County·20th most expensive ZIP in Florida
Median rent (all units)
$3,789/mo
Year-over-Year
Stable
Month-over-Month
+1.3%
vs US Median
+$1,841
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33194 · $3,789
More expensive than 97% of US ZIP codes · National median $1,948/mo
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Medians by bedroom

Rent by unit size

Studio
$2,740
1 BR
$2,990
2 BR
$3,650
3 BR
$4,680
4 BR+
$5,410
Research median
$3,650/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($126,250) is $3,156 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,990); a 2-bedroom is $3,650.

Cheaper nearby

ZIP 33196, 7 miles away, rents for 31% less ($2,614/mo), about $14,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33194. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$45,468/yr
At $3,789/mo median
Location
StateFL
CountyMiami-Dade County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 33194 (Olympia heights, FL) is majority owner-occupied, has a median income above the national average, 33.1% of residents hold a bachelor's degree or higher.

Population
8,069
Median income
$126,250
Median age
45.4
Renters
24.1%
Age distribution
15.8%
17.5%
37.3%
16.2%
13.2%
Under 1815.8%
18–3417.5%
35–5437.3%
55–6416.2%
65+13.2%
Gender
60.8%
39.2%
Male60.8%
Female39.2%
Race & ethnicity
34%
78.5%
White34%
Black10.7%
Hispanic78.5%
Asian1%
Education (25+)
17.3%
21.1%
28.5%
33.1%
No HS diploma17.3%
HS diploma21.1%
Some college28.5%
Bachelor's+33.1%
Housing tenure
75.9%
24.1%
Owner75.9%
Renter24.1%

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

2021 vs 2026

How ZIP 33194 in Olympia heights, FL has changed in 5 years

Income
$119,740 → $126,250
up 5.4%
Population
9,388 → 8,069
down 14.0%
Renter share
23.2% → 24.1%
+0.9 pts
Bachelor's+
37.8% → 33.1%
-4.7 pts
Median age
41.7 → 45.4
+3.7 yrs

Census figures show median household income at $126,250 today, compared with $119,740 five years earlier. The population has contracted by 14.0% since 2021, moving from about 9,388 residents to roughly 8,069. College-educated residents now make up 33.1% of adults here, versus 37.8% in 2021.

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Local insights

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About renting in ZIP 33194

Last updated: September 25, 2026

ZIP code 33194 covers Olympia heights, FL. The median rent here is $3,789/mo as of September 2026. A 1-bedroom rents for a median of $2,990/mo. A 2-bedroom rents for a median of $3,650/mo.

At 36% of local median household income ($126,250/yr), ZIP 33194 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33194?

To keep rent at or below 30% of gross income, you would need to earn at least $152,000/year (about $73/hour full-time) to afford the median rent of $3,789/mo in ZIP 33194. The local median household income is $126,250/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33194?

Rent in ZIP 33194 has been roughly flat over the past year, a 0.0% change.

How does ZIP 33194 compare to other ZIPs in Florida?

ZIP 33194 is one of the pricier among Florida ZIP codes for rent, ranking #20 of 665 at $3,789/mo.
Income Affordability
36%
MODERATE

At $3,789/mo, rent takes ~36% of ZIP 33194's median household income ($126,250/yr). The standard benchmark is 30%.

ZIP 33194 36%Benchmark 30%
State income taxNone
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Public schools near ZIP 33194 (Olympia heights, FL)

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