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Miami city, FL

ZIP 33129 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33129

Median Home Value
$573,900
Median Rent
$2,104
Affordability Snapshot
$158,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,687/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

22.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 33129 in Miami city, FL, a household would need roughly $158,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,687. That is about 53% above the local median household income ($102,969), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
42.8%-35% vs US avg
x
Vacancy Rate
16.1%+56% vs US avg
x
Broadband Access
92.0%+6% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
7.5%-42% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
22.4%-55% vs US avg
x
Mortgage-Free
39.1%+2% vs US avg
x
$573,900
Home Value
$2,104
Rent
1977
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached17.9%
  • 1-unit attached4.2%
  • 2-9 units4.8%
  • 10+ units72.4%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$573,900
Median rent$2,104
Owner-occupied42.8%
Vacant16.1%
Price-to-income5.6x
Est. income to buy$158,000