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Miami city, FL

ZIP 33137 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33137

Median Home Value
$532,900
Median Rent
$2,235
Affordability Snapshot
$147,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,423/mo PITI).

32%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

6.4x
Home Price-to-Income Ratio

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

19.9 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 33137 in Miami city, FL, a household would need roughly $147,000 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 $3,423. That is about 78% above the local median household income ($82,798), 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 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
26.7%-59% vs US avg
x
Vacancy Rate
17.7%+72% vs US avg
x
Broadband Access
88.8%+2% vs US avg
x
4+ Bedrooms
0.5%-96% vs US avg
x
Built Pre-1939
3.5%-72% vs US avg
x
Built Post-2014
3.5%-49% vs US avg
x
Rent Burden >30%
31.3%-37% vs US avg
x
Mortgage-Free
36.8%-4% vs US avg
x
$532,900
Home Value
$2,235
Rent
2006
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached11.9%
  • 1-unit attached2.4%
  • 2-9 units10.3%
  • 10+ units74.9%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$532,900
Median rent$2,235
Owner-occupied26.7%
Vacant17.7%
Price-to-income6.4x
Est. income to buy$147,000