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Miami city, FL

ZIP 33142 — Housing & Real Estate

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

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33142

Median Home Value
$298,000
Median Rent
$1,138
Affordability Snapshot
$82,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,914/mo PITI).

36%
Rent-to-Income Ratio

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

7.9x
Home Price-to-Income Ratio

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

21.8 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 33142 in Miami city, FL, a household would need roughly $82,000 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 $1,914. That is about 116% above the local median household income ($37,900), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
29.5%-55% vs US avg
x
Vacancy Rate
8.6%-17% vs US avg
x
Broadband Access
66.7%-23% vs US avg
x
4+ Bedrooms
1.1%-92% vs US avg
x
Built Pre-1939
11.5%-10% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
37.8%-24% vs US avg
x
Mortgage-Free
48.2%+26% vs US avg
x
$298,000
Home Value
$1,138
Rent
1966
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached38.2%
  • 1-unit attached12.9%
  • 2-9 units19.3%
  • 10+ units26.0%
  • Mobile home & other3.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$298,000
Median rent$1,138
Owner-occupied29.5%
Vacant8.6%
Price-to-income7.9x
Est. income to buy$82,000