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Miami city, FL

ZIP 33150 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33150

Median Home Value
$377,700
Median Rent
$1,045
Affordability Snapshot
$104,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,426/mo PITI).

31%
Rent-to-Income Ratio

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

9.3x
Home Price-to-Income Ratio

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

30.1 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 33150 in Miami city, FL, a household would need roughly $104,000 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 $2,426. That is about 155% above the local median household income ($40,802), 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
29.7%-55% vs US avg
x
Vacancy Rate
9.8%-4% vs US avg
x
Broadband Access
71.5%-18% vs US avg
x
4+ Bedrooms
0.4%-97% vs US avg
x
Built Pre-1939
18.4%+43% vs US avg
x
Built Post-2014
1.1%-83% vs US avg
x
Rent Burden >30%
29.8%-40% vs US avg
x
Mortgage-Free
44.0%+15% vs US avg
x
$377,700
Home Value
$1,045
Rent
1959
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached42.1%
  • 1-unit attached8.9%
  • 2-9 units20.8%
  • 10+ units18.5%
  • Mobile home & other9.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$377,700
Median rent$1,045
Owner-occupied29.7%
Vacant9.8%
Price-to-income9.3x
Est. income to buy$104,000