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North Miami city, FL

ZIP 33160 — 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 33160

Median Home Value
$360,200
Median Rent
$1,867
Affordability Snapshot
$99,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,314/mo PITI).

36%
Rent-to-Income Ratio

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

5.8x
Home Price-to-Income Ratio

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

16.1 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 33160 in North Miami city, FL, a household would need roughly $99,000 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 $2,314. That is about 59% above the local median household income ($62,413), 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 41% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
59.1%-10% vs US avg
x
Vacancy Rate
40.6%+294% vs US avg
x
Broadband Access
89.7%+3% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
36.3%-27% vs US avg
x
Mortgage-Free
56.9%+49% vs US avg
x
$360,200
Home Value
$1,867
Rent
1980
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 detached4.2%
  • 1-unit attached2.4%
  • 2-9 units1.6%
  • 10+ units91.3%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$360,200
Median rent$1,867
Owner-occupied59.1%
Vacant40.6%
Price-to-income5.8x
Est. income to buy$99,000