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North Miami Beach city, FL

ZIP 33162 — 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 33162

Median Home Value
$345,000
Median Rent
$1,382
Affordability Snapshot
$95,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,216/mo PITI).

30%
Rent-to-Income Ratio

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

6.2x
Home Price-to-Income Ratio

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

20.8 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 33162 in North Miami Beach city, FL, a household would need roughly $95,000 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 $2,216. That is about 70% above the local median household income ($55,993), 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
52.8%-19% vs US avg
x
Vacancy Rate
8.5%-18% vs US avg
x
Broadband Access
83.0%-5% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
0.7%-89% vs US avg
x
Rent Burden >30%
38.7%-22% vs US avg
x
Mortgage-Free
44.0%+15% vs US avg
x
$345,000
Home Value
$1,382
Rent
1961
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached53.2%
  • 1-unit attached1.2%
  • 2-9 units8.2%
  • 10+ units37.0%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$345,000
Median rent$1,382
Owner-occupied52.8%
Vacant8.5%
Price-to-income6.2x
Est. income to buy$95,000