ZIP reports / FL / 33143
ZIP rental intelligence · 2026-06

ZIP 33143, Miami, FL

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 33143?

The latest Zillow ZORI for ZIP 33143 is $2,769 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$2,7692026-06 · up 1.0% year over year
ACS median gross rent$1,928ACS 2024 5-year survey · ±$80 margin of error
HUD two-bedroom standard$2,333Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 33143
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$2,122ZORI scaled by the local HUD bedroom ladder$1,788HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$2,256ZORI scaled by the local HUD bedroom ladder$1,901HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$2,769ZORI scaled by the local HUD bedroom ladder$2,333HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$3,711ZORI scaled by the local HUD bedroom ladder$3,127HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$4,288ZORI scaled by the local HUD bedroom ladder$3,613HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$83,008ACS 2024 5-year · ±$7,337 MOE
Renter share47.5%6,756 renter households
Rent burden 30%+57.7%3,899 observed households
Housing vacancy9.4%1,470 of 15,704 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 33143Zillow asking-rent index$2,769ACS median gross rent$1,928HUD two-bedroom standard$2,333

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 33143ACS median household income$83,008Income at 30% of ZIP ZORI$110,760

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 33143Studio$2,122One bedroom$2,256Two bedrooms$2,769Three bedrooms$3,711Four bedrooms$4,288

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 3314330% or more of income3,899 householdsBelow 30%2,857 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 33143ZIP 33143$2,769Miami city$3,004Miami-Dade County county$2,886Miami-Fort Lauderdale-Pompano Beach, FL metro$2,695

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 33143; missing months remain gaps$2,906$2,563$2,221$1,8782021-062023-122026-06
Five-year change
39.1%exact same-month endpoints
Largest observed drawdown
5.6%peak to a later observed month
Annualized monthly variability
3.1%137 consecutive returns
Monthly coverage
100.0%138 of 138 months
Decision brief

What the evidence says for ZIP 33143

Rent and resale are pulling in notably different directions in 33143. Zillow ZORI for June 2026 is $2,769, a typical observed asking-rent index blended across rental types, and it is only 0.97% above its year-earlier level. That asking-rent reading sits below the $3,004 Miami city context rent and the $2,886 Miami-Dade County context rent, while remaining above the $2,695 Miami-Fort Lauderdale-Pompano Beach, FL metro context rent. Those city, county, and metro values are wider-area context, not substitutes for the ZIP-level Zillow observation. The immediate signal is therefore a relatively modest local asking-rent increase despite a rent level that remains substantial in household-income terms.

The 33143 label is both a Zillow ZIP market identifier and a matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. In the ACS 2024 5-year survey, median gross rent was $1,928, with an $80 margin of error. ACS gross rent measures occupied renter homes and includes selected utilities, making it a different universe from Zillow's current asking-rent index. The current Zillow figure is 43.6% above the ACS median gross-rent estimate. That spread can reflect differing timing, rental stock, occupancy status, and utility treatment; it should not be read as a measured increase for a particular apartment or house.

A mechanical 30% income screen converts the current $2,769 monthly Zillow asking-rent index into $110,760 of annual income. That is above the ZCTA's $83,008 median household income, and the index equals 40.0% of that median income when expressed as a monthly rent-to-income comparison. This is arithmetic rather than advice, an applicant qualification rule, or a claim about any household's actual budget. The ACS burden data provide a separate occupied-renter view: 3,899 of 6,756 renter households, or 57.7%, reported spending at least 30% of income on rent. Neither the screen nor the burden share proves affordability, utility costs, or financial pressure for a particular available unit.

The bedroom figures are modelled estimates, not measured bedroom rents. They scale the ZIP's Zillow ZORI using the local HUD bedroom ladder: $2,122 for a studio, $2,256 for one bedroom, the Zillow-aligned two-bedroom figure, $3,711 for three bedrooms, and $4,288 for four bedrooms. HUD's local two-bedroom standard is $2,333, making the modelled two-bedroom estimate 18.7% higher. HUD FMR or SAFMR figures are administrative, bedroom-specific standards rather than asking rents, so they are useful for creating a proportional ladder but not for establishing what an owner is currently requesting for a comparably sized residence.

The rent history is positive over each reported same-month horizon, but the pace has slowed. The one-year change is 0.97%, compared with annualized gains of 1.52% across three years and 6.83% across five years. Recent direction therefore confirms that the index remains above prior-year levels, yet it breaks from the materially stronger longer-run growth path. The history has complete available monthly coverage through its endpoint. Month-to-month Zillow ZORI returns translate to 3.12% annualized variability, which limits confidence in treating one current index point as a precise unit-level quote. Its worst historical peak-to-trough decline was 5.57%, evidence that the earlier path was not uninterrupted. Transparent national discovery ranks among history-eligible ZIPs were 1,899 for momentum, 1,808 for stability, and 2,170 for the balanced measure; these are backward-looking measurements, not forecasts or investment recommendations.

ACS housing-stock estimates show 15,704 housing units, including both single-family and large multifamily structures. Of those units, 1,470 were vacant, producing a 9.4% vacancy rate, while renters accounted for 47.5% of occupied homes. The survey also counted 562 vacant units classified as for rent. These figures describe a multi-year statistical stock and vacancy snapshot, not a live inventory feed or proof that a given property is available. In particular, a vacancy classification cannot establish lease concessions, physical condition, price flexibility, or the likely turnover of any specific rental address.

The direct rolling-three-month Redfin ZIP resale observation adds a counterweight to the slow rent-growth signal. Median sold price was $1,349,695, up 22.7% year over year, with 106 homes sold and median marketing time of 105 days. Inventory was 178 homes and months of supply stood at 5.1. Sales averaged 95.1% of list price, while the share sold above list was limited, which is a for-sale market signal rather than rental evidence. Annualized ZIP ZORI divided by the median sold price is 2.46%, but this is only a cross-source screening ratio, not a cap rate, net return, expected return, or property yield. The resale price increase challenges any assumption that subdued recent asking-rent growth necessarily moves in step with the ZIP's sale market.

The evidence supports comparison, not projection. Zillow measures current ZIP asking-rent conditions, ACS summarizes occupied renter households in the matched ZCTA, HUD supplies an administrative bedroom ladder, and Redfin records ZIP resale activity. Before relying on a rental decision, verify the actual asking rent, lease term, utility treatment, bedroom configuration, availability date, concessions, and condition for the specific unit. For a purchase-related review, separately check the relevant listing and sale records, marketing history, and property characteristics rather than applying ZIP medians to an individual home. The central question is whether the actual unit terms align with the broad rent, household, and resale signals that these separate evidence universes can support.

Decision signals

What deserves a closer property-level check

Current asking rent is high relative to household-income benchmarks

The June 2026 Zillow ZORI of $2,769 is a ZIP-level typical asking-rent index, not a unit quote. A mechanical 30% screen implies $110,760 in annual income, above the matched ZCTA's $83,008 median household income. This comparison is descriptive arithmetic and should not be treated as applicant guidance or a statement about any household's actual finances.

Recent rent growth is positive but slower than the longer record

Same-month Zillow history shows a 0.97% one-year increase, versus annualized growth of 1.52% over three years and 6.83% over five years. The pattern retains positive recent direction but does not sustain the stronger long-run pace. Monthly variability and historical drawdown mean that a single current index should be used as a broad market reference rather than a precise property value.

Survey rent and current asking rent should not be combined as one series

ACS median gross rent of $1,928 comes from a five-year survey of occupied renter homes and includes selected utilities. Zillow ZORI reflects current asking-rent conditions across rental types. The difference between them is decision-relevant, but it does not identify a rent increase for a specific property because timing, occupancy, utilities, and housing mix differ between the source universes.

Resale evidence is strong in price terms but is not rental economics

Redfin's direct rolling-three-month ZIP resale record shows a $1,349,695 median sold price and a 22.7% annual increase, alongside 105 median days on market and 5.1 months of supply. This for-sale evidence contrasts with muted recent asking-rent growth. The 2.46% rent-price figure is only an annualized ZORI-to-sale-price screening ratio, not a return measure.

  • Zillow ZORI is a blended asking-rent index rather than a quote for a particular unit, so bedroom count, condition, included utilities, lease duration, and concessions can create material differences from the ZIP figure.
  • ACS ZCTA estimates summarize occupied renter homes over five survey years and do not match either current available listings or USPS delivery boundaries exactly, limiting direct comparison with a current ZIP asking-rent index.
  • The HUD-scaled bedroom ladder is modelled from the ZIP ZORI and administrative standards. It should not be used as evidence that any studio, one-bedroom, or larger unit is currently offered at those amounts.
  • Redfin resale data concern completed home sales rather than rental transactions. Median sale price, supply, marketing time, and sale-to-list results cannot establish operating costs, rental demand, or economics for a specific property.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 33143

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$1,349,695+22.7% year over year
Homes sold106rolling three-month observation
Median days on market105 daysfor-sale listing absorption
Months of supply5.1resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 33143Active listings311Inventory178Pending sales93Homes sold106

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

178 observed inventory · -11.7% year over year.

Price realization

95.1% average sale-to-list ratio · 4.9% sold above original list.

Early absorption

15.0% went off market within two weeks; compare this with 105 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Miami-Dade County listing conditions

17,024 active Realtor.com listings · 86 median days on market · 12.2% price-reduced share · 2026-06.

Miami-Fort Lauderdale-Pompano Beach, FL resale supply

n/a · n/a · n/a listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

6.8% reported apartment vacancy · 27 days on market. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 33143. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

Why is Zillow ZORI higher than the ACS median gross-rent estimate?

The sources observe different housing universes. Zillow ZORI is a current ZIP-level index of typical observed asking rents across rental types, while ACS median gross rent is a five-year survey estimate for occupied renter homes and includes selected utilities. Different timing, occupancy status, utility treatment, and housing composition can all produce a substantial difference without identifying a change for one unit.

Are the bedroom rent figures observed market rents?

No. The studio through four-bedroom figures are modelled ZIP estimates that scale the overall Zillow ZORI using the local HUD bedroom ladder. HUD standards are administrative bedroom-specific benchmarks, not asking-rent observations. The modelled ladder is useful for proportional comparison, but a reader should verify the actual listing price, layout, utility treatment, and condition for any particular unit.

What does the 30% required-income screen mean?

It divides annualized current Zillow ZORI by 30% to show the income level that corresponds arithmetically to that rent share. It is not financial advice, a tenant-screening policy, or an applicant qualification rule. Household income, taxes, debts, utilities, household size, lease terms, and actual rent can differ materially from this broad ZIP-level calculation.

Does the resale price increase prove that rental conditions are strengthening?

No. Redfin's rolling-three-month data record ZIP for-sale transactions, whereas Zillow measures asking rents and ACS describes occupied renter households. The higher median sold price and slower recent rent growth are a tension worth monitoring, but they do not establish causation or forecast either market. Property-specific listing, lease, and sale records remain necessary for a concrete decision.