Housing market/Florida/ZIP 33129

ACS 2023 · FY2027 SAFMR

ZIP 33129 Miami, Florida

Miami-Miami Beach-Kendall, FL HUD Metro FMR Area · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
14,717
Households
6,946
Median HH income
$102,969
Renter share
57.2%
Median gross rent
$2,241
Vacancy
16.1%
Pop. change
+12.1%
2BR SAFMR
$3,220
SAFMR / rent
1.437×
2–49 unit stock
1,568
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33129 · FL — sent to you.

ZIP 33129 · FL

ACS median rent$2,241
2BR SAFMR$3,220
90% floor$2,898
110% ceiling$3,542

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 33129

  • 1-unit detached1,48117.9%
  • 1-unit attached3494.2%
  • 2–4 units2713.3%
  • 5–49 units1,29715.7%
  • 50+ units4,82258.3%
  • Mobile550.7%
TypeUnitsShare
1-unit detached1,48117.9%
1-unit attached3494.2%
2 units (duplex)1712.1%
3–4 units1001.2%
5–9 units1281.5%
10–19 units3914.7%
20–49 units7789.4%
50+ units4,82258.3%
Mobile550.7%

2–4 unit share 3.3% · 5–49 unit share 15.7% · combined 2–49 18.9%.

Units by bedrooms

Studio
419
1BR
2,408
2BR
3,046
3BR
1,782
4BR
412
5+
208

Rent burden

Rent ≥30% of income61.7%
Rent ≥50% of income22.4%
  • ACS median gross rent $2,241 (all bedrooms, occupied rentals).
  • Median contract rent $2,104.
  • Renters paying ≥30% of income 61.7%; ≥50% 22.4%.
  • FY2027 2BR SAFMR $3,220 (1.437× ACS median gross rent).

Population

14,717 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 13,292 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 33129 57.2% of occupied households are renters; vacancy is 16.1%; ACS median gross rent is $2,241; population increased +12.1% between the 2018 and 2023 ACS vintages; the housing stock includes 271 units in 2–4-unit structures and 1,297 units in 5–49-unit structures; FY2027 2BR SAFMR is $3,220 versus ACS median gross rent of $2,241. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Florida research

ZIP 33129 is a Census / HUD profile for Miami-Miami Beach-Kendall, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Florida research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 33129?

ZIP 33129 (Miami-Miami Beach-Kendall, FL HUD Metro FMR Area) has 14,717 residents, 6,946 households, a renter share of 57.2%, median household income of $102,969, and ACS 2023 median gross rent of $2,241. Vacancy is 16.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33129?

ACS counts 171 units in 2-unit buildings, 100 in 3–4 unit buildings, 128 in 5–9, 391 in 10–19, and 778 in 20–49. Combined 2–49 unit stock is 1,568 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33129?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,220. See the full schedule and 90–110% payment-standard band on the ZIP 33129 — Miami, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33129 is Census / HUD research for Miami-Miami Beach-Kendall, FL HUD Metro FMR Area. Jeff Crowe CRE does not list Florida property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.