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Rental Insights for ZIP Code 33149 (Key Biscayne, FL)

Housing Rentals in ZIP Code 33149 (Key Biscayne, FL)

33149 ZIP Code in Florida

An In-depth Rental Snapshot of ZIP Code 33149

The 33149 ZIP Code is primarily located in Key Biscayne, FL in Miami-Dade County. The estimated median housing rent in this Florida region is $2,548 per month. Approximately 30.4% of housing units in this Miami-Dade County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 11.9%.

The median rent in ZIP Code 33149 of $2,548 per month is 117% higher than the aggregate Florida median monthly rent of $1,175, and is 140% higher than the $1,062 the median monthly rent in the U.S. overall. About 27.9% of residents in ZIP Code 33149 pay $3,000 or more per month for rent. That is 1760% higher than in Florida overall, in which 1.5% of total state residents pay $3,000 or more per month for housing. Just 2.2% of renters in ZIP Code 33149 pay less than $500 for monthly rent.

ZIP Code 33149 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 33149

See the chart below for a comparison of monthly rental costs in ZIP Code 33149, Florida, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 33149 along with those in the state of Florida and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 33149

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 33149 Florida U.S.
Less than $500 2.2% 5.3% 9.4%
$500 to $999 4.1% 29.0% 36.2%
$1,000 to $1,499 8.3% 39.0% 30.0%
$1,500 to $1,999 19.6% 17.8% 14.0%
$2,000 to $2,499 13.4% 5.5% 5.6%
$2,500 to $2,999 24.4% 1.9% 2.4%
$3,000 or more 27.9% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 33149

Renters in ZIP Code 33149 use an estimated 27.17% of their income to cover their monthly rent payments. That is about 14% lower than in Florida overall. The estimate for Florida overall is 31.74% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 33149 renters use about 9% less of their income to cover rent expense. Household income figures for ZIP Code 33149 come in higher than in Florida as a whole. The median annual household income in ZIP Code 33149 of $151,190 sits approximately 172% higher than the overall Florida median income of $55,660 and approximately 141% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 33149

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 33149, Florida, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 33149 along with the same calculations in the state of Florida and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 33149

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 33149 Florida U.S.
Less than 15.0 percent 25.6% 8.9% 13.1%
15.0 to 19.9 percent 10.5% 10.7% 12.9%
20.0 to 24.9 percent 13.1% 12.4% 12.9%
25.0 to 29.9 percent 6.4% 11.7% 11.6%
30.0 to 34.9 percent 7.6% 9.6% 9.1%
35.0 percent or more 36.7% 46.7% 40.5%

Household Income in ZIP Code 33149

See the table below for the regional comparison of annual household income in ZIP Code 33149.

Income ZIP 33149 Florida U.S.
Less than $10,000 3.8% 6.5% 6.0%
$10,000 to $14,999 2.8% 4.3% 4.3%
$15,000 to $24,999 2.9% 9.9% 8.9%
$25,000 to $34,999 4.4% 10.3% 8.9%
$35,000 to $49,999 5.6% 13.9% 12.3%
$50,000 to $74,999 7.5% 18.3% 17.2%
$75,000 to $99,999 9.4% 12.4% 12.7%
$100,000 to $149,999 12.7% 13.1% 15.1%
$150,000 to $199,999 12.2% 5.3% 6.8%
$200,000 or more 38.4% 6.0% 7.7%

Household Income in ZIP Code 33149

See the chart below for a comparison of annual household income figures in ZIP Code 33149, Florida, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 33149 alongside the same figures for the state of Florida and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 33149

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 33149.

ZIP 33149 Florida U.S.
Median Housing Rent $2,548 $1,175 $1,062
Renter-Occupied Housing Units 30.4% 34.6% 36.0%
Rental Vacancy Rate 11.9% 8.4% 6.0%
Average Size of Renter-Occupied Unit 2.69 2.67 2.49
Average # of Bedrooms Per Unit 2.73 2.63 2.75
Percent of Income Spent on Rent 27.17% 31.74% 29.83%
Per Capita Income $79,171 $31,619 $34,103
Median Household Income $225,947 $80,286 $88,607
Living Below the Poverty Line 3.6% 10.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 33149

In ZIP Code 33149 (Key Biscayne, FL), and estimated 30.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 11.9%.

The per capita income in 33149 is estimated at $79,171, which goes along with an estimated median household income of $225,947. About 3.6% of residents in this Miami-Dade County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.69 occupants, while the units have an aggregate average size of 2.73 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.17% of their income on housing rental costs.

Rental FAQs for ZIP Code 33149

1

What is the median monthly rent in ZIP Code 33149?

Median rent for housing in ZIP Code 33149 in Miami-Dade County in Florida is approximately $2,548 per month.
2

Is it expensive to rent in ZIP Code 33149?

Rent in ZIP Code 33149 is higher than average in the state of Florida overall. The median monthly rent of $2,548 in ZIP Code 33149 is approximately 117% higher than the Florida median of $1,175. Additionally, median rent in this Key Biscayne, FL region ($2,548) is about 140% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 33149?

High-priced rentals are more common in ZIP Code 33149 than in Florida overall. The percentage of rentals in ZIP Code 33149 that cost $3,000 or more per month (27.9%) is about 1760% higher than the Florida rate of 1.5% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 1063% lower than the aforementioned 33149 rate of 27.9%.
4

Are affordable rentals common in ZIP Code 33149?

Affordable rentals are less common in ZIP Code 33149 than in Florida overall. The percentage of housing rentals in ZIP Code 33149 costing $999 or less per month (6.3%) is approximately 82% lower than the Florida rate of 34.3% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 86% higher than the previously mentioned 33149 rate of 6.3%.
5

What is the most common cost range that rentals fall into in ZIP Code 33149?

The most common range for rental cost in ZIP Code 33149 is $3,000 or more per month. About 27.9% of renters in 33149 pay in this range for monthly rent. In comparison, approximately 1.5% of renters in the state of Florida fall in the $3,000 or more range, and 2.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 33149 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 33149 is higher than the rental vacancy rate in the state of Florida overall. Rental vacancy of 11.9% in ZIP Code 33149 is about 42% higher than the Florida rate of 8.4%. Looking more broadly, rental vacancy in this Key Biscayne, FL region (11.9%) is an estimated 98% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 33149? How does it compare to other Florida regions?

Median household income in ZIP Code 33149 is higher than in the state of Florida overall. Annual household income of $151,190 in ZIP Code 33149 is about 172% higher than the Florida median of $55,660. Additionally, median household income in this Key Biscayne, FL region ($151,190) is approximately 141% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 33149 spend on housing costs?

Renters in ZIP Code 33149 spend a lower amount of their income on rent costs than do renters in Florida overall. Renters in ZIP Code 33149 spend an estimated 27.17% of their income on rent payments, which is about 14% lower than the overall Florida estimated rate of 31.74%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 9% higher than the ZIP Code 33149 estimated rate of 27.17%.
9

Do renters in ZIP Code 33149 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 33149 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 33149 spending 30 percent or more of their income on rent costs (44.3%) is approximately 21% lower than the Florida rate of 56.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 11% higher than the aforementioned 33149 rate of 44.3%.
10

What is the average household size of renter-occupied units in ZIP Code 33149?

The average household size of renter-occupied units in ZIP Code 33149 is higher than in the state of Florida overall. Annual household size of 2.69 in ZIP Code 33149 is about 1% higher than the Florida median of 2.67. Additionally, median household size in this Key Biscayne, FL region (2.69) is approximately 8% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Florida ZIP Codes