How much is a home worth in ZIP code 33023?

The typical home in 33023 is worth $452,948, based on the Zillow Home Value Index.

Are home values rising in 33023?

Home values in 33023 are down 3.6% over the past year, and up 7.2% a year over five years.

What is the typical rent in 33023?

A typical home in 33023 rents for about $2,503 a month, a gross rental yield of 6.6%.

What is the property tax rate in 33023?

The effective property tax rate in 33023 is 0.9% — roughly $4,022 a year on a typical home.

ZIP code 33023 has a population of 72,344 and a median household income of $74,709.

HousingHandbookReference data

…

U.S. ZIP Code · FL33023

Broward County · Miami-Fort Lauderdale-West Palm Beach, FL

Typical home value

$452,948^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.6%
5-year / yr: +7.2%
10-year / yr: +9.8%

Relative price

vs U.S.: +59.5%
vs metro: -8.5%
vs state: +30.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33023 is worth $452,948 — 8.5% below the Miami-Fort Lauderdale-West Palm Beach, FL median. Over the past year, values have fallen 3.6%. Homes here rent for a typical $2,503 a month — a 6.6% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,503^[2]
Gross yield: 6.6%^[2]
Cap rate: 4.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $4,022^[3]

#Climate risk

FEMA National Risk Index ratings for Broward County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Very High
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Very High
Tornado: Relatively High
Earthquake: Very Low
Winter weather: No Rating

#Who lives here

Population: 72,344^[3]
Median household income: $74,709^[3]

#Migration

Household moves in and out of Broward County over a year, from IRS tax-return data.

Net migration: -6,209^[5]
Moved in: 52,307
Moved out: 58,516

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 8
Middle: 0
High: 0

HENRY D PERRY EDUCATION CENTER
Other · Grades PK–12 · BROWARD
1,058 students
ANNABEL C. PERRY PK-8
Elementary · Grades PK–8 · BROWARD
643 students
PEMBROKE PINES ELEMENTARY SCHOOL
Elementary · Grades PK–5 · BROWARD
629 students
LAKE FOREST ELEMENTARY SCHOOL
Elementary · Grades PK–5 · BROWARD
564 students
FAIRWAY ELEMENTARY SCHOOL
Elementary · Grades PK–5 · BROWARD
527 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.6%

Net yield (after ~40% expenses)4.0%

Annual rent$30,036

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,290

Loan principal$362,359

Down payment$90,590

Total interest paid$462,168

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.20

Monthly cost to own$3,004

Monthly rent$2,503

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 60th percentile^[1]
Rental yield: 49th percentile^[2]
Property tax: 62nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

10th for most populous in FLView list →

Frequently asked

How much is a home worth in ZIP code 33023?: The typical home in 33023 is worth $452,948, based on the Zillow Home Value Index.
Are home values rising in 33023?: Home values in 33023 are down 3.6% over the past year, and up 7.2% a year over five years.
What is the typical rent in 33023?: A typical home in 33023 rents for about $2,503 a month, a gross rental yield of 6.6%.
What is the property tax rate in 33023?: The effective property tax rate in 33023 is 0.9% — roughly $4,022 a year on a typical home.
Who lives in 33023?: ZIP code 33023 has a population of 72,344 and a median household income of $74,709.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

33472 vs 33023 →
FL
Typical home
$452,620
Gross yield
9.8%
33032 vs 33023 →
Princeton CDP, FL
Typical home
$455,210
Gross yield
7.1%
33433
Boca Raton, FL
Typical home
$455,220
Gross yield
7.2%
33021
Hollywood, FL
Typical home
$455,849
Gross yield
6.0%
33150
Miami, FL
Typical home
$449,307
Gross yield
5.7%
33026
Pembroke Pines, FL
Typical home
$447,087
Gross yield
7.8%

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Compare ZIPs

Pit ZIP 33023 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33023

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