How much is a home worth in ZIP code 33132?

The typical home in 33132 is worth $529,723, based on the Zillow Home Value Index.

Are home values rising in 33132?

Home values in 33132 are down 4.8% over the past year, and up 5.3% a year over five years.

What is the typical rent in 33132?

A typical home in 33132 rents for about $3,286 a month, a gross rental yield of 7.4%.

What is the property tax rate in 33132?

The effective property tax rate in 33132 is 1.2% — roughly $6,478 a year on a typical home.

ZIP code 33132 has a population of 20,253 and a median household income of $109,109.

HousingHandbookReference data

…

U.S. ZIP Code · FL33132

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

Typical home value

$529,723^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.8%
5-year / yr: +5.3%
10-year / yr: +1.2%

Relative price

vs U.S.: +86.5%
vs metro: +7.0%
vs state: +52.7%

Price history

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

The typical home in 33132 is worth $529,723 — 7.0% above the Miami-Fort Lauderdale-West Palm Beach, FL median. Over the past year, values have fallen 4.8%. Homes here rent for a typical $3,286 a month — a 7.4% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $3,286^[2]
Gross yield: 7.4%^[2]
Cap rate: 4.5%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $6,478^[3]

#Climate risk

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

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

#Who lives here

Population: 20,253^[3]
Median household income: $109,109^[3]

#Migration

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

Net migration: -21,399^[5]
Moved in: 43,906
Moved out: 65,305

Schools

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

Public schools: 7
Elementary: 1
Middle: 0
High: 3

I PREPARATORY ACADEMY
Other · Grades PK–12 · MIAMI-DADE
824 students
NEW WORLD SCHOOL OF THE ARTS
High · Grades 9–12 · MIAMI-DADE
465 students
MIAMI CHILDREN'S MUSEUM CHARTER SCHOOL
Elementary · Grades K–5 · MIAMI-DADE
310 students
SCHOOL FOR ADVANCED STUDIES-WOLFSON
High · Grades 11–12 · MIAMI-DADE
137 students
CHAPMAN PARTNERSHIP EARLY CHILDHOOD CENTER SOUTH
Prekindergarten · Grades PK · MIAMI-DADE
78 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 yield7.4%

Net yield (after ~40% expenses)4.5%

Annual rent$39,437

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$2,679

Loan principal$423,779

Down payment$105,945

Total interest paid$540,506

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 ratio1.11

Monthly cost to own$3,659

Monthly rent$3,286

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: 13th percentile^[1]
Rental yield: 70th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33132?: The typical home in 33132 is worth $529,723, based on the Zillow Home Value Index.
Are home values rising in 33132?: Home values in 33132 are down 4.8% over the past year, and up 5.3% a year over five years.
What is the typical rent in 33132?: A typical home in 33132 rents for about $3,286 a month, a gross rental yield of 7.4%.
What is the property tax rate in 33132?: The effective property tax rate in 33132 is 1.2% — roughly $6,478 a year on a typical home.
Who lives in 33132?: ZIP code 33132 has a population of 20,253 and a median household income of $109,109.

#Comparable ZIPs

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

33018 vs 33132 →
Hialeah, FL
Typical home
$530,640
Gross yield
6.4%
33010 vs 33132 →
Hialeah, FL
Typical home
$531,344
Gross yield
4.9%
33135
Miami, FL
Typical home
$524,385
Gross yield
5.0%
33186
The Crossings CDP, FL
Typical home
$524,032
Gross yield
6.0%
33127
Miami, FL
Typical home
$521,336
Gross yield
6.9%
33317
Plantation, FL
Typical home
$538,752
Gross yield
5.5%

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Compare ZIPs

Pit ZIP 33132 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33132

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