How much is a home worth in ZIP code 33162?

The typical home in 33162 is worth $468,766, based on the Zillow Home Value Index.

Are home values rising in 33162?

Home values in 33162 are down 2.5% over the past year, and up 7.7% a year over five years.

What is the typical rent in 33162?

A typical home in 33162 rents for about $2,121 a month, a gross rental yield of 5.4%.

What is the property tax rate in 33162?

The effective property tax rate in 33162 is 0.6% — roughly $2,849 a year on a typical home.

ZIP code 33162 has a population of 46,606 and a median household income of $60,692.

HousingHandbookReference data

…

U.S. ZIP Code · FL33162

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

Typical home value

$468,766^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.5%
5-year / yr: +7.7%
10-year / yr: +10.4%

Relative price

vs U.S.: +65.0%
vs metro: -5.3%
vs state: +35.2%

Price history

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

The typical home in 33162 is worth $468,766 — 5.3% below the Miami-Fort Lauderdale-West Palm Beach, FL median. Over the past year, values have fallen 2.5%. Homes here rent for a typical $2,121 a month — a 5.4% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $2,121^[2]
Gross yield: 5.4%^[2]
Cap rate: 3.3%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $2,849^[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: 46,606^[3]
Median household income: $60,692^[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: 9
Elementary: 4
Middle: 2
High: 3

NORTH MIAMI BEACH SENIOR HIGH
High · Grades 9–12 · MIAMI-DADE
1,076 students
JOHN F. KENNEDY MIDDLE SCHOOL
Middle · Grades 6–8 · MIAMI-DADE
1,043 students
GREYNOLDS PARK ELEMENTARY SCHOOL
Elementary · Grades PK–5 · MIAMI-DADE
540 students
OAK GROVE ELEMENTARY SCHOOL
Elementary · Grades PK–5 · MIAMI-DADE
508 students
GERTRUDE K. EDELMAN/SABAL PALM
Elementary · Grades PK–5 · MIAMI-DADE
506 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 yield5.4%

Net yield (after ~40% expenses)3.3%

Annual rent$25,452

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$2,370

Loan principal$375,013

Down payment$93,753

Total interest paid$478,308

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 ratio1.41

Monthly cost to own$2,999

Monthly rent$2,121

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: 68th percentile^[1]
Rental yield: 21st percentile^[2]
Property tax: 2nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33162?: The typical home in 33162 is worth $468,766, based on the Zillow Home Value Index.
Are home values rising in 33162?: Home values in 33162 are down 2.5% over the past year, and up 7.7% a year over five years.
What is the typical rent in 33162?: A typical home in 33162 rents for about $2,121 a month, a gross rental yield of 5.4%.
What is the property tax rate in 33162?: The effective property tax rate in 33162 is 0.6% — roughly $2,849 a year on a typical home.
Who lives in 33162?: ZIP code 33162 has a population of 46,606 and a median household income of $60,692.

#Comparable ZIPs

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

33024 vs 33162 →
Pembroke Pines, FL
Typical home
$468,409
Gross yield
6.3%
33139 vs 33162 →
Miami Beach, FL
Typical home
$470,152
Gross yield
7.8%
33167
Westview CDP, FL
Typical home
$467,361
Gross yield
7.6%
33169
Miami Gardens, FL
Typical home
$466,276
Gross yield
6.2%
33180
Aventura, FL
Typical home
$465,241
Gross yield
7.9%
33062
Pompano Beach, FL
Typical home
$472,495
Gross yield
6.9%

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Pit ZIP 33162 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33162

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