Guide · Updated:
Brickell, Edgewater or Downtown
Brickell (33131) is the priciest area to rent, with a median rent of $3,124; Downtown (33132) and Edgewater (33137) have the newest buildings and somewhat lower rents.
Source: U.S. Census Bureau, ACS 2020–2024 5-year, by ZIP code (via Census Reporter) · checked Sep 30, 2026
Ask for a shortlist and documentsYour message includes this guide topic.Source: U.S. Census Bureau, ACS 2020–2024 5-year, by ZIP code (via Census Reporter) · checked Sep 30, 2026
| ZIP code | Median rent | Median value | Renters | Median year built |
|---|---|---|---|---|
| 33131 | $3,124 | $655,100 | 63.0 % | 2005 |
| 33130 | $1,792 | $517,300 | 83.2 % | 2004 |
| 33132 | $2,650 | $524,300 | 74.3 % | 2008 |
| 33137 | $2,489 | $616,800 | 71.8 % | 2008 |
Which is the most expensive?
Brickell: $3,124 median rent and $655,100 median home value in 33131.
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The Census American Community Survey 2020–2024, by ZIP code, puts 33131 — Brickell, with Brickell Key — on top on both measures: median gross rent of $3,124 and median home value of $655,100. Next come 33137, which includes Edgewater, at $2,489 and $616,800, and 33132, Downtown, at $2,650 and $524,300. ZIP codes don't match neighbourhoods exactly, but they apply the same yardstick to all.
Source: U.S. Census Bureau, ACS 2020–2024 5-year, by ZIP code (via Census Reporter) · checked Sep 30, 2026
Where do most renters live?
West of Brickell (33130): 83.2% of homes are rented. In Brickell, 63%.
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Per the same census, 83.2% of occupied homes in 33130, west of Brickell, are renter-occupied, against 74.3% in Downtown, 71.8% in 33137 and 63% in 33131. For an investor, more renters means more rental demand; for a resident, a neighbourhood with more turnover. The 33130 median rent, $1,792, is the lowest of the four.
Source: U.S. Census Bureau, ACS 2020–2024 5-year, by ZIP code (via Census Reporter) · checked Sep 30, 2026
Where are the newest buildings?
Downtown and Edgewater: the median home in 33132 and 33137 was built in 2008.
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The median year homes were built is 2008 in 33132 and 33137, 2005 in 33131 and 2004 in 33130. It matters because of the condo safety law: a building of three stories or more needs its first milestone inspection at 30 years, and all must have a structural reserve study. A newer building is not exempt, but it is usually further from those big projects.
Sources: U.S. Census Bureau, ACS 2020–2024 5-year, by ZIP code (via Census Reporter) · Florida Statutes, s. 553.899 · checked Sep 30, 2026
Written by Carolina Suárez Rivas, Florida-licensed real estate agent (SL3336060).