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Miami-Dade County/Miami/33145

33145

ZIPSAFMR
Miami-Dade County, FL
Zillow

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$1,990$1,920
1 BR$2,180$2,400
2 BR$2,660$2,930
3 BR$3,420$3,760
4 BR$3,950$4,350
5 BR$4,543Not available
6 BR$5,224Not available
7 BR$6,007Not available
8 BR$6,909Not available

Purchase Price Calculator

Maximum purchase price
$373,480

Cost breakdown

+Likely effective rent$2,930
HUD FMR$2,660
Market rent$3,300
Est. payment standard (110%)Used$2,930
-Principal and interest-$1,889
Loan amount$298,784
Down payment$74,696
Rate6.50%
Term30 years
-Operating costs-$841
Property taxes-$373
Insurance-$175
Utilities$0
HOA$0
Management-$293
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,622(62.4% ROI)
Projected value
$402,197
Return breakdown
Property appreciation+$28,717
Loan principal paid down+$10,705
Rental cash flow+$7,200
5-year hold
+$80,168(107.3% ROI)
Projected value
$422,559
Return breakdown
Property appreciation+$49,078
Loan principal paid down+$19,089
Rental cash flow+$12,000
10-year hold
+$174,093(233.1% ROI)
Projected value
$478,086
Return breakdown
Property appreciation+$104,606
Loan principal paid down+$45,487
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.04
1 BR
0.85
2 BR
0.81
3 BR
0.70
4 BR
0.78
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 33145 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 33145 (Miami, FL) is $2,660 a month. That is down 9.8% from $2,950 in FY 2026. Miami is in the Miami-Miami Beach-Kendall, FL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 119 ZIP codes in Miami-Dade County, 33145 has the 42nd-highest two-bedroom rent (county range $2,010–$3,850). The median county two-bedroom FMR in Florida is $1,474, so ZIP 33145 is 80% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 33145
BedroomsFY 2027Change90–110% range
Studio$1,990−10.0%$1,791–$2,189
1BR$2,180−9.9%$1,962–$2,398
2BR$2,660−9.8%$2,394–$2,926
3BR$3,420−9.8%$3,078–$3,762
4BR$3,950−9.8%$3,555–$4,345

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 33145
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,990$2,180$2,660$3,420$3,950
FY 2026$2,210$2,420$2,950$3,790$4,380
FY 2025$1,890$2,090$2,570$3,320$3,890
FY 2024$1,820$2,030$2,510$3,270$3,880
FY 2023$1,500$1,700$2,120$2,790$3,300

Two-bedroom rent in nearby Miami-Dade County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 33145
33138$2,300−13.5%
33139$3,570+34.2%
33140$3,230+21.4%
33141$2,900+9.0%
33142$2,130−19.9%
33143$2,960+11.3%
33144$2,510−5.6%
33145Current$2,660—
33146$3,850+44.7%
33147$2,250−15.4%
33149$3,660+37.6%
33150$2,010−24.4%

Questions about ZIP 33145 rents

How much will Section 8 pay for a two-bedroom in ZIP 33145?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,660, that basic range is $2,394 to $2,926 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 33145 in?

ZIP 33145 is in the Miami-Miami Beach-Kendall, FL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 33145 for FY 2027?

The two-bedroom FMR fell 9.8%, from $2,950 in FY 2026 to $2,660 in FY 2027. Since FY 2023 it has risen 25.5%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentMiami, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources