B-
87%
Med. Home Val. NAT. AVG.
30%
Rent NAT. AVG.
52%
Owner Occ. NAT. AVG.

Miami Housing Information

IndexMiamiFloridaNational
Median home price$610,761$299,597$326,622
Median rent asked$1,872$1,557$1,444
Avg. people per household2.62.62.6
Owner occupied households30.4%64.8%63.6%
Renter occupied households69.6%35.2%36.4%
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Housing Quick Facts

  • The median home price in Miami is 87% higher than the national average.
  • The median rent asked in Miami is 30% higher than the national average.
  • The average number of people per household in Miami is 2% lower than the national average.
  • The number of owner occupied households in Miami is 52% lower than the national average.
  • The number of renter occupied households in Miami is 91% higher than the national average.

Most Affordable Places to Live in and Around Miami

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Compare Miami, FL Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Medley, FL1,076$81,34675%
      Pembroke Park, FL6,970$85,39274%
      Gladeview, FL13,938$251,20223%
      West Little River, FL33,229$305,8926%
      Opa-locka, FL16,610$313,2504%
      Miami, FL470,437$610,76187%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Virginia Beach, VA463,341$507,04555%
      Long Beach, CA480,084$1,039,015218%
      Colorado Springs, CO481,855$525,55961%
      Raleigh, NC482,278$491,53450%
      Omaha, NE494,852$300,9018%
      Miami, FL470,437$610,76187%
      Source: The Miami, FL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.