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Miami Real Estate Market

Housing
C-
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban
Rent vs. Own
  • Rent
    70%
  • Own
    30%
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Real Estate Costs

Median Home Value
$271,200
National
$184,700
Home Values
  • <$50k
    3%
  • $50-$99k
    8%
  • $100-$199k
    22%
  • $200-$399k
    40%
  • $400-$749k
    17%
  • $750k+
    9%
Median Rent
$1,056
National
$949
Monthly Rent
  • <$500
    11%
  • $500-$999
    35%
  • $1,000-$1,499
    29%
  • $1,500-$1,999
    15%
  • $2,000+
    11%
9%
of residents say housing is affordable.46 responses

Home Quality

Poll
52%
of residents say the exterior quality of homes is good or excellent.46 responses
Poll
63%
of residents say the interior quality of homes is good or excellent.46 responses
59%
of residents say there is a good variety of homes.46 responses
61%
of residents say there are a few vacant or abandoned properties here and there.46 responses
24%
of residents say that parking is readily available.46 responses
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Homes in Miami have a median value of $271,200. The median rent price in Miami is $1,056 and most residents rent their homes. Miami is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.
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