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Miami Beach, FL

Full City Profile · Florida · Miami-Dade County County

3.0 /5.0
B Good
81,319 Population 10,575/sq mi density
$67,014 Median Income $72,301 per capita
$542,000 Home Value $518,750 Zillow
$1,733 Median Rent 36.6% income on rent
77°F Avg Temperature 344 sunny days/yr
924 Violent Crime/100K 7,568 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$67,014 median income, 2.7% unemployment
C
Affordability
2.1 / 5.0
$542,000 home value, $1,733/mo rent
F
Safety
1.0 / 5.0
924 violent crimes/100K (143% above avg)
A+
Education
5.0 / 5.0
51.2% bachelor's degree or higher

Housing Overview

Median Home Value
$542,000
92% above
US avg: $281,900
Median Rent
$1,733/mo
49% above
US avg: $1,163/mo
Homeownership Rate
38.7%
41% below US avg (65.4%)
Total Housing Units
63,789
Median year built: 1968

Home Value by Source

Census Median
$542,000
Zillow (ZHVI)
$518,750
Median Sale Price
$679,800
Median List Price
$671,289
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

38.7%
Owner-Occupied
61.3%
Renter-Occupied
39%
61%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,733/mo · Zillow rent: $2,756/mo

Market Indicators (Redfin)

Median Days on Market
129 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
130
Price Drops
17.5%
of listings with price reduction
Price Per Sq Ft
$692
Active Inventory
1,857
homes for sale

Affordability & Housing Stock

Rent Burden
36.6%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
38.7%

Complete Housing Data

Home Values

Census Median Value$542,000
Zillow Home Value (ZHVI)$518,750
Median Sale Price$679,800
Median List Price$671,289
Price Per Sq Ft$692

Rent

Census Median Rent$1,733
Zillow Rent (ZORI)$2,756
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market129
Sale-to-List Ratio0.9%
Price Drops17.5%
Homes Sold130
Active Inventory1,857
Price Per Sq Ft$692

Ownership & Stock

Owner-Occupied38.7%
Renter-Occupied61.3%
Homeownership Rate38.7%
Total Housing Units63,789
Median Year Built1968
Rent Burden36.6%