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Miami, FL

Full City Profile · Florida · Miami-Dade County County

2.6 /5.0
C+ Fair
446,663 Population 12,407/sq mi density
$59,390 Median Income $42,528 per capita
$475,200 Home Value $573,963 Zillow
$1,657 Median Rent 36.3% income on rent
77°F Avg Temperature 342 sunny days/yr
593 Violent Crime/100K 3,668 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$59,390 median income, 3.3% unemployment
C
Affordability
2.1 / 5.0
$475,200 home value, $1,657/mo rent
F
Safety
1.0 / 5.0
593 violent crimes/100K (56% above avg)
B+
Education
3.8 / 5.0
35.6% bachelor's degree or higher

Housing Overview

Median Home Value
$475,200
69% above
US avg: $281,900
Median Rent
$1,657/mo
42% above
US avg: $1,163/mo
Homeownership Rate
30.7%
53% below US avg (65.4%)
Total Housing Units
214,820
Median year built: 1976

Home Value by Source

Census Median
$475,200
Zillow (ZHVI)
$573,963
Median Sale Price
$725,000
Median List Price
$700,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

30.7%
Owner-Occupied
69.3%
Renter-Occupied
31%
69%
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: $1,657/mo · Zillow rent: $2,964/mo

Market Indicators (Redfin)

Median Days on Market
104 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
284
Price Drops
15.6%
of listings with price reduction
Price Per Sq Ft
$567
Active Inventory
3,880
homes for sale

Affordability & Housing Stock

Rent Burden
36.3%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
30.7%

Complete Housing Data

Home Values

Census Median Value$475,200
Zillow Home Value (ZHVI)$573,963
Median Sale Price$725,000
Median List Price$700,000
Price Per Sq Ft$567

Rent

Census Median Rent$1,657
Zillow Rent (ZORI)$2,964
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 Market104
Sale-to-List Ratio0.9%
Price Drops15.6%
Homes Sold284
Active Inventory3,880
Price Per Sq Ft$567

Ownership & Stock

Owner-Occupied30.7%
Renter-Occupied69.3%
Homeownership Rate30.7%
Total Housing Units214,820
Median Year Built1976
Rent Burden36.3%