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Miami Lakes, FL

Full City Profile · Florida · Miami-Dade County County

3.4 /5.0
B Good
30,731 Population 5,430/sq mi density
$97,255 Median Income $47,600 per capita
$577,300 Home Value $646,836 Zillow
$2,024 Median Rent 28.4% income on rent
77°F Avg Temperature 330 sunny days/yr
103 Violent Crime/100K 1,880 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$97,255 median income, 2.4% unemployment
B
Affordability
3.3 / 5.0
$577,300 home value, $2,024/mo rent
F
Safety
1.0 / 5.0
103 violent crimes/100K
A
Education
4.4 / 5.0
42.7% bachelor's degree or higher

Housing Overview

Median Home Value
$577,300
105% above
US avg: $281,900
Median Rent
$2,024/mo
74% above
US avg: $1,163/mo
Homeownership Rate
62.2%
5% below US avg (65.4%)
Total Housing Units
11,559
Median year built: 1990

Home Value by Source

Census Median
$577,300
Zillow (ZHVI)
$646,836
Median Sale Price
$602,500
Median List Price
$842,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.2%
Owner-Occupied
37.8%
Renter-Occupied
62%
38%
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: $2,024/mo · Zillow rent: $2,602/mo

Market Indicators (Redfin)

Median Days on Market
166 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
14
Price Drops
24.7%
of listings with price reduction
Price Per Sq Ft
$352
Active Inventory
93
homes for sale

Affordability & Housing Stock

Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
62.2%

Complete Housing Data

Home Values

Census Median Value$577,300
Zillow Home Value (ZHVI)$646,836
Median Sale Price$602,500
Median List Price$842,000
Price Per Sq Ft$352

Rent

Census Median Rent$2,024
Zillow Rent (ZORI)$2,602
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 Market166
Sale-to-List Ratio0.9%
Price Drops24.7%
Homes Sold14
Active Inventory93
Price Per Sq Ft$352

Ownership & Stock

Owner-Occupied62.2%
Renter-Occupied37.8%
Homeownership Rate62.2%
Total Housing Units11,559
Median Year Built1990
Rent Burden28.4%