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Miami Shores, FL

Full City Profile · Florida · Miami-Dade County County

3.5 /5.0
B+ Good
11,627 Population 4,669/sq mi density
$137,873 Median Income $57,003 per capita
$788,600 Home Value $720,879 Zillow
$2,233 Median Rent 36.3% income on rent
76°F Avg Temperature 330 sunny days/yr
218 Violent Crime/100K 5,411 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$137,873 median income, 3.8% unemployment
B
Affordability
3.4 / 5.0
$788,600 home value, $2,233/mo rent
F
Safety
1.0 / 5.0
218 violent crimes/100K
A+
Education
5.0 / 5.0
64.7% bachelor's degree or higher

Housing Overview

Median Home Value
$788,600
180% above
US avg: $281,900
Median Rent
$2,233/mo
92% above
US avg: $1,163/mo
Homeownership Rate
86.7%
33% above US avg (65.4%)
Total Housing Units
4,129
Median year built: 1952

Home Value by Source

Census Median
$788,600
Zillow (ZHVI)
$720,879
Median Sale Price
$1,237,500
Median List Price
$1,353,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.7%
Owner-Occupied
13.3%
Renter-Occupied
87%
13%
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: $2,233/mo · Zillow rent: $3,194/mo

Market Indicators (Redfin)

Median Days on Market
81 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$693
Active Inventory
80
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
1952
Average age of housing stock: 74 years
Homeownership Rate
86.7%

Complete Housing Data

Home Values

Census Median Value$788,600
Zillow Home Value (ZHVI)$720,879
Median Sale Price$1,237,500
Median List Price$1,353,500
Price Per Sq Ft$693

Rent

Census Median Rent$2,233
Zillow Rent (ZORI)$3,194
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 Market81
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold14
Active Inventory80
Price Per Sq Ft$693

Ownership & Stock

Owner-Occupied86.7%
Renter-Occupied13.3%
Homeownership Rate86.7%
Total Housing Units4,129
Median Year Built1952
Rent Burden36.3%