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North Bay Village, FL
Full City Profile · Florida · Miami-Dade County County
3.5
/5.0
B+
Good
8,004
Population
21,632/sq mi density
$80,761
Median Income
$40,932 per capita
$448,000
Home Value
$385,924 Zillow
$2,115
Median Rent
34.9% income on rent
76°F
Avg Temperature
330 sunny days/yr
154
Violent Crime/100K
1,234 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$80,761 median income, 2.9% unemployment
B+
Affordability
3.5 / 5.0
$448,000 home value, $2,115/mo rent
F
Safety
1.0 / 5.0
154 violent crimes/100K
A+
Education
5.0 / 5.0
51.0% bachelor's degree or higher
Housing Overview
Median Home Value
$448,000
59% above
US avg: $281,900
Median Rent
$2,115/mo
82% above
US avg: $1,163/mo
Homeownership Rate
38.6%
41% below US avg (65.4%)
Total Housing Units
4,278
Median year built: 1980
Home Value by Source
Census Median
$448,000
Zillow (ZHVI)
$385,924
Median Sale Price
$417,500
Median List Price
$395,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
38.6%
Owner-Occupied
61.4%
Renter-Occupied
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:
$2,115/mo
· Zillow rent:
$2,588/mo
Market Indicators (Redfin)
Median Days on Market
224 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
12
Price Drops
14.0%
of listings with price reduction
Price Per Sq Ft
$379
Active Inventory
129
homes for sale
Affordability & Housing Stock
Rent Burden
34.9%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
38.6%
Complete Housing Data
Home Values
| Census Median Value | $448,000 |
| Zillow Home Value (ZHVI) | $385,924 |
| Median Sale Price | $417,500 |
| Median List Price | $395,000 |
| Price Per Sq Ft | $379 |
Rent
| Census Median Rent | $2,115 |
| Zillow Rent (ZORI) | $2,588 |
| 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 Market | 224 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 14.0% |
| Homes Sold | 12 |
| Active Inventory | 129 |
| Price Per Sq Ft | $379 |
Ownership & Stock
| Owner-Occupied | 38.6% |
| Renter-Occupied | 61.4% |
| Homeownership Rate | 38.6% |
| Total Housing Units | 4,278 |
| Median Year Built | 1980 |
| Rent Burden | 34.9% |