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South Miami, FL
Full City Profile · Florida · Miami-Dade County County
3.2
/5.0
B
Good
11,926
Population
5,254/sq mi density
$88,313
Median Income
$57,267 per capita
$736,900
Home Value
$1,491,732 Zillow
$1,700
Median Rent
42.3% income on rent
77°F
Avg Temperature
330 sunny days/yr
317
Violent Crime/100K
3,867 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$88,313 median income, 2.5% unemployment
D
Affordability
1.9 / 5.0
$736,900 home value, $1,700/mo rent
F
Safety
1.0 / 5.0
317 violent crimes/100K
A+
Education
5.0 / 5.0
55.2% bachelor's degree or higher
Housing Overview
Median Home Value
$736,900
161% above
US avg: $281,900
Median Rent
$1,700/mo
46% above
US avg: $1,163/mo
Homeownership Rate
59.4%
9% below US avg (65.4%)
Total Housing Units
5,107
Median year built: 1967
Home Value by Source
Census Median
$736,900
Zillow (ZHVI)
$1,491,732
Median Sale Price
$1,070,750
Median List Price
$1,199,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.4%
Owner-Occupied
40.6%
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:
$1,700/mo
Market Indicators (Redfin)
Median Days on Market
108 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
8
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$571
Active Inventory
55
homes for sale
Affordability & Housing Stock
Rent Burden
42.3%
of renters spending 30%+ of income on housing
36% above US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
59.4%
Complete Housing Data
Home Values
| Census Median Value | $736,900 |
| Zillow Home Value (ZHVI) | $1,491,732 |
| Median Sale Price | $1,070,750 |
| Median List Price | $1,199,000 |
| Price Per Sq Ft | $571 |
Rent
| Census Median Rent | $1,700 |
| 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 | 108 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 27.3% |
| Homes Sold | 8 |
| Active Inventory | 55 |
| Price Per Sq Ft | $571 |
Ownership & Stock
| Owner-Occupied | 59.4% |
| Renter-Occupied | 40.6% |
| Homeownership Rate | 59.4% |
| Total Housing Units | 5,107 |
| Median Year Built | 1967 |
| Rent Burden | 42.3% |