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Three Lakes, FL

Full City Profile · Florida · Miami-Dade County County

3.4 /5.0
B Good
16,426 Population 5,070/sq mi density
$91,364 Median Income $36,484 per capita
$434,800 Home Value $499,617 Zillow
$2,255 Median Rent 40.3% income on rent
76°F Avg Temperature 330 sunny days/yr
179 Violent Crime/100K 3,404 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$91,364 median income, 1.9% unemployment
B+
Affordability
4.0 / 5.0
$434,800 home value, $2,255/mo rent
F
Safety
1.0 / 5.0
179 violent crimes/100K
B+
Education
4.0 / 5.0
37.4% bachelor's degree or higher

Housing Overview

Median Home Value
$434,800
54% above
US avg: $281,900
Median Rent
$2,255/mo
94% above
US avg: $1,163/mo
Homeownership Rate
65.9%
1% above US avg (65.4%)
Total Housing Units
5,398
Median year built: 1997

Home Value by Source

Census Median
$434,800
Zillow (ZHVI)
$499,617
Median Sale Price
$545,900
Median List Price
$599,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.9%
Owner-Occupied
34.1%
Renter-Occupied
66%
34%
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: $2,255/mo

Market Indicators (Redfin)

Median Days on Market
67 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
23.0%
of listings with price reduction
Price Per Sq Ft
$313
Active Inventory
61
homes for sale

Affordability & Housing Stock

Rent Burden
40.3%
of renters spending 30%+ of income on housing
30% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
65.9%

Complete Housing Data

Home Values

Census Median Value$434,800
Zillow Home Value (ZHVI)$499,617
Median Sale Price$545,900
Median List Price$599,500
Price Per Sq Ft$313

Rent

Census Median Rent$2,255
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 Market67
Sale-to-List Ratio1.0%
Price Drops23.0%
Homes Sold7
Active Inventory61
Price Per Sq Ft$313

Ownership & Stock

Owner-Occupied65.9%
Renter-Occupied34.1%
Homeownership Rate65.9%
Total Housing Units5,398
Median Year Built1997
Rent Burden40.3%