HomeDataUSA

States / Florida / Miami

Miami, FL Housing

ACS 2020-2024

Median Home Value
$518,100 ± $19,775
Median Gross Rent
$1,758 ± $26/mo
Homeownership Rate
30.8%
Rent as Share of Income
33.8%
Price-to-Income Ratio
8.3×
Vacancy Rate
13.0%
Median Year Built
1979

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
7,219
Buildings
298
Single-Family Units
152
Multi-Family Units
7,067

Nearby Cities in Florida

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Miami, FL Housing: Rent & Home Values | HomeDataUSA