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Key Biscayne vs Miami: Housing

Key BiscayneMiami
Median Home Value$1,575,300$518,100
Median Gross Rent$3,501/mo$1,758/mo
Homeownership Rate66.6%30.8%
Rent as Share of Income23.1%33.8%

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