Real Estate in Miami, FL

Ready to move to Miami , FL? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to Miami , FL, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Miami is $224,600, while the median rent for a one bedroom apartment is $971 . The median salary in Miami , FL is $31,051 and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values

  $1,000,000 or More 5.1%
  $50k to $99k 12.5%
  $100k to $149k 11.9%
  $200k to $299k 22.6%
  $300k to $499k 18.5%
  $500k to $999k 9.4%
  Less than $50k 4.6%

$224600
Median Home Price
in Miami , FL

Monthly Rent

Property Tax (with Mortgage)

$1.5k to $2k 22%
$1k to $1.5k 23.3%
$2.5k to $3k 8.6%
$2k to $2.5k 14.1%
Property Tax $3k or more 18.9%
$500 to $999 12.2%

$1799
Median Property Tax
in Miami , FL

Property Tax (without Mortgage)

$1k or More 18%
$250 to $399 22.5%
$400 to $599 23.4%
$600 to $799 15.1%
$800 to $999 8%
Less than $250 12.9%
Property Tax Less $0.5k 0.9%

$224600
Median Propery Value
in Miami , FL

$971
Median Rent
in Miami , FL

Miami, FL Rankings