Property Prices in Miami, FL, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 5.61 |
| Mortgage as Percentage of Income: | 45.72% |
| Loan Affordability Index: | 2.19 |
| Price to Rent Ratio - City Centre: | 11.26 |
| Price to Rent Ratio - Outside of Centre: | 7.33 |
| Gross Rental Yield (City Centre): | 8.88% |
| Gross Rental Yield (Outside of Centre): | 13.64% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,687.93 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,929.22 $ | |
| Apartment (3 bedrooms) in City Centre | 4,808.05 $ | |
| Apartment (3 bedrooms) Outside of Centre | 3,191.30 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 611.65 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 276.25 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,257.74 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.34 |
These data are based on 238 entries in the past 18 months from 50 different contributors.
Last update: March 2023
Sources and References
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Nearby cities:| Property Prices in Fort Lauderdale, Florida | 27.52 miles |
| Property Prices in Deerfield Beach, Florida | 41.37 miles |
| Property Prices in Boynton Beach, Florida | 56.57 miles |
| Property Prices in West Palm Beach, Florida | 70.25 miles |
| Property Prices in Port St Lucie, Florida | 111.85 miles |
| Property Prices in Naples, Florida | 123.55 miles |
| Property Prices in Fort Myers, Florida | 156.10 miles |
| Property Prices in Venice, Florida | 213.33 miles |
| Property Prices in Orlando, Florida | 234.00 miles |
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