Property Prices in Miami, FL, United States

Index Info
Price to Income Ratio: 6.20
Mortgage as Percentage of Income: 54.72%
Loan Affordability Index: 1.83
Price to Rent Ratio - City Centre: 10.69
Price to Rent Ratio - Outside of Centre: 8.04
Gross Rental Yield (City Centre): 9.36%
Gross Rental Yield (Outside of Centre): 12.44%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $2,820.95 2,100.00-3,800.00
1 Bedroom Apartment Outside of City Centre $2,062.35 1,660.00-2,700.00
3 Bedroom Apartment in City Centre $5,666.43 4,000.00-9,000.00
3 Bedroom Apartment Outside of City Centre $3,709.00 3,000.00-5,000.00
Buy Apartment Price
Edit
Price per Square Meter to Buy Apartment in City Centre $6,920.37 4,805.00-10,763.91
Price per Square Meter to Buy Apartment Outside of Centre $3,615.97 3,400.00-4,843.76
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) $4,250.30
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.33 6.00-7.00

These data are based on 195 entries from 32 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far