Property Prices in Miami, FL, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 6.60 |
| Mortgage as Percentage of Income: | 59.38% |
| Loan Affordability Index: | 1.68 |
| Price to Rent Ratio - City Centre: | 9.95 |
| Price to Rent Ratio - Outside of Centre: | 8.63 |
| Gross Rental Yield (City Centre): | 10.05% |
| Gross Rental Yield (Outside of Centre): | 11.59% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,892.52 $ | |
| Apartment (1 bedroom) Outside of Centre | 2,100.00 $ | |
| Apartment (3 bedrooms) in City Centre | 5,240.04 $ | |
| Apartment (3 bedrooms) Outside of Centre | 3,743.12 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 584.95 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 365.62 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,873.13 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.56 |
These data are based on 298 entries from 45 contributors over the past 18 months.
Last update: 20 May 2025
Sources and References
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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