Property Prices in Miami, FL, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 6.70 |
| Mortgage as Percentage of Income: | 60.85% |
| Loan Affordability Index: | 1.64 |
| Price to Rent Ratio - City Centre: | 10.17 |
| Price to Rent Ratio - Outside of Centre: | 8.74 |
| Gross Rental Yield (City Centre): | 9.84% |
| Gross Rental Yield (Outside of Centre): | 11.45% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,811.18 $ | |
| Apartment (1 bedroom) Outside of Centre | 2,067.56 $ | |
| Apartment (3 bedrooms) in City Centre | 5,424.70 $ | |
| Apartment (3 bedrooms) Outside of Centre | 3,809.97 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 598.06 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 369.99 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,885.42 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.68 |
These data are based on 302 entries in the past 18 months from 48 different contributors.
Last update: January 2025
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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