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The median home value in Miami, Florida, is $290,800. Home appreciation is 3.50% over the last 10 years. The median age of Miami, Florida, real estate is 46 years.

Miami, Florida Apartments and Rentals

Renters make up 55.26% of the Miami, Florida, population. 19.15% of houses and apartments in Miami, Florida, are unoccupied (vacancy rate).

  HOUSINGMiami, FloridaUnited States
  Median Home Age  4637
  Median Home Cost  $290,800$185,800
  Home Appr. Last 12 months  11.90%3.74%
  Home Appr. Last 5 yrs.  47.10%16.02%
  Home Appr. Last 10 yrs.  3.50%-0.68%
  Property Tax Rate  $11.19$11.80
  Homes Owned  25.59%56.34%
  Housing Vacant  19.15%12.45%
  Homes Rented  55.26%31.21%
  Studio Apartment  $725$712
  1 Bedroom Home or Apartment  $904$825
  2 Bedroom Home or Apartment  $1,142$1,027
  3 Bedroom Home or Apartment  $1,570$1,379
  4 Bedroom Home or Apartment  $1,862$1,601
  Vacant For Rent  4.87%2.34%
  Vacant Rented  1.34%0.46%
  Vacant For Sale  1.38%1.20%
  Vacant Sold  0.64%0.46%
  Vacant Vacation  7.03%3.97%
  Vacant Other  3.90%4.02%
  Less Than $20,000  2.57%4.57%
  $20,000 to $39,999  0.82%3.37%
  $40,000 to $59,999  2.65%4.19%
  $60,000 to $79,999  4.38%5.74%
  $80,000 to $99,999  3.89%6.79%
  $100,000 to $149,999  12.68%15.19%
  $150,000 to $199,999  13.52%14.69%
  $200,000 to $299,999  23.75%18.15%
  $300,000 to $399,999  15.36%10.43%
  $400,000 to $499,999  6.62%5.70%
  $500,000 to $749,999  6.10%6.39%
  $750,000 to $999,999  2.21%2.41%
  $1,000,000 or more  5.45%2.39%

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Reviews for Miami


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1=Not a Fan. 2=Not for Me. 3=Just Okay. 4=Great Place. 5=The Best Place.

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liked it - 1/30/2017
smaller than I thought, traffic seemed thick, good food and nice... (Read More)

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Worst - 7/22/2016
What to said, I live here since 2013, I'm Cuban, but I have to said that I'm truly surprised for what we are doing with this city, We have to do something with the... (Read More)

Worst place in America - 5/16/2016
This has to be the absolute worst place to live in America. The climate is horrible, along with the majority of the people. I can't believe that I lived there for so... (Read More)

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