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These days, finding an affordable place to live in the Biscayne Park area can be challenging. Home prices in Biscayne Park are now at a median cost of $728,009, higher than the Florida average of $396,783.
The average cost of rent is $1,487/mo in Biscayne Park, primarily driven by the current value of real estate in the Biscayne Park area. In Biscayne Park, 22.04% of households rent, and 23.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Biscayne Park is $8,958 per month. Households that rent pay about 16.61% of their income on rent here. Biscayne Park’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Miami, FL: less expensive homes
- Miami Shores, FL: equally priced homes
- El Portal, FL: equally priced homes
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- Pinewood, FL: less expensive homes
- Bay Harbor Islands, FL: equally priced homes
- Indian Creek, FL: equally priced homes
- Westview, FL: less expensive homes
- North Miami Beach, FL: less expensive homes
- North Bay Village, FL: less expensive homes
Cities with Similar Populations
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- Honaker, VA: less expensive homes
- Hanson, KY: less expensive homes
- Gardiner, NY: less expensive homes
- Fort Ann, NY: less expensive homes
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