Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cutler Bay area can be challenging. Home prices in Cutler Bay are now at a median cost of $324,076, higher than the Florida average of $278,762.
The average cost of rent is $1,618/mo in Cutler Bay, primarily driven by the current value of real estate in the Cutler Bay area. While nearly 26.27% of residents own their homes outright in Cutler Bay, 39.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cutler Bay is $6,125 per month. Households that rent pay about 26.42% of their income on rent here. Cutler Bay's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- West Perrine, FL: less expensive homes
- Perrine, FL: less expensive homes
- Goulds, FL: equally priced homes
- South Miami Heights, FL: less expensive homes
- Palmetto Bay, FL: higher priced homes
- Palmetto Estates, FL: equally priced homes
- Princeton, FL: equally priced homes
- Richmond Heights, FL: less expensive homes
- Three Lakes, FL: equally priced homes
- Richmond West, FL: equally priced homes
Cities with Similar Populations
- Cleveland Heights, OH: less expensive homes
- Rohnert Park, CA: higher priced homes
- Lake Ridge, VA: higher priced homes
- Leawood, KS: higher priced homes
- Arlington, MA: higher priced homes
- Marlton, NJ: equally priced homes
- Morristown, NJ: higher priced homes
- Nacogdoches, TX: less expensive homes
- Neenah, WI: less expensive homes
- North Bethesda, MD: higher priced homes
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