Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Flamingo-Lummus area can be challenging. Home prices in Flamingo-Lummus are now at a median cost of $316,673, lower than the Miami Beach average of $937,166.
The average cost of rent is $1,736/mo in Flamingo-Lummus, primarily driven by the current value of real estate in the Flamingo-Lummus area. In Flamingo-Lummus, 74.00% of households rent, and 70.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Flamingo-Lummus is $5,191 per month. Households that rent pay about 33.45% of their income on rent here. Flamingo-Lummus’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- South Beach Miami Beach, Miami Beach, FL: higher priced homes
- West Avenue, Miami Beach, FL: higher priced homes
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- City Center, Miami Beach, FL: higher priced homes
- Bayshore, Miami Beach, FL: higher priced homes
- Oceanfront, Miami Beach, FL: higher priced homes
- Downtown Miami, Miami, FL: higher priced homes
- Wynwood, Miami, FL: higher priced homes
- Overtown, Miami, FL: higher priced homes
- Upper Eastside, Miami, FL: higher priced homes
Neighborhoods with Similar Populations
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- Mount Tabor, Portland, OR: higher priced homes
- Providence Plantation, Charlotte, NC: higher priced homes
- Shenandoah, Aurora, CO: higher priced homes
- Sans Pareil, Jacksonville, FL: higher priced homes
- Ravenna, Seattle, WA: higher priced homes
- Trumbull Village, Albuquerque, NM: less expensive homes
- North Shore, Haleiwa, HI: higher priced homes
- Green Lake, Seattle, WA: higher priced homes
- Morningside, Detroit, MI: less expensive homes
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