Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Miami-Dade County area can be challenging. Home prices in Miami-Dade County are now at a median cost of $350,986, higher than the Florida average of $278,762.
The average cost of rent is $1,698/mo in Miami-Dade County, primarily driven by the current value of real estate in the Miami-Dade County area. While nearly 39.93% of residents own their homes outright in Miami-Dade County, 47.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Miami-Dade County is $5,722 per month. Households that rent pay about 29.68% of their income on rent here. Miami-Dade County's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the county.
Nearby Counties
- Broward County, FL: equally priced homes
- Palm Beach County, FL: equally priced homes
- Hendry County, FL: less expensive homes
- Collier County, FL: higher priced homes
- Monroe County, FL: higher priced homes
- Martin County, FL: equally priced homes
- Glades County, FL: less expensive homes
- St. Lucie County, FL: less expensive homes
- Okeechobee County, FL: less expensive homes
- Lee County, FL: less expensive homes
Counties with Similar Populations
- Maricopa County, AZ: equally priced homes
- Los Angeles County, CA: higher priced homes
- Orange County, CA: higher priced homes
- San Diego County, CA: higher priced homes
- Harris County, TX: less expensive homes
- Essex County, MA: higher priced homes
- Cuyahoga County, OH: less expensive homes
- Arapahoe County, CO: higher priced homes
- Camden County, NJ: less expensive homes
- Cameron County, TX: less expensive homes
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