Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Miami Lakes area can be challenging. Home prices in Miami Lakes are now at a median cost of $452,684, higher than the Florida average of $278,762.
The average cost of rent is $1,803/mo in Miami Lakes, primarily driven by the current value of real estate in the Miami Lakes area. While nearly 38.86% of residents own their homes outright in Miami Lakes, 28.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Miami Lakes is $8,019 per month. Households that rent pay about 22.48% of their income on rent here. Miami Lakes's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Country Club, FL: less expensive homes
- Hialeah Gardens, FL: less expensive homes
- Hialeah, FL: less expensive homes
- Opa-Locka, FL: less expensive homes
- Medley, FL: equally priced homes
- Miramar, FL: less expensive homes
- Miami Gardens, FL: less expensive homes
- Westview, FL: less expensive homes
- Doral, FL: equally priced homes
- Miami Springs, FL: equally priced homes
Cities with Similar Populations
- Algonquin, IL: less expensive homes
- Woodstock, IL: less expensive homes
- Woodburn, OR: less expensive homes
- Wisconsin Rapids, WI: less expensive homes
- Windsor, CA: higher priced homes
- Winchester, KY: less expensive homes
- White Lake, MI: less expensive homes
- West Warwick, RI: less expensive homes
- Tewksbury, MA: equally priced homes
- Sun City Center, FL: less expensive homes
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