Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Miami Beach area can be challenging. Home prices in North Miami Beach are now at a median cost of $253,167, lower than the Florida average of $278,762.
The average cost of rent is $1,666/mo in North Miami Beach, primarily driven by the current value of real estate in the North Miami Beach area. While nearly 40.78% of residents own their homes outright in North Miami Beach, 51.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Miami Beach is $5,130 per month. Households that rent pay about 32.48% of their income on rent here. North Miami Beach's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Ojus, FL: higher priced homes
- Golden Glades, FL: equally priced homes
- Sunny Isles Beach, FL: higher priced homes
- Aventura, FL: higher priced homes
- Ives Estates, FL: less expensive homes
- North Miami, FL: higher priced homes
- Biscayne Park, FL: higher priced homes
- Bay Harbor Islands, FL: higher priced homes
- Bal Harbour, FL: higher priced homes
- Golden Beach, FL: higher priced homes
Cities with Similar Populations
- Beavercreek, OH: less expensive homes
- Benton, AR: less expensive homes
- Brea, CA: higher priced homes
- Brighton, MA: higher priced homes
- Carlisle, PA: less expensive homes
- Chester, VA: equally priced homes
- Chesterfield, MO: higher priced homes
- Chillicothe, OH: less expensive homes
- Morganton, NC: less expensive homes
- Rancho Santa Margarita, CA: higher priced homes
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