Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Miami area can be challenging. Home prices in North Miami are now at a median cost of $617,866, higher than the Florida average of $278,762.
The average cost of rent is $1,375/mo in North Miami, primarily driven by the current value of real estate in the North Miami area. While nearly 49.49% of residents own their homes outright in North Miami, 57.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Miami is $4,231 per month. Households that rent pay about 32.51% of their income on rent here. North Miami's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Biscayne Park, FL: less expensive homes
- Golden Glades, FL: less expensive homes
- Miami Shores, FL: less expensive homes
- Pinewood, FL: less expensive homes
- El Portal, FL: equally priced homes
- North Miami Beach, FL: less expensive homes
- Bay Harbor Islands, FL: less expensive homes
- Westview, FL: less expensive homes
- Indian Creek, FL: equally priced homes
- Bal Harbour, FL: higher priced homes
Cities with Similar Populations
- Biloxi, MS: less expensive homes
- Mayaguez, PR: less expensive homes
- Brentwood, CA: equally priced homes
- Casper, WY: less expensive homes
- Clermont, FL: less expensive homes
- Cookeville, TN: less expensive homes
- State College, PA: less expensive homes
- Malden, MA: less expensive homes
- North Little Rock, AR: less expensive homes
- Northglenn, CO: less expensive homes
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