Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oceanfront area can be challenging. Home prices in Oceanfront are now at a median cost of $684,259, lower than the Miami Beach average of $803,402.
The average cost of rent is $1,714/mo in Oceanfront, primarily driven by the current value of real estate in the Oceanfront area. While nearly 60.33% of residents own their homes outright in Oceanfront, 54.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oceanfront is $6,984 per month. Households that rent pay about 24.54% of their income on rent here. Oceanfront's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Bayshore, Miami Beach, FL: higher priced homes
- City Center, Miami Beach, FL: less expensive homes
- Normandy Isles, North Bay Village, FL: less expensive homes
- West Avenue, Miami Beach, FL: less expensive homes
- North Shores, North Bay Village, FL: less expensive homes
- Flamingo-Lummus, Miami Beach, FL: less expensive homes
- South Beach Miami Beach, Miami Beach, FL: equally priced homes
- South of Fifth, Miami Beach, FL: higher priced homes
- Upper Eastside, Miami, FL: equally priced homes
- Wynwood, Miami, FL: less expensive homes
Neighborhoods with Similar Populations
- Scenic Foothills, Anchorage, AK: less expensive homes
- Harvest Bend, Houston, TX: less expensive homes
- Hidden Cove-Indian Creek, San Antonio, TX: less expensive homes
- Arnett Benson, Lubbock, TX: less expensive homes
- Kirkwood, Coralville, IA: less expensive homes
- Lake Marion Village, Poinciana, FL: less expensive homes
- Layton Park, Milwaukee, WI: less expensive homes
- Los Angeles Heights-Keystone, San Antonio, TX: less expensive homes
- Oakland, Pittsburgh, PA: less expensive homes
- Regent, Madison, WI: less expensive homes
All Local Stats
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