The Most Affordable Neighborhoods in Olympia Heights, Miami, FL by Home Value

 

Olympia Heights, Miami, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Olympia Heights area can be challenging. Home prices in Olympia Heights are now at a median cost of $612,358, higher than the Miami average of $492,262.

The average cost of rent is $2,287/mo in Olympia Heights, primarily driven by the current value of real estate in the Olympia Heights area. In Olympia Heights, 16.41% of households rent, and 46.78% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Olympia Heights is $8,755 per month. Households that rent pay about 26.12% of their income on rent here. Olympia Heights’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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