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These days, finding an affordable place to live in the South Miami Heights area can be challenging. Home prices in South Miami Heights are now at a median cost of $406,479, higher than the Florida average of $396,783.
The average cost of rent is $1,626/mo in South Miami Heights, primarily driven by the current value of real estate in the South Miami Heights area. In South Miami Heights, 39.44% of households rent, and 39.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Miami Heights is $5,724 per month. Households that rent pay about 28.41% of their income on rent here. South Miami Heights’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Perrine, FL: less expensive homes
- Goulds, FL: higher priced homes
- West Perrine, FL: equally priced homes
- Palmetto Estates, FL: higher priced homes
- Cutler Bay, FL: higher priced homes
- Richmond West, FL: higher priced homes
- Richmond Heights, FL: equally priced homes
- Three Lakes, FL: higher priced homes
- Princeton, FL: equally priced homes
- Palmetto Bay, FL: higher priced homes
Cities with Similar Populations
- Albertville, AL: less expensive homes
- Xenia, OH: less expensive homes
- Woodbury, NJ: less expensive homes
- Windsor, CO: higher priced homes
- Wheeling, WV: less expensive homes
- West Little River, FL: equally priced homes
- Socorro, TX: less expensive homes
- Durango, CO: higher priced homes
- Desert Hot Springs, CA: less expensive homes
- Deer Park, TX: less expensive homes
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