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These days, finding an affordable place to live in the Sunny Isles Beach area can be challenging. Home prices in Sunny Isles Beach are now at a median cost of $622,907, higher than the Florida average of $278,762.
The average cost of rent is $2,119/mo in Sunny Isles Beach, primarily driven by the current value of real estate in the Sunny Isles Beach area. While nearly 70.48% of residents own their homes outright in Sunny Isles Beach, 52.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sunny Isles Beach is $6,602 per month. Households that rent pay about 32.10% of their income on rent here. Sunny Isles Beach's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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- Bal Harbour, FL: higher priced homes
- Bay Harbor Islands, FL: less expensive homes
- Hallandale Beach, FL: less expensive homes
- Surfside, FL: equally priced homes
- Indian Creek, FL: equally priced homes
- Ives Estates, FL: less expensive homes
Cities with Similar Populations
- Absecon, NJ: less expensive homes
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- Winchester, MA: higher priced homes
- Willow Spring, NC: less expensive homes
- Willow Grove, PA: less expensive homes
- Whitehall, OH: less expensive homes
- White Oak, MD: less expensive homes
- Bayville, NJ: less expensive homes
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