Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the West Avenue area can be challenging. Home prices in West Avenue are now at a median cost of $392,503, lower than the Miami Beach average of $803,402.
The average cost of rent is $2,041/mo in West Avenue, primarily driven by the current value of real estate in the West Avenue area. While nearly 40.69% of residents own their homes outright in West Avenue, 77.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in West Avenue is $6,564 per month. Households that rent pay about 31.10% of their income on rent here. West Avenue's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Flamingo-Lummus, Miami Beach, FL: less expensive homes
- City Center, Miami Beach, FL: equally priced homes
- South Beach Miami Beach, Miami Beach, FL: higher priced homes
- South of Fifth, Miami Beach, FL: higher priced homes
- Bayshore, Miami Beach, FL: higher priced homes
- Downtown Miami, Miami, FL: higher priced homes
- Oceanfront, Miami Beach, FL: higher priced homes
- Wynwood, Miami, FL: equally priced homes
- Overtown, Miami, FL: less expensive homes
- Upper Eastside, Miami, FL: higher priced homes
Neighborhoods with Similar Populations
- Bloomfield, Staten Island, NY: higher priced homes
- Bordeaux, Nashville, TN: less expensive homes
- Bridgeton, Woodbridge, NJ: less expensive homes
- Brightmoor, Detroit, MI: less expensive homes
- Bushrod, Oakland, CA: higher priced homes
- Californial Heights, Long Beach, CA: higher priced homes
- Cambridge Park, Concord, CA: higher priced homes
- College Park, Orlando, FL: equally priced homes
- Quinnipiac Meadows, New Haven, CT: less expensive homes
- South Park, Buffalo, NY: less expensive homes
All Local Stats
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