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These days, finding an affordable place to live in the West Miami area can be challenging. Home prices in West Miami are now at a median cost of $444,782, higher than the Florida average of $396,783.
The average cost of rent is $2,169/mo in West Miami, primarily driven by the current value of real estate in the West Miami area. In West Miami, 49.78% of households rent, and 38.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Miami is $5,447 per month. Households that rent pay about 39.82% of their income on rent here. West Miami’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Coral Terrace, FL: higher priced homes
- Coral Gables, FL: higher priced homes
- Westchester, FL: higher priced homes
- Miami, FL: higher priced homes
- Fountainebleau, FL: less expensive homes
- Virginia Gardens, FL: equally priced homes
- South Miami, FL: higher priced homes
- Shenandoah, FL: higher priced homes
- Glenvar Heights, FL: higher priced homes
- Miami Springs, FL: higher priced homes
Cities with Similar Populations
- Troy, NC: less expensive homes
- Carlisle, OH: less expensive homes
- Carlstadt, NJ: higher priced homes
- Carlyss, LA: less expensive homes
- Carmi, IL: less expensive homes
- Carolina Beach, NC: higher priced homes
- Carrizo Springs, TX: less expensive homes
- Carthage, NY: less expensive homes
- Catasauqua, PA: less expensive homes
- Catawba, NC: less expensive homes
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