Market Summary

Miami, Miami Dade County, FL

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Median Home Price Price

$575,866 $575.9K

Median Monthly Rent Rent

$2,338 $2.3K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Miami-Dade County

Region Price Rent GRM Display
Hialeah
$443,606 $2,226 17.0x
Miami Lakes
$647,517 $2,375 23.0x
The Hammocks
$540,314 $2,381 19.0x
Opa-locka
$469,735 $2,451 16.0x
Miami Springs
$715,879 $2,383 25.0x
Doral
$550,609 $2,338 20.0x
Pinewood
$429,108 $2,420 15.0x
Florida City
$377,208 $2,368 13.0x
Cutler Bay
$564,820 $2,414 19.0x
Hialeah Gardens
$421,498 $2,417 14.0x
Virginia Gardens
$594,409 $2,396 21.0x
The Crossings
$504,522 $2,394 18.0x
North Miami Beach
$448,866 $2,608 14.0x
Miami Gardens
$472,360 $2,272 17.0x
North Miami
$417,445 $2,423 14.0x
West Little River
$435,611 $2,454 15.0x
Brownsville
$423,238 $2,428 14.0x
Sweetwater
$437,365 $2,394 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within FL outside of Miami-Dade County

Region Price Rent GRM Display
Royal Palm Estates, Palm Beach County, FL
$394,204 $2,424 14.0x
Haverhill, Palm Beach County, FL
$498,874 $2,328 18.0x
Miramar, Broward County, FL
$524,366 $2,384 18.0x
Royal Palm Beach, Palm Beach County, FL
$478,503 $2,448 16.0x
Limestone Creek, Palm Beach County, FL
$473,571 $2,354 17.0x
Oviedo, Seminole County, FL
$501,731 $2,249 19.0x
Belle Isle, Orange County, FL
$523,129 $2,064 21.0x
Lake Belvedere Estates, Palm Beach County, FL
$457,425 $2,352 16.0x
Town 'n' Country, Hillsborough County, FL
$372,960 $1,890 16.0x
Gotha, Orange County, FL
$502,805 $2,337 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of FL

Region Price Rent GRM Display
Jackson, Butts County, GA
$280,427 $1,125 21.0x
Moreno Valley, Riverside County, CA
$544,438 $2,410 19.0x
Montgomery, Chatham County, GA
$389,681 $1,657 20.0x
Suwanee, Gwinnett County, GA
$603,502 $2,429 21.0x
Gainesville, Hall County, GA
$368,590 $1,453 21.0x
Cumming, Forsyth County, GA
$597,214 $2,571 19.0x
Fontana, San Bernardino County, CA
$631,869 $2,693 20.0x
Port Hueneme, Ventura County, CA
$610,870 $2,737 19.0x
Escondido, San Diego County, CA
$827,449 $2,455 28.0x
Rockmart, Polk County, GA
$248,790 $1,268 16.0x
Riverside, Riverside County, CA
$637,173 $2,292 23.0x
Ventura, Ventura County, CA
$874,097 $2,711 27.0x
Union, Knox County, ME
$379,517 $1,434 22.0x
El Cajon, San Diego County, CA
$794,527 $2,345 28.0x
Carrollton, Carroll County, GA
$277,678 $1,264 18.0x

Home prices

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Monthly rent

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GRM

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Miami

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Trend Insights

Median Rent in Miami, FL is $2,338, with MoM change +$10 and YoY change +$38 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Miami, FL.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Miami, FL
Compare market Select a market
Delta vs base
Median rent
$2,338
N/A
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Median price
$575,866
N/A
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YoY change
+$38
N/A
—
Price-to-rent
20.5x
Data unavailable
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