Market Summary

The Hammocks, Miami Dade County, FL

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Median Home Price Price

$540,314 $540.3K

Median Monthly Rent Rent

$2,381 $2.4K

GRM

19.0x

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
$504,522 $2,394 18.0x
$575,866 $2,338 21.0x
$594,409 $2,396 21.0x
$435,611 $2,454 15.0x
$377,208 $2,368 13.0x
$448,866 $2,608 14.0x
$715,879 $2,383 25.0x
$450,483 $2,106 18.0x
$564,820 $2,414 19.0x
$421,498 $2,417 14.0x
$820,124 $2,378 29.0x
$550,609 $2,338 20.0x
$443,606 $2,226 17.0x
$469,735 $2,451 16.0x
$429,108 $2,420 15.0x
$647,517 $2,375 23.0x
$423,238 $2,428 14.0x
$417,445 $2,423 14.0x
$472,360 $2,272 17.0x

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
$524,366 $2,384 18.0x
$663,970 $2,383 23.0x
$428,729 $2,440 15.0x
$501,731 $2,249 19.0x
$450,188 $2,240 17.0x
$735,341 $2,342 26.0x
$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
$597,214 $2,571 19.0x
$378,136 $2,117 15.0x
$827,449 $2,455 28.0x
$393,123 $2,219 15.0x
$603,502 $2,429 21.0x
$389,681 $1,657 20.0x
$871,478 $2,528 29.0x
$347,556 $1,818 16.0x
$392,545 $2,205 15.0x

Home prices

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Monthly rent

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GRM

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The Hammocks

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Trend Insights

Median Rent in The Hammocks, FL is $2,381, with MoM change +$9 and YoY change +$33 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

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Metric
Base market The Hammocks, FL
Compare market Select a market
Delta vs base
Median rent
$2,381
N/A
Median price
$540,314
N/A
YoY change
+$33
N/A
Price-to-rent
18.9x
Data unavailable
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