Market Summary

West Miami, Miami Dade County, FL

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Median Home Price Price

$667,749 $667.7K

Median Monthly Rent Rent

$2,450 $2.5K

GRM

23.0x

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
$715,879 $2,383 25.0x
$472,510 $2,451 16.0x
$594,409 $2,396 21.0x
$417,445 $2,423 14.0x
$550,609 $2,338 20.0x
$646,072 $2,438 22.0x
$423,238 $2,428 14.0x
$575,866 $2,338 21.0x
$472,360 $2,272 17.0x
$504,522 $2,394 18.0x
$647,517 $2,375 23.0x
$564,820 $2,414 19.0x
$466,719 $2,442 16.0x
$540,314 $2,381 19.0x
$429,108 $2,420 15.0x
$820,124 $2,378 29.0x
$469,735 $2,451 16.0x
$421,498 $2,417 14.0x

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
$663,970 $2,383 23.0x
$705,279 $2,850 21.0x
$524,366 $2,384 18.0x
$866,008 $2,138 34.0x
$277,243 $2,167 11.0x
$502,805 $2,337 18.0x
$500,546 $2,376 18.0x
$735,341 $2,342 26.0x
$324,706 $1,301 21.0x

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
$360,592 $1,237 24.0x
$832,460 $3,212 22.0x
$1,211,343 $2,934 34.0x
$335,249 $1,197 23.0x
$389,681 $1,657 20.0x
$784,426 $2,824 23.0x
$410,873 $1,486 23.0x
$759,878 $2,706 23.0x

Home prices

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Monthly rent

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GRM

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West Miami

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Trend Insights

Median Rent in West Miami, FL is $2,450, with MoM change +$13 and YoY change +$21 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

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

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Metric
Base market West Miami, FL
Compare market Select a market
Delta vs base
Median rent
$2,450
N/A
Median price
$667,749
N/A
YoY change
+$21
N/A
Price-to-rent
22.7x
Data unavailable
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