Market Summary

Balmoral Lakes, Miami Dade County, FL

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Median Home Price Price

$764,429 $764.4K

Median Monthly Rent Rent

$2,177 $2.2K

GRM

29.0x

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
$625,193 $2,266 23.0x
$782,197 $2,178 30.0x
$729,941 $2,222 27.0x
$436,340 $2,346 15.0x
$707,568 $2,201 27.0x
$457,856 $2,391 16.0x
$723,346 $2,227 27.0x
$498,867 $2,369 17.0x
$410,482 $2,144 16.0x
$507,317 $2,086 20.0x

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
$530,583 $2,009 22.0x

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
$435,296 $2,307 16.0x
$488,666 $2,044 20.0x
$505,798 $2,471 17.0x
$803,408 $2,901 23.0x
$616,260 $2,244 23.0x
$532,497 $2,138 21.0x
$460,705 $1,578 24.0x
$456,193 $2,090 18.0x
$407,087 $1,695 20.0x
$464,656 $2,084 19.0x
$336,319 $1,361 21.0x
$471,094 $2,122 18.0x
$739,945 $2,319 27.0x
$572,405 $2,093 23.0x
$734,757 $2,426 25.0x

Home prices

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Monthly rent

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GRM

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Balmoral Lakes

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Trend Insights

Median Rent in Balmoral Lakes, FL is $2,177, with MoM change +$10 and YoY change +$51 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

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Metric
Base market Balmoral Lakes, FL
Compare market Select a market
Delta vs base
Median rent
$2,177
N/A
Median price
$764,429
N/A
YoY change
+$51
N/A
Price-to-rent
29.3x
Data unavailable
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