Palm Island, Miami Dade County, FL Housing Trends, Rent, Price-to-Rent

Market Summary

Palm Island, Miami Dade County, FL

Median Home Price Price

$8,372,551 $8.4M

Median Monthly Rent Rent

$2,646 $2.6K

GRM

266.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Palm Island, FL is $2,646, with MoM change +$18 and YoY change +$160 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

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Metric

Base market Palm Island, FL

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Delta vs base

Median rent

$2,646

N/A

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Median price

$8,372,551

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YoY change

+$160

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Price-to-rent

263.7x

Data unavailable

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