Housing & Real Estate — Miami Beach, Florida
Overview
| Total Housing Units | 63,225 |
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| Occupied | 40,838 |
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| Vacant | 22,387 |
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| Owner-Occupied | 15,812 |
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| Renter-Occupied | 25,026 |
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| Median Home Value (Census) | $556,700 |
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| Estimated 2026 | ~$592,000 |
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| Median Rent | $1,733/mo |
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| Median Property Tax | $5,048/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 28.5% |
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| Severely Rent-Burdened | 50.8% |
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Housing Age
| Built 2010 or later | 2,486 |
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| Built 2000-2009 | 6,793 |
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| Built 1990-1999 | 5,248 |
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| Built before 1960 | 18,008 |
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| Median Year Built | 1968 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
