Housing & Real Estate — North Bay Village, Florida
Overview
| Total Housing Units | 4,364 |
| Occupied | 3,415 |
| Vacant | 949 |
| Owner-Occupied | 1,318 |
| Renter-Occupied | 2,097 |
| Median Home Value (Census) | $464,200 |
| Estimated 2026 | ~$504,000 |
| Median Rent | $2,115/mo |
| Median Property Tax | $5,361/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | expensive |
| Rent as % of Income | 30.1% |
| Severely Rent-Burdened | 55.0% |
Housing Age
| Built 2010 or later | 440 |
| Built 2000-2009 | 1,089 |
| Built 1990-1999 | 460 |
| Built before 1960 | 660 |
| Median Year Built | 1980 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.