Housing & Real Estate — South Miami, Florida
Overview
| Total Housing Units | 5,164 |
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| Occupied | 4,728 |
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| Vacant | 436 |
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| Owner-Occupied | 2,810 |
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| Renter-Occupied | 1,918 |
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| Median Home Value (Census) | $829,400 |
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| Estimated 2026 | ~$903,000 |
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| Median Rent | $1,700/mo |
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| Median Property Tax | $5,243/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 | 21.6% |
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| Severely Rent-Burdened | 60.8% |
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Housing Age
| Built 2010 or later | 379 |
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| Built 2000-2009 | 531 |
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| Built 1990-1999 | 229 |
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| Built before 1960 | 2,111 |
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| Median Year Built | 1967 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
