The Miami income-needed indicator moved -1.87% year over year, which shifts the rent-vs-buy line — rates, taxes, insurance, and HOA costs then decide it for your budget. The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3. Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0. 8 of 30 tracked ZIPs (27%) show the current cooling flag.
Key stats
- The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
- Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
- 8 of 30 tracked ZIPs (27%) show the current cooling flag.
- The median tracked ZIP records about 69 pending homes per 100 new listings.
- Tracked ZIP markets
- 30
- Median ZIP home value
- $606,807
- Median ZIP rent
- $2,761
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
- housing cost spread
- Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
- cooling share
- 8 of 30 tracked ZIPs (27%) show the current cooling flag.
Miami price-to-rent context
The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
The income-needed indicator changed -1.87% year over year.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules
Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.