The median home in Miami Beach, Florida is valued at $511,193, down 4.5% year over year. Typical monthly rent is $2,707, producing a price-to-rent ratio of 15.7x — near the national average of 18x. Miami Beach is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Miami-Fort Lauderdale-Pompano Beach, FL stress score, crash risk, and 12-month forecast →

Home Value$511,193

-4.5%

Rent$2,707/mo

AFFORDABILITY

Enter your income for Miami Beach.

Income (annual)

Down Payment

$102,239 on $511,193

Out of reach — 52.8% of income

Need $141,471/yr to afford.

PITI$3,301

P/I52.8%

Afford$271K

Gap-$240K

P&I $2,585Tax $366Ins $350

Renting $594/mo cheaper ($2,707 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Miami Beach with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Miami-Fort Lauderdale-Pompano Beach, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Miami-Fort Lauderdale-Pompano Beach, FL metro.

View Miami-Fort Lauderdale-Pompano Beach, FL metro →

MIAMI BEACH, FL