The median home in Miami Shores, Florida is valued at $705,710, down 4.5% year over year. Typical monthly rent is $3,086, producing a price-to-rent ratio of 19.1x — near the national average of 18x. Miami Shores 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$705,710

-4.5%

Rent$3,086/mo

AFFORDABILITY

Enter your income for Miami Shores.

Income (annual)

Down Payment

$141,142 on $705,710

Out of reach — 70.8% of income

Need $189,600/yr to afford.

PITI$4,424

P/I70.8%

Afford$279K

Gap-$427K

P&I $3,568Tax $506Ins $350

Renting $1,338/mo cheaper ($3,086 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 Shores 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 SHORES, FL