Median home value: $1062K (-1.7% YoY). Rent: $2,622/mo. Price-to-rent: 33.8x. Part of Miami-Fort Lauderdale-Pompano Beach, FL.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Miami-Fort Lauderdale-Pompano Beach, FL metro page.
Home Value$1,062,161
-1.7%
Rent$2,622/mo
AFFORDABILITYRenting $3,584/mo cheaper ($2,622 rent)6.00% 30yr, 20% down, county tax + FL ins. 28% per HUD.
Enter your income for Village of Palmetto Bay.
$212,432 on $1,062,161
Out of reach — 99.3% of income
Need $265,971/yr to afford.
PITI$6,206
P/I99.3%
Afford$300K
Gap-$763K
P&I $5,095Tax $761Ins $350
Home Buying Kit For Dummies (2025)Financing, negotiation, closing