ROIStack
Market Intelligence

Miami, FL

Updated quarterly · Data sourced from Zillow ZHVI/ZORI, Census ACS, and FHFA. · Florida overview

Analyze a Miami deal

Home Value

$510k+0.1%

Median Rent

$2,950+4.0%

Per month average

Gross Yield

6.94%

Annual rent / value

Rent / Price

0.578%

1% rule benchmark

HH Income

$68,000

Median household

Owner-Occ

55.5%

Renter-Occ

44.5%

Tenant demand share

Population

6.2M

Metro area census

Market Analysis

The Miami, FL real estate market currently sits at a median home value of $510k with median rents around $2,950/month, producing a gross yield of 6.94%. That puts Miami in the category of moderate gross yield, investors here typically lean on appreciation alongside cash flow. Over the past year, home values are up 0.1%, while rents rose 4.0%, the gap between those two trends is what determines whether yield compresses or expands over time for buy-and-hold investors in Florida. Miami is an owner-occupier market (56% owner-occupied) where investor competition is generally lighter, with median household income of $68,000 setting the affordability ceiling on future rent growth.

Frequently asked questions

What is the average rent in Miami, FL?
As of late 2025, the median rent in Miami is approximately $2,950 per month, with rent growth of 4.0% year over year.
Is Miami a good market for rental property investing?
Miami produces a gross rental yield of about 6.94%. That is below the 7% LTR benchmark, so investors in Miami typically combine modest cash flow with appreciation upside. Run your specific numbers in a calculator before committing capital.
What is the median home price in Miami?
The median home value in Miami, FL is approximately $510,000, up 0.1% from a year ago.
How have home prices changed in Miami over the past year?
Home values in Miami have moved 0.1% year over year, while rents have changed by 4.0%. This price-to-rent gap is the single biggest driver of long-term rental investor returns in the Florida market.
What is the rent-to-price ratio in Miami?
Miami has a rent-to-price ratio of 0.578%, meaning monthly rent is about 0.578% of the home's price. The "1% rule" used by buy-and-hold investors looks for 1.0%+; this market falls short of that bar, which is typical for most large US metros today.

Nearby Florida markets

Tampa, FLOrlando, FLJacksonville, FL

Ready to analyze a Miami deal?

Plug in a real Miami, FL property and ROIStack will run the cash flow, cap rate, and 5-year projection in seconds.

Open Deal Calculator
Browse all metros