2026 Affordability Data
Most Affordable Neighborhoods in Miami Beach - 2026 Data
The median home value in Miami Beach is $437,500, 55% above nat'l avg. Median rent is $1,634/month. With an affordability index of 42, Miami Beach is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Miami Beach, FL area.
Key Takeaways: Affordability in Miami Beach
- 1The most affordable neighborhood in Miami Beach is Mid-Beach, with a median home value of $1,064,800.
- 2Miami Beach's median home value is $437,500, 55% above nat'l avg (national: $281,900).
- 3Miami Beach's affordability index is 42 (baseline 100), making it less affordable than the national average.
- 4Median rent in Miami Beach is $1,634/month, 40% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Miami Beach to find the most affordable areas based on home values, rent, and affordability index.
Miami Beach Affordability Overview
Median Home Value
$437,500
55% above nat'l avg
Median Rent
$1,634/mo
40% above nat'l avg
Median Income
$47,213
37% below nat'l avg
Affordability Index
42
58% below nat'l avg
Most Affordable Neighborhoods in Miami Beach (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Mid-BeachMiami Beach, FL | $1,064,800 |
| 2 | North BeachMiami Beach, FL | $1,677,000 |
| 3 | SoFiMiami Beach, FL | $2,000,001 |
| 4 | SanfordFL | $77,800 |
| 5 | Avon ParkFL | $101,300 |
| 6 | Lake WalesFL | $208,500 |
| 7 | WildwoodFL | $363,900 |
| 8 | Miami Shores villageFL | $682,100 |
| 9 | Pinecrest villageFL | $1,129,900 |
| 10 | Wellington villageFL | $492,300 |
| 11 | DavenportFL | $274,900 |
| 12 | Belle GladeFL | $136,500 |
| 13 | SeminoleFL | $279,000 |
| 14 | West ParkFL | $305,400 |
| 15 | MinneolaFL | $348,700 |
Detailed Neighborhood Profiles
Home Value: $1,064,800
Rent: $1,834/mo
Affordability: 49
Population: 5,046
Walk Score: 78/100
Home Value: $1,677,000
Rent: $2,261/mo
Affordability: 46
Population: 2,838
Walk Score: 36/100
Home Value: $2,000,001
Rent: $1,203/mo
Affordability: 15
Population: 3,799
Walk Score: 93/100
4
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
5
Home Value: $101,300
Rent: $776/mo
Affordability: 214
Population: 9,789
6
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
7
Home Value: $363,900
Rent: $776/mo
Affordability: 214
Population: 15,735
8
Home Value: $682,100
Rent: $776/mo
Affordability: 214
Population: 11,638
9
Home Value: $1,129,900
Rent: $776/mo
Affordability: 214
Population: 18,279
10
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
11
Home Value: $274,900
Rent: $776/mo
Affordability: 214
Population: 10,246
12
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
13
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
14
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
15
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
Frequently Asked Questions About Affordability in Miami Beach
What is the most affordable neighborhood in Miami Beach, FL?▾
Based on 2026 data, Mid-Beach is the most affordable neighborhood in Miami Beach with a median home value of $1,064,800. Kurby analyzed 15 neighborhoods in the Miami Beach area to compile these rankings.
What is the median home price in Miami Beach, FL?▾
The median home price in Miami Beach is $437,500, which is 55% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Miami Beach affordable compared to the national average?▾
Miami Beach has an affordability index of 42, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Miami Beach, FL?▾
The median monthly rent in Miami Beach is $1,634. This is 40% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Miami Beach?▾
The median household income in Miami Beach is $47,213 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Miami Beach are below the national average home price?▾
6 out of 15 ranked neighborhoods in Miami Beach have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).