2026 Affordability Data
Most Affordable Neighborhoods in Miami Shores - 2026 Data
The median home value in Miami Shores is $573,500, 103% above nat'l avg. Median rent is $1,946/month. With an affordability index of 69, Miami Shores 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 Shores, FL area.
Key Takeaways: Affordability in Miami Shores
- 1The most affordable neighborhood in Miami Shores is Sanford, with a median home value of $77,800.
- 2Miami Shores's median home value is $573,500, 103% above nat'l avg (national: $281,900).
- 3Miami Shores's affordability index is 69 (baseline 100), making it less affordable than the national average.
- 4Median rent in Miami Shores is $1,946/month, 67% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Miami Shores to find the most affordable areas based on home values, rent, and affordability index.
Miami Shores Affordability Overview
Median Home Value
$573,500
103% above nat'l avg
Median Rent
$1,946/mo
67% above nat'l avg
Median Income
$111,528
50% above nat'l avg
Affordability Index
69
31% below nat'l avg
Most Affordable Neighborhoods in Miami Shores (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | SanfordFL | $77,800 |
| 2 | Key Biscayne villageFL | $1,331,900 |
| 3 | Wellington villageFL | $492,300 |
| 4 | Belle GladeFL | $136,500 |
| 5 | Winter HavenFL | $220,800 |
| 6 | WildwoodFL | $363,900 |
| 7 | Palmetto Bay villageFL | $715,700 |
| 8 | Pinecrest villageFL | $1,129,900 |
| 9 | SeminoleFL | $279,000 |
| 10 | BartowFL | $195,200 |
| 11 | Miami Shores villageFL | $682,100 |
| 12 | West ParkFL | $305,400 |
| 13 | Lake WalesFL | $208,500 |
| 14 | Haines CityFL | $222,100 |
| 15 | MinneolaFL | $348,700 |
Detailed Neighborhood Profiles
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
Home Value: $1,331,900
Rent: $776/mo
Affordability: 214
Population: 14,572
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
4
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
5
Home Value: $220,800
Rent: $776/mo
Affordability: 214
Population: 50,778
6
Home Value: $363,900
Rent: $776/mo
Affordability: 214
Population: 15,735
7
Home Value: $715,700
Rent: $776/mo
Affordability: 214
Population: 24,267
8
Home Value: $1,129,900
Rent: $776/mo
Affordability: 214
Population: 18,279
9
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
10
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
11
Home Value: $682,100
Rent: $776/mo
Affordability: 214
Population: 11,638
12
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
13
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
14
Home Value: $222,100
Rent: $776/mo
Affordability: 214
Population: 28,922
15
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
Frequently Asked Questions About Affordability in Miami Shores
What is the most affordable neighborhood in Miami Shores, FL?▾
Based on 2026 data, Sanford is the most affordable neighborhood in Miami Shores with a median home value of $77,800. Kurby analyzed 15 neighborhoods in the Miami Shores area to compile these rankings.
What is the median home price in Miami Shores, FL?▾
The median home price in Miami Shores is $573,500, which is 103% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Miami Shores affordable compared to the national average?▾
Miami Shores has an affordability index of 69, 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 Shores, FL?▾
The median monthly rent in Miami Shores is $1,946. This is 67% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Miami Shores?▾
The median household income in Miami Shores is $111,528 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 Shores are below the national average home price?▾
7 out of 15 ranked neighborhoods in Miami Shores have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).