South Beach vs Miami: Housing
| South Beach | Miami | |
|---|---|---|
| Median Home Value | $900,700 | $518,100 |
| Median Gross Rent | $3,501/mo | $1,758/mo |
| Homeownership Rate | 98.5% | 30.8% |
| Rent as Share of Income | 21.7% | 33.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.