Miami, FL Real Estate
According to census data in the year 2000 there were 148,554 housing units in Miami.
This represents a 2.8% growth from 144,550 in 1990.
Of those housing units, 148,554 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Miami is about 34.9%.
Miami's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Miami were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||0.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1956|
|Median Value of occupied units||$120,100|
|Median Price asked for vacant units||$114,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1966|
|Median Monthly Rent asked for vacant units||$438|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||5.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||25.1%|