What percentage of people rent in Bal Harbour, FL?
42.4% (±10.8 points) of the occupied homes in Bal Harbour, FL are rented (2020–2024 American Community Survey).
That is 623 renting households against 848 that own their home.
In Bal Harbour, the share of households that rent went from 21.1% in 2015–2019 to 42.4% in 2020–2024 (+21.3 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 42.4% (±10.8 points)
- Renting households
- 623 (±182)
- Median renter income
- $78,647 (±$8,855)
Who rents and who owns in Bal Harbour
| Bal Harbour | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 42.4% (±10.8 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 623 (±182) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 848 (±198) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.1 (±0.6) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.3) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $78,647 (±$8,855) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $115,882 (±$90,341) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In Bal Harbour, the renter share is not measurably different from Miami-Dade County (47.8%).
It is not measurably different from Florida (32.4%).
It is not measurably different from the national figure (34.8%).
In Miami-Dade County, Bal Harbour ranks 31 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 169 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Bal Harbour has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.1% (±9.0 points) | 42.4% (±10.8 points) | +21.3 percentage points | Measurable increase |
| Median gross rent | $1,845 (±$240) | $2,804 (±$747) | +52.0% | No measurable change after inflation |
| Median household income | $76,962 (±$14,133) | $80,806 (±$19,248) | +5.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Bal Harbour
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Bal Harbour | — | 42.4% (±10.8 points) | — |
| Bay Harbor Islands | 0.7 mi | 51.1% (±7.9 points) | Not measurably different |
| Surfside | 1.0 mi | 26.0% (±8.6 points) | Lower |
| Indian Creek | 1.4 mi | 40.0% (±49.0 points) | Not measurably different |
| North Miami | 2.9 mi | 56.5% (±2.7 points) | Higher |
| Sunny Isles Beach | 3.1 mi | 45.8% (±4.2 points) | Not measurably different |
| North Bay Village | 3.5 mi | 57.6% (±7.5 points) | Higher |
| North Miami Beach | 3.6 mi | 47.8% (±3.8 points) | Not measurably different |
| Biscayne Park | 3.7 mi | 22.0% (±9.1 points) | Lower |
Nearby places with a measurably lower figure: Surfside, FL (26.0%), Biscayne Park, FL (22.0%).
Nearby places with a measurably higher figure: North Miami, FL (56.5%), North Bay Village, FL (57.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Miami-Dade County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 25 | West Perrine | 46.3% (±8.3 points) |
| 26 | Sunny Isles Beach | 45.8% (±4.2 points) |
| 27 | Virginia Gardens | 44.0% (±8.6 points) |
| 28 | Goulds | 43.9% (±8.4 points) |
| 29 | West Little River | 43.4% (±4.6 points) |
| 30 | Ives Estates | 43.2% (±5.3 points) |
| 31 | Bal Harbour | 42.4% (±10.8 points) |
| 32 | Miami Lakes | 40.2% (±3.1 points) |
| 33 | Indian Creek | 40.0% (±49.0 points) |
| 34 | South Miami | 39.8% (±5.2 points) |
| 35 | Coral Terrace | 39.7% (±4.2 points) |
| 36 | Miami Springs | 38.9% (±6.0 points) |
| 37 | Hialeah Gardens | 38.8% (±4.7 points) |
Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Bal Harbour
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Bal Harbour, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Bal Harbour beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Bal Harbour, and send estimates and invoices from your phone.
Questions about Bal Harbour
How many renters are there in Bal Harbour?
Bal Harbour has an estimated 623 (±182) renting households, 42.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Bal Harbour?
In Bal Harbour, the share of households that rent went from 21.1% in 2015–2019 to 42.4% in 2020–2024 (+21.3 percentage points), a measurable increase.
How big are renting households in Bal Harbour?
A renting household in Bal Harbour has 2.1 people on average, against 2.1 in an owned home.
How much do renters earn in Bal Harbour?
The median renting household in Bal Harbour, FL has an income of $78,647 (±$8,855) a year, against $115,882 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bal Harbour village, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bal Harbour village, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bal Harbour village, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bal Harbour village, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bal Harbour village, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bal Harbour village, Florida (place:03275, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Bal Harbour at a glance
- Median rent in Bal Harbour
- Rent burden in Bal Harbour
- Income and affordability in Bal Harbour
- Home values in Bal Harbour
- Homeowner costs in Bal Harbour
- Property taxes in Bal Harbour
- Bedrooms in Bal Harbour
- Age of homes in Bal Harbour
- Vacancy rate in Bal Harbour
- Heating fuel in Bal Harbour
- Commute and cars in Bal Harbour
- Crime reported to police in Bal Harbour
- Population growth in Bal Harbour
- How long people stay in Bal Harbour
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida