What is the rental vacancy rate in Cutler Bay, FL?
The rental vacancy rate in Cutler Bay, FL is 4.5% (±2.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.0% (±0.8 points).
605 (±218) homes, 4.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Cutler Bay, the rental vacancy rate went from 1.5% in 2015–2019 to 4.5% in 2020–2024 (+3.0 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 4.5% (±2.3 points)
- Homeowner vacancy rate
- 1.0% (±0.8 points)
- Vacant homes
- 605 (±218)
Vacancy in Cutler Bay against Miami-Dade County, its state and the nation
| Cutler Bay | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.5% (±2.3 points) | 5.5% (±0.3 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.0% (±0.8 points) | 1.2% (±0.1 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 605 (±218) | 119,572 (±2,516) | 1,503,660 (±20,826) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Cutler Bay, the rental vacancy rate is not measurably different from Miami-Dade County (5.5%).
It is also lower than in Florida (7.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Cutler Bay
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Cutler Bay | — | 4.5% (±2.3 points) | — |
| West Perrine | 2.8 mi | 4.6% (±4.1 points) | Not measurably different |
| Palmetto Bay | 3.3 mi | 3.3% (±3.5 points) | Not measurably different |
| South Miami Heights | 3.3 mi | 3.7% (±2.1 points) | Not measurably different |
| Goulds | 3.5 mi | 2.8% (±3.4 points) | Not measurably different |
| Palmetto Estates | 3.6 mi | 0.0% (±8.7 points) | Not measurably different |
| Richmond Heights | 4.6 mi | 3.1% (±5.4 points) | Not measurably different |
| Princeton | 4.7 mi | 0.6% (±0.9 points) | Lower |
| Three Lakes | 6.2 mi | 1.8% (±2.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Princeton, FL (0.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Miami-Dade County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 21 | Homestead | 5.6% (±2.4 points) |
| 22 | Virginia Gardens | 5.1% (±7.1 points) |
| 23 | Westchester | 5.0% (±2.6 points) |
| 24 | Opa-locka | 4.9% (±2.4 points) |
| 25 | West Perrine | 4.6% (±4.1 points) |
| 26 (tie) | Biscayne Gardens | 4.5% (±2.2 points) |
| 26 (tie) | Cutler Bay | 4.5% (±2.3 points) |
| 28 | Pinewood | 4.2% (±2.4 points) |
| 29 | The Hammocks | 4.0% (±2.0 points) |
| 30 | Westview | 3.8% (±4.5 points) |
| 31 (tie) | Coral Terrace | 3.7% (±2.7 points) |
| 31 (tie) | South Miami Heights | 3.7% (±2.1 points) |
| 33 (tie) | Ives Estates | 3.6% (±2.9 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.
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Questions about Cutler Bay
Is it hard to find a rental in Cutler Bay?
The rental vacancy rate in Cutler Bay, FL is 4.5% (±2.3 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Cutler Bay tighter than it was?
In Cutler Bay, the rental vacancy rate went from 1.5% in 2015–2019 to 4.5% in 2020–2024 (+3.0 percentage points), a measurable increase.
How many homes are vacant in Cutler Bay?
An estimated 605 (±218) housing units, 4.0% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cutler Bay town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cutler Bay town, Florida
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) for Cutler Bay town, Florida (place:15968, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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
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- Housing data for every place in Florida