What percentage of people rent in Key Biscayne, FL?
33.4% (±4.5 points) of the occupied homes in Key Biscayne, FL are rented (2020–2024 American Community Survey).
That is 1,654 renting households against 3,291 that own their home.
In Key Biscayne, the share of households that rent went from 30.5% in 2015–2019 to 33.4% in 2020–2024 (+2.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 33.4% (±4.5 points)
- Renting households
- 1,654 (±223)
- Median renter income
- $123,674 (±$42,030)
Who rents and who owns in Key Biscayne
| Key Biscayne | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 33.4% (±4.5 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 1,654 (±223) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 3,291 (±314) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 3.2 (±0.3) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.2) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $123,674 (±$42,030) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $247,750 (±$37,652) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In Key Biscayne, the renter share is lower than in 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, Key Biscayne ranks 48 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 324 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Key Biscayne has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.5% (±4.3 points) | 33.4% (±4.5 points) | +2.9 percentage points | Not a measurable change |
| Median household income | $151,310 (±$19,190) | $181,505 (±$39,472) | +20.0% | 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 Key Biscayne
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Key Biscayne | — | 33.4% (±4.5 points) | — |
| Fisher Island | 5.1 mi | 5.1% (±8.3 points) | Lower |
| Coral Gables | 6.0 mi | 35.5% (±2.8 points) | Not measurably different |
| Miami | 6.4 mi | 69.2% (±0.8 points) | Higher |
| South Miami | 8.2 mi | 39.8% (±5.2 points) | Not measurably different |
| Miami Beach | 8.4 mi | 59.1% (±2.0 points) | Higher |
| Pinecrest | 8.8 mi | 17.2% (±3.1 points) | Lower |
| West Miami | 9.4 mi | 49.7% (±5.7 points) | Higher |
| Glenvar Heights | 9.4 mi | 56.5% (±5.2 points) | Higher |
Nearby places with a measurably lower figure: Fisher Island, FL (5.1%), Pinecrest, FL (17.2%).
Nearby places with a measurably higher figure: Miami, FL (69.2%), Miami Beach, FL (59.1%), West Miami, FL (49.7%).
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 |
|---|---|---|
| 42 | Miami Gardens | 35.6% (±2.0 points) |
| 43 | Coral Gables | 35.5% (±2.8 points) |
| 44 (tie) | Ojus | 34.8% (±5.9 points) |
| 44 (tie) | Westchester | 34.8% (±3.4 points) |
| 46 | Westview | 34.5% (±8.7 points) |
| 47 | Medley | 34.0% (±11.8 points) |
| 48 (tie) | Key Biscayne | 33.4% (±4.5 points) |
| 48 (tie) | Three Lakes | 33.4% (±5.0 points) |
| 50 | Princeton | 30.7% (±4.7 points) |
| 51 | Cutler Bay | 30.3% (±3.1 points) |
| 52 | Richmond Heights | 29.1% (±9.2 points) |
| 53 | Kendale Lakes | 29.0% (±3.4 points) |
| 54 | Tamiami | 28.3% (±3.6 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 Key Biscayne
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Questions about Key Biscayne
How many renters are there in Key Biscayne?
Key Biscayne has an estimated 1,654 (±223) renting households, 33.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Key Biscayne?
In Key Biscayne, the share of households that rent went from 30.5% in 2015–2019 to 33.4% in 2020–2024 (+2.9 percentage points), not a measurable change.
How big are renting households in Key Biscayne?
A renting household in Key Biscayne has 3.2 people on average, against 2.9 in an owned home.
How much do renters earn in Key Biscayne?
The median renting household in Key Biscayne, FL has an income of $123,674 (±$42,030) a year, against $247,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Key Biscayne village, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Key Biscayne village, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Key Biscayne village, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Key Biscayne village, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Key Biscayne 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 Key Biscayne village, Florida (place:36300, 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
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- Rent burden in Key Biscayne
- Income and affordability in Key Biscayne
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- Homeowner costs in Key Biscayne
- Property taxes in Key Biscayne
- Types of homes in Key Biscayne
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- Age of homes in Key Biscayne
- Vacancy rate in Key Biscayne
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- Population growth in Key Biscayne
- How long people stay in Key Biscayne
- Crowding and facilities in Key Biscayne
- Fair Market Rent in Key Biscayne
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida