What percentage of people rent in Miami Beach, FL?

59.1% (±2.0 points) of the occupied homes in Miami Beach, FL are rented (2020–2024 American Community Survey).

That is 24,598 renting households against 17,002 that own their home.

In Miami Beach, the share of households that rent went from 63.4% in 2015–2019 to 59.1% in 2020–2024 (−4.3 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
59.1% (±2.0 points)
Renting households
24,598 (±988)
Median renter income
$54,148 (±$5,581)

Who rents and who owns in Miami Beach

Tenure, estimate (90% margin of error)
Miami BeachMiami-Dade CountyFloridaUnited States
Renter-occupied share59.1% (±2.0 points)47.8% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households24,598 (±988)465,971 (±5,269)2,834,163 (±17,461)45,017,354
Owning households17,002 (±907)509,440 (±5,300)5,918,647 (±31,594)84,210,142
Average renter household size1.9 (±0.1)2.6 (±0.0)2.5 (±0.0)2.3
Average owner household size2.1 (±0.1)2.9 (±0.0)2.5 (±0.0)2.6
Median renter household income$54,148 (±$5,581)$53,660 (±$1,055)$53,617 (±$353)$52,966
Median owner household income$121,029 (±$11,699)$94,956 (±$1,395)$88,144 (±$469)$100,009

In Miami Beach, the renter share is higher than in Miami-Dade County (47.8%).

It is also higher than in Florida (32.4%).

It is higher than the national figure (34.8%).

In Miami-Dade County, Miami Beach ranks 9 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 43 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Miami Beach has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent63.4% (±1.4 points)59.1% (±2.0 points)−4.3 percentage pointsMeasurable decrease
Median gross rent$1,396 (±$22)$1,826 (±$36)+30.8%Up after inflation
Median household income$53,971 (±$2,207)$72,856 (±$4,086)+35.0%Up 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 Miami Beach

Nearest places with a published estimate, compared with Miami Beach
PlaceDistanceHouseholds that rentCompared with this place
Miami Beach—59.1% (±2.0 points)—
North Bay Village2.7 mi57.6% (±7.5 points)Not measurably different
Fisher Island3.4 mi5.1% (±8.3 points)Lower
El Portal4.3 mi8.8% (±6.1 points)Lower
Miami Shores4.3 mi12.5% (±4.2 points)Lower
Miami4.5 mi69.2% (±0.8 points)Higher
Indian Creek4.7 mi40.0% (±49.0 points)Not measurably different
Surfside4.9 mi26.0% (±8.6 points)Lower
Biscayne Park5.3 mi22.0% (±9.1 points)Lower

Nearby places with a measurably lower figure: Fisher Island, FL (5.1%), El Portal, FL (8.8%), Miami Shores, FL (12.5%).

Nearby places with a measurably higher figure: Miami, FL (69.2%).

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

RankPlaceHouseholds that rent
3Opa-locka71.1% (±5.1 points)
4Miami69.2% (±0.8 points)
5Florida City68.8% (±6.4 points)
6Gladeview65.3% (±6.0 points)
7Brownsville64.3% (±5.8 points)
8Pinewood59.6% (±5.9 points)
9Miami Beach59.1% (±2.0 points)
10Sweetwater57.9% (±3.8 points)
11North Bay Village57.6% (±7.5 points)
12 (tie)Glenvar Heights56.5% (±5.2 points)
12 (tie)North Miami56.5% (±2.7 points)
14Leisure City56.4% (±5.2 points)
15Fountainebleau56.1% (±3.2 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 Miami Beach

One account for renting, owning, managing and fixing homes, with these figures beside you.

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Questions about Miami Beach

How many renters are there in Miami Beach?

Miami Beach has an estimated 24,598 (±988) renting households, 59.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Miami Beach?

In Miami Beach, the share of households that rent went from 63.4% in 2015–2019 to 59.1% in 2020–2024 (−4.3 percentage points), a measurable decrease.

How big are renting households in Miami Beach?

A renting household in Miami Beach has 1.9 people on average, against 2.1 in an owned home.

How much do renters earn in Miami Beach?

The median renting household in Miami Beach, FL has an income of $54,148 (±$5,581) a year, against $121,029 for households that own their home.

Sources

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 Miami Beach city, Florida (place:45025, 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.

Request a Census API 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 .

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