What percentage of people rent in Miami Shores, FL?
12.5% (±4.2 points) of the occupied homes in Miami Shores, FL are rented (2020–2024 American Community Survey).
That is 456 renting households against 3,181 that own their home.
In Miami Shores, the share of households that rent went from 11.1% in 2015–2019 to 12.5% in 2020–2024 (+1.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 12.5% (±4.2 points)
- Renting households
- 456 (±153)
- Median renter income
- $84,333 (±$36,728)
Who rents and who owns in Miami Shores
| Miami Shores | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 12.5% (±4.2 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 456 (±153) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 3,181 (±251) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.5 (±0.5) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.2) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $84,333 (±$36,728) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $151,080 (±$13,538) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In Miami Shores, the renter share is lower than in Miami-Dade County (47.8%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Miami-Dade County, Miami Shores ranks 66 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 699 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Miami Shores has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.1% (±3.8 points) | 12.5% (±4.2 points) | +1.4 percentage points | Not a measurable change |
| Median gross rent | $1,523 (±$367) | $2,657 (±$664) | +74.5% | No measurable change after inflation |
| Median household income | $123,478 (±$10,332) | $144,050 (±$15,633) | +16.7% | 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 Miami Shores
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Miami Shores | — | 12.5% (±4.2 points) | — |
| Biscayne Park | 1.0 mi | 22.0% (±9.1 points) | Not measurably different |
| El Portal | 1.4 mi | 8.8% (±6.1 points) | Not measurably different |
| North Bay Village | 2.1 mi | 57.6% (±7.5 points) | Higher |
| Pinewood | 2.4 mi | 59.6% (±5.9 points) | Higher |
| North Miami | 2.4 mi | 56.5% (±2.7 points) | Higher |
| Indian Creek | 2.7 mi | 40.0% (±49.0 points) | Not measurably different |
| Bay Harbor Islands | 3.1 mi | 51.1% (±7.9 points) | Higher |
| Surfside | 3.4 mi | 26.0% (±8.6 points) | Higher |
Nearby places with a measurably higher figure: North Bay Village, FL (57.6%), Pinewood, FL (59.6%), North Miami, FL (56.5%).
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 |
|---|---|---|
| 60 | Palmetto Bay | 21.8% (±3.7 points) |
| 61 | Country Walk | 20.1% (±5.8 points) |
| 62 | Pinecrest | 17.2% (±3.1 points) |
| 63 | Richmond West | 16.2% (±3.2 points) |
| 64 | Olympia Heights | 15.2% (±5.3 points) |
| 65 | Palmetto Estates | 13.7% (±3.6 points) |
| 66 | Miami Shores | 12.5% (±4.2 points) |
| 67 | Palm Springs North | 11.8% (±5.3 points) |
| 68 | El Portal | 8.8% (±6.1 points) |
| 69 | Fisher Island | 5.1% (±8.3 points) |
| 70 | Golden Beach | 0.0% (±21.0 points) |
Showing 11 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 Shores
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Questions about Miami Shores
How many renters are there in Miami Shores?
Miami Shores has an estimated 456 (±153) renting households, 12.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Miami Shores?
In Miami Shores, the share of households that rent went from 11.1% in 2015–2019 to 12.5% in 2020–2024 (+1.4 percentage points), not a measurable change.
How big are renting households in Miami Shores?
A renting household in Miami Shores has 2.5 people on average, against 2.8 in an owned home.
How much do renters earn in Miami Shores?
The median renting household in Miami Shores, FL has an income of $84,333 (±$36,728) a year, against $151,080 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Miami Shores village, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Miami Shores village, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Miami Shores village, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Miami Shores village, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Miami Shores 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 Miami Shores village, Florida (place:45175, 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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- Population growth in Miami Shores
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- Crowding and facilities in Miami Shores
- Fair Market Rent in Miami Shores
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida