What is the rental vacancy rate in North Miami Beach, FL?
The rental vacancy rate in North Miami Beach, FL is 8.1% (±3.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 2.2% (±1.5 points).
2,230 (±343) homes, 12.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In North Miami Beach, the rental vacancy rate went from 8.3% in 2015–2019 to 8.1% in 2020–2024 (−0.2 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 8.1% (±3.2 points)
- Homeowner vacancy rate
- 2.2% (±1.5 points)
- Vacant homes
- 2,230 (±343)
Vacancy in North Miami Beach against Miami-Dade County, its state and the nation
| North Miami Beach | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 8.1% (±3.2 points) | 5.5% (±0.3 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 2.2% (±1.5 points) | 1.2% (±0.1 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 2,230 (±343) | 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 North Miami Beach, the rental vacancy rate is not measurably different from Miami-Dade County (5.5%).
It is not measurably different from Florida (7.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near North Miami Beach
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| North Miami Beach | — | 8.1% (±3.2 points) | — |
| Ojus | 1.7 mi | 8.2% (±5.4 points) | Not measurably different |
| North Miami | 2.0 mi | 3.6% (±1.4 points) | Lower |
| Biscayne Gardens | 2.5 mi | 4.5% (±2.2 points) | Not measurably different |
| Ives Estates | 2.6 mi | 3.6% (±2.9 points) | Lower |
| Sunny Isles Beach | 2.7 mi | 23.8% (±4.2 points) | Higher |
| Aventura | 2.9 mi | 7.3% (±2.7 points) | Not measurably different |
| Biscayne Park | 3.5 mi | 0.0% (±21.5 points) | Not measurably different |
| West Park | 3.5 mi | 6.7% (±5.2 points) | Not measurably different |
Nearby places with a measurably lower figure: North Miami, FL (3.6%), Ives Estates, FL (3.6%).
Nearby places with a measurably higher figure: Sunny Isles Beach, FL (23.8%).
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 |
|---|---|---|
| 4 | Key Biscayne | 16.3% (±7.6 points) |
| 5 | Bal Harbour | 12.6% (±11.7 points) |
| 6 | Coral Gables | 11.4% (±4.2 points) |
| 7 | Surfside | 8.8% (±13.7 points) |
| 8 | Fountainebleau | 8.7% (±2.3 points) |
| 9 | Ojus | 8.2% (±5.4 points) |
| 10 | North Miami Beach | 8.1% (±3.2 points) |
| 11 | Miami Beach | 7.6% (±1.5 points) |
| 12 | Glenvar Heights | 7.4% (±3.5 points) |
| 13 | Aventura | 7.3% (±2.7 points) |
| 14 | North Bay Village | 7.1% (±6.9 points) |
| 15 | Kendale Lakes | 7.0% (±3.1 points) |
| 16 (tie) | Doral | 6.5% (±2.1 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 North Miami Beach
Is it hard to find a rental in North Miami Beach?
The rental vacancy rate in North Miami Beach, FL is 8.1% (±3.2 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 North Miami Beach tighter than it was?
In North Miami Beach, the rental vacancy rate went from 8.3% in 2015–2019 to 8.1% in 2020–2024 (−0.2 percentage points), not a measurable change.
How many homes are vacant in North Miami Beach?
An estimated 2,230 (±343) housing units, 12.7% 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 — North Miami Beach city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — North Miami Beach city, 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 North Miami Beach city, Florida (place:49475, 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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