What percentage of people rent in North Miami, FL?
56.5% (±2.7 points) of the occupied homes in North Miami, FL are rented (2020–2024 American Community Survey).
That is 11,388 renting households against 8,783 that own their home.
In North Miami, the share of households that rent went from 57.6% in 2015–2019 to 56.5% in 2020–2024 (−1.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 56.5% (±2.7 points)
- Renting households
- 11,388 (±694)
- Median renter income
- $48,134 (±$3,079)
Who rents and who owns in North Miami
| North Miami | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 56.5% (±2.7 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 11,388 (±694) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 8,783 (±651) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.8 (±0.2) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.2) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $48,134 (±$3,079) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $76,475 (±$6,958) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In North Miami, 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, North Miami ranks 13 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 59 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in North Miami has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 57.6% (±2.3 points) | 56.5% (±2.7 points) | −1.1 percentage points | Not a measurable change |
| Median gross rent | $1,172 (±$26) | $1,702 (±$47) | +45.2% | Up after inflation |
| Median household income | $41,611 (±$3,013) | $57,188 (±$3,886) | +37.4% | 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 North Miami
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| North Miami | — | 56.5% (±2.7 points) | — |
| Biscayne Park | 1.5 mi | 22.0% (±9.1 points) | Lower |
| North Miami Beach | 2.0 mi | 47.8% (±3.8 points) | Lower |
| Biscayne Gardens | 2.2 mi | 47.1% (±4.8 points) | Lower |
| Bay Harbor Islands | 2.4 mi | 51.1% (±7.9 points) | Not measurably different |
| Miami Shores | 2.4 mi | 12.5% (±4.2 points) | Lower |
| Indian Creek | 2.5 mi | 40.0% (±49.0 points) | Not measurably different |
| Bal Harbour | 2.9 mi | 42.4% (±10.8 points) | Lower |
| Surfside | 3.1 mi | 26.0% (±8.6 points) | Lower |
Nearby places with a measurably lower figure: Biscayne Park, FL (22.0%), North Miami Beach, FL (47.8%), Biscayne Gardens, FL (47.1%).
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 |
|---|---|---|
| 7 | Brownsville | 64.3% (±5.8 points) |
| 8 | Pinewood | 59.6% (±5.9 points) |
| 9 | Miami Beach | 59.1% (±2.0 points) |
| 10 | Sweetwater | 57.9% (±3.8 points) |
| 11 | North Bay Village | 57.6% (±7.5 points) |
| 12 (tie) | Glenvar Heights | 56.5% (±5.2 points) |
| 12 (tie) | North Miami | 56.5% (±2.7 points) |
| 14 | Leisure City | 56.4% (±5.2 points) |
| 15 | Fountainebleau | 56.1% (±3.2 points) |
| 16 | Country Club | 54.3% (±3.2 points) |
| 17 | Doral | 53.5% (±2.8 points) |
| 18 | Hialeah | 53.4% (±1.4 points) |
| 19 | Homestead | 51.7% (±3.3 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 North Miami
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Questions about North Miami
How many renters are there in North Miami?
North Miami has an estimated 11,388 (±694) renting households, 56.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in North Miami?
In North Miami, the share of households that rent went from 57.6% in 2015–2019 to 56.5% in 2020–2024 (−1.1 percentage points), not a measurable change.
How big are renting households in North Miami?
A renting household in North Miami has 2.8 people on average, against 3.1 in an owned home.
How much do renters earn in North Miami?
The median renting household in North Miami, FL has an income of $48,134 (±$3,079) a year, against $76,475 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Miami city, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — North Miami city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — North Miami city, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Miami city, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — North Miami city, 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 North Miami city, Florida (place:49450, 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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- Median rent in North Miami
- Rent by bedrooms in North Miami
- Rent burden in North Miami
- Income and affordability in North Miami
- Home values in North Miami
- Homeowner costs in North Miami
- Property taxes in North Miami
- Types of homes in North Miami
- Bedrooms in North Miami
- Age of homes in North Miami
- Vacancy rate in North Miami
- Heating fuel in North Miami
- Commute and cars in North Miami
- Crime reported to police in North Miami
- Population growth in North Miami
- How long people stay in North Miami
- Crowding and facilities in North Miami
- Fair Market Rent in North Miami
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida