What percentage of people rent in South Miami, FL?
39.8% (±5.2 points) of the occupied homes in South Miami, FL are rented (2020–2024 American Community Survey).
That is 1,871 renting households against 2,833 that own their home.
In South Miami, the share of households that rent went from 46.2% in 2015–2019 to 39.8% in 2020–2024 (−6.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 39.8% (±5.2 points)
- Renting households
- 1,871 (±301)
- Median renter income
- $35,661 (±$6,616)
Who rents and who owns in South Miami
| South Miami | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 39.8% (±5.2 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 1,871 (±301) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 2,833 (±265) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.3) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $35,661 (±$6,616) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $155,545 (±$28,206) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In South Miami, the renter share is lower than in Miami-Dade County (47.8%).
It is also higher than in Florida (32.4%).
It is not measurably different from the national figure (34.8%).
In Miami-Dade County, South Miami ranks 34 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 211 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in South Miami has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 46.2% (±4.4 points) | 39.8% (±5.2 points) | −6.4 percentage points | Not a measurable change |
| Median gross rent | $1,338 (±$98) | $1,764 (±$149) | +31.8% | No measurable change after inflation |
| Median household income | $62,067 (±$10,017) | $94,507 (±$14,364) | +52.3% | 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 South Miami
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| South Miami | — | 39.8% (±5.2 points) | — |
| Glenvar Heights | 1.3 mi | 56.5% (±5.2 points) | Higher |
| Coral Terrace | 2.7 mi | 39.7% (±4.2 points) | Not measurably different |
| Coral Gables | 2.7 mi | 35.5% (±2.8 points) | Not measurably different |
| Olympia Heights | 3.0 mi | 15.2% (±5.3 points) | Lower |
| Pinecrest | 3.1 mi | 17.2% (±3.1 points) | Lower |
| West Miami | 3.4 mi | 49.7% (±5.7 points) | Higher |
| Sunset | 3.6 mi | 23.0% (±4.3 points) | Lower |
| Westchester | 4.4 mi | 34.8% (±3.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Olympia Heights, FL (15.2%), Pinecrest, FL (17.2%), Sunset, FL (23.0%).
Nearby places with a measurably higher figure: Glenvar Heights, FL (56.5%), 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 |
|---|---|---|
| 28 | Goulds | 43.9% (±8.4 points) |
| 29 | West Little River | 43.4% (±4.6 points) |
| 30 | Ives Estates | 43.2% (±5.3 points) |
| 31 | Bal Harbour | 42.4% (±10.8 points) |
| 32 | Miami Lakes | 40.2% (±3.1 points) |
| 33 | Indian Creek | 40.0% (±49.0 points) |
| 34 | South Miami | 39.8% (±5.2 points) |
| 35 | Coral Terrace | 39.7% (±4.2 points) |
| 36 | Miami Springs | 38.9% (±6.0 points) |
| 37 | Hialeah Gardens | 38.8% (±4.7 points) |
| 38 | South Miami Heights | 37.9% (±3.3 points) |
| 39 | Kendall | 37.8% (±2.8 points) |
| 40 | The Hammocks | 37.3% (±3.5 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 South Miami
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Questions about South Miami
How many renters are there in South Miami?
South Miami has an estimated 1,871 (±301) renting households, 39.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in South Miami?
In South Miami, the share of households that rent went from 46.2% in 2015–2019 to 39.8% in 2020–2024 (−6.4 percentage points), not a measurable change.
How big are renting households in South Miami?
A renting household in South Miami has 1.9 people on average, against 3.1 in an owned home.
How much do renters earn in South Miami?
The median renting household in South Miami, FL has an income of $35,661 (±$6,616) a year, against $155,545 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Miami city, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — South Miami city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Miami city, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Miami city, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — South 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 South Miami city, Florida (place:67550, 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
- Housing in South Miami at a glance
- Median rent in South Miami
- Rent by bedrooms in South Miami
- Rent burden in South Miami
- Income and affordability in South Miami
- Home values in South Miami
- Homeowner costs in South Miami
- Property taxes in South Miami
- Types of homes in South Miami
- Bedrooms in South Miami
- Age of homes in South Miami
- Vacancy rate in South Miami
- Heating fuel in South Miami
- Commute and cars in South Miami
- Crime reported to police in South Miami
- Population growth in South Miami
- How long people stay in South Miami
- Crowding and facilities in South Miami
- Fair Market Rent in South 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