Cost of Living and Housing in Miami Lakes, Florida

Miami Lakes has about 31,553 residents. Median gross rent is $2,120 per month and median household income is $101,557.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $2,120/mo 28% above the dataset median

Median Home Value $626,400 67% above the dataset median

Median Household Income $101,557 21% above the dataset median

Owner-Occupied Homes 60% Share of occupied housing units

Rent-to-Income Baseline 25% Annual median rent ÷ household income

Home Value-to-Income 6.2x Median value ÷ household income

How Miami Lakes compares

Rent is 28% above the dataset median, while household income is 21% above the dataset median. Within Florida, Miami Lakes ranks #180 from lowest to highest rent and #35 from highest to lowest household income among 207 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Florida

Frequently asked questions

What is the median rent in Miami Lakes?

Median gross rent is $2,120 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Miami Lakes?

The median value of owner-occupied homes is $626,400 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Miami Lakes is $101,557 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.