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RE Intelligence

Rental numbers for Miami-Dade County, FL

The typical home here runs -$1,391 a month at 7.78% with 25% down, breaking even at about 1.9%. 0 of 74 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%.

Gross yield
6.5%
typical home, Zillow
Median ZIP yield
6.4%
74 ZIPs with full data
Cash flow
-$1,391/mo
at 7.78%, 25% down
Typical price
$521,000
Zillow ZHVI, Aug 2026
Typical rent
$2,837/mo
Zillow ZORI, Aug 2026

ZIP codes in Miami-Dade County

78 with published figures

33179Ives Estates$273,000$2,29810.1%5.9%-$135+0.7%
33016Miami Lakes$294,000$2,3999.8%5.8%-$152-1.7%
33136Miami$319,000$2,5899.8%5.8%-$173+0.1%
33172Fountainbleau$296,000$2,3859.7%5.8%-$1600.0%
33126Miami$298,000$2,3659.5%5.5%-$241+0.0%
33181North Miami$315,000$2,3408.9%4.8%-$431+2.2%
33035Homestead$325,000$2,2888.4%4.5%-$543-1.3%
33180Aventura$457,000$3,1758.3%4.7%-$677+1.6%
33132Miami$514,000$3,5118.2%4.3%-$907+1.6%
33190Cutler Bay$433,000$2,9538.2%4.1%-$844+3.1%
33194$571,000$3,7898.0%4.4%-$995n/a
33131Miami$585,000$3,8317.9%4.2%-$1,119+0.7%
33034Florida City$379,000$2,4587.8%4.3%-$682-1.7%
33130Miami$511,000$3,3127.8%4.1%-$1,013+0.3%
33128Miami$433,000$2,7997.8%4.2%-$820-1.6%
33183Miami$399,000$2,4607.4%3.9%-$856-1.1%
33139Miami Beach$464,000$2,8357.3%3.7%-$1,056+3.3%
33055Opa-locka$503,000$3,0377.2%4.0%-$1,051+3.6%
33174Fountainbleau$443,000$2,6547.2%3.8%-$996+0.5%
33033Homestead$432,000$2,5817.2%3.5%-$1,066+1.1%
33160North Miami Beach$517,000$3,0637.1%3.6%-$1,234+0.8%
33167Westview$468,000$2,7647.1%3.9%-$1,003n/a
33032Homestead$452,000$2,6647.1%3.5%-$1,118+1.0%
33018Hialeah$528,000$3,0947.0%3.7%-$1,233+2.2%
33168North Miami$465,000$2,7137.0%3.8%-$1,051+0.1%
33012Hialeah$385,000$2,2016.9%3.6%-$927+0.4%
33141Miami Beach$423,000$2,4186.9%3.3%-$1,117+1.8%
33015Hialeah$395,000$2,2536.8%3.4%-$1,015-1.3%
33127Miami$529,000$2,9566.7%3.5%-$1,328+2.2%
33056Miami Gardens$481,000$2,6606.6%3.4%-$1,252+7.7%
33054Opa-locka$431,000$2,3246.5%3.1%-$1,195-0.9%
33142Brownsville$426,000$2,3036.5%3.2%-$1,152+0.6%
33150West Little River$451,000$2,4336.5%3.0%-$1,285+0.7%
33178Doral$554,000$2,9866.5%3.0%-$1,607+1.2%
33014Miami Lakes$439,000$2,3626.5%3.1%-$1,231+0.4%
33140Miami Beach$685,000$3,6756.4%3.3%-$1,807+4.2%
33193Miami$442,000$2,3746.4%3.0%-$1,283+1.1%
33137Miami$676,000$3,5726.3%2.9%-$1,990+3.4%
33129Miami$694,000$3,5896.2%3.1%-$1,967+1.0%
33125Miami$462,000$2,3806.2%2.9%-$1,352+0.1%
33185Miami$672,000$3,4656.2%3.0%-$1,938+8.6%
33189Cutler Bay$550,000$2,8036.1%3.0%-$1,576+5.4%
33177Miami$572,000$2,8195.9%2.9%-$1,712+0.1%
33175Miami$625,000$3,0715.9%2.9%-$1,869+4.9%
33186The Crossings$522,000$2,5395.8%2.7%-$1,630-0.1%
33162North Miami Beach$469,000$2,2525.8%2.8%-$1,450-1.7%
33165Miami$681,000$3,2485.7%2.8%-$2,061-2.6%
33184Miami$566,000$2,6995.7%2.7%-$1,775n/a
33030Homestead$520,000$2,4755.7%2.6%-$1,656+2.1%
33166Miami Springs$604,000$2,8505.7%2.4%-$2,052+0.6%
33147West Little River$444,000$2,0745.6%2.6%-$1,435+0.5%
33196The Hammocks$567,000$2,6145.5%2.4%-$1,934+0.8%
33161North Miami$497,000$2,2675.5%2.4%-$1,677+3.1%
33173Miami$567,000$2,5605.4%2.4%-$1,911-0.4%
33182Miami$665,000$2,9805.4%2.4%-$2,265n/a
33013Hialeah$566,000$2,5245.3%2.6%-$1,832-0.3%
33169Miami Gardens$471,000$2,0695.3%2.2%-$1,689-0.1%
33170Miami$570,000$2,5055.3%2.2%-$2,038-0.9%
33187Miami$718,000$3,070*5.1%2.3%-$2,510n/a
33149Key Biscayne$1,703,000$7,1625.1%2.6%-$5,512+5.3%
33157Village of Palmetto Bay$629,000$2,6135.0%2.1%-$2,287-0.5%
33145Miami$735,000$2,9624.8%2.1%-$2,673+1.3%
33135Miami$527,000$2,0804.7%1.7%-$2,086-1.7%
33154Bal Harbour$1,243,000$4,8354.7%2.0%-$4,615+5.0%
33010Hialeah$532,000$2,0634.7%1.8%-$2,069+2.1%
33155Miami$713,000$2,7164.6%1.8%-$2,762+3.5%
33176Miami$626,000$2,3044.4%1.6%-$2,533-0.1%
33144Miami$620,000$2,2754.4%1.5%-$2,542+1.7%
33134Coral Gables$883,000$2,9874.1%1.4%-$3,757+3.5%
33138Miami$808,000$2,3763.5%0.9%-$3,740+1.5%
33143Miami$954,000$2,7363.4%1.0%-$4,323+4.4%
33133Miami$1,366,000$3,6213.2%0.7%-$6,521+2.4%
33158Village of Palmetto Bay$1,377,000$3,650*3.2%0.7%-$6,586n/a
33031Homestead$908,000$2,340*3.1%0.6%-$4,464n/a
33146Coral Gables$1,933,000$3,6352.3%0.1%-$10,325+3.9%
33156Pinecrest$1,521,000$2,7592.2%-0.1%-$8,331+3.4%
33122Miami$1,504,000$2,7052.2%0.2%-$7,898-2.5%
33109Miami Beach$6,863,000$3,580*0.6%-1.0%-$42,709n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
-0.0%
Rent, 12 months
+1.1%
Rent minus price growth
+1.1 pts
Property tax
0.81%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013014015020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$382,445$2,192
Aug 2022$472,649$2,719
Aug 2023$502,560$2,745
Aug 2024$538,273$2,796
Aug 2025$521,087$2,807
Aug 2026$521,012$2,837

HUD Fair Market Rent

FY2027, Miami-Miami Beach-Kendall, FL HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,953$2,121$2,564$3,277$3,749

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
11.5
11,258 units, last 12 months
National percentile
76th
among US counties

Tools

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Part of the Miami, FL metro.

Questions

Is Miami-Dade County good for rental property?
The typical home here runs -$1,391 a month at 7.78% with 25% down, breaking even at about 1.9%. 0 of 74 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Miami-Dade County?
About 0.81% of value, from Census ACS median taxes paid over median home value. On a $521,000 home that is about $4,215 a year.
What is Fair Market Rent in Miami-Dade County?
HUD's FY2027 Fair Market Rent here is $2,121 for a 1-bedroom, $2,564 for a 2-bedroom and $3,277 for a 3-bedroom. Typical cash flow at today's rate is -$1,391 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.