Year: 2026 2025 2024
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Miami, United States

Property prices · 2025 · Americas · Price +4% vs 2024

Price/sqm — City Centre USD 8,840
Price/sqm — Outside Centre USD 5,720
1-Bed Rent / Month USD 2,600
3-Bed Rent / Month USD 4,680
Avg Mortgage Rate 6.80%
Price-to-Rent Ratio 20.0x Buying and renting are roughly comparable

Property price trend in Miami (2024–2026)

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Property comparison — cities in United States (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Miami
Miami USD 8,840 USD 5,720 USD 2,600
New York USD 19,240 USD 10,920 USD 3,640 +117.6%
San Francisco USD 17,472 USD 10,192 USD 3,328 +97.6%
Los Angeles USD 11,960 USD 7,800 USD 2,912 +35.3%
Seattle USD 11,937 USD 7,474 USD 2,906 +35%
Boston USD 10,588 USD 6,643 USD 2,699 +19.8%
Washington DC USD 9,861 USD 6,124 USD 2,491 +11.5%
Austin USD 7,474 USD 4,671 USD 1,972 -15.5%
Denver USD 7,058 USD 4,360 USD 1,868 -20.2%

Other Americas cities (2025)

Frequently asked questions

How much does property cost in Miami in 2025?

In Miami, the average price per sqm in the city centre is USD 8,840, and USD 5,720 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Miami in 2025?

A 1-bedroom apartment in Miami rents for approximately USD 2,600 per month in 2025. A 3-bedroom apartment costs around USD 4,680/month.

Is it better to buy or rent in Miami?

Buying and renting are roughly comparable in Miami. The price-to-rent ratio is 20.0x — it would take approximately 20.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.80%.

What are mortgage rates in United States in 2025?

The average mortgage rate in United States is approximately 6.80% as of 2025. With a price-to-rent ratio of 20.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Miami changed?

Property prices in Miami have changed +4% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Miami?

The average property price per square metre in Miami city centre is USD 8,840 in 2025. Outside the centre, expect to pay around USD 5,720/sqm.

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