Year: 2026 2025 2024
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Miami, United States

Property prices · 2026 · Americas · Price +2.9% vs 2025

Price/sqm — City Centre USD 9,095
Price/sqm — Outside Centre USD 5,885
1-Bed Rent / Month USD 2,675
3-Bed Rent / Month USD 4,815
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 (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Miami
Miami USD 9,095 USD 5,885 USD 2,675
New York USD 19,795 USD 11,235 USD 3,745 +117.6%
San Francisco USD 17,976 USD 10,486 USD 3,424 +97.6%
Seattle USD 12,305 USD 7,704 USD 2,996 +35.3%
Los Angeles USD 12,305 USD 8,025 USD 2,996 +35.3%
Boston USD 10,914 USD 6,848 USD 2,782 +20%
Washington DC USD 10,165 USD 6,313 USD 2,568 +11.8%
Austin USD 7,704 USD 4,815 USD 2,033 -15.3%
Denver USD 7,276 USD 4,494 USD 1,926 -20%

Other Americas cities (2026)

Frequently asked questions

How much does property cost in Miami in 2026?

In Miami, the average price per sqm in the city centre is USD 9,095, and USD 5,885 outside the centre (2026 data). Prices have risen 7% since 2024.

How much is rent in Miami in 2026?

A 1-bedroom apartment in Miami rents for approximately USD 2,675 per month in 2026. A 3-bedroom apartment costs around USD 4,815/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 2026?

The average mortgage rate in United States is approximately 6.80% as of 2026. 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 +2.9% vs 2025. 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 9,095 in 2026. Outside the centre, expect to pay around USD 5,885/sqm.

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