Miami, Florida

📊 Miami Market Analysis

In Miami, the real estate market currently shows a Price-to-Rent ratio of **16.4**. With an average home price of $550,000 and monthly rents averaging $2,800, market conditions suggest that **buying** may build wealth faster than renting over a 5-year period. Financial modeling suggests buying only breaks even after **7-15 years**. For expats and digital nomads staying less than 3 years, renting saves approximately **$57,200** annually in unrecoverable costs (interest, taxes, and transaction fees). Use the calculator below to input your exact scenario.