salaryRent is higher than in 71% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 5.4 years of household income. Commutes are long, about 30.1 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $81,400 a year. That is $39 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 273 of 479 cities from cheapest to most expensive.
How much do households earn in North Miami Beach?
Share of households by yearly income. 18.4% of households earn $100,000 or more.
Rent by apartment size in North Miami Beach
| Size | North Miami Beach | U.S. average |
|---|---|---|
| Studio | $1,619 | $1,338 |
| 1 bedroom | $1,544 | $1,324 |
| 2 bedrooms | $1,944 | $1,509 |
| 3 bedrooms | $2,395 | $1,698 |
| 4 bedrooms | $2,459 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is North Miami Beach overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for North Miami Beach, so the Florida figure is shown.
Taxes and bills in North Miami Beach
Life in North Miami Beach
Is it cheaper to rent or buy in North Miami Beach?
Renting is cheaper right now: about $509 a month less.
Owning assumes a typical $366,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,670 for the down payment.
Frequently asked questions
What is the average rent in North Miami Beach, FL?
Renting in North Miami Beach costs a median of about $2,035 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in North Miami Beach?
To keep rent under 30% of income, you need about $81,400 a year, or $39 an hour at a full-time job.
Is North Miami Beach cheap or expensive?
North Miami Beach is rated Expensive: rent takes 35.8% of the typical household income of $68,247. It ranks 273rd cheapest of 479 Florida cities we track.
How much are property taxes in North Miami Beach?
The median homeowner in North Miami Beach pays $2,474 a year in property taxes, about 0.67% of the median home value.
Is North Miami Beach more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in North Miami Beach?
The median home value in North Miami Beach is $366,700, about 5.4 times the typical yearly household income.
43,898 people live in North Miami Beach. Numbers are typical (middle) values.