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City · 12,943 residents · Miami-Dade County, Florida

Florida City , Florida

In Florida City, a typical home is worth $399,200 and typical rent is $1,362 a month. Compared with all of Miami-Dade County, typical household income is 34% lower, typical rent is 26% lower, and the share of households that own their home is 21 points lower.

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  • Typical home value

    $399,200

    14% below the county

    11% above Florida

    • Florida City
    • Miami-Dade
    • Florida

  • Typical rent

    $1,362a month

    26% below the county

    18% below Florida

    • Florida City
    • Miami-Dade
    • Florida

  • Typical household income

    $47,482a year

    34% below the county

    36% below Florida

    • Florida City
    • Miami-Dade
    • Florida

  • Households that own their home

    31%

    21 points below the county

    36 points below Florida

    • Florida City
    • Miami-Dade
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$371,415
4.7% less than 12 months ago
Typical rent
$2,552 a month
about the same as 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Florida City is in Miami-Dade County. The FHA loan limit ($667,000 for a one-unit home), the fair market rents and the help on this page are those of all of Miami-Dade County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Florida City apart

What this place has that others do not, from public data, most unusual first.

  1. Florida City has the 5th lowest homeownership rate of the 481 cities in Florida with more than 5,000 people (31%).

  2. The typical household income in Florida City is $47,482, 34% less than in Miami-Dade County as a whole ($71,753).

  3. The typical rent in Florida City is $1,362 a month, 26% less than in Miami-Dade County as a whole ($1,829).

  4. According to Zillow, in the 12 months to September 2026 the typical home value in Florida City fell 4.7%; in Florida, it fell 0.9%.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Florida City

What homes there are in Florida City, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Florida City there is a bit of everything: no kind of home reaches half. The most common are detached houses (40%), as in Miami-Dade County.

Year built

Here half of the homes date from 1990 or later; in Miami-Dade County, from 1980 or later.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,153 a month

Miami-Dade County: $2,451 a month

Without a mortgage

$533 a month

Miami-Dade County: $815 a month

Owners with a mortgage

65%

Miami-Dade County: 59%

Owning costs less in Florida City: with a mortgage, the typical cost is $2,153 a month; in Miami-Dade County, $2,451. Without one, $533.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Florida City gained value faster than in Miami-Dade County: 161% against 60%.

Rents in Florida City rose more slowly than in Miami-Dade County: 17% since 2015–2019, against 38%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureFlorida CityMiami-Dade CountyFloridaUnited States
Rental vacancy Unreliable estimate5.5%7.6%5.5%
Homeowner vacancy Unreliable estimate1.2%1.4%0.9%
More than one person per room 11.6%7.2%3.3%3.4%
People per household 3.172.762.512.53
Drive alone 67%69%70%69%
Carpool 17%9%9%9%
Public transit Unreliable estimate3%1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home 11%14%16%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

More households are short on space in Florida City: 11.6% have more than one person per room; in Miami-Dade County, 7.2%.

Households in Florida City are bigger: 3.17 people on average; in Miami-Dade County, 2.76.

Carpooling is common in Florida City: 17% of workers get to work that way, against 9% in Miami-Dade County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Florida City?

A typical home costs more than the typical income allows

We start with a typical home in Florida City, worth $399,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 81% of the typical household income in Florida City, which is $47,482 a year. For that payment to be 28% of income, a household would need to earn about $136,622 a year.

The calculator's FHA and conventional loan limits are those of all of Miami-Dade County.

Your numbers

Local data
$

Starts at the typical home value in Florida City. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,972 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,188

at 7.18% · 30 years

Loan amount
$391,969
Total interest
$563,952
Paid off in
November 2056

Includes $6,741 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,108 a month

  • Tight

    $1,108 to $1,424 a month

  • Hard

    more than $1,424 a month

    Your payment · 81%

Compared with the typical household income in Florida City ($47,482 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,188
Principal & interest$2,655
Property tax$190
Home insurance$166
FHA mortgage insurance (MIP)$177

You need at least $13,972 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Florida City and Miami-Dade County

Florida City is in Miami-Dade County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Florida City's own numbers

Typical home value
$399,200
Typical monthly rent
$1,362
Typical yearly household income
$47,482
Households that own their home
31%
Effective property tax rate
0.57%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Miami-Dade County

FHA limit, one-unit home
$667,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,564
Price change over 5 years (FHFA)
+80%
Homes in a high flood-risk zone
40%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Miami-Dade County.

Everything about Miami-Dade County

Buying

Buying a home in Florida City

A typical home in Florida City is worth $399,200: 14% below the county and 11% above Florida. With the typical household income in Florida City ($47,482 a year), a typical home costs 8.4 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Florida City 8.4 years
  • Miami-Dade 6.5 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Miami-Dade County

According to FHFA’s house price index, home prices in Miami-Dade County rose 148% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Miami-Dade County.

Period County Florida U.S.
Last year (2025) +2.8% −0.5% +2.9%
5 years (2020–2025) +80% +60% +47%
10 years (2015–2025) +148% +127% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Florida City next to Miami-Dade County, Florida and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Florida City $399,200
  • Miami-Dade $463,000
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Florida City $1,362
  • Miami-Dade $1,829
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Florida City $47,482
  • Miami-Dade $71,753
  • Florida $74,568
  • United States $80,734
See the full table
Florida City next to Miami-Dade County and Florida
Measure Florida City Miami-Dade County Florida U.S.
Typical home value $399,200 $463,000 $359,000 $332,700
Typical monthly rent $1,362 $1,829 $1,669 $1,413
Typical yearly household income $47,482 $71,753 $74,568 $80,734
Households that own their home 31% 52% 68% 65%
Typical yearly property tax $2,263 $3,744 $2,730 $3,119
Effective property tax rate 0.57% 0.81% 0.76% 0.94%
Renters with high rent for their income 66% 64% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Miami-Dade County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Florida City

For a typical $399,200 home in Florida City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Florida City's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,188a month

    Least cash to close
    Down payment
    $13,972
    Cash to close
    $25,948
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $177

  • Conventional, 5% down $3,115a month

    Down payment
    $19,960
    Cash to close
    $31,936
    Rate
    7.18%
    Mortgage insurance
    PMI · $190

  • Conventional, 20% down, no PMI $2,519a month

    Down payment
    $79,840
    Cash to close
    $91,816
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,888a month

    Down payment
    $59,880
    Cash to close
    $71,856
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Florida City and for Miami-Dade County.

Property tax

Effective rate in Florida City

0.57%of the home’s value each year

$2,263 a year for the typical owner in Florida City.

  • Florida City 0.57%
  • Miami-Dade 0.81%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Miami-Dade County

FEMA does not publish these numbers by city: they are for all of Miami-Dade County.

Homes in the high-risk zone
40%
199,250
Of those, with NFIP insurance
74%
County Florida U.S.
Homes in the high-risk zone 40% 13% 3.5%
Of those, with NFIP insurance 74% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Florida City

Typical rent in Florida City is $1,362 a month: 26% below the county. In Florida City, 66% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Miami-Dade County, by unit size. To pay the 2-bedroom one ($2,564 a month) without spending more than 30% of your income, you would need to earn $49.31 an hour working full time.

HUD fair market rent for all of Miami-Dade County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,953 $37.56 $78,120
1 bedroom $2,121 $40.79 $84,840
2 bedrooms $2,564 $49.31 $102,560
3 bedrooms $3,277 $63.02 $131,080
4 bedrooms $3,749 $72.10 $149,960

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Florida City

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Florida City has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,010 in 33034 to $2,720 in 33035.

1 of the 2 is above the fair market rent for Miami-Dade County ($2,564).

  • 33034 $2,010$2,570
  • 33035 $2,720$3,480

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Florida City when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Florida City

HUD lists 14 buildings with rents for lower incomes in Florida City. These are the largest.

  • Bonita Pointe 613 E Palm Dr, Florida City 33034 164 low-income homes · 1 bd: 36 · 2 bd: 68 · 3 bd: 60 · In service since 2004
  • River Oaks - Florida City 501 NW 5th Ave, Florida City 33034 160 low-income homes · 2 bd: 97 · 3 bd: 64 · In service since 1996 · For families
  • Merritt Place Estates 701 SW 12th St, Florida City 33034 159 low-income homes · 2 bd: 2 · 3 bd: 78 · 4 bd: 79 · In service since 2005 · For families
  • Ambar Key Homes 380 NE 4th Ave, Florida City 33034 155 low-income homes · 2 bd: 96 · 3 bd: 58 · 4 bd: 1 · In service since 2019 · For families
  • Cameron Creek 1712 NW 3rd Ter, Florida City 33034 148 low-income homes · 1 bd: 20 · 2 bd: 74 · 3 bd: 54 · In service since 2002 · For families

See all 399 buildings in Miami-Dade County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Florida City

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 11 HUD-approved agencies with an office in Miami-Dade County; 9 say they serve in Spanish.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Florida City

1 program is for Florida City or Miami-Dade County, by its own record: they come first, each with what its official page says about being open. The ones below are statewide in Florida: they work in Florida City the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Florida City

The HUD-approved agencies closest to the center of Florida City, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Centro Campesino, Farmworkers Center, Inc

    35801 SW 186th Ave, Florida City · 2 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    305-245-7738-227

  • Operation Hope- Homestead FL

    777 N Krome Ave, Homestead · 3 miles away · Spanish

    • Mortgage delinquency workshops
    • Budget and financial counseling
    • and 3 more
    (786) 326-6172

  • Real Estate, Education and Community Housing, Inc.

    7875 NW 12th St, Doral · 25 miles away · Spanish

    Also serves in Creole.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    (786) 260-6821

Every agency in Miami-Dade County All counseling agencies in Florida

Help in Spanish near Florida City

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Florida City

In HUD’s record, no housing authority with an office in Miami-Dade County is named for Florida City or Miami-Dade County.

6 other authorities have an office in Miami-Dade County: see the list Source: HUD

Cities

Other cities in Miami-Dade County

These cities are also in Miami-Dade County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Miami-Dade County Housing in Florida
See 48 more cities in Miami-Dade County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Florida City, with the typical home value.

Neighboring counties

If Miami-Dade County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Florida City.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about Florida City

Short answers with the numbers for Florida City and all of Miami-Dade County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Florida City?

The typical home value in Florida City is $399,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Miami-Dade County it is $463,000.

How much does it cost to rent in Florida City?

Typical rent in Florida City is $1,362 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Miami-Dade County is $2,564.

What is the FHA loan limit in Florida City?

Florida City uses the FHA limit for all of Miami-Dade County (2026): $667,000 for a one-unit home and $1,282,700 for a four-unit home.

How much property tax do owners pay in Florida City?

The typical homeowner in Florida City pays $2,263 a year, according to the U.S. Census Bureau. That is 0.57% of the home’s value; in Miami-Dade County, the rate is 0.81%.

Where can I find free help to buy or rent in Florida City?

There are 11 HUD-approved counseling agencies with an office in Miami-Dade County. 9 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).