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City · 20,085 residents · Miami-Dade County, Florida

Sweetwater , Florida

In Sweetwater, a typical home is worth $294,200 and typical rent is $1,771 a month. Compared with all of Miami-Dade County, the typical home value is 36% lower, typical household income is 23% lower, and the share of households that own their home is 10 points lower.

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  • Typical home value

    $294,200

    36% below the county

    18% below Florida

    • Sweetwater
    • Miami-Dade
    • Florida

  • Typical rent

    $1,771a month

    3% below the county

    6% above Florida

    • Sweetwater
    • Miami-Dade
    • Florida

  • Typical household income

    $54,967a year

    23% below the county

    26% below Florida

    • Sweetwater
    • Miami-Dade
    • Florida

  • Households that own their home

    42%

    10 points below the county

    26 points below Florida

    • Sweetwater
    • Miami-Dade
    • Florida

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

Market now, with Zillow data

Zillow data
Typical home value
$446,937
about the same as 12 months ago
Typical rent
$2,475 a month

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

Sweetwater 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 Sweetwater apart

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

  1. Sweetwater has the 19th lowest homeownership rate of the 481 cities in Florida with more than 5,000 people (42%).

  2. The typical home in Sweetwater is worth $294,200, 36% less than in Miami-Dade County as a whole ($463,000).

  3. The typical household income in Sweetwater is $54,967, 23% less than in Miami-Dade County as a whole ($71,753).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Sweetwater

What homes there are in Sweetwater, 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 Sweetwater, 4 in 10 homes are in apartment buildings; in Miami-Dade County, 4.

Mobile homes are 14% of homes in Sweetwater, more than in Miami-Dade County (1%).

Year built

By age, homes in Sweetwater look like those in Miami-Dade County: the typical year built is 1981.

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

By price, most homes in Sweetwater sit under the FHA limit for Miami-Dade County ($667,000): about 93%.

Monthly rent with utilities

With a mortgage

$1,724 a month

Miami-Dade County: $2,451 a month

Without a mortgage

$778 a month

Miami-Dade County: $815 a month

Owners with a mortgage

55%

Miami-Dade County: 59%

The typical cost for an owner with a mortgage in Sweetwater is $1,724 a month, less than in Miami-Dade County ($2,451); without one, $778.

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

From 2015–2019 to 2020–2024, the typical home value in Sweetwater rose 65%; in Miami-Dade County, it rose 60%.

Since 2015–2019, the typical rent in Sweetwater rose 33%, less than in Miami-Dade County (38%).

To compare: typical income in Sweetwater rose 38%; the home, +65%; the rent, +33%.

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

MeasureSweetwaterMiami-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 8.7%7.2%3.3%3.4%
People per household 2.982.762.512.53
Drive alone 81%69%70%69%
Carpool 6%9%9%9%
Public transit Unreliable estimate3%1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home 8%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 Sweetwater: 8.7% have more than one person per room; in Miami-Dade County, 7.2%.

On average, a household in Sweetwater has 2.98 people, more than in Miami-Dade County (2.76).

In Sweetwater, 81% of workers drive alone to work; in Miami-Dade County, 69%.

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 Sweetwater?

A typical home costs more than the typical income allows

We start with a typical home in Sweetwater, worth $294,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 52% of the typical household income in Sweetwater, which is $54,967 a year. For that payment to be 28% of income, a household would need to earn about $101,318 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 Sweetwater. 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 $10,297 (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

$2,364

at 7.18% · 30 years

Loan amount
$288,871
Total interest
$415,618
Paid off in
November 2056

Includes $4,968 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,283 a month

  • Tight

    $1,283 to $1,649 a month

  • Hard

    more than $1,649 a month

    Your payment · 52%

Compared with the typical household income in Sweetwater ($54,967 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,364
Principal & interest$1,957
Property tax$154
Home insurance$123
FHA mortgage insurance (MIP)$130

You need at least $10,297 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

Sweetwater and Miami-Dade County

Sweetwater 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).

Sweetwater's own numbers

Typical home value
$294,200
Typical monthly rent
$1,771
Typical yearly household income
$54,967
Households that own their home
42%
Effective property tax rate
0.63%

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 Sweetwater

A typical home in Sweetwater is worth $294,200: 36% below the county and 18% below Florida. With the typical household income in Sweetwater ($54,967 a year), a typical home costs 5.4 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.

  • Sweetwater 5.4 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

Sweetwater 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
  • Sweetwater $294,200
  • Miami-Dade $463,000
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Sweetwater $1,771
  • Miami-Dade $1,829
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Sweetwater $54,967
  • Miami-Dade $71,753
  • Florida $74,568
  • United States $80,734
See the full table
Sweetwater next to Miami-Dade County and Florida
Measure Sweetwater Miami-Dade County Florida U.S.
Typical home value $294,200 $463,000 $359,000 $332,700
Typical monthly rent $1,771 $1,829 $1,669 $1,413
Typical yearly household income $54,967 $71,753 $74,568 $80,734
Households that own their home 42% 52% 68% 65%
Typical yearly property tax $1,865 $3,744 $2,730 $3,119
Effective property tax rate 0.63% 0.81% 0.76% 0.94%
Renters with high rent for their income 64% 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 Sweetwater

For a typical $294,200 home in Sweetwater, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Sweetwater's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,364a month

    Least cash to close
    Down payment
    $10,297
    Cash to close
    $19,123
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $130

  • Conventional, 5% down $2,310a month

    Down payment
    $14,710
    Cash to close
    $23,536
    Rate
    7.18%
    Mortgage insurance
    PMI · $140

  • Conventional, 20% down, no PMI $1,871a month

    Down payment
    $58,840
    Cash to close
    $67,666
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,143a month

    Down payment
    $44,130
    Cash to close
    $52,956
    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 Sweetwater and for Miami-Dade County.

Property tax

Effective rate in Sweetwater

0.63%of the home’s value each year

$1,865 a year for the typical owner in Sweetwater.

  • Sweetwater 0.63%
  • 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 Sweetwater

Typical rent in Sweetwater is $1,771 a month: 3% below the county. In Sweetwater, 64% 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 Sweetwater

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

For 2 bedrooms it runs from $2,600 in 33174 to $2,950 in 33172.

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

  • 33172 $2,950$3,770
  • 33174 $2,600$3,320

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Sweetwater 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 Sweetwater

HUD lists one building with rents for lower incomes in Sweetwater.

  • Sweetwater Towers 10750 SW 4th St, Sweetwater 33174 100 homes, 99 low-income · For older adults (305) 220-2648

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

Free help

Help to buy or rent in Sweetwater

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 leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Sweetwater

1 program is for Sweetwater 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 Sweetwater the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Sweetwater

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

  • Real Estate, Education and Community Housing, Inc.

    7875 NW 12th St, Doral · 4 miles away · Spanish

    Also serves in Creole.

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

  • Operation Hope Hialeah FL

    1740 W 49th St, Hialeah · 7 miles away · Spanish

    • Mortgage delinquency workshops
    • Budget and financial counseling
    • and 3 more
    (256) 962-5385

  • Neighborhood Housing Services of South Florida

    300 NW 12th Ave, Miami · 11 miles away · Spanish

    Also serves in Creole.

    • Budget and financial counseling
    • Budget and credit workshops
    • and 6 more
    (305) 751-5511

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

Help in Spanish near Sweetwater

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 Sweetwater

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

All guides
A family walks a boardwalk trail in the forest; one of them uses a wheelchair.

Questions

Housing questions about Sweetwater

Short answers with the numbers for Sweetwater 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 Sweetwater?

The typical home value in Sweetwater is $294,200, 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 Sweetwater?

Typical rent in Sweetwater is $1,771 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 Sweetwater?

Sweetwater 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 Sweetwater?

The typical homeowner in Sweetwater pays $1,865 a year, according to the U.S. Census Bureau. That is 0.63% 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 Sweetwater?

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).