Home prices
The median home value in Miami is $66,600. It is approximately $26,640 (28%) lower compared to its nearby areas.It is about $150,900 (69%) lower compared to the entire nation, and compared to the city of Phoenix is about $168,800 (71%) lower.
Rents
Miami's median monthly rent is $689. It is approximately $35 (4%) lower in comparison to its surrounding areas.In comparison to the entire nation it is approximately $373 (35%) lower, and is approximately $364 (34%) lower compared to the city of Phoenix.
Nearby places
Claypool
Claypool is Miami's neighbor to the northeast. Its housing prices are somewhat more expensive. Claypool's median home price is $73,500, which comes out to $6,900 (9%) higher than Miami. The rent there is somewhat less expensive. Claypool's median rent is $640 a month, which works out to $49 (7%) lower than Miami.
Six Shooter Canyon
Six Shooter Canyon is roughly 5 miles southeast from Miami. Its housing prices are a lot more expensive. Six Shooter Canyon's median home cost is $143,000, which works out to $76,400 (53%) higher than Miami. The rent there is a bit more expensive. The median rent in Six Shooter Canyon is $910 a month, which works out to $221 (24%) higher than Miami.
Globe
Globe is about 6 miles east from Miami. The housing prices there are significantly more expensive. The median home in Globe is valued at $125,800, which comes out to $59,200 (47%) higher than Miami. Its rents are somewhat more expensive. In Globe the median monthly rent is $866, which is $177 (20%) higher than Miami.
Superior
Superior is about 14 miles southwest of Miami. Housing prices there are a bit more expensive. The median home price in Superior is $90,500, which is $23,900 (26%) higher than Miami. Its rents are somewhat more expensive. In Superior the median monthly rent is $814, which is $125 (15%) higher than Miami.
San Carlos
San Carlos is approximately 21 miles east from Miami. Real estate prices there are substantially less expensive. The median home in San Carlos is valued at $33,400, which works out to $33,200 (99%) lower than Miami. Rents there are significantly less expensive. San Carlos's median monthly rent is $388, which works out to $301 (77%) lower than Miami.
