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Miami Lakes, FL Real Estate


According to census data in the year 2000 there were 9,005 housing units in Miami Lakes. This represents a 49.1% growth from 6,040 in 1990.

Of those housing units, 9,005 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Miami Lakes is about 72.9%. Miami Lakes's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.75 people.

The majority of houses, apartments or condos in Miami Lakes were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type5.80%
One Bedroom19.80%
Two Bedrooms25.90%
Three Bedrooms27.70%
Four Bedrooms15.90%
Five Bedrooms or more5%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1983
Median Value of occupied units$169,600
Median Price asked for vacant units$148,300

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1983
Median Monthly Rent asked for vacant units$767

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9%
Home Equity Loan9.70%
Simple Mortgage60.50%
Debt Free20.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%