$5,600 Per Month
- 4 Beds
- 3 Baths
- 2,582 Sq Ft
- House for Rent
15501 NW 88th Ave, Miami Lakes, FL 33018
15501 NW 88th Ave, Miami Lakes, FL 33018
Frequently Asked Questions
How much does it cost to rent a home in Miami Lakes, FL?
The median rent for a home in Miami Lakes, FL is $2,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Miami Lakes, FL?
To comfortably afford the median rent in Miami Lakes, FL, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Miami Lakes, FL, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Miami Lakes, FL?
In Miami Lakes, FL, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Miami Lakes, FL are best for renting a home?
The best neighborhood for renting in Miami Lakes, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Amelia District, Carol City, Westhaven Heights, Palm Springs and Marbella Park, each with its own character and price range.
