Miami homes under $500,000
As of , 2,986 homes under $500,000 are listed in Miami. The median asking price is about $345,000, or $337 per sq ft.
Live MLS data from MIAMI MLS and BeachesMLS. Updated .
- Homes under $500,000
- 2,986
- Median asking price
- $345,000
- Median per sq ft
- $337
- On the water
- 14%
- $299,0001 bd · 1 full + 1 half ba · 820 sq ft520 Brickell Key Dr #A1811 · Brickell KeySerhant
Under contract - $459,0001 bd · 1 full + 1 half ba · 802 sq ft3451 NE 1st Ave #M0808 · Two Midtown MiamiCompass Florida, LLC

- $250,0002 bd · 2 ba · 1,074 sq ft8365 SW 152nd Ave #C-314 · Verabella FallsUnited Realty Group Inc

- $480,0001 bd · 1 ba · 726 sq ft3250 NE 1st Ave #1108 · Midblock MiamiColdwell Banker Realty

- $475,0001 bd · 1 ba · 755 sq ft3250 NE 1st Ave #810 · Midblock MiamiUnited Realty Group Inc

- $475,0001 bd · 1 ba · 584 sq ft159 NE 6th St #4011 · Natiivo Miami (Gale Hotel & Residences)Fortune International Realty

- $324,0002 bd · 1 full + 1 half ba · 891 sq ft8875 Fontainebleau Blvd #203 · Pine Lake VillageMiami Realty Dreams Inc

- $439,0002 bd · 1 ba · 837 sq ft1296 NW 72nd StLuxe Properties

- $346,0001 bd · 1 ba · 533 sq ft151 SE 1st St #1003 · CentroOne Sotheby's International Realty

- $390,0002 bd · 2 ba · 561 sq ft1800 SW 3rd St #CRelated General Realty, LLC

- $494,9903 bd · 2 full + 1 half ba · 1,668 sq ft11072 SW 229 LnLennar Realty Inc

- $220,0002 bd · 2 ba · 1,175 sq ft492 NW 165th St Rd #C-512 · MontecarloYV Empire Capital LLC

- $325,0001 bd · 1 ba · 662 sq ft133 NE 2nd Ave #2109 · The Loft DowntownClick To List LLC

- $475,0003 bd · 1 ba · 958 sq ft960 NW 89th StThe Firm

- $469,0002 bd · 1 ba · 1,080 sq ft11339 SW 112th Cir Ln NCutler Realty, Inc
Under contract - $350,0003 bd · 2 ba · 1,070 sq ft1121 SW 122nd Ave #414-2 · Garden Lake TowersCompass Florida, LLC

- $438,8003 bd · 2 full + 1 half ba · 1,331 sq ft13100 SW 232nd TerDecoNova International Group

- $197,0003 bd · 2 ba · 1,125 sq ft902 NE 209th St #106-40 · Monterey FourVirtue Realty, LLC

- $419,0004 bd · 3 ba · 1,580 sq ft15239 SW 134th Ct #1305Lifestyle International Realty

- $357,0003 bd · 2 ba · 1,220 sq ftMiami, FLMiami Premier Realty

- $315,500Studio · 1 ba · 370 sq ft540 Brickell Key Dr #928 · Brickell KeyLuxe Properties

- $465,5002 bd · 2 ba · 1,161 sq ft13019 SW 68th Ln #2DecoNova International Group

- $265,0002 bd · 2 ba · 1,586 sq ft20860 San Simeon Way #205-6 · Lakeview of the Calf ClubMiami Pro Brokers, LLC

- $280,0002 bd · 2 ba · 1,240 sq ft17204 SW 113 Ct #21942ELegacy Realty Partners, LLC

Listings from MIAMI MLS and BeachesMLS. The listing office is shown on every listing page. Information is deemed reliable but not guaranteed.
Homes under $500,000 compared with all homes in Miami
| Homes under $500,000 | All homes for sale | |
|---|---|---|
| Listings for sale | 2,986 | 8,426 |
| Share of homes for sale | 35% | 100% |
| Median asking price | $345,000 | $639,000 |
| Median per sq ft | $337 | $496 |
Questions about homes under $500,000
How much are homes under $500,000 in Miami?
As of October 22, 2026, the median asking price is $345,000, or $337 per sq ft, across 2,986 listings for sale.
How many homes under $500,000 in Miami are on the water?
As of October 22, 2026, 14% of the listings for sale in Miami say they are on the water.
Are pets allowed in Miami?
As of October 22, 2026, 84% of the 2,800 listings that state a pet policy say pets are allowed. Each building or community sets its own rules.
How long do homes under $500,000 stay on the market in Miami?
As of October 22, 2026, the median listing for sale has been on the market for 93 days.
What do homes under $500,000 in Miami cost by number of bedrooms?
As of October 22, 2026, asking prices are: Studio: most from $250,000 to $490,000; 1 bedroom: most from $153,450 to $475,000; 2 bedrooms: most from $199,000 to $459,900; 3 bedrooms: most from $295,000 to $490,000; 4 bedrooms: most from $270,000 to $489,900; 5 bedrooms: from $150,000 to $499,995.
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