Average mortgage payment in Miami-Dade County, FL (2026)
The average mortgage payment in Miami-Dade County on a median-priced home (~$585,000) is roughly $4,465/month — assuming 10% down at a 6.85% 30-year fixed rate and Florida's 0.91% effective property tax rate (full PITI).
To carry that payment under the standard 28% front-end DTI rule, you'd need an annual household income near $191,338. County population is roughly 2,701,767.
Adjust the scenario
How Miami-Dade County compares to Florida
The typical home in Miami-Dade County is 48% above the statewide median of $395,000 in Florida. Property tax is set at the state's effective rate of 0.91% — local millage and special assessments vary by county, but this is the right starting point.
The payment above bakes in principal, interest, property tax, and homeowners insurance — it does not include HOA dues or mortgage insurance (PMI). PMI kicks in automatically when down payment is below 20% on a conventional loan. For a full breakdown, run your own numbers in the main calculator.
Frequently asked questions
What is the average mortgage payment in Miami-Dade County?+
On a median Miami-Dade County home (~$585,000) at a 6.85% 30-year fixed rate with 10% down, all-in PITI runs about $4,465/month, including ~$444 in property tax.
What income do I need to buy a home in Miami-Dade County?+
Using the 28% front-end DTI rule, you'd need roughly $191,338 in annual gross household income to comfortably carry the median Miami-Dade County home.
How does Miami-Dade County compare to the rest of Florida?+
Miami-Dade County's median home ($585,000) is 48% above the Florida median of $395,000.
Does this include HOA fees or PMI?+
No. HOA dues vary too widely to assume a default — add them directly to the payment. PMI applies when you put less than 20% down on a conventional loan; the main calculator factors it in automatically.