Kendale Lakes, Miami, FL—33183
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kendale Lakes, Miami, FL
As of Oct '25, the median home price in Kendale Lakes, Miami, FL is $398,000, with a year-over-year change of -4.0%. This indicates that home prices in Kendale Lakes, Miami, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $398,000 | -4.1% |
| Single Family | $583,000 | -2.5% |
| Condos | $289,000 | -8.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $210,000 | -6.2% |
2 Bed | $306,000 | -7.6% |
3 Bed | $463,000 | -3.1% |
4 Bed | $748,000 | -1.8% |
| 5 Bed | $1,357,000 | 0.3% |
% of Housing Stock
Rental Trends — Kendale Lakes, Miami, FL
As of July '25, Rentcast reports the average rent in Kendale Lakes, Miami, FL is $2,720, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Kendale Lakes, Miami, FL is 1-bedrooms: $1,820, 2-bedrooms: $2,420, 3-bedrooms: $2,860, 4-bedrooms: $4,460. The most common rental property sizes in Kendale Lakes, Miami, FL are 2-bedroom and 3-bedroom, accounting for 40.7% and 38.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,820 |
| 2 Bed Rent | $2,380 | $2,420 |
| 3 Bed Rent | $2,700 | $2,860 |
| 4 Bed Rent | $4,000 | $4,460 |
% of Rental Stock
Property Listings — Kendale Lakes, Miami, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Kendale Lakes, Miami, FL is 71. This is a increase of 38.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | 9.0% |
Listing Count | 157 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 71 | 38.0% |
Demographics — Kendale Lakes, Miami, FL
As of the latest ACS Survey released in 2023, Kendale Lakes, Miami, FL has a population of 33,800, which has decreased by -9.8% over the past 5 years. Kendale Lakes, Miami, FL is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 30.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,800 | -9.8% |
% Under 18 | 16.5% | -17.1% |
% Seniors | 22.3% | 40.3% |
% WFH | 7.6% | 153.3% |
% w/ College Degree | 30.9% | 10.8% |
As of the latest ACS Survey released in 2023, Kendale Lakes, Miami, FL is a predominantly hispanic area, with 84.1% of the population identifying as hispanic. The hispanic population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Kendale Lakes, Miami, FL is white, making up 12.7% of the population. Foreign-born residents account for 62.6% of the population in Kendale Lakes, Miami, FL, and this percentage has increased by 3.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 12.7% | 41.1% |
% Black | 1.8% | 0.0% |
% Hispanic | 84.1% | -3.9% |
% Asian | 1.6% | -23.8% |
% Foreign Born | 62.6% | 3.1% |
Mortgage and Risk — Kendale Lakes, Miami, FL
According to HUD data as of 2023, there were 381 mortgage originations in Kendale Lakes, Miami, FL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Kendale Lakes, Miami, FL. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 381 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Kendale Lakes, Miami, FL
As of 2024, the percent of homes in Kendale Lakes, Miami, FL under the Section 8 program is 2.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Kendale Lakes, Miami, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 112 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,900 | $2,090 |
| 2 Bedroom | $190 | $2,380 | $2,570 |
| 3 Bedroom | $620 | $2,700 | $3,320 |
| 4 Bedroom | -$110 | $4,000 | $3,890 |
Affordability — Kendale Lakes, Miami, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $398,000 |
| Median Household Income | $67,700 |