Kendall West, Miami, FL—33193
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kendall West, Miami, FL
As of Oct '25, the median home price in Kendall West, Miami, FL is $443,000, with a year-over-year change of -3.2%. This indicates that home prices in Kendall West, Miami, FL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $443,000 | -3.2% |
| Single Family | $589,000 | -3.1% |
| Condos | $267,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $209,000 | -5.9% |
2 Bed | $267,000 | -6.3% |
3 Bed | $505,000 | -3.3% |
4 Bed | $683,000 | -2.6% |
| 5 Bed | $820,000 | -2.3% |
% of Housing Stock
Rental Trends — Kendall West, Miami, FL
As of July '25, Rentcast reports the average rent in Kendall West, Miami, FL is $2,680, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Kendall West, Miami, FL is studios: $1,200, 1-bedrooms: $1,760, 2-bedrooms: $2,270, 3-bedrooms: $3,110, 4-bedrooms: $3,850. The most common rental property sizes in Kendall West, Miami, FL are 2-bedroom and 3-bedroom, accounting for 49.1% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,680 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,800 | $1,760 |
| 2 Bed Rent | $2,250 | $2,270 |
| 3 Bed Rent | $3,050 | $3,110 |
| 4 Bed Rent | $3,650 | $3,850 |
% of Rental Stock
Property Listings — Kendall West, Miami, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Kendall West, Miami, FL is 66. This is a increase of 43.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $405,000 | 3.0% |
Listing Count | 188 | 25.0% |
| Listings as % of Homes | 0.6% | 25.0% |
Days on Market | 66 | 43.0% |
Demographics — Kendall West, Miami, FL
As of the latest ACS Survey released in 2023, Kendall West, Miami, FL has a population of 46,500, which has decreased by -9.5% over the past 5 years. Kendall West, Miami, FL is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,500 | -9.5% |
% Under 18 | 16.7% | -18.1% |
% Seniors | 16.5% | 26.9% |
% WFH | 7.0% | 100.0% |
% w/ College Degree | 30.2% | -3.8% |
As of the latest ACS Survey released in 2023, Kendall West, Miami, FL is a predominantly hispanic area, with 88.0% of the population identifying as hispanic. The hispanic population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Kendall West, Miami, FL is white, making up 6.8% of the population. Foreign-born residents account for 64.7% of the population in Kendall West, Miami, FL, and this percentage has increased by 2.5% 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 | 6.8% | -10.5% |
% Black | 1.7% | -15.0% |
% Hispanic | 88.0% | 0.2% |
% Asian | 3.0% | 0.0% |
% Foreign Born | 64.7% | 2.5% |
Mortgage and Risk — Kendall West, Miami, FL
According to HUD data as of 2023, there were 389 mortgage originations in Kendall West, Miami, FL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Kendall West, Miami, FL. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 389 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Kendall West, Miami, FL
As of 2024, the percent of homes in Kendall West, Miami, FL under the Section 8 program is 2.8%. 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 Kendall West, Miami, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 203 |
Total Units Section 8 | 202 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,800 | $1,960 |
| 2 Bedroom | $150 | $2,250 | $2,400 |
| 3 Bedroom | $50 | $3,050 | $3,100 |
| 4 Bedroom | -$20 | $3,650 | $3,630 |
Affordability — Kendall West, Miami, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $443,000 |
| Median Household Income | $74,600 |