Guide · Updated:
Broward or Miami-Dade
A median condo costs $257,500 in Broward against $408,000 in Miami-Dade (August 2026), although median rent is similar and Broward's deed stamp tax is 10 cents higher per $100.
Sources: MIAMI REALTORS®, August 2026 report (Broward) · MIAMI REALTORS®, August 2026 report (Miami-Dade) · Florida Department of Revenue, documentary stamp tax · checked Sep 30, 2026
Ask for a shortlist and documentsYour message includes this guide topic.Source: MIAMI REALTORS®, August 2026 report (Broward) · checked Sep 30, 2026
How much cheaper is a condo in Broward?
The Broward median was $257,500 in August 2026, $150,500 below Miami-Dade.
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MIAMI REALTORS® reports the median Broward condo price rose 3.96% year over year, from $247,700 to $257,500, while Miami-Dade stood at $408,000. For single-family homes the gap narrows: $650,000 in Broward against $680,000 in Miami-Dade. Broward includes Fort Lauderdale, Hollywood and Hallandale; the price gap usually comes in exchange for distance to Brickell and Miami's airport.
Sources: MIAMI REALTORS®, August 2026 report (Broward) · MIAMI REALTORS®, August 2026 report (Miami-Dade) · checked Sep 30, 2026
And rent?
Nearly the same: $1,907 median rent in Broward and $1,829 in Miami-Dade, per the Census.
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Census QuickFacts (2020–2024) give a median gross rent of $1,907 in Broward and $1,829 in Miami-Dade. Median home value is $414,600 and $463,000. In Broward owners occupy 63.6% of homes; in Miami-Dade, 52.2%. Similar rent with lower purchase prices is why many investors look at Broward, but every building has its own rental rules.
Source: U.S. Census Bureau, QuickFacts (2020–2024) · checked Sep 30, 2026
Do closing taxes change?
Yes: the deed stamp is 70 cents per $100 in Broward and 60 in Miami-Dade.
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The Florida Department of Revenue sets the deed stamp tax at 70 cents per $100 of price in every county except Miami-Dade, where it is 60 cents plus a 45-cent surtax that is not due when only a single-family home or condo is transferred. On a $300,000 condo, that is $2,100 in Broward and $1,800 in Miami-Dade. Who pays is negotiated in the contract.
Source: Florida Department of Revenue, documentary stamp tax · checked Sep 30, 2026
Written by Carolina Suárez Rivas, Florida-licensed real estate agent (SL3336060).