Miami, FL vs New York-Newark-Jersey City: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · scores computed September 2026

Miami, FL vs New York-Newark-Jersey City side by side

Metric● Miami, FL● New York-Newark-Jersey City
Alpha Score4446
Price Momentum46—
Inventory Health—100
Affordability67
Economic Strength8945
Rental Yield309
Median Sale Price$558K—
Price-to-Income7.86.2
Payment-to-Income47.1%39.0%
Months of Supply8—
Gross Rental Yield3.9%3.6%
Overvaluation Index9040

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Miami, FL and New York-Newark-Jersey City compare, dimension by dimension

  • Affordability: New York-Newark-Jersey City leads — Miami, FL 6/100 vs New York-Newark-Jersey City 7/100.
  • Economic Strength: Miami, FL leads — Miami, FL 89/100 vs New York-Newark-Jersey City 45/100.
  • Rental Yield: Miami, FL leads — Miami, FL 30/100 vs New York-Newark-Jersey City 9/100.

Frequently asked questions

Which has a higher Alpha Score, Miami, FL or New York-Newark-Jersey City?

New York-Newark-Jersey City scores higher — 46 vs 44 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Miami, FL or New York-Newark-Jersey City more affordable?

New York-Newark-Jersey City is more affordable on our affordability dimension. Price-to-income is 7.8 in Miami, FL and 6.2 in New York-Newark-Jersey City.

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Miami, FL market brief and the New York-Newark-Jersey City brief.