Compare Miami, OH mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Miami.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Miami. Plus, shopping lenders is free and there is no obligation.
August 2, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Miami. Understand how much you need to earn to afford a home in Miami, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Miami fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Miami is right for you.
The median home value for Miami, OH is $221,984
Based on current mortgage rates and a 10% down payment, you need to make $46,309 per year to buy the median priced home in Miami
With this income, you could qualify for a $199,786 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Miami is $1,072
The median household income for Miami, OH is $65,284
Based on this income, you can afford a home valued at approximately $312,940
The home price you can afford to buy based on household income in Miami is 141% of the median home value which means housing prices are average. Miami ranks 78 out of 88 counties in Ohio and 2,108 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Miami, OH is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Miami below.
Conforming loan limits for Miami, OH
FHA loan limits for Miami, OH