Little Havana Eviction Risk: Elevated , Miami

Adults with no health insurance runs 44.3% against 11.3% nationally. 91% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. The clearest offset is supply constraint at 1/10.

Set annual rent against average income of $35,841 and the ratio lands at 42%, above the conventional 30% ceiling. On the softer side, state political climate reads 1.5/10.

At $1,243 a month, rents run 29% under what the rest of Miami commands. The poverty rate is 25%, which in this model reads as reduced rent-recovery odds after a judgment. Against the Miami-Dade County average of 4.6, this tract reads riskier for landlords by 1.4 points.

Well under the midpoint, rent-regulation exposure reads 2/10. Cost burden runs 65% here against 57.9% across Miami-Dade County.

Princeton's Eviction Lab logged 187 filings here across 2 tracked years. The worst year on record was 2015, when 7.1% of renter households were served.

In the 1930s the federal Home Owners' Loan Corporation graded this ground C ("Definitely Declining"). Redlining cut off mortgage credit to whole blocks for decades, and the areas graded D still carry measurably lower ownership and higher rent burden today. In a typical year about 5.1% of renter households face a filing.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.