Miami, FL Rent Trends
Rank #6, last updated May 16
To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.
What is the average rent in Miami?
The average rent of a studio apartment in Miami, FL is $2,200. The average rent of a 1-bedroom in Miami, FL is $2,276. The average rent of a 2-bedroom in Miami, FL is $2,947. The average rent of a 3-bedroom in Miami, FL is $4,395.
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
Rent Prices Over Time in Miami
Apartment Rent Ranges in Miami
The monthly rent for apartments in Miami, FL ranges from $1,100 to $4,300+.
$1,100 - $1,900
$1,900 - $2,700
$2,700 - $3,500
$3,500 - $4,300
$4,300+
What is the average apartment size in Miami?
The average size of a Miami, FL apartment is 769 square feet, while the median apartment size for Miami, FL is 716 square feet. However, square footage varies based on unit type. Most rentals in Miami, FL (39.64%) are 2 bedroom apartments, while the fewest (8.11%) are studio apartments. Meanwhile, 1 bedroom apartments account for 39.64%, and 3+ bedroom apartments make up 12.61%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Miami?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Allapattah | * | $2,558 | $2,861 | $3,750 |
| Coral Way | * | $2,703 | $3,300 | $5,600 |
| Edgewater | * | $2,876 | $3,510 | * |
| Little Havana | $1,660 | $1,880 | $2,300 | * |
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
* Insufficient data to calculate value
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