Average Rent in Miami, FL and Rent Price Trends

Rent price trends in
Miami, FL

Rent price trends

Rent prices for all bedroom counts and property types in Miami, FL have remained the same in the last month and have decreased by 3% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Miami, FL
The monthly rent for an apartment in Miami, FL is $2,550. A 1-bedroom apartment in Miami, FL costs about $2,200 on average, while a 2-bedroom apartment is $2,800. Houses for rent in Miami, FL are more expensive, with an average monthly cost of $3,400.


1 bedroom	$2,494	1%	2%
2 bedroom	$3,000	1%	1%
3 bedroom	$3,800	No Change	7%
4 bedroom	$5,000	No Change	22%
Studio	$2,200	No Change	2%

		Comparables
Brickell	$4,200
Coral Way	$3,000
Downtown Miami	$3,578
East Little Havana	$2,150
Edgewater	$5,000
Flagami	$2,250
Little Haiti	$2,650
Park West	$4,555
West Little Havana	$2,300
Wynwood	$3,500


Apartments	$2,550	4%	No Change
Condos	$3,200	1%	No Change
Houses	$3,400	No Change	No Change
Rooms	$1,244	1%	No Change

Studio

Average rent

$2,200

Last 30 days

No Change

Last year

1 bedroom

Average rent

$2,494

Last 30 days

Last year

2 bedroom

Average rent

$3,000

Last 30 days

Last year

3 bedroom

Average rent

$3,800

Last 30 days

No Change

Last year

4 bedroom

Average rent

$5,000

Last 30 days

No Change

Last year

22%

The table above reflects average rent prices in Miami, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Miami, FL to other cities

Median rent prices in Miami, FL for all bedroom counts and property types compared to Aventura, FL.

Miami

Median rent price$3,000

57%

higher than the national median

Median rent price$3,300

73%

higher than the national median

Takeaway

The median rent for all rentals in Miami, FL is 9% lower than the median rent in Aventura, FL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Aventura

$3,300

20%

Last year

Coral Gables

$3,500

32%

Last year

Doral

$3,200

Flat

Last year

Hialeah

$2,300

Last year

Ives Estates

$2,551

Last year

Kendall

$3,000

11%

Last year

Miami Beach

$3,000

31%

Last year

Miami Gardens

$2,650

Last year

Miami Shores

$3,825

24%

Last year

North Miami Beach

$2,200

23%

Last year

North Miami

$2,300

12%

Last year

Sunny Isles Beach

$5,000

35%

Last year

Cost of living in
Miami, FL

The overall cost of living in Miami, FL is 21% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.