logo

Miami, FL Rent Trends

Rank #11, last updated February 9

Need help setting rent prices for your property? Try our free rental pricing tool here.

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 $1,625. The average rent of a 1-bedroom in Miami, FL is $2,050. The average rent of a 2-bedroom in Miami, FL is $3,189. The average rent of a 3-bedroom in Miami, FL is $4,100.

Studio

$1,625


1 bed

$2,050


2 beds

$3,189


3+ beds

$4,100

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 $900 to $4,900+.

$900 - $1,900

$1,900 - $2,900

$2,900 - $3,900

$3,900 - $4,900

$4,900+

What is the average apartment size in Miami?

The average size of a Miami, FL apartment is 854 square feet, while the median apartment size for Miami, FL is 800 square feet. However, square footage varies based on unit type. Most rentals in Miami, FL (40.29%) are 2 bedroom apartments, while the fewest (7.69%) are studio apartments. Meanwhile, 1 bedroom apartments account for 34.8%, and 3+ bedroom apartments make up 17.22%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Miami?

Studio1 bed2 beds3+ beds
Allapattah*$2,100$2,822*
Coral Way*$1,950$3,265$4,500
Downtown Miami*$2,825$4,248*
Edgewater*$2,955$3,235*
Little Havana*$1,880$2,350$3,850
Overtown$1,400$1,538**

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

Popular searches

Pet Friendly Apartments Miami

160 apartments starting at $1,600/month

Studio Apartments Miami

48 apartments starting at $1,300/month

1 Bedroom Apartments Miami

239 apartments starting at $975/month

2 Bedroom Apartments Miami

176 apartments starting at $1,850/month

3 Bedroom Apartments Miami

39 apartments starting at $1,475/month

Cheap Apartments Miami

470 apartments starting at $975/month

Nearby neighborhoods

Brickell Apartments

88 apartments starting at $2,059/month

Coral Way Apartments

65 apartments starting at $1,500/month

Downtown Miami Apartments

95 apartments starting at $2,059/month

Edgewater Apartments

60 apartments starting at $1,650/month

Ives Estates Apartments

101 apartments starting at $1,600/month

Little Havana Apartments

58 apartments starting at $1,300/month

North Miami Apartments

101 apartments starting at $1,600/month

Overtown Apartments

62 apartments starting at $1,375/month

South Beach Apartments

28 apartments starting at $1,650/month

The Hammocks Apartments

101 apartments starting at $1,600/month

Westchester Apartments

101 apartments starting at $1,600/month

Nearby cities

Aventura Apartments

26 apartments starting at $2,400/month

Coral Gables Apartments

25 apartments starting at $1,650/month

Doral Apartments

92 apartments starting at $1,670/month

Hallandale Beach Apartments

53 apartments starting at $1,000/month

Hialeah Apartments

65 apartments starting at $1,200/month

Miami Beach Apartments

93 apartments starting at $1,450/month

Miami Gardens Apartments

30 apartments starting at $850/month

North Miami Apartments

42 apartments starting at $1,500/month

North Miami Beach Apartments

28 apartments starting at $1,650/month

Nearby universities

FNU Apartments

63 apartments starting at $1,200/month

Miami Dade College Apartments

132 apartments starting at $1,375/month

Popular metro areas

Miami Metro Apartments

1,803 apartments starting at $850/month

Orlando Metro Apartments

3,980 apartments starting at $550/month

Tampa Metro Apartments

2,839 apartments starting at $808/month