Last updated on April 30, 2024

Average rent in

Miami, FL

Last updated on April 30, 2024

Last updated on April 30, 2024

Rent price trends

Rent prices for all bedroom counts and property types in Miami, FL have increased by 2% in the last month and have decreased by 7% in the last year.

We analyze our inventory and calculate this information on a 30-day rolling basis.

Rent price summary for
Miami, FL

As of April 2024, the median rent for all bedroom counts and property types in Miami, FL is $3,200. This is +64% higher than the national average.

$3.34

average price per square foot

Median rent

$3,200

decreased by7%
over the previous year vs previous year

Total rentals

4,840

for rent on Zumper.com

As of April 2024, the median rent for all bedroom counts and property types in Miami, FL is $3,200. This is +64% higher than the national average.

$3.34

average price per square foot

Rent ranges

3%
42%
32%
11%
13%
$0-$1,500 $0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$4,501-$6,000$4,501 - $6,000
$6,001-$50,000$6,001 - $50,000

Households

70%
30%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Miami, FL

The monthly rent for an apartment in Miami, FL is $2,680. A 1-bedroom apartment in Miami, FL costs about $2,532 on average, while a 2-bedroom apartment is $3,487. Houses for rent in Miami, FL are more expensive, with an average monthly cost of $3,500.

Comparables

1 bedroom

$2,791

1%

7%

2 bedroom

$3,903

5%

4%

3 bedroom

$5,499

15%

3%

4 bedroom

$8,993

25%

1%

Studio

$2,207

3%

10%

Studio

Average rent

$2,207

Last 30 days

3%

Last year

10%

1 bedroom

Average rent

$2,791

Last 30 days

1%

Last year

7%

2 bedroom

Average rent

$3,903

Last 30 days

5%

Last year

4%

3 bedroom

Average rent

$5,499

Last 30 days

15%

Last year

3%

4 bedroom

Average rent

$8,993

Last 30 days

25%

Last year

1%

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 $3,200
increased by64%

higher than the national median

Median rent price$3,350
increased by72%

higher than the national median

Takeaway

The median rent for all rentals in Miami, FL is 4% lower than the median rent in Aventura, FL.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Average rent in
Nearby cities

Explore rent trends in other markets

Aventura

$4,151

decreased by13%

Last year

Coral Gables

$5,945

Flat

Last year

Doral

$3,789

decreased by5%

Last year

Hialeah

$2,684

decreased by4%

Last year

Ives Estates

$2,768

decreased by10%

Last year

Kendall

$3,405

increased by31%

Last year

Miami Beach

$5,907

decreased by11%

Last year

Miami Gardens

$2,647

decreased by3%

Last year

Miami Shores

$6,079

increased by2%

Last year

North Miami Beach

$3,576

decreased by2%

Last year

North Miami

$3,017

decreased by18%

Last year

Sunny Isles Beach

$7,751

decreased by9%

Last year

Cost of living in
Miami, FL

The overall cost of living in Miami, FL is 20% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.

Expenses

accrued by most renters

Average cost

compared to national average

Goods & Services

7% higher

Groceries

11% higher

Health

6% lower

Housing

52% higher

Transportation

6% higher

Utilities

4% higher

Discover rentals in Miami, FL

5d+ ago

East Little Havana house for rent in Miami

501 Sw 1st St #NA, Miami, FL 33130

501 Sw 1st St #NA, Miami, FL 33130

2 beds

2 baths

$650

East Little Havana house for rent in Miami

Available Jul 21

Our SHARED BEDROOMS located in DOWNTOWN MIAMI are conveniently accessible to all of Miami: Aventura, Midtown, Edgewater, Wynwood, Design District and Downtown Miami. And only two blocks away from the ocean! Our beds are safe, secure and for anyone needing month-to-month stays or extended escapes. Multiple public transit options are just a 5 minute walk from the building. ⚡ All utilities included 🆓 Wi-Fi 🚫 No contracts, deposits, credit checks or SSNs 🏠 On-site manager 🧼Weekly cleaning service ✅ Same day move-ins, month-to-month terms 📄 Housing Assistance & Vouchers accepte

5d+ ago

7.9

Very good

101 Arena Hostel Miami

638 Northwest 62nd Street, Miami, FL 33150

1 bed

2 baths

$699

Liberty City apartment for rent in Miami

Available Aug 15

Assigned Parking
Central Heat
Controlled Access
In Unit Laundry
On Site Laundry
Residents Lounge

5d+ ago

Condo for rent in Miami

1 Bedroom & 1 Bathroom in Miami, FL 33185

1 Bedroom & 1 Bathroom in Miami, FL 33185

1 bed

1 bath

$900

Condo for rent in Miami

Property Status: Active The monthly rent includes electricity, water, internet and cable. Access to the whole house. Washer and Dryer in the unit. For showing please text. ONE PERSON ONLY. Office Phone: (786) 732-0872 Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5d+ ago

Condo for rent in Miami

14948 Sw 38th Ter #0, Miami, FL 33185

14948 Sw 38th Ter #0, Miami, FL 33185

1 bed

1 bath

$1,000

Condo for rent in Miami

Property Status: Active Welcome to your new home! Nestled in a safe neighborhood, this cozy room offers the perfect blend of comfort and convenience. Join our welcoming family atmosphere, where you'll find a warm environment ideal for students or working professionals. Pet friendly, provided they're well-behaved. You'll have full access to the kitchen, and while the bathroom is shared, it's kept immaculately clean. With parking, a washer and dryer at your disposal, and inclusive amenities such as internet and electricity settling in will be a breeze. Whether you're study

5d+ ago

Apartment for rent in Miami

14948 Sw 38th Ter, Miami, FL 33185

14948 Sw 38th Ter, Miami, FL 33185

1 bed

0 baths

$1,000

Apartment for rent in Miami

Welcome to your new home! Nestled in a safe neighborhood, this cozy room offers the perfect blend of comfort and convenience. Join our welcoming family atmosphere, where you'll find a warm environment ideal for students or working professionals. Pet friendly, provided they're well-behaved. You'll have full access to the kitchen, and while the bathroom is shared, it's kept immaculately clean. With parking, a washer and dryer at your disposal, and inclusive amenities such as internet and electricity settling in will be a breeze. Whether you're studying late or enjoying downt

5d+ ago

Townhouse for rent in Miami

10151 Sw 228th Ter, Miami, FL 33190

10151 Sw 228th Ter, Miami, FL 33190

1 bed

1 bath

$1,000

Townhouse for rent in Miami

Available Mar 12

Amazing 1 bedroom, 1 bathroom in a 3/3 townhouse in Miami. Amenities included: central air, hardwood floors, updated bathroom, washer and dryer. NOT pet friendly. Water treatment for purified water in home included. Please submit the form on this page. Do NOT contact me for families moving in, this is for ONE person. It is FULLY FURNISHED. Jessica Vargas 786-300-5936 ---------------------------------------------- Increíble casa COMPARTIDA de 1 dormitorio y 1 baño en una casa de 3/3 en Miami. Las comodidades incluyen: aire central, pisos de madera, baño moderno, lavadora y

5d+ ago

Upper East Side house for rent in Miami

1045 Ne 80th St #3, Miami, FL 33138

1045 Ne 80th St #3, Miami, FL 33138

Studio

1 bath

$1,000

Upper East Side house for rent in Miami

Property Status: Active Nice studio with full kitchen. Quiet building in the Upper East Side. Tile floors throughout. Perfect for student or young professional. Close to public transportation, restaurants, and downtown. Office Phone: (305) 931-2224 Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5d+ ago

Upper East Side house for rent in Miami

900 Ne 85th St, Miami, FL 33138

1 bed

1 bath

$1,025

Upper East Side house for rent in Miami

Available Aug 1

Property Id: 134664 Furnished Private RM W/ Share BA, House Share in Upper East Side (MiMo Biscayne) adjacent to ShoreCrest, Miami Shores & El Portal. Internet, Cable, Water & Electricity are included. Mini stainless steel fridge and microwave included in room. Common (shared) areas: bathroom, full size kitchen and living room. Looking for clean, responsible, non-smoker and drug-free tenant. Accept anyone working remotely for an additional fee. First and two security deposit required. stable income and background check required at $55 non-refundable application fee per pe