Average Rent in Miami, FL

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Current Versus Historical Miami, FL Rents

Miami rentals average $2,600 for a studio rental to $12,700 for a 4-bedroom rental. The median price of all currently available listings is $3,100, or roughly $47 per square feet.
For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $284 (12.45%) year-over-year from $2,283 to $2,568. 1-bedroom rentals prices have increased by $42 (1.50%) year-over-year from $2,783 to $2,825. 2-bedroom rentals prices have increased by $348 (9.52%) year-over-year from $3,650 to $3,998. 3-bedroom rentals prices have decreased by $141 (-2.80%) year-over-year from $5,036 to $4,895. 4-bedroom rentals prices have increased by $3,908 (44.45%) year-over-year from $8,792 to $12,700. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 4.59% this month. 1-bedroom rents have gone down by 0.59% this month. 2-bedroom rents have gone up by 4.31% this month. 3-bedroom rents have gone down by 2.39% this month. 4-bedroom rents have gone up by 32.52% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $68.12 $2,568 $2,283 (12.45%) $2,100 (22.28%)
1 BR $47.83 $2,825 $2,783 (1.50%) $2,917 (-3.14%)
2 BR $42.64 $3,998 $3,650 (9.52%) $3,783 (5.66%)
3 BR $43.44 $4,895 $5,036 (-2.80%) $5,367 (-8.79%)
4+ BR $58.62 $12,700 $8,792 (44.45%) $6,983 (81.86%)

Historical Rents in Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Miami

There are a total of 9 cities nearby Miami. The average rent in Miami is currently $2,559 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Hollywood, FL, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Miami, FL is Sunny Isles Beach, FL. Monthly rents here are on average $3,100 per month.

Let's compare Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Miami, FL is 46.15% more expensive than other cities nearby. One bedrooms are about 38.60% more expensive. Two bedrooms in Miami, FL are about 27.85% more expensive. Finally, rent for three bedrooms are about 19.54% more expensive. Want more information? Check out the top 9 cities near Miami, FL in the following table.
City Studio 1 Bed 2 Bed All
North Miami Beach, FL N/A $1,698 $2,400 $2,200
Hollywood, FL $1,400 $1,750 $2,275 $2,200
Pembroke Pines, FL $1,475 $1,600 $2,100 $2,200
Hallandale Beach, FL $1,398 $1,750 $2,598 $2,300
North Miami, FL $1,400 $1,750 $2,738 $2,559
Miramar, FL $1,290 $1,640 $2,400 $2,600
Miami Beach, FL $2,350 $2,500 $3,575 $2,850
Aventura, FL N/A $1,900 $2,950 $2,950
Sunny Isles Beach, FL $1,873 $2,350 $3,775 $3,100

Top Neighborhoods Near Miami

There are a total of 7 neighborhoods in or near Miami. Some of these neighborhoods include Royal Poinciana, Parkside, and North Central Hollywood. We've included all of these top 7 neighborhoods in or near Miami, FL in the following table.

The average rent for these 7 neighborhoods in or near Miami, FL is currently around $2,300 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is less than Miami's average rent, which is actually $3,100. Out of all the neighborhoods in or near Miami, Royal Poinciana has the most affordable average rent at $1,775 per month. Whereas, at $3,925 average rent per month, Brickell is the most expensive neighborhood in or near Miami. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Royal Poinciana, Hollywood, FL $1,275 $1,700 $1,900 $1,775
Parkside, Hollywood, FL $1,375 $1,750 $2,200 $1,894
North Central Hollywood, Hollywood, FL $1,100 $1,575 $2,200 $1,900
Hallandale Beach, FL $1,398 $1,750 $2,595 $2,300
Downtown Miami, Miami, FL $2,390 $2,938 $3,600 $2,938
Hollywood Beach - Quadoman, Hollywood, FL $1,850 $2,500 $4,000 $3,000
Brickell, Miami, FL $2,995 $3,525 $4,500 $3,925

Top Counties Near Miami

There are a total of 9 counties located by Miami, FL. Some of these counties include Hallandale Beach, FL, Kendale Lakes-Tamiami, FL, and Miramar-Pembroke Pines, FL. The average rent for rentals in these counties is $2,450. That's roughly around $29 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Hallandale Beach, FL. Its average rent per month is $2,300. Vice versa, with an average rent of $3,100, North Westside, FL is the most expensive county by Miami, FL.

Typically, rent for studios in Miami, FL is 46.15% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Miami, FL is 34.04% more expensive than other counties nearby. Finally, rent for two bedrooms in Miami, FL is 32.03% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Hallandale Beach, FL $1,400 $1,750 $2,573 $2,300
Kendale Lakes-Tamiami, FL N/A $1,880 $2,275 $2,325
Miramar-Pembroke Pines, FL $1,450 $1,650 $2,200 $2,400
Kendall-Palmetto Bay, FL $1,200 $1,900 $2,450 $2,450
Hialeah, FL $1,724 $1,850 $2,264 $2,450
Princeton-Goulds, FL N/A $1,700 $1,965 $2,595
Miami, FL $2,505 $2,273 $2,812 $2,800
Miami Beach, FL $2,200 $2,400 $3,750 $2,950
North Westside, FL N/A $1,950 $2,447 $3,100

Top Zipcodes Near Miami

There are a total of 13 zipcodes in or near Miami, FL. The average rent for all of these zipcodes is $2,400. A total of 12 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33020, Hollywood, FL at $1,875 per month. In comparison, the zipcode with the most expensive average rent of $3,350 per month is 33132, Miami, FL.

Studios in these zipcodes have an average rent of $1,450. That's at least $34 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Miami, FL is $1,799 per month. Or in other words, $29 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,595 per month. Which comes out to $30 per sqft. The following table includes the top 10 zipcodes in Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33139, Miami Beach, FL $2,600 $2,500 $4,200 $3,000
33132, Miami, FL $2,445 $3,300 $4,350 $3,350
33009, Hallandale Beach, FL $1,398 $1,750 $2,595 $2,300
33160, North Miami Beach, FL $1,745 $2,225 $2,950 $2,806
33020, Hollywood, FL $1,325 $1,600 $2,200 $1,875
33141, Miami Beach, FL $1,850 $2,075 $2,595 $2,400
33025, Miramar, FL $1,000 $1,799 $2,190 $2,238
33019, Hollywood, FL $1,975 $2,500 $4,000 $3,000
33021, Hollywood, FL $1,400 $1,738 $2,100 $2,300
33180, Aventura, FL N/A $1,900 $3,000 $3,000

Frequently Asked Questions - Miami Average Rents

What is the average rent price in Miami, FL?
The average monthly rental price for Miami, FL apartments for rent is approximately $3,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Miami, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Miami, FL.
How much is a studio apartment in Miami, FL?
The average monthly rental price for studio apartments is $2,600 and an average price per square feet of $68.12. There are a total of 40 studio apartment listings currently available for rent in Miami.
How much is a one bedroom apartment in Miami, FL?
The average monthly rental price for one bedroom apartments is $2,850 and an average price per square feet of $47.83. There are a total of 199 one bedroom apartment listings currently available for rent in Miami.
How much is a two bedroom apartment in Miami, FL?
The average monthly rental price for two bedroom apartments is $3,600 and an average price per square feet of $42.64. There are a total of 125 two bedroom apartment listings currently available for rent in Miami.
How have rent prices in Miami, FL changed this year?
Rent prices for rentals in Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.10%, three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in Miami, FL?
A reasonable rent price in Miami, FL is around $2,480/month. You can search for these reasonably priced rental listings on RentHop.