Average Rent in Miami, FL

Home  »  FL  »  Miami

Current Versus Historical Miami, FL Rents

Miami rentals average $2,650 for a studio rental to $6,025 for a 4-bedroom rental. The median price of all currently available listings is $3,200, or roughly $48 per square feet.
For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $300 (13.64%) year-over-year from $2,200 to $2,500. 1-bedroom rentals prices have increased by $367 (14.19%) year-over-year from $2,583 to $2,950. 2-bedroom rentals prices have increased by $37 (1.07%) year-over-year from $3,463 to $3,500. 3-bedroom rentals prices have decreased by $855 (-16.76%) year-over-year from $5,100 to $4,245. 4-bedroom rentals prices have decreased by $4,125 (-44.59%) year-over-year from $9,250 to $5,125. 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 7.93% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 1.69% this month. 3-bedroom rents have gone down by 7.35% this month. 4-bedroom rents have gone down by 43.73% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $64.31 $2,500 $2,200 (13.64%) $2,105 (18.78%)
1 BR $49.08 $2,950 $2,583 (14.19%) $2,967 (-0.56%)
2 BR $41.60 $3,500 $3,463 (1.07%) $3,997 (-12.43%)
3 BR $43.78 $4,245 $5,100 (-16.76%) $5,350 (-20.65%)
4+ BR $37.23 $5,125 $9,250 (-44.59%) $7,975 (-35.74%)

Historical Rents in Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Miami

There are a total of 8 cities nearby Miami. The average rent in Miami is currently $2,660 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Hallandale Beach, FL, with an average rent of $2,150, 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 $3,350 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 44.81% more expensive than other cities nearby. One bedrooms are about 35.81% more expensive. Two bedrooms in Miami, FL are about 28.25% more expensive. Finally, rent for three bedrooms are about 15.98% more expensive. Want more information? Check out the top 8 cities near Miami, FL in the following table.
City Studio 1 Bed 2 Bed All
Hallandale Beach, FL $1,450 $1,838 $2,538 $2,150
Pembroke Pines, FL $1,450 $1,700 $2,200 $2,350
Hollywood, FL $1,425 $1,700 $2,450 $2,395
Miramar, FL $1,450 $1,950 $2,298 $2,650
North Miami, FL $1,475 $1,700 $3,200 $2,669
Miami Beach, FL $2,300 $2,500 $3,525 $2,750
Aventura, FL $2,475 $2,298 $3,000 $2,899
Sunny Isles Beach, FL $2,200 $2,325 $4,325 $3,350

Top Neighborhoods Near Miami

There are a total of 4 neighborhoods in or near Miami. Some of these neighborhoods include Hallandale Beach, Flamingo - Lummus, and Hollywood Lakes. We've included all of these top 4 neighborhoods in or near Miami, FL in the following table.

The average rent for these 4 neighborhoods in or near Miami, FL is currently around $2,335 per month. A total of 3 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 $3,200. Out of all the neighborhoods in or near Miami, Hallandale Beach has the most affordable average rent at $2,150 per month. Whereas, at $4,300 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
Hallandale Beach, FL $1,450 $1,838 $2,538 $2,150
Flamingo - Lummus, Miami Beach, FL $1,900 $2,200 $2,945 $2,275
Hollywood Lakes, Hollywood, FL $1,400 $1,600 $2,400 $2,395
Brickell, Miami, FL $2,600 $3,425 $5,148 $4,300

Top Counties Near Miami

There are a total of 8 counties located by Miami, FL. Some of these counties include Hallandale Beach, FL, Miramar-Pembroke Pines, FL, and Hialeah, FL. The average rent for rentals in these counties is $2,594. That's roughly around $29 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Hallandale Beach, FL. Its average rent per month is $2,150. Vice versa, with an average rent of $2,983, Miami Beach, FL is the most expensive county by Miami, FL.

Typically, rent for studios in Miami, FL is 37.13% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Miami, FL is 31.66% more expensive than other counties nearby. Finally, rent for two bedrooms in Miami, FL is 35.54% 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 $1,450 $1,838 $2,475 $2,150
Miramar-Pembroke Pines, FL $1,450 $1,800 $2,200 $2,400
Hialeah, FL $1,882 $2,032 $2,400 $2,500
North Westside, FL $2,000 $2,000 $2,444 $2,587
Kendall-Palmetto Bay, FL N/A $2,100 $2,725 $2,600
Princeton-Goulds, FL N/A $1,625 $2,500 $2,766
Miami, FL $2,500 $2,300 $3,200 $2,950
Miami Beach, FL $2,250 $2,407 $3,600 $2,983

Top Zipcodes Near Miami

There are a total of 9 zipcodes in or near Miami, FL. The average rent for all of these zipcodes is $2,650. A total of 8 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 $1,900 per month. In comparison, the zipcode with the most expensive average rent of $3,427 per month is 33132, Miami, FL.

Studios in these zipcodes have an average rent of $2,050. That's at least $50 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Miami, FL is $2,260 per month. Or in other words, $33 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,300 per month. Which comes out to $34 per sqft. The following table includes the top 9 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 $2,300 $2,500 $3,600 $2,750
33132, Miami, FL $2,480 $3,200 $4,232 $3,427
33009, Hallandale Beach, FL $1,450 $1,838 $2,538 $2,150
33160, North Miami Beach, FL $2,050 $2,260 $3,300 $2,650
33020, Hollywood, FL $1,398 $1,600 $2,400 $1,900
33127, Miami, FL $2,674 $2,995 $4,066 $2,881
33025, Miramar, FL N/A $1,950 $2,200 $2,200
33019, Hollywood, FL $2,200 $2,500 $3,300 $3,000
33021, Hollywood, FL $1,295 $1,713 $2,200 $2,325

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 $3,200. 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 $2,650 and an average price per square feet of $64.31. There are a total of 41 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 $2,950 and an average price per square feet of $49.08. There are a total of 141 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 $3,859 and an average price per square feet of $41.60. There are a total of 114 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 0.14%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by -0.17% year-over-year.
What is a reasonable rent price in Miami, FL?
A reasonable rent price in Miami, FL is around $2,560/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast