Miami, FL Rental Market Trends
What is the average rent in Miami?
The average rent for an apartment in Miami is $1,703. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Miami, FL
Average Rent | Average Apartment Size |
---|---|
$1,703 | 889 sq. ft. |
What is the average apartment size in Miami?
The average size for a Miami, FL apartment is 889 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Miami, FL apartment rent ranges
Miami, FL Occupied Housing Units
127,075 or 70% of the households in Miami, FL are renter-occupied while 54,522 or 30% are owner-occupied.
Miami, FL rent trends
How Miami Compares to Other Cities
City | Average Rent |
---|---|
Orlando | $1,429 |
Miami | $1,703 |
Jacksonville | $1,105 |
Clearwater | $1,237 |
West Palm Beach | $1,469 |
Tampa | $1,338 |
St. Petersburg | $1,330 |
Coral Springs | $1,734 |
Hollywood | $1,466 |
Miramar | $1,842 |
Pompano Beach | $1,512 |
What is the average price for a storage unit in Miami?
The average rent for a non-climate-controlled 10'x10' storage unit in Miami is $254.74. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.