Average Rent in Miami, FL
35 apartment buildings, 576 units. Daily asking prices with rent history for every building.
Browse apartments in Miami, FLCheapest
$1,323/mo
Tuscan View
Properties
35
tracked daily
Units
576
available now
Miami, FL Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 35 properties in Miami, FL.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Miami, FL Rent Prices
All 35 properties ranked by lowest available rent.
Tuscan View
670 NW 6th St, Miami, FL 33136, USA
Bay Winds
11900 NE 16th Ave, Miami, FL 33161, USA
The Corridor Apartments
719 NE 83rd Terrace, Miami, FL 33138, USA
Lantower River Landing
1480 NW N River Dr, Miami, FL 33125, USA
Arte Grand Central
218 NW 8th St, Miami, FL 33136, USA
Legacy Riverwalk
1921 NW N River Dr, Miami, FL 33125, USA
Atlantic Square
777 NW 2nd Ave, Miami, FL 33136, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Tuscan View 670 NW 6th St, Miami, FL 33136, USA | $1,323 | $1,651 | $1.87/ft² | 4.1 (36) | 4 |
| 2 | Bay Winds 11900 NE 16th Ave, Miami, FL 33161, USA | $1,457 | $1,744 | $1.91/ft² | 4.3 (99) | 3 |
| 3 | The Corridor Apartments 719 NE 83rd Terrace, Miami, FL 33138, USA | $1,734 | $1,843 | $3.19/ft² | 3.9 (189) | 12 |
| 4 | Lantower River Landing 1480 NW N River Dr, Miami, FL 33125, USA | $1,809 | $3,225 | $3.64/ft² | 4.4 (574) | 33 |
| 5 | Arte Grand Central 218 NW 8th St, Miami, FL 33136, USA | $1,859 | $2,629 | $4.10/ft² | 4.6 (641) | 35 |
| 6 | Legacy Riverwalk 1921 NW N River Dr, Miami, FL 33125, USA | $1,900 | $2,250 | $2.49/ft² | 4.4 (73) | 3 |
| 7 | Atlantic Square 777 NW 2nd Ave, Miami, FL 33136, USA | $1,980 | $3,064 | $3.92/ft² | 4.3 (44) | 24 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Tuscan View
4.1 (36)670 NW 6th St, Miami, FL 33136, USA
Bay Winds
4.3 (99)11900 NE 16th Ave, Miami, FL 33161, USA
The Corridor Apartments
3.9 (189)719 NE 83rd Terrace, Miami, FL 33138, USA
Lantower River Landing
4.4 (574)1480 NW N River Dr, Miami, FL 33125, USA
Arte Grand Central
4.6 (641)218 NW 8th St, Miami, FL 33136, USA
Legacy Riverwalk
4.4 (73)1921 NW N River Dr, Miami, FL 33125, USA
By Area
Miami, FL neighborhoods
Tracked buildings across 14 named neighborhoods. Pick one to see its apartments.
Miami, FL Average Rent Prices 2026
The average rent in Miami, FL is $3,171 per month, based on 576 units across 35 apartment communities. Prices range from $1,323 at Tuscan View to $10,350 at Flow Brickell.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $2,474/mo | $1,809/mo | 92 |
| 1 Bed | $2,844/mo | $1,323/mo | 235 |
| 2 Bed | $3,599/mo | $1,592/mo | 220 |
| 3 Bed | $4,787/mo | $1,841/mo | 29 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Building Economics
How much do Miami, FL apartments earn?
The 10 buildings we can estimate generate about $8.5M in rental revenue per month ($102M a year). Estimated from each building's unit-level listing and leasing activity.
| Building | Est. Monthly Revenue | Asking / Leased | Est. Occupancy | Units |
|---|---|---|---|---|
| 1.Atlantic Square | $1.9M/mo | $3,195 / $3,225 | 98% | 616 |
| 2.Biscayne Shores | $1.2M/mo | $3,895 / $3,689 | 89% | 380 |
| 3.Park Place By the Bay | $1.1M/mo | $2,565 / $2,513 | 94% | 469 |
| 4.SoMa at Brickell Apartments | $1.1M/mo | $2,639 / $2,682 | 94% | 418 |
| 5.Arte Grand Central | $812K/mo | $2,629 / $2,500 | 90% | 360 |
| 5 more estimated buildings | $2.3M/mo |
Research estimates from listing activity, not operator financials. Asking is the average listed rent; leased is the average rent at which units left the market. Click any building for the full revenue breakdown and methodology.
Market Context
Who rents in Miami, FL, and what they pay
Tracked one-bedroom rent in Miami, FL averages $2,844/mo, with two-bedroom units averaging $3,599/mo. At the local median household income of $59,390, that works out to 64% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Miami, FL at $1,657/mo. The current tracked market average runs 91% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Miami, FL while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Miami
Demand in the Miami rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- American Airlines
- Royal Caribbean
- Carnival Cruise Line
- Baptist Health South Florida
- University of Miami
Mean one-way commute in Miami, FL is 27 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Miami, FL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$127,000/year
Based on the 30 percent rule, using our tracked average rent of $3,171/mo.
Comfortable income
$152,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,323/mo), you need to earn at least $53,000/year.
Median household income in Miami, FL is $59,390 , about 61% below the comfortable-living threshold.
Cost of living in Miami, FL
Overall prices in Miami, FL runs above the national average by about 12% (BEA Regional Price Parity index 112.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Miami, FL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,171 |
| Utilities | $673 |
| Groceries | $550 |
| Transportation | $1,605 |
| Healthcare | $783 |
| Other goods and services | $1,253 |
| Estimated total | $8,036/mo |
Population
446,663
Median household income
$59,390
Census median rent
$1,657/mo
Census rent burden
36.3%
Median age
39.7
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Florida
How Miami, FL rent compares to other markets in the state.
| City | Avg Rent | vs Miami, FL | 30-Day Change | Properties |
|---|---|---|---|---|
| Tampa, FL | $2,808 | -11% | -2.1% | 27 |
| Orlando, FL | $2,145 | -32% | +0.5% | 24 |
| Apopka, FL | $1,839 | -42% | +0.2% | 20 |
| Bradenton, FL | $1,646 | -48% | -0.9% | 20 |
| Jacksonville, FL | $1,898 | -40% | +0.6% | 20 |
| Daytona Beach, FL | $1,463 | -54% | -7.1% | 19 |
Frequently asked questions
What is the average rent in Miami, FL?
The average rent in Miami, FL is $3,171 per month, based on 576 units across 35 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Miami, FL?
The median asking rent in Miami, FL is $2,950 per month, computed from 576 live listed units and refreshed daily. The average is $3,171/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Miami, FL?
The lowest available rent in Miami, FL starts at $1,323 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Miami, FL?
1-bedroom apartments in Miami, FL average $2,844/mo. The lowest listed 1-bedroom starts at $1,323/mo across 235 units tracked.
How much is a 2-bedroom apartment in Miami, FL?
2-bedroom apartments in Miami, FL average $3,599/mo. Units start from $1,592/mo across 220 units currently listed.
Rent Trends in Miami, FL
Track how apartment prices are changing over time.
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