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Average Rent in Miami, FL & Rent Trends

Rent prices and market trends across 36 apartment communities in Miami, FL. Updated daily.

Market Average

$3,241/mo

▲ +2.7% from last month

Lowest Available

$1,323/mo

cheapest unit on market

Communities

36

tracked daily

Units Listed

630

available now

Price Cuts This Week in Miami, FL

97 listed units across 15 buildings in Miami, FL dropped their asking rent in the past 7 days, an average cut of $96/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Grand Station Unit 17 $2,574 $2,034 $540
Grand Station Unit 7 $3,011 $2,604 $407
Atlantic Square Unit 7 $2,782 $2,552 $230
Atlantic Square Unit 6 $2,972 $2,782 $190
Muze at Met Apartments Unit 3410 $5,873 $5,702 $171
Muze at Met Apartments Unit 3210 $5,824 $5,654 $170
Muze at Met Apartments Unit PH1 $8,926 $8,756 $170
Muze at Met Apartments Unit 3903 $2,621 $2,460 $161
See today's prices on all 630 listed units

Rent by Neighborhood in Miami, FL

Compare average rent across Miami, FL neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Brickell $4,182 ▲  $217 $2,390 1 53
Miami 33130 $3,765 ▼  $24 $2,500 5 105
Downtown Miami $3,753 ▼  $267 $2,015 2 51
Upper East Side $3,619 ▼  $5 $2,700 1 10
Miami 33181 $3,510 - $2,399 1 51
Little Havana $3,169 ▲  $211 $1,900 4 35
Miami 33128 $2,995 ▲  $451 $1,323 6 134

Is Rent Going Up or Down in Miami, FL?

As of July 2026, the average rent in Miami, FL is $3,241 per month across 36 apartment communities and 630 available units. Rents have increased $77 (2.7%) over the past month.

The most affordable option is Tuscan View starting at $1,323/mo. By unit type, a studio averages $2,537/mo, a 1-bedroom averages $2,975/mo, a 2-bedroom averages $3,683/mo, a 3-bedroom averages $4,890/mo.

Prices range from $1,323 to $10,500 per month. The most common price point is the $2,600 range, where 91 units are currently listed.

Miami, FL Rent Price History

Window
View as table
Month Avg Rent Change Properties
April 2026 $3,218 - 16
May 2026 $3,019 -$199 25
June 2026 $3,038 +$19 27
July 2026 $3,158 +$120 32

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Miami, FL

Studio
$2,537
from $1,739 · 126 units
1 Bed
$2,975
from $1,323 · 266 units
2 Bed
$3,683
from $1,592 · 193 units
3 Bed
$4,890
from $1,841 · 45 units

Rent Prices by Apartment in Miami, FL

Property Starting at Average Units Rating
Tuscan View $1,323/mo $1,651/mo 4 4.1
Valencia Pointe Apartments $1,456/mo $1,555/mo 3 4.6
Bay Winds $1,457/mo $1,744/mo 3 4.3
Grand Station $1,739/mo $2,641/mo 18 4
The Corridor Apartments $1,818/mo $1,989/mo 8 3.9
Legacy Riverwalk $1,900/mo $1,900/mo 1 4.4
Lantower River Landing $1,936/mo $3,273/mo 32 4.4

Frequently Asked Questions About Rent in Miami, FL

What is the average rent in Miami, FL?

The average rent in Miami, FL is $3,241 per month as of July 2026, based on 630 units across 36 apartment communities.

Is rent going up or down in Miami, FL?

Rent in Miami, FL has increased $77 (2.7%) over the past month. The current average is $3,241/mo.

What is the cheapest apartment in Miami, FL?

The most affordable apartment in Miami, FL is Tuscan View with units starting at $1,323/mo.

How much is a 1-bedroom apartment in Miami, FL?

A 1-bedroom apartment in Miami, FL averages $2,975/mo, with prices starting at $1,323/mo across 266 available units.

How many apartments are available in Miami, FL?

There are 630 units available across 36 apartment communities in Miami, FL.

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

$130,000/year

Based on the 30 percent rule, using our tracked average rent of $3,241/mo.

Comfortable income

$156,000/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 62% 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) $3,241
Utilities $673
Groceries $550
Transportation $1,605
Healthcare $783
Other goods and services $1,253
Estimated total $8,106/mo

Population

446,663

Median household income

$59,390

Census median rent

$1,657/mo

Rent as % of income

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.

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