Average Rent in Miami, FL
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Miami’s vibrant rental market reflects the city’s dynamic blend of coastal living, cultural neighborhoods, and thriving business districts. Prospective renters can choose from sleek high‑rise apartments in Brickell and Downtown, artistic lofts in Wynwood, or spacious homes near the historic suburbs of Coral Gables and Coconut Grove. The city’s year‑round sunshine, world‑class beaches, and attractions such as Bayside Marketplace and the Pérez Art Museum make it a desirable destination for young professionals, families, and retirees alike. With a variety of transportation options—including Metrorail, Metrobus, and easy access to I‑95—tenants enjoy convenient connectivity to both work and play throughout South Florida.
Rental options in Miami cater to a broad spectrum of budgets and lifestyles. Studio apartments typically rent in the $2400s, while one‑bedroom units commonly fall within the $2,800‑$3,000 range, offering modern amenities and city views. Larger two‑ and three‑bedroom apartments often command $3,800‑$4,100 and $5,500‑$6,800 ranges, respectively, perfect for roommates or growing families. For those seeking more private space, houses provide competitive rates, with one‑bedroom homes around the $1,800‑$2,000 mark and two‑bedroom residences often priced in the $2,800‑$3,200 range. Miami’s diverse neighborhoods, from the upscale Ocean Drive corridor to the family‑friendly suburbs, ensure that renters can find a home that aligns with both their lifestyle preferences and financial goals.
Miami Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,460 | $2,509 | $1,215 – $3,994 | $2,050 – $2,815 |
| Apartment | 1 Bedroom | $2,550 | $2,446 | $700 – $7,414 | $1,765 – $3,110 |
| Apartment | 2 Bedroom | $3,571 | $3,352 | $700 – $8,766 | $2,500 – $4,400 |
| Apartment | 3 Bedroom | $5,879 | $5,100 | $1,175 – $17,000 | $3,953 – $7,500 |
| Apartment | 4+ Bedroom | $7,419 | $8,182 | $5,100 – $8,976 | $5,100 – $8,976 |
| House | Studio | $1,433 | $1,499 | $1,300 – $1,500 | $1,300 – $1,500 |
| House | 1 Bedroom | $1,951 | $1,875 | $800 – $4,200 | $1,500 – $2,400 |
| House | 2 Bedroom | $2,749 | $2,650 | $745 – $5,900 | $2,200 – $3,200 |
| House | 3 Bedroom | $4,800 | $3,700 | $1,500 – $15,000 | $3,200 – $5,500 |
| House | 4+ Bedroom | $8,656 | $5,950 | $3,200 – $25,500 | $4,400 – $10,500 |
Current rent in Miami (all property types): Studio $2,367, 1 Bedroom $2,486, 2 Bedroom $3,377, 3 Bedroom $5,256, 4+ Bedroom $8,570.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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