Average Rent in Miami, FL

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Current Versus Historical Miami, FL Rents

Miami rentals average $2,694 for a studio rental to $12,500 for a 4-bedroom rental. The median price of all currently available listings is $3,490, or roughly $50 per square feet.
For the apartment units and housing in August 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $353 (15.69%) year-over-year from $2,250 to $2,603. 1-bedroom rentals prices have increased by $467 (18.43%) year-over-year from $2,533 to $3,000. 2-bedroom rentals prices have increased by $554 (16.30%) year-over-year from $3,396 to $3,950. 3-bedroom rentals prices have decreased by $618 (-11.61%) year-over-year from $5,317 to $4,699. 4-bedroom rentals prices have decreased by $5,975 (-68.29%) year-over-year from $8,750 to $2,775. 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 7.40% this month. 1-bedroom rents have gone down by 3.23% this month. 2-bedroom rents have gone down by 1.02% this month. 3-bedroom rents have gone down by 11.61% this month. 4-bedroom rents have gone down by 67.00% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $69.48 $2,603 $2,250 (15.69%) $2,171 (19.88%)
1 BR $52.90 $3,000 $2,533 (18.43%) $2,950 (1.69%)
2 BR $43.53 $3,950 $3,396 (16.30%) $3,930 (0.51%)
3 BR $44.50 $4,699 $5,317 (-11.61%) $5,617 (-16.34%)
4+ BR $58.39 $2,775 $8,750 (-68.29%) $7,967 (-65.17%)

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 $2,575 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Pembroke Pines, FL, with an average rent of $2,225, 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 $4,275 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 47.56% more expensive than other cities nearby. One bedrooms are about 43.20% more expensive. Two bedrooms in Miami, FL are about 27.44% more expensive. Finally, rent for three bedrooms are about 19.47% 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
Pembroke Pines, FL $1,500 $1,725 $2,200 $2,225
Hollywood, FL $1,400 $1,700 $2,425 $2,400
Hallandale Beach, FL $1,425 $1,800 $2,875 $2,400
North Miami, FL $1,350 $1,700 $3,075 $2,500
Miramar, FL $1,360 $1,750 $2,288 $2,650
Aventura, FL N/A $2,121 $3,100 $3,100
Miami Beach, FL $2,700 $3,000 $3,600 $3,200
Sunny Isles Beach, FL $2,200 $2,400 $4,200 $4,275

Top Neighborhoods Near Miami

There are a total of 5 neighborhoods in or near Miami. Some of these neighborhoods include Hallandale Beach, Hollywood Lakes, and Hollywood Beach - Quadoman. We've included all of these top 5 neighborhoods in or near Miami, FL in the following table.

The average rent for these 5 neighborhoods in or near Miami, FL is currently around $3,000 per month. A total of 4 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 $3,490. Out of all the neighborhoods in or near Miami, Hallandale Beach has the most affordable average rent at $2,375 per month. Whereas, at $4,150 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 $1,425 $1,800 $2,875 $2,375
Hollywood Lakes, Hollywood, FL $1,325 $1,650 $2,400 $2,675
Hollywood Beach - Quadoman, Hollywood, FL $1,925 $2,600 $4,000 $3,000
Downtown Miami, Miami, FL $2,480 $3,100 $3,750 $3,225
Brickell, Miami, FL $3,000 $3,500 $4,850 $4,150

Top Counties Near Miami

There are a total of 7 counties located by Miami, FL. Some of these counties include Miramar-Pembroke Pines, FL, Hallandale Beach, FL, and Hialeah, FL. The average rent for rentals in these counties is $2,483. That's roughly around $28 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Miramar-Pembroke Pines, FL. Its average rent per month is $2,300. Vice versa, with an average rent of $3,500, Miami Beach, FL is the most expensive county by Miami, FL.

Typically, rent for studios in Miami, FL is 46.17% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Miami, FL is 42.40% more expensive than other counties nearby. Finally, rent for two bedrooms in Miami, FL is 42.59% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Miramar-Pembroke Pines, FL $1,450 $1,723 $2,200 $2,300
Hallandale Beach, FL $1,450 $1,800 $2,850 $2,375
Hialeah, FL $1,499 $1,836 $2,354 $2,400
Kendale Lakes-Tamiami, FL N/A $1,800 $2,290 $2,483
Princeton-Goulds, FL N/A $1,475 $1,933 $2,650
Miami, FL $2,505 $2,800 $3,300 $3,100
Miami Beach, FL $2,625 $2,750 $4,000 $3,500

Top Zipcodes Near Miami

There are a total of 15 zipcodes in or near Miami, FL. The average rent for all of these zipcodes is $3,150. A total of 12 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 $1,885 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $1,850. That's at least $48 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Miami, FL is $2,200 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $34 per sqft. The following table includes the top 10 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 $2,800 $3,000 $3,550 $3,150
33132, Miami, FL $2,505 $3,275 $4,000 $3,402
33130, Miami, FL $3,200 $3,100 $3,900 $3,300
33009, Hallandale Beach, FL $1,425 $1,800 $2,850 $2,375
33160, North Miami Beach, FL $1,973 $2,350 $3,500 $3,500
33020, Hollywood, FL $1,397 $1,600 $2,325 $1,885
33141, Miami Beach, FL $1,850 $2,200 $3,500 $2,800
33161, North Miami, FL $1,350 $1,675 $2,200 $2,000
33137, Miami, FL $3,150 $3,445 $4,900 $4,000
33025, Miramar, FL $1,200 $1,900 $2,225 $2,125

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 $3,490. 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 $2,694 and an average price per square feet of $69.48. There are a total of 52 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 $3,125 and an average price per square feet of $52.90. There are a total of 228 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 $4,100 and an average price per square feet of $43.53. There are a total of 161 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 0.16%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.16%, three bedroom rental prices have changed by -0.12% year-over-year.
What is a reasonable rent price in Miami, FL?
A reasonable rent price in Miami, FL is around $2,792/month. You can search for these reasonably priced rental listings on RentHop.
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