Miami maintained position as the 8th most expensive rental market last month, as the one bedroom median price dropped a slight 1.1% to $1,850, while two bedrooms similarly were down 1.2% to $2,500. Despite cooling off in the near term, prices in the city are still up a considerable 5.7% in the past year. On our list of rent prices across the largest cities in the US, Miami comes ahead of Los Angeles, Seattle, and San Diego.
Looking closer at neighborhoods, the most expensive areas to rent a home, condo, or apartment this fall include Fisher Island ($4,650), Park West ($2,740), and the Village of Key Biscayne ($2,425). Other expensive areas in the $2,000 range include the Venetian Islands, City Center, Oceanfront, and South Pointe.
More affordable options around $700-$1,500 can be found further inland, such as Flagler ($1,200), Little Haiti ($1,080), or Gladeview ($750).
If you’re interested in seeing how Miami stacks up to the rest of the United States, view our National Rent Report for October, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow us on Facebook, Gazouillement, ou Pinterest. In the market for a new place? Search over 2,600 Miami apartments for rent on Zumper.
Contenu associé
