Rental market trends for
Miami, FL
The average rent price in Miami was $3,004 last month, down $78 month over month.
Median rent
$3,004
Month-over-month change
−$78
Average rent in Miami
In May 2024, Miami rental prices decreased $78 compared to last month.
$3,004
-2.51% month over month
Median rent of neighborhoods in Miami
Neighborhood | Median rent | MoM (% change) |
---|---|---|
Coconut Grove | $3,500 | -26.32% |
Brickell | $3,900 | -4.88% |
Edgewater | $4,100 | +3.80% |
Downtown Miami | $3,800 | -5.00% |
Wynwood | $3,799 | +5.53% |
Little Havana | $2,100 | -2.33% |
Far North Side | $1,650 | +3.45% |
Midtown Miami | $4,000 | +4.78% |
Brickell Key | $3,700 | -6.33% |
Coral Way | $3,129 | -5.92% |
Lower West Side | $1,800 | +0.56% |
Little Haiti | $2,180 | +14.74% |
Shenandoah | $2,800 | -6.67% |
Last updated: 06/09/2024
Average rent of nearby cities
Here's how Miami's average rent of $3,004 compares to nearby cities.
Last updated: 06/09/2024
More resources for Miami
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Condos for rent in Miami | |||
Houses for rent in Miami | |||
Townhomes for rent in Miami | |||
Apartments for rent in Miami |