What's the average rent in Miami, FL?

Rental Market Trends in Miami, FL

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Miami, FL is $3,150 per month, which is 63% higher than the national average rent of $1,930 per month.

AVERAGE RENT

$3,150

0.0%No change month over month

-1.3%-$40 decrease year-over-year

AVAILABLE RENTALS

7,382

APARTMENTS

$2,168

HOUSES

$4,000

TOWNHOUSES

$3,125

As of May 2026, apartments are the most affordable rental option in Miami, FL at $2,168 per month, while houses are the most expensive at $4,000 per month. Townhomes average $3,125 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,566
2 Bedrooms	$3,200
3 Bedrooms	$3,850
4 Bedrooms	$5,000
All	$3,150

As of May 2026, the average rent for a 1 bedroom rental in Miami, FL is $2,566 per month, followed by $3,200 for a 2 bedroom rental, $3,850 for a 3 bedroom rental, and $5,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,783
3 Bedrooms	$3,200
4 Bedrooms	$3,600
All	$3,125

As of May 2026, the average rent for a 1 bedroom townhome in Miami, FL is $2,100 per month, followed by $2,783 for a 2 bedroom townhome, $3,200 for a 3 bedroom townhome, and $3,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,690
2 Bedrooms	$3,390
3 Bedrooms	$5,500
4 Bedrooms	$10,500
All	$3,000

As of May 2026, the average rent for a 1 bedroom apartment in Miami, FL is $2,690 per month, followed by $3,390 for a 2 bedroom apartment, $5,500 for a 3 bedroom apartment, and $10,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,533
2 Bedrooms	$2,900
3 Bedrooms	$3,700
4 Bedrooms	$4,749
All	$4,000

As of May 2026, the average rent for a 1 bedroom house in Miami, FL is $1,533 per month, followed by $2,900 for a 2 bedroom house, $3,700 for a 3 bedroom house, and $4,749 for a 4 bedroom house.