What's the average rent in Miami, FL?

Rental Market Trends in Miami, FL

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Miami, FL is $3,200 per month, which is 64% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$3,200
0.0%
No change month over month
-0.3%
-$10 decrease year-over-year

AVAILABLE RENTALS

7,866

APARTMENTS

$2,427

HOUSES

$4,000

TOWNHOUSES

$3,200
As of July 2026, apartments are the most affordable rental option in Miami, FL at $2,427 per month, while houses are the most expensive at $4,000 per month. Townhomes average $3,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,699
2 Bedrooms$3,222
3 Bedrooms$3,850
4 Bedrooms$4,800
All$3,200
As of July 2026, the average rent for a 1 bedroom rental in Miami, FL is $2,699 per month, followed by $3,222 for a 2 bedroom rental, $3,850 for a 3 bedroom rental, and $4,800 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by 0% compared to the previous year, which is a $10 decrease.
This year (2026)
Last year (2025)

Rent distribution

24% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $101 to $360,000.
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