What's the average rent in Miami, FL?
Rental Market Trends in Miami, FL
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SOURCE: TRULIA DATA
Rental market highlights
As of October 2026, the average rent in Miami, FL is $3,150 per month, which is 62% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$3,150
2.0%$61 increase month-over-month
-1.4%-$44 decrease year-over-year
AVAILABLE RENTALS
8,498
APARTMENTS
HOUSES
TOWNHOUSES
As of October 2026, apartments are the most affordable rental option in Miami, FL at $2,427 per month, while houses are the most expensive at $3,900 per month. Townhomes average $3,100 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,600 |
| 2 Bedrooms | $3,295 |
| 3 Bedrooms | $3,800 |
| 4 Bedrooms | $4,528 |
| All | $3,150 |
As of October 2026, the average rent for a 1 bedroom rental in Miami, FL is $2,600 per month, followed by $3,295 for a 2 bedroom rental, $3,800 for a 3 bedroom rental, and $4,528 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,900 |
| 2 Bedrooms | $2,700 |
| 3 Bedrooms | $3,200 |
| 4 Bedrooms | $3,500 |
| All | $3,150 |
As of October 2026, the average rent for a 1 bedroom townhome in Miami, FL is $1,900 per month, followed by $2,700 for a 2 bedroom townhome, $3,200 for a 3 bedroom townhome, and $3,500 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,722 |
| 2 Bedrooms | $3,500 |
| 3 Bedrooms | $5,900 |
| 4 Bedrooms | $9,900 |
| All | $3,000 |
As of October 2026, the average rent for a 1 bedroom apartment in Miami, FL is $2,722 per month, followed by $3,500 for a 2 bedroom apartment, $5,900 for a 3 bedroom apartment, and $9,900 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,550 |
| 2 Bedrooms | $2,800 |
| 3 Bedrooms | $3,750 |
| 4 Bedrooms | $4,500 |
| All | $3,900 |
As of October 2026, the average rent for a 1 bedroom house in Miami, FL is $1,550 per month, followed by $2,800 for a 2 bedroom house, $3,750 for a 3 bedroom house, and $4,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -3% compared to the previous year, which is a $100 decrease.
This year (2026)
Last year (2025)
Rent distribution
25% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $101 to $85,000.