What's the average rent in Miami, FL?

Rental Market Trends in Miami, FL

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

$2,427

HOUSES

$3,900

TOWNHOUSES

$3,100
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 typeAverage 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.

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.
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