Property prices for rent in Miami (Florida)

The rent prices in real estate in Miami, in the Florida region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$2,475.83
Average price last 6 months
$7.08
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Miami has had a strong fall during the last 6 months. In June, the average price per sq.feet was $9.46. In the following month the price per sq.feet rose to $10.64. The price for the following two months in (August, September) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 32 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $9.16 to $2.9 during October, and November.

Average price

When referring to the price in Miami (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $2,595. In July This price remains at $2,589. In the following two months the average price has hardly changed with regard to the previous two months from $2,592 to $2,489.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,540.75 to $2,346 in October and November.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,392 they are 25 % more affordable than the average price for Miami . The properties with the highest average price have 4 bedrooms, Their price is 109 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,051.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.97 / sq.feet, with an average $3.11 / sq.feet price in Miami. The properties with the most affordable average prices have 1 bedroom. They are 20 % more affordable than the average followed by properties with 4 bedrooms with a price at $2.24 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,392 it is 35 % more affordable than the average price in Miami. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Land". At a price of $2,406 it is 36 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.22 / sq.feet followed by "Villa" priced at $2.28 / sq.feet. "Apartment" is the most expensive type of property with a $38 / sq.feet value followed by "Townhouse" with an average price of $20.46 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Miami
Number of properties used in region Florida
$2,392
$3.11
121,218
803,922
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Miami, Fl. 3 Bed, 2 Bath
 13
Brand New Home In Miami, Fl. 3 Bed, 2 Bath
$316,990
Miami, Florida - For Sale - House - 1,414 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the cortez plan by lennar, and is located in the community of the via ventura - villas at 713 ne 208 ter, miami, fl-33179. Special...
Brand New Home In Miami Gardens, Fl. 5 Bed, 3 Bath
 33
Brand New Home In Miami Gardens, Fl. 5 Bed, 3 Bath
$447,490
Miami, Florida - For Sale - House - 2,605 sq.feet - 5 bedrooms - 3 bathrooms
And is located in the community of the walden square at 1436 nw 208 st, miami gardens, fl... As walden square is a brand-new, single-family home community tucked away in miami...
Brand New Home In Miami Gardens, Fl. 6 Bed, 3 Bath
 48
Brand New Home In Miami Gardens, Fl. 6 Bed, 3 Bath
$451,902
Miami, Florida - For Sale - House - 2,864 sq.feet - 6 bedrooms - 4 bathrooms
And is located in the community of the walden square at 1430 nw 208 st*, miami gardens... Tucked away in miami gardens, florida. Walden square is within close proximity...
Brand New Home In Miami, Fl. 4 Bed, 3 Bath
 13
Brand New Home In Miami, Fl. 4 Bed, 3 Bath
$412,540
Miami, Florida - For Sale - House - 2,094 sq.feet - 4 bedrooms - 4 bathrooms
This new construction, quick delivery home is the sevilla plan by lennar, and is located in the community of the via ventura - townhomes at 20710 ne 6 ave, miami...
Brand New Home In Miami, Fl. 4 Bed, 3 Bath
 13
Brand New Home In Miami, Fl. 4 Bed, 3 Bath
$411,940
Miami, Florida - For Sale - House - 2,094 sq.feet - 4 bedrooms - 4 bathrooms
This new construction, quick delivery home is the sevilla plan by lennar, and is located in the community of the via ventura - townhomes at 560 ne 206 ln, miami...
Casa Vera 2 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
 20
Casa Vera 2 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
$2,224
Miami, Florida - For Rent - Apartment - 1,193 sq.feet - 2 bedrooms - 2 bathrooms
Offering 1, 2, and 3-bedroom brand new apartment homes in the lush kendall miami neighborhood, casa vera offers a contemporary take on luxury living. Go...
Casa Vera 1 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
 20
Casa Vera 1 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
$1,658
Miami, Florida - For Rent - Apartment - 758 sq.feet - 1 bedroom - 1 bathroom
Offering 1, 2, and 3-bedroom brand new apartment homes in the lush kendall miami neighborhood, casa vera offers a contemporary take on luxury living. Go...
Casa Vera 1 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
 20
Casa Vera 1 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
$1,750
Miami, Florida - For Rent - Apartment - 869 sq.feet - 1 bedroom - 1 bathroom
Offering 1, 2, and 3-bedroom brand new apartment homes in the lush kendall miami neighborhood, casa vera offers a contemporary take on luxury living. Go...
Casa Vera 2 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
 20
Casa Vera 2 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
$2,001
Miami, Florida - For Rent - Apartment - 1,106 sq.feet - 2 bedrooms - 2 bathrooms
Offering 1, 2, and 3-bedroom brand new apartment homes in the lush kendall miami neighborhood, casa vera offers a contemporary take on luxury living. Go...
Casa Vera 2 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
 20
Casa Vera 2 Bedroom Apartment For Rent At 8881 Sw 172nd Ave, Miami, Fl 33196
$2,030
Miami, Florida - For Rent - Apartment - 1,098 sq.feet - 2 bedrooms - 2 bathrooms
Offering 1, 2, and 3-bedroom brand new apartment homes in the lush kendall miami neighborhood, casa vera offers a contemporary take on luxury living. Go...