Miami ranks third on the list of the most expensive cities in the US in terms of the average cost of renting a 1 and 2-bedroom apartment in June 2022. From June 2021 to June 2022, rental prices for one-bedroom apartments in Miami increased by 37.80%. Two-bedroom apartments have risen in price by 37.30% over the past year. The city of Fort Lauderdale (Average $2,060 for a 1-bedroom apartment) ranked second in the cost of rent in the state of Florida. Also included in the list of the most expensive cities in Florida – Tampa, Orlando and St Petersburg. The rating was updated in June 2022.