Aleksandr Belov
Author and editor of the ultramodern-hotels.com blog
Miami is the most expensive city in Florida: rental prices in July 2022
Consider the prices for renting studios and apartments in Miami, Florida. Miami remains the most expensive city in Florida in July 2022. The average cost to rent a 1-bedroom apartment is $2,400 per month. One-bedroom apartment rentals in Miami are up 25.00% year-on-year (July 2021 to July 2022). Miami ranks fourth on the list of the most expensive cities in the US by rental cost in July 2022. You can rent a studio for an average of $1,900 per month. Two-bedroom apartment rentals average $3,290 per month (+26.10% year-on-year).
The most expensive Miami neighborhoods to live in include Park West ($4,000/month, 1-bedroom apartment), Brickell ($3,400/month), and Edgewater ($3,200/month). The cheapest Miami neighborhoods to live in include Villages of Oriole ($1,000/month), Cresthaven ($1,100/month), and Lakes of Delray ($1,150/month).
Average rent for a 1-bedroom apartment in Miami, FL
Average 1 bedroom rent price (July 2022) = $2,400/per month
Month-over-Month Price Change Rent (M/M %)
-5.9%
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
25%
Average rent for a 2-bedroom apartment in Miami, FL
Average 2 bedroom rent price (July 2022) = $3,290/per month
Month-over-Month Price Change Rent (M/M %)
-6%
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
26.1%
Most Expensive Neighborhoods in Miami, July 2022
1. Park West (1 bedroom)
$4,000/month
2. Brickell (1 bedroom)
$3,400/month
3. Edgewater (1 bedroom)
$3,200/month
Most Cheapest Neighborhoods in Miami, July 2022
1. Villages of Oriole (1 bedroom)
$1,000/month
2. Cresthaven (1 bedroom)
$1,100/month
3. Lakes of Delray (1 bedroom)
$1,150/month
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