Rental prices for apartments in Miami’s best neighborhoods as of January 2023

Greater Miami includes a large metropolitan area, consisting of many districts and suburbs. Most of Miami’s neighborhoods offer a developed infrastructure with everything you need for a comfortable life. The neighborhoods of Miami are quite different and contrasting – tourist, beach, poor, business, respectable. All of them differ in living conditions, different rental prices, landscapes, living culture and ethnic diversity. Many US residents dream of moving to Miami, as this city attracts with its mild tropical climate, vibrant nightlife and magnificent beaches. There are many areas with diverse architecture, interesting museums, art exhibitions, where you can get to know the customs and culture of different peoples.

How much is living in Miami worth in 2023? To do this, we recommend that you familiarize yourself with the average prices for renting apartments with one and two bedrooms in the best neighborhoods of Miami. In this list, we have included a variety of areas that offer a fairly developed infrastructure. The median rental price for a one-bedroom apartment in Miami is $2,670 per month as of January 2023. Two-bedroom apartments can be rented on average for $3,450 per month.

Rental prices for apartments in Miami’s best neighborhoods as of January 2023

List of the Best Miami Neighborhoods	The average monthly rent for a one-bedroom apartment	The average monthly rent for a two-bedroom apartment
Aventura	$2,450	$3,900
Coconut Grove	$2,150	$4,575
Coral Gables	$2,800	$4,120
Key Biscayne	$3,400	$6,500
Little Havana	$1,800	$2,200
North Beach	$1,500	$2,500
Pinecrest	$1,900	$2,650
South Beach	$2,525	$4,000
Wynwood	$3,000	$4,080