Aleksandr Belov
Author and editor of the ultramodern-hotels.com blog
The average apartment rent in Miami, FL: September 2022
Miami (Florida) is in the TOP 10 most expensive cities in the US as of September 2022. Miami is also one of the leaders among US cities in terms of growth in rental prices on an annualized basis. Consider the average prices for renting apartments with one and two bedroom apartments in Miami as of September 2022. The average cost of renting a one-bedroom apartment in Miami is $2,520 per month. One-bedroom apartments have risen in price by 34.00% year-on-year, and two-bedroom apartments by 37.50%.
The cheapest Miami neighborhoods with the lowest rental prices for one-bedroom apartments include Liberty City ($1,375/month), Century Village West ($1,460/month) and Allapattah ($1,575/month).
The most expensive Miami neighborhoods for renting a one-bedroom apartment include Park West ($4,000/month), Brickell ($3,400/month) and Edgewater ($3,200/month).
Average rent for a 1-bedroom apartment in Miami, FL
Average 1-bedroom rent price (september 2022) = $2,520/per month
Month-over-Month Price Change Rent (M/M %)
0.8%
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
34%
Average rent for a 2-bedroom apartment in Miami, FL
Average 2-bedroom rent price (september 2022) = $3,410/per month
Month-over-Month Price Change Rent (M/M %)
3.3%
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
37.5%
Miami's Most Expensive Neighborhoods in September 2022
1. Park West
$4,000/month
2. Brickell
$3,400/month
3. Edgewater
$3,200/month
4. Media and Entertainment District
$3,000/month
4. Downtown Miami
$3,000/month
5. Wynwood
$2,940/month
The cheapest Miami neighborhoods in September 2022
1. Liberty City
$1,375/month
2. Village West
$1,460/month
3. Allapattah
$1,575/month
4. Little Haiti
$1,600/month
5. West Little Havana
$1,700/month
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