Homes & Apartments for Rent in 33162

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What to Know About

Living in 33162

Miami is a city that offers a unique blend of tropical beauty and urban excitement, from its pristine beaches to vibrant nightlife, making it an iconic city that never sleeps. With an eclectic mix of museums, art galleries, and historical landmarks, it offers abundant cultural and intellectual opportunities. Miami also boasts some of the most picturesque beaches in the world, including South Beach, Haulover Beach, and Miami Beach, perfect for swimming, sunbathing, and water sports. In addition, Miami's lush tropical landscapes, including the Everglades National Park and Biscayne National Park, are a must-visit for nature lovers.

Sports lovers will enjoy the city's love for competition, home to some of the most exciting professional sports teams, including the Miami Dolphins (NFL), Miami Marlins (MLB), Florida Panthers (NHL), and the Miami Heat (NBA). And with world-class events like the Miami Open tennis tournament, the South Beach Wine & Food Festival, and the Art Basel Miami Beach art show, Miami has something for everyone.

Whether you're seeking a tropical paradise, a cosmopolitan atmosphere, or a place to call home, Miami is the perfect destination, where the sun, sand, and urban excitement come together to create a magical experience.

Rental Market Trends

Miami, FL

As of July 2026, Miami's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Miami's average rent is 71.2% ($1,504) higher than the Florida average of $2,113 and 101.8% ($1,825) higher than the U.S. average of $1,792.

Average Rent
$3,617
Monthly ChangeMonth Over Month Change
Increased0.2% ($6)
Yearly ChangeYear Over Year Change
Increased26.2% ($751)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,602 Increased1.4% ($37) Increased10.2% ($240)
2 Beds $3,576 Decreased0.4% ($14) Increased18.7% ($564)
3 Beds $4,779 Increased1.9% ($91) Increased28.4% ($1057)
Nearby Cities Average Rent Avg. Rent vs. MiamiAverage Rent vs. Miami Avg. Days on MarketAverage Days on Market
Key Biscayne $7,322 Increased102.4% ($3705) 28 days
Miami Beach $5,410 Increased49.6% ($1793) 34 days
Hialeah $2,828 Decreased21.8% ($789) 29 days
Opa Locka $2,776 Decreased23.3% ($841) 29 days
Miami Gardens $2,790 Decreased22.9% ($827) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Miami Rental Market FAQs

Explore rental prices, market trends, and availability in Miami, FL.

The average rent in Miami, FL is $3,617 per month.
Homes in Miami typically rent for between $1,821 and $6,213 per month, with an average of $3,617 per month.
In Miami, the average rent for a 1-bedroom home is $2,602 per month, for a 2-bedroom home, $3,576 per month, and a 3-bedroom home is $4,779 per month.
The average rent in Miami is 101.8% ($1,825) higher than the national average of $1,792 per month.
The average rent in Miami has increased by 0.2% ($6) in the last month and increased by 26.2% ($751) over the past year.
The rental market in Miami, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Miami, FL, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2,061 rental properties available in Miami, FL.
Based on the current averages, a household would need an annual income of $143,040 to comfortably afford a 2-bedroom home in Miami.
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