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Homes & Apartments for Rent in Miami, FL 33173

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What to Know About

Living in 33173

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

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As of November 2026, Miami's rental market is competitive, with rentals spending about 25 days on the market, faster than in Florida (30), and rents up 5.6% over the past year. Miami's average rent is 31.6% ($816) higher than the Florida average of $2,584 and 67.0% ($1,364) higher than the U.S. average of $2,036.

Average Rent
$3,400
Monthly ChangeMonth Over Month Change
Increased0.21% ($7)
Yearly ChangeYear Over Year Change
Increased5.6% ($182)
Days on Market
25
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,611 Increased0.16% ($4) Increased5.3% ($132)
2 Beds $3,526 Increased0.37% ($13) Increased4.7% ($159)
3 Beds $4,682 Increased0.04% ($2) Increased7.9% ($342)
Nearby Cities Average Rent Avg. Rent vs. MiamiAverage Rent vs. Miami Days on Market
Coral Gables $4,611 Increased35.6% ($1,211) 29 days
Hialeah $2,667 Decreased21.6% ($733) 31 days
Miami Beach $4,016 Increased18.1% ($616) 23 days
Key Biscayne $9,503 Increased179.5% ($6,103) 29 days
Margate $2,374 Decreased30.2% ($1,026) 32 days
Based on rentals advertised on RentalSource in and around Miami.
Frequently Asked Questions
Miami Rental Market FAQs

Explore rental prices, market conditions, and affordability in Miami, FL.

The average rent in Miami, FL is $3,400 per month.
In Miami, the average rent is $2,611 per month for a 1-bedroom home, $3,526 for a 2-bedroom home and $4,682 for a 3-bedroom home.
The average rent in Miami is 67% ($1,364) higher than the national average of $2,036 per month.
The rental market in Miami, FL is currently competitive, with rentals spending about 25 days on the market, faster than in Florida (30), and rents up 5.6% over the past year.
Based on the current averages, a household would need an annual income of $141,000 to comfortably afford a 2-bedroom home in Miami.
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