Homes & Apartments for Rent in Miami, FL 33187

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What to Know About

Living in 33187

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 October 2026, Miami's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Miami's average rent is 62.5% ($1,342) higher than the Florida average of $2,146 and 91.8% ($1,669) higher than the U.S. average of $1,819.

Average Rent
$3,488
Monthly ChangeMonth Over Month Change
Decreased1.8% ($63)
Yearly ChangeYear Over Year Change
Increased22.2% ($634)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,561 Decreased2.5% ($66) Increased8.7% ($206)
2 Beds $3,406 Decreased2.8% ($97) Increased15.7% ($461)
3 Beds $4,520 Decreased0.6% ($27) Increased24.5% ($890)
Nearby Cities Average Rent Avg. Rent vs. MiamiAverage Rent vs. Miami Avg. Days on MarketAverage Days on Market
Hialeah $2,829 Decreased18.9% ($659) 31 days
Key Biscayne $11,144 Increased219.5% ($7656) 28 days
Miami Beach $5,168 Increased48.2% ($1680) 29 days
Opa Locka $2,791 Decreased20% ($697) 33 days
Miami Gardens $2,624 Decreased24.8% ($864) 29 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 $3,488 per month.
Homes in Miami typically rent for between $1,793 and $5,876 per month, with an average of $3,488 per month.
In Miami, the average rent for a 1-bedroom home is $2,561 per month, for a 2-bedroom home, $3,406 per month, and a 3-bedroom home is $4,520 per month.
The average rent in Miami is 91.8% ($1,669) higher than the national average of $1,819 per month.
The average rent in Miami has decreased by 1.8% ($63) in the last month and increased by 22.2% ($634) 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 26 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 2,526 rental properties available in Miami, FL.
Based on the current averages, a household would need an annual income of $136,240 to comfortably afford a 2-bedroom home in Miami.
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