Houses & Townhomes for Rent in Miami, FL

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What to Know About

Living in Miami, FL

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 April 2025, Miami's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Miami's average rent is 34.9% ($761) higher than the Florida average of $2,181 and 63.5% ($1,143) higher than the U.S. average of $1,799.

Average Rent
$2,942
Monthly ChangeMonth Over Month Change
Decreased1.3% ($40)
Yearly ChangeYear Over Year Change
Decreased0.1% ($2)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,357 Decreased0.2% ($5) Decreased2.5% ($61)
2 Beds $3,017 No change Decreased2.1% ($65)
3 Beds $3,848 Decreased1.1% ($41) Increased2.2% ($81)
Nearby Cities Average Rent Avg. Rent vs. MiamiAverage Rent vs. Miami Avg. Days on MarketAverage Days on Market
Key Biscayne $5,392 Increased83.3% ($2450) 28 days
Miami Beach $3,769 Increased28.1% ($827) 34 days
Hialeah $2,658 Decreased9.7% ($284) 29 days
Opa Locka $1,973 Decreased32.9% ($969) 29 days
Miami Gardens $2,978 Increased1.2% ($36) 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 $2,942 per month.
Houses in Miami typically rent for between $1,650 and $5,002 per month, with an average of $2,942 per month.
In Miami, the average rent for a 1-bedroom house is $2,357 per month, for a 2-bedroom house, $3,017 per month, and a 3-bedroom house is $3,848 per month.
The average rent in Miami is 63.5% ($1,143) higher than the national average of $1,799 per month.
The average rent in Miami has decreased by 1.3% ($40) in the last month and decreased by 0.1% ($2) 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 is currently 1,589 rental property available in Miami, FL.
Based on the current averages, a household would need an annual income of $120,680 to comfortably afford a 2-bedroom house in Miami.
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