Rental market trends for
Miami, FL
The average rent price in Miami was $3,025 last month, down $38 month over month.
Median rent
$3,025
Month-over-month change
−$38
Average rent in Miami
In August 2025, Miami rental prices decreased $38 compared to last month.
$3,025
-1.24% month over month
Median rent of neighborhoods in Miami
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| Coconut Grove | $3,500 | -26.32% |
| Brickell | $3,900 | -4.88% |
| Edgewater | $4,100 | +3.80% |
| Lower West Side | $1,800 | +0.56% |
| Downtown Miami | $3,800 | -5.00% |
| Wynwood | $3,799 | +5.53% |
| Downtown | $3,500 | -5.41% |
| Midtown Miami | $4,000 | +4.78% |
| Little Havana | $2,100 | -2.33% |
| Morningside | $12,500 | +0.00% |
| The Roads | $3,000 | -14.29% |
| Venetian Islands | $7,750 | +10.71% |
| Upper Eastside | $2,387 | -4.50% |
| Allapattah | $2,375 | -1.04% |
| Coral Way | $3,129 | -5.92% |
Last updated: 09/24/2025
Average rent of nearby cities
Here's how Miami's average rent of $3,025 compares to nearby cities.
Last updated: 09/24/2025
More resources for Miami
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