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1 Bedroom Apartments for Rent in Miami, FL - 254 Rentals available

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Miami’s average rent reached $1,708 in January

Miami’s average rent reached $1,708 in January, after a 0.1% decrease since last year. A major U.S. business hub and a renter-majority city (67%), Miami is a desirable place to live and work in, with apartment prices above the national average of $1,392. [View Full Report]

Miami apartment rent report

Miami’s average rent was $1,708 in January

Miami’s average rent reached $1,708 in January, after a 0.1% decrease since last year. A major U.S. business hub and a renter-majority city (67%), Miami is a desirable place to live and work in, with apartment prices above the national average of $1,392.

This January, the average rent for an apartment in Miami decreased compared to other surrounding cities, such as Fort Lauderdale, where rents reached $2,010 after a 0.6% increase. Apartment rents in West Palm Beach went up by 4.7% compared to last year, reaching $1,549.

Miami apartment rent report

What it costs to rent in the largest renter hubs in the Miami area

A renter-majority city itself, Miami is surrounded by other cities popular among renters. The city with the largest renter share after Miami is Miami Beach, where renters make up 62% of the city’s population. Miami Beach apartments go for $1,984 on average, which is 0.7% more than last year. After a 2.8% increase, renting in Homestead (60%) averages on $1,320 a month. The average rent in Lake Worth, also with 60% renters, is $1,520 following an increase of 3.8%, while apartments in North Miami (54%) go for around $1,430 per month after a 3.5% increase compared to last January.

The priciest and cheapest cities for renters in the Miami area

Even after a 3.3% decrease, Coral Gables remains the priciest city for renters in the Miami area, with apartments going for $2,544 per month. Weston is the second most expensive with an average rate of $2,127, while Boca Raton's $2,083 average puts it in third place.

Homestead rentals are the most budget-friendly in the Miami area, with an average price of $1,320. For renters in search of more affordable options, next up are Lauderhill rentals, going for $1,338 per month. Lauderdale Lakes apartments are the third least pricey, with a $1,362 monthly average as of January.

Miami apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for 1 bedroom apartments near me

Looking for that perfect apartment that's just the right size for you and maybe you and someone else? You can now look at 1 bedroom apartment listings on RENTCafé in your area to find the one that meets your needs in terms of price and location. Whether you are looking for a 1 bedroom apartment near you, or anywhere in the U.S., we can help you find a home you'll love. Filter apartments by type, size, price, and amenities, check property reviews, and save your favorites.

Search for 1 bedroom apartments near you, whether it's in your neighborhood, or ZIP code, or any city in any state you plan to move to in the U.S. Somewhere out there is the perfect apartment for you. Let us help you find your next home!

Frequently Asked Questions

What is the price of a 1 bedroom apartment in Miami, FL?

The price range of a 1 bedroom apartment is between $875 and $3,192. Search 1 bedroom apartments in Miami, FL.

How many 1 bedroom apartments for rent are available in Miami, FL on RENTCafé?

There are 220 1 bedroom rentals available on RENTCafé. Prices and availability in Miami, FL were last updated on 1 Mar 2021.

What is the average size of a 1 bedroom apartment in Miami, FL?

The average Miami, FL 1 bedroom apartment size is 618 sq. ft.

What are the advantages of renting a 1 bedroom apartment in Miami, FL?

Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.

What are the downsides of renting a 1 bedroom apartment in Miami, FL?

1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs. You might be interested in studio apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Miami, FL.

Miami, FL Demographics

  • Total Population451,214
  • Female 222,273
    Male 228,941
  • Median Age40.2

Average Rent in Miami, FL

  • Miami, FL Average Rental Price, December 2020 $1,697 /mo

    Miami, FL Apartment Rent Ranges

    • $701-$1,0005%
    • $1,001-$1,50032%
    • $1,501-$2,00043%
    • > $2,00020%

    Miami, FL Rent Trends

    Average Rent Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Dec / 2020
    Miami, FL $1,575 $1,604 $1,619 $1,662 $1,666 $1,685 $1,729 $1,703 $1,697 $1,687 $1,697
    National $1,373 $1,378 $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
    /

    Check out the average rent prices in Miami by neighborhood.

    Miami, FL Households

    • Total Number of Households171,036
    • Family 93,120
      Non-family 77,916
    • Children 41,354
      No Children 129,682
    • Average People Per Household2.58
    • Median Household Income$36,638
    • Median Housing Costs Per Month$1,141

    Miami, FL Education Statistics

    • No High School12%
    • Some High School38%
    • Some College17%
    • Associate Degree7%
    • Bachelor Degree16%
    • Graduate Degree10%

    Renting a 1 bedroom apartment in Miami, FL

    With a monthly rent as low as $1,050 and up to $2,820, 68 one bedroom apartments are available to rent in Miami, FL. The average size for this type of apartment is 940 Sq.Ft., which is perfect for both singles and couples. For maximum efficiency in finding your future home, you should decide on the must-haves. Are you looking for an apartment in need of some TLC or are you interested in a one bedroom furnished apartment ready to move in? Do you want to go for a luxury extra large studio or do you prefer cheap one bedroom apartments? Regardless of your answer, we have you covered. Feel free to use our filters, sorting, saved searches and all the options created to help you manage your search and find your next apartment as soon as possible.

    3-in-1 one bedroom apartment: cheap, practical, enjoyable

    Since you’re here, chances are you are interested in single bedroom apartments for rent that won’t leave you broke. If you were to describe your definition of a great deal, we assume you’d summarize it as such: spend as little money as possible and get the most apartment out of it. We’re with you on this one! Affordable 1 bedroom apartments are not out of your reach: the lowest asking rent for such an apartment in Miami, FL is $1,050. Yup, you’ve read that right. One bedroom apartments overtake studios in terms of square footage and they offer just enough space to fulfill your earnest need for privacy, for just a few extra dollars per month. If you prefer something smaller, one bedroom efficiency apartments are even cheaper and equally convenient. It is important that you find pleasure in your living space, so don’t focus just on the price, rather pick the apartment that measures up to your expectations and satisfies your aesthetic taste.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!