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Prices and availability in Miami, FL were last updated on 4 Nov 2026.
The best apartments in Miami, FL are: Altis Grand Kendall, Altis Kendall Square, Little River Center Lofts, Altis Little Havana Apartments and Legacy Lakeside.
The average rent in Miami, FL is $2,645.
The price range for a studio apartment in Miami, FL is between $900 and $6,993.
The price range for a 1-bedroom apartment in Miami, FL is between $746 and $9,416.
The price range for a 2-bedroom apartment in Miami, FL is between $826 and $15,000.
The price range for a 3-bedroom apartment in Miami, FL is between $766 and $405,000.
In Miami, 69% of the residents are renting compared to 31% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 40% of Miami's rentals, 49% are small-scale complexes with under 50 units, and 10% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Miami are about 22 years old, on average. Of these, 66% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 12 stories. About 43% of the rental communities here are low-rise, garden-style communities, 36% are mid-rises, and 39% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Miami are around 6% of rentals, while 1-bedroom floor plans represent 48% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 38% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
