What is the average apartment size in Downtown Miami, Miami, FL?

The average size for a Downtown Miami, Miami, FL apartment is 845 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Downtown Miami?

As of Sep / 2025, the average rent in Downtown Miami is $3,220 per month, a 2.56% increase from last year’s average of $3,140.

How much does rent cost by apartment size in Downtown Miami?

In Downtown Miami, studios rent for $2,530 per month, one-bedroom units average $3,018 per month, two-bedrooms cost around $3,541 per month, and three-bedroom apartments rent for about $5,101 per month

What is the average apartment size in Downtown Miami?

The typical apartment in Downtown Miami offers about 845 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Downtown Miami?

Studio apartments in Downtown Miami average 526 sq. ft., one-bedrooms offer 766 sq. ft., two-bedrooms are about 1,015 sq. ft., and three-bedroom apartments average 1,444 sq. ft.

Downtown Miami, Miami, FL Rental Market Trends

Q: What's the typical rent budget in Downtown Miami?

The typical rent budget in Downtown Miami ranges from $3,000 to per month, with 54% of rentals in this range.

Q: Do most people rent or own in Downtown Miami?

In Downtown Miami, 81% of households rent while 19% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Miami is $3,220, a 2.56% increase compared to the previous year, when the average rent was $3,140.

Studio Apartments at $2,530 offer the most budget-friendly option with 526 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 766 square feet for $3,018, balancing privacy and affordability.

Two-beedroom units at $3,541 offer 1,015 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,444 sq ft) for $5,101, suitable for larger households.

Average rent in Downtown Miami, Miami, FL

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$3,220	845 sq. ft.
Studio	$2,530	526 sq. ft.
1 Bed	$3,018	766 sq. ft.
2 Beds	$3,541	1,015 sq. ft.
3 Beds	$5,101	1,444 sq. ft.

Downtown Miami, Miami, FL rent trends

Rental prices in Downtown Miami, Miami, FL have increased by 2.56% over the past year. The average rent moved from $3,140 to $3,220.

What's the typical rent budget in Downtown Miami, Miami, FL?

The largest share of rentals in Downtown Miami, Miami, FL (54%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Miami, Miami, FL?

5,232 or 81% of the households in Downtown Miami, Miami, FL are renter-occupied while 1,200 or 19% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Downtown Miami?

Northeast Coconut Grove $1,439/month

Palmetto Country Club Estates $1,543/month

Little Haiti $1,604/month

All of these neighborhoods fall below the city wide average of $2,698/month.

Most expensive neighborhoods in Downtown Miami?

Wynwood $3,350/month

Midtown - Edgewater $3,447/month

Brickell $3,608/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Miami, FL By Neighborhood

Neighborhood	Average Rent
Brickell	$3,608
Midtown - Edgewater	$3,447
Wynwood	$3,350
Silver Bluff	$3,237
Downtown Miami	$3,220
Zanzuri - Dadeland North	$2,879
North Bay Village	$2,878
Upper East Side	$2,776
Palmetto - Kendal Heights	$2,747
Sweetwater	$2,726
Miami Media And Entertainment District	$2,707
Kendall Commons	$2,606
Byrwood	$2,600
Allapattah	$2,567
Little Havana	$2,549
Overtown	$2,511
Downtown Dadeland	$2,415
The Roads	$2,378
Blue Lagoon Area	$2,348
Southwest Coconut Grove	$2,329
Wellington Point	$2,304
Wild Lime At The Hammocks	$2,193
Kings Meadow - Parkside Glen	$2,152
Grapeland Heights	$2,151
Olympic	$2,084
Flagami	$2,083
Coral Park Estates	$2,049
Tree Top	$2,000
Richardson Kellett - Coral Haven	$1,938
Miami Springs	$1,837
Kendale Lakes Center	$1,822
Little Haiti	$1,604
Palmetto Country Club Estates	$1,543
Northeast Coconut Grove	$1,439

Miami | Rent Comparison by Neighborhood

Rent in Downtown Miami is 25% higher than in Allapattah

$3,220

Downtown Miami rent is the same as Miami average

Average Rent $3,220

$2,567

Allapattah rent is 20% lower than Miami average

Average Rent $2,567

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Miami apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.