Miami Shores, FL Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Most affordable neighborhoods in Miami Shores?
Little Haiti $1,567/month
Palmetto Country Club Estates $1,611/month
Northeast Coconut Grove $1,632/month
All of these neighborhoods fall below the city wide average of /month.Most expensive neighborhoods in Miami Shores?
Midtown - Edgewater $3,353/month
Wynwood $3,447/month
Brickell $3,687/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Miami Shores, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brickell | $3,687 |
| Wynwood | $3,447 |
| Midtown - Edgewater | $3,353 |
| Downtown Miami | $3,232 |
| Silver Bluff | $3,219 |
| Sweetwater | $2,897 |
| Zanzuri - Dadeland North | $2,885 |
| Miami Media And Entertainment District | $2,884 |
| Palmetto - Kendal Heights | $2,727 |
| Upper East Side | $2,623 |
| Byrwood | $2,606 |
| The Roads | $2,576 |
| Little Havana | $2,576 |
| Kendall Commons | $2,549 |
| Overtown | $2,540 |
| Allapattah | $2,528 |
| Downtown Dadeland | $2,445 |
| Blue Lagoon Area | $2,422 |
| Southwest Coconut Grove | $2,392 |
| Wellington Point | $2,301 |
| Grapeland Heights | $2,168 |
| Flagami | $2,113 |
| Coral Park Estates | $2,107 |
| Tree Top | $2,055 |
| Olympic | $1,994 |
| Kendale Lakes Center | $1,930 |
| Northeast Coconut Grove | $1,632 |
| Palmetto Country Club Estates | $1,611 |
| Little Haiti | $1,567 |
Miami Shores | Rent Comparison by Neighborhood
Rent in Allapattah is 4% higher than in Blue Lagoon Area
How Miami Shores Compares to Other Cities
| City | Average Rent |
|---|---|
| Jacksonville | $1,497 |
| Miami | $2,734 |
| Tampa | $2,013 |
| Kissimmee | $1,809 |
| Orlando | $1,788 |
| Cape Coral | $1,689 |
| Fort Myers | $1,714 |
| Miami Beach | $3,403 |
| St. Petersburg | $2,018 |
| Port St. Lucie | $2,136 |
| Palmetto Bay | $2,618 |
| Miami Shores | n/a |
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 Miami Shores 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.