Miami Shores, FL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Miami Shores is $3,064, a 3.62% decrease compared to the previous year, when the average rent was $3,179.
Studio Apartments at $2,453 offer the most budget-friendly option with 587 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 758 square feet for $2,609, balancing privacy and affordability.
Two-beedroom units at $3,425 offer 1,070 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,376 sq ft) for $3,815, suitable for larger households.
Average rent in Miami Shores, FL
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,064 | 935 sq. ft. |
| Studio | $2,453 | 587 sq. ft. |
| 1 Bed | $2,609 | 758 sq. ft. |
| 2 Beds | $3,425 | 1,070 sq. ft. |
| 3 Beds | $3,815 | 1,376 sq. ft. |
Miami Shores, FL rent trends
Rental prices in Miami Shores, FL have decreased by 3.62% over the past year. The average rent moved from $3,179 to $3,064.
What's the typical rent budget in Miami Shores, FL?
The largest share of rentals in Miami Shores, FL (47%) 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 Miami Shores, FL?
486 or 13% of the households in Miami Shores, FL are renter-occupied while 3,167 or 87% are owner-occupied.
Most affordable neighborhoods in Miami Shores?
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 $3,064/month.Most expensive neighborhoods in Miami Shores?
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 Shores, 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 |
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Miami Shores | Rent Comparison by Neighborhood
Rent in Allapattah is 9% higher than in Blue Lagoon Area
$2,567
Allapattah rent is 16% lower than Miami Shores average
Average Rent
$2,567
$2,348
Blue Lagoon Area rent is 23% lower than Miami Shores average
Average Rent
$2,348
How Miami Shores Compares to Other Cities
| City | Average Rent |
|---|---|
| Miami Shores | $3,064 |
| Miami | $2,698 |
| Jacksonville | $1,505 |
| Tampa | $2,003 |
| Orlando | $1,822 |
| Fort Myers | $1,791 |
| Cape Coral | $1,758 |
| West Palm Beach | $2,365 |
| Fort Lauderdale | $2,721 |
| St. Petersburg | $2,040 |
| Kissimmee | $1,823 |
| Palmetto Bay | $2,618 |
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.