South Miami, FL Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in South Miami is $2,933, a 16.17% increase compared to the previous year, when the average rent was $2,525.
Studio Apartments at $1,962 offer the most budget-friendly option with 506 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 661 square feet for $2,306, balancing privacy and affordability.
Two-beedroom units at $3,031 offer 955 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,284 sq ft) for $5,153, suitable for larger households.
Average rent in South Miami, FL
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,933 | 833 sq. ft. |
| Studio | $1,962 | 506 sq. ft. |
| 1 Bed | $2,306 | 661 sq. ft. |
| 2 Beds | $3,031 | 955 sq. ft. |
| 3 Beds | $5,153 | 1,284 sq. ft. |
South Miami, FL rent trends
Rental prices in South Miami, FL have increased by 16.17% over the past year. The average rent moved from $2,525 to $2,933.
What's the typical rent budget in South Miami, FL?
The largest share of rentals in South Miami, FL (37%) 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 South Miami, FL?
1,918 or 41% of the households in South Miami, FL are renter-occupied while 2,810 or 59% are owner-occupied.
How South Miami Compares to Other Cities
| City | Average Rent |
|---|---|
| South Miami | $2,933 |
| Miami | $2,721 |
| Jacksonville | $1,495 |
| Tampa | $2,009 |
| Kissimmee | $1,821 |
| Fort Myers | $1,758 |
| Orlando | $1,802 |
| Cape Coral | $1,705 |
| Fort Lauderdale | $2,727 |
| St. Petersburg | $2,028 |
| West Palm Beach | $2,407 |
| Miami Beach | $3,305 |
| Hialeah | $2,197 |
| Hollywood | $2,195 |
| Doral, FL | $2,839 |
| Miami Gardens, FL | $1,969 |
| North Miami Beach, FL | $2,561 |
| Coral Gables, FL | $4,073 |
| North Miami, FL | $2,376 |
| Plantation, FL | $2,502 |
| Miramar, FL | $2,591 |
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 South 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.