South Miami Heights, FL Rental Market Trends
Highlights
The average rent for an apartment in South Miami Heights is $1,373, a 5% increase compared to the previous year, when the average rent was $1,303.
Average Rent in South Miami Heights, FL
Last updated October 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,373 | 5% | 903 sq. ft. |
The average size for a South Miami Heights, FL apartment is 903 square feet, but this number varies greatly depending on apartment type. 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.
South Miami Heights, FL Apartment Rent Ranges
- $701-$1,0007%
- $1,001-$1,50056%
- $1,501-$2,00027%
- > $2,00010%
South Miami Heights, FL Occupied Housing Units
- Renter-occupied Households20%
- Owner-occupied Households79%
2,219 or 20% of the households in South Miami Heights, FL are renter-occupied while 8,351 or 79% are owner-occupied.
South Miami Heights, FL Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Oct / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| South Miami Heights, FL | $1,223 | $1,246 | $1,262 | $1,296 | $1,297 | $1,303 | $1,303 | $1,345 | $1,315 | $1,373 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does South Miami Heights Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Miami | $1,705 | 3% |
| Homestead | $1,277 | 7% |
| Hialeah | $1,374 | 2% |
| Doral | $1,841 | 2% |
| Miami Lakes | $1,473 | 4% |
| Miami Beach | $2,017 | n/a |
| North Miami Beach | $1,692 | 4% |
| Miami Gardens | $1,411 | 6% |
| Princeton | $1,328 | 7% |
| Cutler Bay | $1,075 | 3% |
| South Miami Heights | $1,373 | 5% |
For more information about the South Miami Heights rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all South Miami Heights apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.