South Miami, FL Rental Market Trends
The average rent for an apartment in South Miami is $1,982, a 1% increase compared to the previous year, when the average rent was $1,971.
Average Rent in South Miami, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,982||1%||868 sq. ft.|
The average size for a South Miami, FL apartment is 868 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.
South Miami, FL Apartment Rent Ranges
- > $2,00045%
South Miami, FL Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
1,620 or 36% of the households in South Miami, FL are renter-occupied while 2,775 or 63% are owner-occupied.
South Miami, FL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How South Miami Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the South Miami rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!