South Miami, FL Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in South Miami is $3,134, a 7.43% increase compared to the previous year, when the average rent was $2,917.
One-bedroom apartments provide 674 square feet for $2,366, balancing privacy and affordability.
Two-bedroom units at $3,404 offer 991 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,271 sq ft) for $4,577, suitable for larger households.
Average rent in South Miami, FL
Last updated: August 01, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,134 | 866 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,366 | 674 sq. ft. |
| 2 Beds | $3,404 | 991 sq. ft. |
| 3 Beds | $4,577 | 1,271 sq. ft. |
South Miami, FL rent trends
Rental prices in South Miami, FL have increased by 7.43% over the past year. The average rent moved from $2,917 to $3,134.
What's the typical rent budget in South Miami, FL?
The largest share of rentals in South Miami, 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 South Miami, FL?
1,871 or 40% of the households in South Miami, FL are renter-occupied while 2,833 or 60% are owner-occupied.
How South Miami Compares to Other Cities
| City | Average Rent |
|---|---|
| South Miami | $3,134 |
| Jacksonville | $1,517 |
| Miami | $2,770 |
| Tampa | $2,014 |
| Kissimmee | $1,855 |
| Orlando | $1,812 |
| Cape Coral | $1,715 |
| Fort Myers | $1,748 |
| West Palm Beach | $2,477 |
| St. Petersburg | $2,069 |
| Port St. Lucie | $2,130 |
| Miami Beach | $3,441 |
| Fort Lauderdale | $2,816 |
| Hollywood, FL | $2,380 |
| Hialeah, FL | $2,227 |
| Miami Gardens, FL | $2,008 |
| Doral, FL | $2,880 |
| Plantation, FL | $2,521 |
| Pembroke Pines, FL | $2,470 |
| Coral Gables, FL | $4,447 |
| North Miami Beach, FL | $2,632 |
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.