Wynwood, Miami, FL Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Wynwood is $3,447, a 3.7% increase compared to the previous year, when the average rent was $3,324.
Studio Apartments at $2,648 offer the most budget-friendly option with 507 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 704 square feet for $3,053, balancing privacy and affordability.
Two-beedroom units at $4,193 offer 1,027 square feet, perfect for roommates or small families.
Average rent in Wynwood, Miami, FL
Last updated: April 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,447 | 810 sq. ft. |
| Studio | $2,648 | 507 sq. ft. |
| 1 Bed | $3,053 | 704 sq. ft. |
| 2 Beds | $4,193 | 1,027 sq. ft. |
| 3 Beds | n/a | n/a |
Wynwood, Miami, FL rent trends
Rental prices in Wynwood, Miami, FL have increased by 3.7% over the past year. The average rent moved from $3,324 to $3,447.
What's the typical rent budget in Wynwood, Miami, FL?
The largest share of rentals in Wynwood, Miami, FL (66%) 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 Wynwood, Miami, FL?
1,683 or 75% of the households in Wynwood, Miami, FL are renter-occupied while 556 or 25% are owner-occupied.
Most affordable neighborhoods in Wynwood?
Little Haiti $1,567/month
Palmetto Country Club Estates $1,611/month
Northeast Coconut Grove $1,632/month
All of these neighborhoods fall below the city wide average of $2,734/month.Most expensive neighborhoods in Wynwood?
Midtown - Edgewater $3,353/month
Wynwood $3,447/month
Brickell $3,687/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Miami, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brickell | $3,687 |
| Wynwood | $3,447 |
| Midtown - Edgewater | $3,353 |
| Downtown Miami | $3,232 |
| Silver Bluff | $3,219 |
| Sweetwater | $2,897 |
| Zanzuri - Dadeland North | $2,885 |
| Miami Media And Entertainment District | $2,884 |
| Palmetto - Kendal Heights | $2,727 |
| Upper East Side | $2,623 |
| Byrwood | $2,606 |
| The Roads | $2,576 |
| Little Havana | $2,576 |
| Kendall Commons | $2,549 |
| Overtown | $2,540 |
| Allapattah | $2,528 |
| Downtown Dadeland | $2,445 |
| Blue Lagoon Area | $2,422 |
| Southwest Coconut Grove | $2,392 |
| Wellington Point | $2,301 |
| Grapeland Heights | $2,168 |
| Flagami | $2,113 |
| Coral Park Estates | $2,107 |
| Tree Top | $2,055 |
| Olympic | $1,994 |
| Kendale Lakes Center | $1,930 |
| Northeast Coconut Grove | $1,632 |
| Palmetto Country Club Estates | $1,611 |
| Little Haiti | $1,567 |
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Miami | Rent Comparison by Neighborhood
Rent in Wynwood is 36% higher than in Allapattah
$3,447
Wynwood rent is the same as Miami average
Average Rent
$3,447
$2,528
Allapattah rent is 27% lower than Miami average
Average Rent
$2,528
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 Wynwood 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.