Apartments in Shorecrest Miami

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11

$3,390

1575 N Treasure Dr Unit 2

North Bay Village, FL

2 BR | Available Now

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16

$2,470 - 6,695

Biscayne Shores

11295 Biscayne Blvd Miami, FL

Studio - 3 BR | Available Now

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Fitness Center

$600 - 645

6901 NW 4Th Ct

Miami, FL

1 BR | Ask for Availability

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0

$5,700

118 NE 116th St

Miami, DE

3 BR | Available Now

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$2,600

56 NW 60th St Front

Miami, FL

3 BR | Available Now

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$3,500

124 NE 118th St

Miami, FL

3 BR | Available Now

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10

Call for Pricing

6238 NW 4Th Ave

Miami, FL

3 BR | Nov. 25, 2024

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6

$2,150

San Souci Apartments By Colonial Sunset Inc

11605-07 Canal Dr North Miami, FL

2 BR | Available Now

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San Souci Estates

3

$2,195

San Souci Apartments 2B For Rent Now (north Miami 33181) Special Offer- Rent Today For Only $1925

11625-11627 Canal Dr North Miami, FL

2 BR | Dec. 11, 2024

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3

$2,115

2B Apartment -now Available- Located In San Souci/ North Miami *great Location*

11625-11627 Canal Dr North Miami, FL

2 BR | Available Now

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3

$1,725

1B For Rent Great Location

11625-11627 Canal Dr North Miami, FL

1 BR | Dec. 1, 2024

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5

$1,500

6415 NW 6th Ave Unit 11

Miami, FL

1 BR | Available Now

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8

$4,200

800 NW 67th St

Miami, FL

4 BR | Ask for Availability

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0

$4,400

836 Nw 63rd Street 836, Miami, Fl 33150

836 NW 63rd St Miami, FL

4 BR | Available Now

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2

$2,450

811 NW 58 St

Miami, FL

2 BR | Available Now

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Miami:
November Rent Report

Welcome to the November 2024 Miami Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Miami rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Miami and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Miami average rent prices in the chart below.

Monthly Rent Report

$3,200

$2,400

$1,600

$800

$0

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Miami Rent Prices Decrease From October to November

Miami rent prices decreased over the last month. From October to November, the city experienced a -0.4% decrease for the price of a one-bedroom apartment. The rent price for a Miami one-bedroom apartments currently stands at $2,471.0.

When we take a look at the two-bedroom comparison from October to November, Miami experienced a 0.18% increase for the price of a two-bedroom apartment. The rent price for a Miami two-bedroom apartments currently stands at $2,764.0.

November Prices: Miami vs. Surrounding Areas

Fort Lauderdale, FL

Dania Beach, FL

Miami, FL

Hollywood, FL

Miramar, FL

Hialeah, FL

Doral, FL

Plantation, FL

$3,017

$2,649

$2,481

$2,479

$2,462

$2,312

$1,944

$1,879

$0

$1,000

$2,000

$3,000

$4,000

Median 1 BR Rent

Rent Prices in Miami and Surrounding Areas

Rent prices have decreased in Miami over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Miami suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Fort Lauderdale, FL, Hollywood, FL, Miramar, FL, Doral, FL, Dania Beach, FL .
Rent decreased in Plantation, FL, Hialeah, FL.
3 suburbs are currently priced higher than the city of Miami.
4 suburbs are currently priced lower than the city of Miami.

November 2024 Pricing Trends: Miami vs. National Comparisons

New York, NY

San Francisco, CA

Miami, FL

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,481

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$0

$1,400

$2,800

$4,200

$5,600

Median Rent

Miami Rent Prices More Affordable Than Major Cities

Rent growth in Miami over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Miami average rent prices appear to be relatively affordable for local residents.

The price for a Miami one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Miami and surrounding area rent prices, take a look at the complete data set below.

Data set for Miami and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Miami, FL	$2,481.0	1.68%	$2,759.0	0.66%
Fort Lauderdale, FL	$3,017.0	1.28%	$4,043.0	0.35%
Hollywood, FL	$2,479.0	0.65%	$3,145.0	0.64%
Plantation, FL	$1,879.0	-0.79%	$2,267.0	-0.04%
Miramar, FL	$2,462.0	0.82%	$3,060.0	-0.13%
Doral, FL	$1,944.0	0.26%	$2,439.0	0.12%
Hialeah, FL	$2,312.0	-0.30%	$2,681.0	0.68%
Dania Beach, FL	$2,649.0	2.95%	$2,973.0	-1.78%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.