Apartments in West Miami

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0
$1,650
4351 NW 9 St Miami, FL
1 BR | Available Now
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6
$4,900
Miami, FL
3 BR | Available Now
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House
1
$7,500
Miami, FL
6 BR | Available Now
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Cat Friendly
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Dishwasher
Ludlam
10
$6,500
Coral Gables, FL
4 BR | Available Now
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House
31
$7,150
Miami, FL
4 BR | Jan. 1, 2025
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Cat Friendly
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49
$11,500
Oral Gables, FL
4 BR | Available Now
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Cat Friendly
House
$5,750
4351 SW 14th St Miami, FL
3 BR | Available Now
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Cat Friendly
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9
$2,257 - 2,788
6880 SW 44Th St Miami, FL
1 - 2 BR | Available Now
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Townhome
Ludlam
18
$5,000
Miami, FL
3 BR | Available Now
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House
1
$5,000
3101 SW 80th Ave #0 Miami, FL
3 BR | Available Now
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1
$2,650
Coral Gables, FL
1 BR | Available Now
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Air Conditioning
Storage
1
$3,500
3340 SW 79th Ave Miami, FL
3 BR | Available Now
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Dishwasher
0
$3,500
4521 NW 4th St Miami, FL
3 BR | Available Now
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Dishwasher
23
3D Tour
$2,403 - 2,946
7707 NW 7Th St Miami, FL
1 - 2 BR | Available Now
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Cat Friendly
Virtual Tour
Luxury
Covered Parking
9
$1,950
Miami, FL
1 BR | Available Now
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House
1
$1,650
741 NW 45 Ave Miami, FL
1 BR | Jan. 1, 2025
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Dog Friendly
Cat Friendly
0
$1,650
741 NW 45 Ave Miami, FL
1 BR | Available Now
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Cat Friendly
0
$1,650
741 NW 45 Ave Miami, FL
1 BR | Available Now
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Cat Friendly
1
$6,000
4301 NW 4th St Miami, FL
4 BR | Available Now
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Cat Friendly
House
0
$3,800
4245 NW 5th St Miami, FL
3 BR | Available Now
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Dishwasher
1
$1,650
4351 NW 9 St Miami, FL
1 BR | Jan. 1, 2025
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1
$1,650
4351 NW 9 St Miami, FL
1 BR | Jan. 1, 2025
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14
$1,650
Miami, FL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$2,000
4350 NW 10 St Miami, FL
2 BR | Dec. 31, 2024
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11
$2,600
Miami, FL
2 BR | Available Now
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Miami:
December Rent Report

Welcome to the December 2024 Miami Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Miami Rent Prices Decrease From November to December

Miami rent prices decreased over the last month. From November to December, the city experienced a -3.16% decrease for the price of a one-bedroom apartment. The rent price for a Miami one-bedroom apartments currently stands at $2,393.0.

When we take a look at the two-bedroom comparison from November to December, Miami experienced a -0.29% decrease for the price of a two-bedroom apartment. The rent price for a Miami two-bedroom apartments currently stands at $2,756.0.

December Prices: Miami vs. Surrounding Areas

Fort Lauderdale, FL
Dania Beach, FL
Miramar, FL
Hollywood, FL
Miami, FL
Hialeah, FL
Doral, FL
Plantation, FL
$2,974
$2,682
$2,492
$2,485
$2,471
$2,308
$1,952
$1,877
$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 4 of the Miami suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Hollywood, FL, Miramar, FL, Doral, FL, Dania Beach, FL .

  • Rent decreased in Fort Lauderdale, FL, Plantation, FL, Hialeah, FL.

  • 4 suburbs are currently priced higher than the city of Miami.

  • 3 suburbs are currently priced lower than the city of Miami.

December 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
$4,134
$3,160
$2,471
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Miami, FL $2,471.0 -0.40% $2,764.0 0.18%
Fort Lauderdale, FL $2,974.0 -1.43% $3,926.0 -2.89%
Hollywood, FL $2,485.0 0.24% $3,231.0 2.73%
Plantation, FL $1,877.0 -0.11% $2,276.0 0.40%
Miramar, FL $2,492.0 1.22% $3,066.0 0.20%
Doral, FL $1,952.0 0.41% $2,450.0 0.45%
Hialeah, FL $2,308.0 -0.17% $2,689.0 0.30%
Dania Beach, FL $2,682.0 1.25% $2,964.0 -0.30%

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.