Rentable.co has 5 apartments available for rent in 33185.
The average rent for an apartment in 33185 is around $3,800 per month.
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.
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.
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.
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.
| 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% |
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.