Average Rent in Miami, FL (2026)

Typical asking rent in Miami is $2,773. Across the 30 ZIP codes with data it runs from $2,051 to $3,815, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$2,773
Average rent
$2,917
Lowest ZIP
$2,051
Highest ZIP
$3,815

Rent by ZIP code in Miami

ZIP codeCountyTypical rentvs city median
33131Miami-Dade County$3,815+38%
33133Miami-Dade County$3,793+37%
33187Miami-Dade County$3,674+32%
33129Miami-Dade County$3,599+30%
33137Miami-Dade County$3,560+28%
33185Miami-Dade County$3,519+27%
33132Miami-Dade County$3,468+25%
33182Miami-Dade County$3,347+21%
33130Miami-Dade County$3,262+18%
33175Miami-Dade County$3,232+17%
33165Miami-Dade County$3,219+16%
33184Miami-Dade County$3,033+9%
33145Miami-Dade County$3,018+9%
33127Miami-Dade County$2,975+7%
33177Miami-Dade County$2,7840%
33143Miami-Dade County$2,7610%
33155Miami-Dade County$2,758-1%
33122Miami-Dade County$2,728-2%
33128Miami-Dade County$2,681-3%
33173Miami-Dade County$2,611-6%
33136Miami-Dade County$2,599-6%
33183Miami-Dade County$2,514-9%
33170Miami-Dade County$2,406-13%
33193Miami-Dade County$2,377-14%
33126Miami-Dade County$2,370-15%
33138Miami-Dade County$2,367-15%
33125Miami-Dade County$2,360-15%
33144Miami-Dade County$2,322-16%
33176Miami-Dade County$2,301-17%
33135Miami-Dade County$2,051-26%

Rent by bedroom count in Miami

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Miami-Dade County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Miami-Dade County uses Small Area FMRs, and the two bedroom figure runs from $2,060 to $3,850 depending on the Miami ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,953+6.8%
1 bedroom$2,121+6.3%
2 bedroom$2,564+5.3%
3 bedroom$3,277+4.8%
4 bedroom$3,749+3.8%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Miami?

Typical rent across Miami-Dade County is $2,837 as of August 2026. That is up 1.2% from a year earlier and up 29.9% over five years.

YearTypical rent, Miami-Dade CountyChange
2021$2,397+30.2%
2022$2,737+14.2%
2023$2,754+0.6%
2024$2,806+1.9%
2025$2,803-0.1%
2026 (through August)$2,837+1.2%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Miami rent questions

What is the average rent in Miami, FL?
Typical asking rent in Miami is $2,773 a month as of July 2026, across 30 ZIP codes. By ZIP code it runs from $2,051 to $3,815.
How much is rent for a 2 bedroom in Miami?
HUD's FY2027 Fair Market Rent for a two bedroom in Miami-Dade County is $2,564 a month including utilities. A one bedroom is $2,121 and a three bedroom is $3,277. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Miami?
Rent is rising. Typical rent in Miami-Dade County is $2,837 as of August 2026, up 1.2% from a year earlier.
What is the cheapest ZIP code to rent in Miami?
ZIP 33135 has the lowest typical asking rent in Miami at $2,051 a month, compared with $2,773 for the city overall.
How much income do you need to rent in Miami?
Most landlords look for gross income of about three times the rent. At the typical Miami rent of $2,773, that is about $8,319 a month, or $99,828 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Miami sits in the Miami-Fort Lauderdale-Pompano Beach, FL metro area.

Other Florida cities

Would a rental in Miami cash flow?

Start the analyzer with the Miami median rent of $2,773 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.