Rental prices in Downtown Miami, Miami, FL have increased by 1.69% over the past year. The average rent moved from $2,362 to $2,401.
Check out the average rent in Miami.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Miami, Miami, FL is $2,401.
The average monthly rent for an apartment in Downtown Miami, Miami, FL is around $2,401.
A share of 10% of apartments in Downtown Miami, Miami, FL have the cheapest rents between $1,001-$1,500. Around 24% of rentals are $2,501-$3,000. Around 3% of Downtown Miami's apartments have monthly rents between $1,501-$2,000. There are 52% of apartments with rents between $2,001-$2,500. A share of 11% of apartment rentals in Miami are in the > $3,000 range.
The largest share of rentals in Downtown Miami, Miami, FL (52%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average Downtown Miami, Miami, FL studio apartment size is 291 sq. ft.
Studio apartments in Downtown Miami, Miami, FL tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Downtown Miami, Miami, FL has 12,579 residents, 5,734 women and 6,845 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Miami’s population is 36.
There is a total of 6,432 households in Downtown Miami, Miami, FL. Of these, 895 have children and 5,536 are without children. Per Census Bureau’s most current estimates, 2,592 family households and 3,840 non-family households live in this area. The size of a household in Downtown Miami is 1.25 people, on average. The median household annual income in Downtown Miami equals $57,933, and the monthly housing costs equal $1,709.
According to data from the U.S. Census Bureau, 10% of the population in Downtown Miami, Miami, FL have no high school education, 27% went to high-school, and 12% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 19% hold a Graduate Degree.
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