What is the average apartment size in Downtown Miami, Miami, FL?

The average size for a Downtown Miami, Miami, FL apartment is 855 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Downtown Miami?

As of Jan / 2026, the average rent in Downtown Miami is $3,268 per month, a 3.19% increase from last years average of $3,167.

How much does rent cost by apartment size in Downtown Miami?

In Downtown Miami, studios rent for $2,401 per month, one-bedroom units average $3,040 per month, two-bedrooms cost around $3,667 per month, and three-bedroom apartments rent for about $5,012 per month

What is the average apartment size in Downtown Miami?

The typical apartment in Downtown Miami offers about 855 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Downtown Miami?

Studio apartments in Downtown Miami average 526 sq. ft., one-bedrooms offer 760 sq. ft., two-bedrooms are about 1,032 sq. ft., and three-bedroom apartments average 1,427 sq. ft.

Downtown Miami, Miami, FL Rental Market Trends

Q: What's the typical rent budget in Downtown Miami?

The typical rent budget in Downtown Miami ranges from $3,000 to per month, with 55% of rentals in this range.

Q: Do most people rent or own in Downtown Miami?

In Downtown Miami, 81% of households rent while 19% own their homes, based on the latest U.S. Census data.

Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Miami is $3,268, a 3.19% increase compared to the previous year, when the average rent was $3,167.

Studio Apartments at $2,401 offer the most budget-friendly option with 526 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 760 square feet for $3,040, balancing privacy and affordability.

Two-beedroom units at $3,667 offer 1,032 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,427 sq ft) for $5,012, suitable for larger households.

Average rent in Downtown Miami, Miami, FL

Last updated: February 20, 2026

	Average Rent	Average Apartment Size
All Rentals	$3,268	855 sq. ft.
Studio	$2,401	526 sq. ft.
1 Bed	$3,040	760 sq. ft.
2 Beds	$3,667	1,032 sq. ft.
3 Beds	$5,012	1,427 sq. ft.

Downtown Miami, Miami, FL rent trends

Rental prices in Downtown Miami, Miami, FL have increased by 3.19% over the past year. The average rent moved from $3,167 to $3,268.

What's the typical rent budget in Downtown Miami, Miami, FL?

The largest share of rentals in Downtown Miami, Miami, FL (55%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Miami, Miami, FL?

5,232 or 81% of the households in Downtown Miami, Miami, FL are renter-occupied while 1,200 or 19% are owner-occupied.

Most affordable neighborhoods in Downtown Miami?

Palmetto Country Club Estates $1,611/month

Northeast Coconut Grove $1,613/month

Miami Springs $1,791/month

All of these neighborhoods fall below the city wide average of $2,710/month.

Most expensive neighborhoods in Downtown Miami?

Midtown - Edgewater $3,396/month

Wynwood $3,438/month

Brickell $3,585/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Miami, FL By Neighborhood

Neighborhood	Average Rent
Brickell	$3,585
Wynwood	$3,438
Midtown - Edgewater	$3,396
Downtown Miami	$3,268
Silver Bluff	$3,221
Miami Media And Entertainment District	$2,919
Zanzuri - Dadeland North	$2,878
North Bay Village	$2,873
Sweetwater	$2,803
Palmetto - Kendal Heights	$2,767
Upper East Side	$2,704
Byrwood	$2,635
Overtown	$2,576
Allapattah	$2,570
Little Havana	$2,538
The Roads	$2,505
Kendall Commons	$2,485
Downtown Dadeland	$2,395
Wellington Point	$2,390
Blue Lagoon Area	$2,381
Southwest Coconut Grove	$2,365
Wild Lime At The Hammocks	$2,197
Kings Meadow - Parkside Glen	$2,169
Grapeland Heights	$2,147
Flagami	$2,097
Olympic	$2,092
Tree Top	$2,070
Coral Park Estates	$2,061
Richardson Kellett - Coral Haven	$2,052
Kendale Lakes Center	$1,884
Little Haiti	$1,841
Miami Springs	$1,791
Northeast Coconut Grove	$1,613
Palmetto Country Club Estates	$1,611

Miami | Rent Comparison by Neighborhood

Rent in Downtown Miami is 27% higher than in Allapattah

$3,268

Downtown Miami rent is the same as Miami average

Average Rent $3,268

$2,570

Allapattah rent is 21% lower than Miami average

Average Rent $2,570

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Miami apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.