Miami Beach, FL Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Miami Beach is $3,312, a 0.95% increase compared to the previous year, when the average rent was $3,281.
Studio Apartments at $1,939 offer the most budget-friendly option with 575 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 701 square feet for $2,854, balancing privacy and affordability.
Two-beedroom units at $4,163 offer 1,148 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,735 sq ft) for $6,617, suitable for larger households.
Average rent in Miami Beach, FL
Last updated: February 18, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,312 | 865 sq. ft. |
| Studio | $1,939 | 575 sq. ft. |
| 1 Bed | $2,854 | 701 sq. ft. |
| 2 Beds | $4,163 | 1,148 sq. ft. |
| 3 Beds | $6,617 | 1,735 sq. ft. |
Miami Beach, FL rent trends
Rental prices in Miami Beach, FL have increased by 0.95% over the past year. The average rent moved from $3,281 to $3,312.
What's the typical rent budget in Miami Beach, FL?
The largest share of rentals in Miami Beach, FL (49%) 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 Miami Beach, FL?
25,026 or 61% of the households in Miami Beach, FL are renter-occupied while 15,812 or 39% are owner-occupied.
Most affordable neighborhoods in Miami Beach?
Ocean Beach $1,795/month
Normandy Isles $2,154/month
Miami Beach City Center $2,438/month
All of these neighborhoods fall below the city wide average of $3,312/month.Average Rent in Miami Beach, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West Avenue | $4,121 |
| Miami Beach City Center | $2,438 |
| Normandy Isles | $2,154 |
| Ocean Beach | $1,795 |
/
Miami Beach | Rent Comparison by Neighborhood
Rent in Miami Beach City Center is 13% higher than in Normandy Isles
$2,438
Miami Beach City Center rent is 26% lower than Miami Beach average
Average Rent
$2,438
$2,154
Normandy Isles rent is 35% lower than Miami Beach average
Average Rent
$2,154
How Miami Beach Compares to Other Cities
| City | Average Rent |
|---|---|
| Miami Beach | $3,312 |
| Jacksonville | $1,489 |
| Cape Coral | $1,691 |
| Kissimmee | $1,813 |
| Tampa | $1,997 |
| Miami | $2,710 |
| Fort Myers | $1,741 |
| North Port | $1,715 |
| Lakeland | $1,507 |
| Orlando | $1,793 |
| Port St. Lucie | $2,146 |
| Fort Lauderdale | $2,801 |
| Hollywood | $2,198 |
| Hialeah | $2,185 |
| Plantation, FL | $2,512 |
| Oakland Park, FL | $2,044 |
| Sunrise, FL | $2,349 |
| Miramar, FL | $2,573 |
| North Miami, FL | $2,411 |
| Doral, FL | $2,819 |
| Lauderhill, FL | $2,033 |
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 Miami Beach 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.