Wynwood, Miami, FL Rental Market Trends
Last updated: February 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Wynwood is $3,438, a 6.82% increase compared to the previous year, when the average rent was $3,219.
Studio Apartments at $2,642 offer the most budget-friendly option with 507 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 699 square feet for $3,066, balancing privacy and affordability.
Two-beedroom units at $4,062 offer 1,027 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,415 sq ft) for $5,476, suitable for larger households.
Average rent in Wynwood, Miami, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,438 | 815 sq. ft. |
| Studio | $2,642 | 507 sq. ft. |
| 1 Bed | $3,066 | 699 sq. ft. |
| 2 Beds | $4,062 | 1,027 sq. ft. |
| 3 Beds | $5,476 | 1,415 sq. ft. |
Wynwood, Miami, FL rent trends
Rental prices in Wynwood, Miami, FL have increased by 6.82% over the past year. The average rent moved from $3,219 to $3,438.
What's the typical rent budget in Wynwood, Miami, FL?
The largest share of rentals in Wynwood, Miami, FL (71%) 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 Wynwood, Miami, FL?
1,683 or 75% of the households in Wynwood, Miami, FL are renter-occupied while 556 or 25% are owner-occupied.
Most affordable neighborhoods in Wynwood?
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 Wynwood?
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 Wynwood is 34% higher than in Allapattah
Wynwood rent is the same as Miami average
Allapattah rent is 25% lower than Miami average
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 Wynwood 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.