Miami, FL has a vibrant rental market that offers a wide range of options for renters. The city is known for its sunny weather and beautiful beaches, making it an attractive destination for many. The rental market in Miami offers something for everyone, from luxury apartments to affordable studios.
The best neighborhoods in Miami for renters include Brickell, Downtown, and Miami Beach. These areas offer a variety of amenities, including restaurants, shopping, entertainment, and more. The average rent for one-bedroom apartments in these areas is around $1,700 per month.
When it comes to schools, Miami-Dade County Public Schools is one of the best in the country. It has an excellent academic program and an extensive range of extracurricular activities. The University of Miami and Florida International University are also popular choices for students looking for higher education in the area.
When it comes to safety, Miami has a higher than average crime rate. However, there are some areas of the city that are considered to be safer than others. The Miami-Dade Police Department offers a variety of services to help keep residents safe, such as neighborhood watch programs and crime prevention initiatives.
Overall, Miami offers an exciting rental market with a variety of options
The average rental prices of an apartment, townhouse, condo, loft, and single family home in Miami, FL are as follows:
Apartment: $1,872
Townhouse: $2,288
Condo: $2,163
Loft: $2,151
Single Family Home: $2,817
According to Zillow, the median rent price in Miami, FL has increased significantly over the last 5 years. In 2015, the median rent was $2,000. By 2020, the median rent had increased to $2,425, marking a 21% increase. During the same period, rental prices in Miami have also outpaced the national average, with rental prices in the US increasing by just 11% over the same period.
1-Bedroom: $1,695
2-Bedroom: $2,200
3-Bedroom: $2,650
Miami-Dade County Public Schools, the largest school district in Miami-Dade County, is one of the largest and most diverse school districts in the nation. It is made up of more than 350 schools and nearly 350,000 students. According to the U.S. Department of Education, Miami-Dade County Public Schools ranks as the fourth largest school district in the nation. It also has a higher percentage of students who are economically disadvantaged than the national average, with almost 70% of students receiving free or reduced lunches. In addition, the district's graduation rate is lower than the national average at 71.3%, compared to 84.6%.
1. South Beach
2. Wynwood
3. Downtown Miami
4. Coconut Grove
5. Brickell
1. Coconut Grove
2. Pinecrest
3. Coral Gables
4. Key Biscayne
5. South of Fifth