Miami Beach, FL Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$2,978
1-year change
+7.4%
$206/mo
5-year change
+34.3%
$761/mo
10-year change
+61.3%
$1,132/mo

Monthly rent trend

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Year-by-year rent in Miami Beach

YearMedian rentYoY changevs 2015
2015$1,808/mo0.0%
2016$1,864/mo+3.1%+3.1%
2017$1,810/mo-2.9%+0.1%
2018$1,839/mo+1.6%+1.7%
2019$1,865/mo+1.4%+3.2%
2020$1,871/mo+0.3%+3.5%
2021$2,118/mo+13.2%+17.1%
2022$2,782/mo+31.4%+53.9%
2023$2,947/mo+5.9%+63.0%
2024$2,916/mo-1.1%+61.3%
2025$2,764/mo-5.2%+52.9%
2026$3,037/mo+9.9%+68.0%

Frequently asked questions

How much has rent in Miami Beach changed since 2015?

Median rent in Miami Beach, FL was $1,770 in 2015-01 and is $2,978 as of 2026-06 — a change of $1,208 per month over 11 years.

How much has Miami Beach rent increased in the last 5 years?

Over the past 5 years, median rent in Miami Beach, FL has changed +34.3% ($761 per month). The current median is $2,978.

What has rent in Miami Beach done over the past decade?

Over the past 10 years, median rent in Miami Beach, FL has changed +61.3% ($1,132 per month). It is now $2,978.

Is rent in Miami Beach going up or down year over year?

Year over year, median rent in Miami Beach, FL has increased +7.4% ($206/mo). Current median: $2,978.

See full rent data for Miami Beach, FL
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.