How much does it cost to rent in Miami Lakes, FL?

As of July 2026, the median monthly rent in Miami Lakes, FL is $2,490. This figure is based on aggregated data from public sources and community-submitted rents.

Is Miami Lakes cheaper than other Florida cities?

Miami Lakes is one of the pricier cities in Florida, ranking #73 out of 288 cities tracked at $2,490/mo.

When was Miami Lakes rent data last updated?

Miami Lakes rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Miami Lakes a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Miami Lakes is currently a renter's market. Rents are softening (down 2.9% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

City Report · FL

Miami Lakes

Name: Average Rent Prices in Miami Lakes, FL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 31,553·73rd most expensive in Florida·Rental market data updated monthly for Miami Lakes, FL

Median rent (all units)

$2,490/mo

Year-over-Year

-2.9%

Month-over-Month

Stable

vs US Median

+$525

Stable (Monthly)

Be the first to discuss Miami Lakes rents ↓

Most AffordableMost Expensive

Miami Lakes · $2,490

More expensive than 79% of US cities · National median $1,965/mo

Rent Reality Score

85/100

Great value

OverheatedFairGreat value

Rents are 17% below what Miami Lakes's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,490/mo

Expected by trend

$3,015/mo

The Rent Reality Score compares today's median rent to where Miami Lakes's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,770

1 BR

$1,960

2 BR

$2,410

3 BR

$3,110

4 BR+

$3,650

Research median

$2,410/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$29,880/yr

At $2,490/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 2.9% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-2.9% YoY, -0.0% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Miami Lakes, FL is majority owner-occupied, has a median income above the national average, 43.7% of residents hold a bachelor's degree or higher.

Population

31,553

Median income

$101,557

Median age

41.3

Renters

40.2%

Age distribution

20%

22.2%

28.4%

14.2%

15.1%

Under 1820%

18–3422.2%

35–5428.4%

55–6414.2%

65+15.1%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

25.4%

89%

White25.4%

Black2%

Hispanic89%

Asian1.8%

Education (25+)

21.7%

27.5%

43.7%

No HS diploma7.1%

HS diploma21.7%

Some college27.5%

Bachelor's+43.7%

Housing tenure

59.8%

40.2%

Owner59.8%

Renter40.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Miami Lakes, FL has changed in 5 years

Rent

$1,815 → $2,490

up 37.2%

Income

$84,504 → $101,557

up 20.2%

Population

30,582 → 31,553

up 3.2%

Renter share

36.1% → 40.2%

+4.1 pts

Bachelor's+

39.2% → 43.7%

+4.5 pts

Median age

42.1 → 41.3

-0.8 yrs

The median rent in Miami Lakes, FL stood at $1,815 in 2021 and currently runs about $2,490, reflecting a 37.2% increase over the period. Median household income rose from $84,504 to $101,557 between 2021 and 2024, a 20.2% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.2% since 2021, moving from about 30,582 residents to roughly 31,553. Renters now make up 40.2% of households, compared with 36.1% five years ago. College-educated residents now make up 43.7% of adults here, versus 39.2% in 2021. Taken together, the five-year picture in Miami Lakes, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Miami Lakes

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View Miami Lakes rent history (2015–2026) →

Salary vs rent

Can you afford rent in Miami Lakes on your salary?

At $2,490/mo, how Miami Lakes rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 34% income

stretched

Elementary School Teacher

Avg $62,384/yr · Rent = 47.9% income

rent-burdened

Police Officer

Avg $71,861/yr · Rent = 41.6% income

rent-burdened

Software Developer

Avg $128,442/yr · Rent = 23.3% income

affordable

Lawyer

Avg $164,117/yr · Rent = 18.2% income

very comfortable

Firefighter

Avg $58,413/yr · Rent = 51.2% income

severely rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 56.7% income

severely rent-burdened

Electrician

Avg $65,007/yr · Rent = 46% income

rent-burdened

By apartment size

Miami Lakes rent by bedroom count

Median rent for each apartment size in Miami Lakes. Click any size for full breakdown.

Local insights

Tips for renters in Miami Lakes

About renting in Miami Lakes, FL

Last updated: July 20, 2026

The median rent in Miami Lakes is $2,490/mo as of July 2026. A studio apartment averages $1,770/mo while a 2-bedroom runs $2,410/mo. One-bedroom apartments average $1,960/mo and 3-bedroom units go for $3,110/mo.

At 29% of local median household income ($101,557/yr), Miami Lakes ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.9% over the past year.

FAQ

Frequently asked questions

Is Miami Lakes an affordable city for renters?

Miami Lakes is considered affordable for renters. At $2,490/mo, rent takes approximately 29% of the local median household income ($101,557/yr). The standard benchmark is 30%. Miami Lakes falls comfortably within that range.

How much income do you need to rent in Miami Lakes?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (~$48/hour full-time) to afford the median rent of $2,490/mo in Miami Lakes. The local median household income is $101,557/yr, meaning the typical Miami Lakes household meets that threshold.

Is rent going up or down in Miami Lakes?

Rent in Miami Lakes has decreased 2.9% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Miami Lakes rent compare to other cities in Florida?

Miami Lakes is one of the pricier cities in Florida for rent, ranking #73 out of 288 tracked cities at $2,490/mo.

Which nearby cities are cheaper to rent in than Miami Lakes?

Several nearby cities have lower median rents than Miami Lakes ($2,490/mo): Opa-locka ($2,328/mo), Hialeah ($2,374/mo).

What percentage of Miami Lakes residents rent vs. own?

According to Census data, approximately 40.2% of Miami Lakes households are renters, while 59.8% are owner-occupied. Miami Lakes leans toward homeownership, which can mean a smaller rental inventory.

How does Miami Lakes rent compare to the national average?

Miami Lakes's median rent of $2,490/mo is $525 (27%) above the US national median of $1,965/mo. Within Florida, it ranks #73 out of 288 tracked cities.

Income Affordability

29%

AFFORDABLE

At $2,490/mo, rent takes ~29% of Miami Lakes's median household income ($101,557/yr). The standard benchmark is 30%.

Miami Lakes 29%Benchmark 30%

State income taxNone

Run the Miami Lakes affordability calculator →

Nearby cities