Rents are 15% below what Miami Lakes's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,522 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Miami Lakes usually run 0.6% below trend in January and 0.4% above it in June, about $25 a month apart at today's median. Based on 6 years of data.
Rent in Miami Lakes is 1.1% below its high of $2,549 in May 2026, at $2,522 as of September 2026.
Rent in Miami Lakes changed +2.0% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
30% of the median household income ($101,557) is $2,539 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,410); a 3-bedroom is $3,110.
Opa-locka, 3 miles away, rents for 23% less ($1,931/mo), about $7,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Miami Lakes. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Miami Lakes, FL has changed in 5 years
The median rent in Miami Lakes, FL stood at $1,782 in 2021 and currently runs about $2,522, reflecting a 41.5% 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.
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At $2,522/mo, how Miami Lakes rent compares to typical pay (30% rule).
Miami Lakes rent by bedroom count
Median rent for each apartment size in Miami Lakes. Click any size for full breakdown.
Tips for renters in Miami Lakes
Last updated: October 17, 2026
The median rent in Miami Lakes is $2,522/mo as of October 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 30% of local median household income ($101,557/yr), Miami Lakes ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Miami Lakes?
At $2,522/mo, rent takes ~30% of Miami Lakes's median household income ($101,557/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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