Miami, FL Rent History
137 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$3,004
1-year change
+1.6%
$46/mo
5-year change
+38.4%
$833/mo
10-year change
+67.9%
$1,215/mo
Monthly rent trend
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Year-by-year rent in Miami
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,740/mo | — | 0.0% |
| 2016 | $1,791/mo | +2.9% | +2.9% |
| 2017 | $1,802/mo | +0.6% | +3.6% |
| 2018 | $1,844/mo | +2.3% | +6.0% |
| 2019 | $1,884/mo | +2.2% | +8.3% |
| 2020 | $1,926/mo | +2.2% | +10.7% |
| 2021 | $2,073/mo | +7.6% | +19.1% |
| 2022 | $2,751/mo | +32.7% | +58.1% |
| 2023 | $2,900/mo | +5.4% | +66.7% |
| 2024 | $2,950/mo | +1.7% | +69.5% |
| 2025 | $2,954/mo | +0.1% | +69.8% |
| 2026 | $3,012/mo | +2.0% | +73.1% |
Frequently asked questions
How much has rent in Miami changed since 2015?
Median rent in Miami, FL was $1,708 in 2015-01 and is $3,004 as of 2026-06 — a change of $1,296 per month over 11 years.
How much has Miami rent increased in the last 5 years?
Over the past 5 years, median rent in Miami, FL has changed +38.4% ($833 per month). The current median is $3,004.
What has rent in Miami done over the past decade?
Over the past 10 years, median rent in Miami, FL has changed +67.9% ($1,215 per month). It is now $3,004.
Is rent in Miami going up or down year over year?
Year over year, median rent in Miami, FL has increased +1.6% ($46/mo). Current median: $3,004.