Miami, FL Rent History
140 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$2,965
1-year change
+1.5%
$43/mo
5-year change
+27.3%
$636/mo
10-year change
+68.7%
$1,207/mo
Monthly rent trend
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Year-by-year rent in Miami
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,706/mo | — | 0.0% |
| 2016 | $1,758/mo | +3.0% | +3.0% |
| 2017 | $1,769/mo | +0.6% | +3.7% |
| 2018 | $1,810/mo | +2.3% | +6.1% |
| 2019 | $1,848/mo | +2.1% | +8.3% |
| 2020 | $1,887/mo | +2.1% | +10.6% |
| 2021 | $2,035/mo | +7.8% | +19.3% |
| 2022 | $2,694/mo | +32.4% | +57.9% |
| 2023 | $2,840/mo | +5.4% | +66.5% |
| 2024 | $2,885/mo | +1.6% | +69.1% |
| 2025 | $2,926/mo | +1.4% | +71.5% |
| 2026 | $2,942/mo | +0.5% | +72.5% |
Frequently asked questions
How much has rent in Miami changed since 2015?
Median rent in Miami, FL was $1,678 in 2015-01 and is $2,965 as of 2026-09 — a change of $1,287 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 +27.3% ($636 per month). The current median is $2,965.
What has rent in Miami done over the past decade?
Over the past 10 years, median rent in Miami, FL has changed +68.7% ($1,207 per month). It is now $2,965.
Is rent in Miami going up or down year over year?
Year over year, median rent in Miami, FL has increased +1.5% ($43/mo). Current median: $2,965.