City Report · FL

North Miami

Pop. 60,344·143rd most expensive in Florida·Rental market data updated monthly for North Miami, FL
Median rent (all units)
$2,133/mo
Year-over-Year
+3.5%
Month-over-Month
+0.6%
vs US Median
+$201
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
North Miami · $2,133
More expensive than 67% of US cities · National median $1,932/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what North Miami's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,133/mo
Expected by trend
$2,340/mo
The Rent Reality Score compares today's median rent to where North Miami's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,570
1 BR
$1,737
2 BR
$2,137
3 BR
$2,767
4 BR+
$3,267
Fair Market Rent (HUD)
$2,137/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,133 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in North Miami usually run 0.8% below trend in January and 0.8% above it in June, about $34 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in North Miami is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in North Miami changed +3.5% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in North Miami rose 57.5% while median household income rose 37.4% ($41,611 to $57,188). Rent outpaced income.

Since before the pandemic

Rent in North Miami is 57.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 8 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($57,188) is $1,430 a month. That is less than HUD's Fair Market Rent for a studio ($1,570).

Spread across ZIP codes

The priciest of 3 ZIP codes in North Miami, 33168 ($2,715/mo), costs 27% more than the cheapest, 33161 ($2,137/mo).

Cheaper nearby

Lauderhill, 18 miles away, rents for 11% less ($1,893/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for North Miami. 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.

Annual cost
$25,596/yr
At $2,133/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.5% YoY, +0.6% MoM), not inventory.
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Demographics

Who lives here

North Miami, FL is majority renter-occupied, has a median income below the national average, 25.2% of residents hold a bachelor's degree or higher.

Population
60,344
Median income
$57,188
Median age
38.3
Renters
56.5%
Age distribution
23.3%
21.8%
27.7%
15.2%
Under 1823.3%
18–3421.8%
35–5427.7%
55–6411.9%
65+15.2%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
16.5%
53%
33.9%
White16.5%
Black53%
Hispanic33.9%
Asian1%
Education (25+)
17.8%
33.2%
23.8%
25.2%
No HS diploma17.8%
HS diploma33.2%
Some college23.8%
Bachelor's+25.2%
Housing tenure
43.5%
56.5%
Owner43.5%
Renter56.5%

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

2021 vs 2026

How North Miami, FL has changed in 5 years

Rent
$1,433 → $2,133
up 48.8%
Income
$44,283 → $57,188
up 29.1%
Population
60,449 → 60,344
down 0.2%
Renter share
55.6% → 56.5%
+0.9 pts
Bachelor's+
19.9% → 25.2%
+5.3 pts

Since 2021, the typical rent in North Miami, FL has climbed from $1,433 to $2,133, a 48.8% change over five years. On the earnings side, the typical household in North Miami, FL now reports about $57,188, up from $44,283 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 25.2% of adults here, versus 19.9% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and North Miami, FL reflects that arc in its own way.

Community

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View North Miami rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Miami on your salary?

At $2,133/mo, how North Miami rent compares to typical pay (30% rule).

By apartment size

North Miami rent by bedroom count

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

Local insights

Tips for renters in North Miami

About renting in North Miami, FL

Last updated: October 17, 2026

The median rent in North Miami is $2,133/mo as of October 2026. A studio apartment averages $1,570/mo while a 2-bedroom runs $2,137/mo. One-bedroom apartments average $1,737/mo and 3-bedroom units go for $2,767/mo.

At 45% of local median household income ($57,188/yr), North Miami ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

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

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (about $41/hour full-time) to afford the median rent of $2,133/mo in North Miami. The local median household income is $57,188/yr, so the typical household falls short of that bar.

Is rent going up or down in North Miami?

Rent in North Miami has risen 3.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in North Miami?

Asking rents in North Miami are usually lowest in January, about 0.8% below their yearly trend, and highest in June, about 0.8% above it. At today's median that is a gap of roughly $34 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in North Miami?

Yes. From 2019 to 2024, rent in North Miami rose 57.5% while median household income rose 37.4%, from $41,611 to $57,188. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which North Miami neighborhoods have the lowest rent?

The most affordable ZIP codes in North Miami are 33161 ($2,137/mo), 33181 ($2,182/mo), and 33168 ($2,715/mo). Citywide, the median rent is $2,133/mo.

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

North Miami is in the middle among Florida cities for rent, ranking #143 of 289 tracked cities at $2,133/mo. Over the year to September 2026, rent in North Miami changed +3.5%, against a typical +1.8% across the 270 Florida cities Zillow tracks.
Income Affordability
45%
STRETCHED

At $2,133/mo, rent takes ~45% of North Miami's median household income ($57,188/yr). The standard benchmark is 30%.

North Miami 45%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in North Miami
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near North Miami, FL

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