Zumper has analyzed over 1 million active listings across the United States and Miami is the 8th most expensive city to rent in the United States. The media for a 1 bedroom apartment is $1,870 per month down .53% from last year and a 2 bedroom at $2,150 down 1.57% from last year. San Francisco led the list with a median monthly rent of $3,460 for a 1 bedroom and $4,790 for a 2 bedroom. New York, Boston and San Jose trailed at $3,200, $2,230 and $2,220 respectively. With an oversupply of units about to hit the market it will be interesting to see how the Miami rental market is effected over the next year.
The Real Estate Mogul's Guide to South Florida
