Miami Ranks 9th in Top Ten 1-Bedroom and 2-Bedroom Median Rent Prices Nationally

Miami ranks 9th nationally according to a Zumper report when it comes to median rental prices for 1-bedroom and 2-bedroom units at $1,800 /mo. and $2,500 /mo. respectively. Month to month, Miami saw no change in median pricing, down 2.2% year-over-year for 1-bedrooms and 3.8% year-over-year for 2-bedrooms. San Francisco leads the list at $3,720 /mo. for 1-bedroom units and 4,500 /mo. for 2-bedroom units, followed by New York, Boston and San Jose. Fort Lauderdale ranked 13th with the median rent for 1-bedroom units at $1,500 /mo. and 2-bedrooms at $1,900 /mo. 

Rental Round-Up: The Hottest, Luxe Downtown Condos

Downtown Miami is an area on the rise, which means a renter get great value in buildings with all of the high-end, luxury amenities you could ever need. These condo rentals are just steps away from some of Miami's newest landmarks such as the Perez Art Musuem, Museum Park and American Airlines Arena. Here are some of Downtown's hottest rentals in the area's best all-around buildings. 

1. Under $2,000 /mo.: One Miami #1518 | $1,850 /mo.

One Miami #1518

A great price for luxury living in this spacious 1 bedroom 1 bathroom condo located in the heart of downtown with Il Gabiano in the lobby. Views of the Biscayne Bay and the Miami River. Walking distance to Bayside Shops, American Airlines Arena, Whole Foods, Brickell City Centre and more. Building includes first-class amenities like gym, sauna, weight room, private access to Intercontinental pool area, and access to boardwalks along the Bayfront Park! Availible for $1,850 /mo., listed with Kendrick Villalba of Sovereign Real Estate Group. ML#A10194703

2. Under $3,000 /mo.: Ten Museum Park #1205 | $2,400 /mo.

Ten Museum Park #1205

Trendy 1 bedroom 1.5 bathroom in Ten Museum Park has floor to ceiling glass walls, Stainless Steel Kitchen, with Bosch and Sub Zero Appliances, tile flooring & 360 degree glass shower. The master bath includes bidet, closet cabinetry, and double sink. Enjoy Partial bay and skyline views from your oversized balcony. Full service luxury building offers convenient downtown location across the street from American Airlines Arena, 5 pools, gym & spa. Available for $2,400 per month unfurnished, listed with Demetri Demascus of Spectrum Realty Group. ML#A10204289

3. Under $5,000 /mo.: Marquis Residences #5203 | $4,800 /mo.

Marquis Residences #5203

Showroom-quality, furnished 2 Bed/2.5 Bath condo at Marquis Residences. Finely upgraded features white porcelain flooring throughout, renovated Kitchen & Bathrooms, 4 chandeliers, custom lighting, built-in cabinets, motorized shades, Nest thermostat and more. Breathtaking views of Biscayne Bay and the Miami Beach skyline from 52nd floor. Rent includes includes 2 parking spaces, basic cable TV, high-speed Internet & water. Marquis 5-star amenities fitness center, pool, hot tub, spa & concierge. Me Miami hotel and STK are also in the building. Available for $4,800 per month listed with Lucas Lechuga of Luxe Living Realty. ML#A10207970

4. Over $5,000 /mo.: Marquis Residences #3201 | $6,500 /mo.

Redesigned floor plan with modern finishes, this  2,106 SF 3 Bed 2.5 Bath corner unit features amazing views of Biscayne Bay and the Downtown Miami skyline. Kitchen is finished in Zebrano lacquer cabinets & Mink Marble accents. Marquis is a full service luxury building complete with newly renovated pool, spa & fitness center. Marquis also offers access to the ME Miami hotel and STK restaurant in lobby. Located conveniently in Downtown Miami walking distance from American Airlines Arena, PAMM, Frost Science Center, and more. Availible for $6,500 per month, currently listed with Lisa Dominguez of Insignia International Properties. ML#A10201932