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9 Apartments under 800 for rent in Miami, FL

Last updated October 23 at 10:04am UTC
645 NW 32nd St
Allapattah
Miami, FL
Updated October 23 at 10:04am UTC
Studio
$775
620 NE 178th St
Windward
Miami, FL
Updated October 18 at 2:11pm UTC
Studio
$750
8301 NE 2nd Ct
Little Haiti
Miami, FL
Updated October 12 at 2:30pm UTC
Studio
$795
430 NE 38th St
Upper East Side
Miami, FL
Updated October 12 at 2:23am UTC
1 Bedroom
$650
520 NW 165th St
Biscayne Gardens
Miami, FL
Updated September 25 at 5:30pm UTC
Studio
$450
1045 NE 80th St
Upper East Side
Miami, FL
Updated August 9 at 6:40am UTC
Studio
$750
925 Lenox Ave
Flamingo-Lummus
Miami Beach, FL
Updated October 12 at 2:22am UTC
1 Bedroom
$650
Results within 1 miles of Miami, FL
1680 NE 158th St
Allen Park
North Miami Beach, FL
Updated September 19 at 5:19am UTC
1 Bedroom
$700
Results within 5 miles of Miami, FL
428 NE 38th St
Upper East Side
Miami, FL
Updated October 20 at 9:34am UTC
4 Bedrooms
$650

October 2018 Miami Rent Report

Welcome to the October 2018 Miami Rent Report. Miami rents declined over the past month. In this report, we'll evaluate trends in the Miami rental market, including comparisons to cities throughout the metro, state, and nation.

View full Miami Rent Report
Rent Report
Miami

October 2018 Miami Rent Report

Welcome to the October 2018 Miami Rent Report. Miami rents declined over the past month. In this report, we'll evaluate trends in the Miami rental market, including comparisons to cities throughout the metro, state, and nation.

Miami rents declined slightly over the past month

Miami rents have declined 0.2% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Miami stand at $1,070 for a one-bedroom apartment and $1,350 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in June. Miami's year-over-year rent growth lags the state average of 1.4%, as well as the national average of 0.9%.

Rents rising across the Miami Metro

While rents have remained steady in the city of Miami throughout the past year, cities across the metro have seen a different trend. Rents have risen in 8 of of the largest 10 cities in the Miami metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Miami Beach has the least expensive rents in the Miami metro, with a two-bedroom median of $1,290; additionally, the city has seen the fastest rent growth in the metro over the past month (0.3%).
  • Over the past year, Fort Lauderdale has seen the biggest rent drop in the metro, with a decline of 0.5%. Median two-bedrooms there cost $1,440, while one-bedrooms go for $1,140.
  • Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,400; rents were up 0.7% over the past year but remained flat month-over-month.

Miami rents more affordable than many large cities nationwide

Rent growth in Miami has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Miami is still more affordable than most large cities across the country.

  • Other cities across the state have seen rents moderately increase, with Florida as a whole logging rent growth of 1.4% over the past year. For example, rents have grown by 3.0% in Tampa and 2.2% in Jacksonville.
  • Miami's median two-bedroom rent of $1,350 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Miami.
  • While rents in Miami remained moderately stable this year, similar cities saw increases, including Houston (+2.8%), Austin (+1.2%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,020, $1,420, and $3,110 respectively.
  • Renters will find more reasonable prices in Miami than most large cities. For example, San Francisco has a median 2BR rent of $3,110, which is more than twice the price in Miami.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Miami $1,070 $1,350 -0.2% 0.1%
Hialeah $1,100 $1,400 0.0% 2.2%
Fort Lauderdale $1,140 $1,440 -0.2% -0.5%
Pembroke Pines $1,890 $2,400 0.0% 0.7%
Hollywood $1,110 $1,400 -0.2% 1.0%
West Palm Beach $1,070 $1,360 -0.0% 1.8%
Pompano Beach $1,140 $1,450 -0.1% 0.6%
Miami Beach $1,020 $1,290 0.3% 0.2%
Boca Raton $1,440 $1,820 0.0% 1.4%
Deerfield Beach $1,180 $1,490 -0.1% -0.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.