Markets › Miami
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Miami FL
Covers Miami, Fort Lauderdale and West Palm Beach.
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, and steady on the recent monthly signals.
From public data. The situation now, not a forecast.
Renter Google searchabout 14,800 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 14,800 searches in July 2026, for Miami on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Stable
Holding steady this month, no signal is pulling hard either way.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+1.2%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +8.8% · US avg +5.2%
Median rentCENSUS · 2024
$2,083/mo
Typical rent, 2024 yearly count
In the news · MiamiNEWS · DAILY
Latest local coverage, 2 days ago.● softer● neutral● firmer
Dream Finders Homes enters Palm Beach County with $12M acquisitionMarcus & Millichap’s IPA Capital Markets Arranges $43 Million Construction Financing for Multifamily Property in Greater MiamiOpportunity zone: Alta lists under-construction student housing near University of MiamiView all 8 Miami news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.4%
Migration 2025-17.79/1k
SUPPLY
Permits 2025+66.9%
Vacancy 20247.3%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,678/mo
Cheaper to rent than buying
rent $2,083 · own $3,761
$2,083RENT
$3,761OWN
Net migrationCENSUS · 2025
−17.79/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.