If you are thinking about moving to Miami-Dade—or just trying to keep up with the rising cost of living—you probably want to know what renting a home will cost you in 2025. The short answer? It depends heavily on where you choose to live. Let us break down the numbers so you can see where the most affordable and most expensive rentals are, and how much you might need to earn just to keep up.
What is the average rent in Miami-Dade in 2025?
As of July 2025, the average rent in Miami is $2,192 per month. That is about 34% higher than the national average of $1,637.
Here is what you can expect based on the size of the home:
- Studio: $2,072/month (average size: 501 sq ft)
- One-bedroom: $2,192/month (688 sq ft)
- Two-bedroom: $2,785/month (980 sq ft)
- Three-bedroom: $3,629/month (1,211 sq ft)
And just to give you an idea—rent in Miami has gone up 1.8% in the past year, which equals about $40 more per month on average.
Read more: What are the different types of life insurance? How to choose the right life insurance?
What are the most expensive neighborhoods in Miami-Dade?
If you are looking to rent in one of the trendiest and most in-demand areas, be prepared to pay well over the average price. Some neighborhoods are known for luxury buildings, waterfront views, and easy access to nightlife, and that reflects in the rent.
Here are some of the most expensive areas:
- Brickell: High-rise living, close to downtown business centers
- Downtown Miami: Known for modern apartments and entertainment options
- Coconut Grove: Popular with families and professionals
- Miami Beach: Ocean views come with a big price tag
- Coral Gables: Upscale and quiet, with historic charm
In these areas, it is not uncommon to see two-bedroom units renting for over $3,500 a month. If you are planning to rent a house or luxury condo, prices can go even higher.
What are the most affordable neighborhoods in Miami-Dade?
Now, if you are trying to keep your rent under control, there are still places in Miami where you can find more budget-friendly options—without sacrificing too much on space.
Here are the top affordable neighborhoods based on current rent averages:
- Liberty Square: $1,342/month (3,494 sq ft)
- Gladeview: $1,433/month (1,827 sq ft)
- Cloverleaf Estates: $1,538/month (750 sq ft)
- Pinewood: $1,560/month (816 sq ft)
- Arch Creek Estates: $1,568/month (938 sq ft)
- North Ridge: $1,574/month (722 sq ft)
- South Miami Heights: $1,579/month (801 sq ft)
Even though these areas may not be as trendy or centrally located, many offer good space and better value—especially if you are working with a tighter budget.
Read more: Good news for millions of Americans—Trump proposes eliminating the capital gains tax on home sales, which currently has a threshold of $500,000
How much do you need to earn to afford rent in Miami?
This is where it gets real. With average rent at $2,192/month, most experts recommend that you make at least three times your rent to live comfortably.
That means you should be earning around:
- $7,306/month or
- $87,672/year
And that is just for rent. You will also want to budget for things like groceries, transportation, and utilities. In Miami, the cost of living is about 21% higher than the national average, with housing alone 58.7% more expensive than most U.S. cities.
What percentage of rentals are over $2,000?
In case you are wondering how common it is to pay that much—here is the breakdown:
- 35% of rentals are priced above $2,000/month
- 27% fall between $1,001 – $1,500
- Only 4% are under $700/month
So if you are trying to find a cheap rental in 2025, you are definitely working against the odds. Your best bet is to look early, expand your search to surrounding neighborhoods, and be ready to act fast when something affordable pops up.
Related article:
What happens when you change your filing status from single to Head of Household?
Trump’s one, big, beautiful bill looks set to pass as House Republicans move bill forward