Located in the heart of southeastern Florida, Miami is a vibrant city with a distinct international appeal. Miami’s diversity is evident in its neighborhoods, from the artistic allure of Wynwood and the financial prowess of Brickell to the dance halls of Little Havana and the tranquil vibe of Coconut Grove. Downtown Miami is at the city’s core, boasting the third-tallest skyline in the U.S. alongside the picturesque Biscayne Bay.
Miami’s rental options are also incredibly diverse, from luxury apartments and beachfront condos in the city center to cozy townhomes and spacious houses in the suburbs. Miami offers plenty to do outside the home. Residents and visitors alike enjoy perusing the extensive exhibits at the Perez Art Museum, Phillip and Patricia Frost Museum of Science, Miami Children’s Museum, and Vizcaya Museum and Gardens. Miami loves their sports, cheering on the MLB Marlins at LoanDepot Park, NBA Heat at Miami-Dade Arena, and NFL Dolphins at Hard Rock Stadium in Miami Gardens. Shopping and dining options are also abundant in Miami, with mainstays like Bayside Marketplace, CocoWalk, Shops at Merrick Park, Calle Ocho, and many more.
Miami is home to several prominent universities, such as the University of Miami, Florida International University, and Barry University as well as Miami Dade College. Miami residents enjoy easy beach access in neighboring Miami Beach and on Key Biscayne. Although the city is working on increasing access to public transit with the Tri-Rail, Metromover, and Metrobuses, getting around by car is still the most common mode of transportation.
The historic Vizcaya Museum and Gardens is located in the Coconut Grove neighborhood
Miami's fairways and greens.
A pedestrian walkway in the Design District
Shopping in the Design District
A scenic view of the Country Lake shoreline.
Sign at entrance to Opa-Locka Executive Airport.
As of March 2026, the average apartment rent in Miami, FL is $2,078 for a studio, $2,211 for one bedroom, $2,811 for two bedrooms, and $3,598 for three bedrooms. Apartment rent in Miami has decreased by -0.3% in the past year.
The cost of living in Miami, FL is 20.0% higher than the national average. Generally, housing in Miami is 57.3% more expensive than the national average, with rent falling between $2,078 - $3,598. You can expect to pay 8.9% more for groceries, 3.3% more for utilities, and 0.4% less for transportation.
Enchanted by the Magic City? These five affordable Miami neighborhoods make living in this sun-drenched city spellbinding.
Thinking about moving to Miami? Locals share everything you need to know about life in the Magic City, from traffic to festivals and from jobs to the weather.
Looking for a great apartment in Miami? Here are some tips on how to find your perfect home.
Thinking about moving to Miami? Here are some pros and cons of living in the Magic City to help you decide.
Want a peek into the lives of the rich and famous? Here are the top five most lavish rentals in Miami.
Explore how walkable, bikeable, drivable, and transit-friendly Miami, FL is for everyday living.
Very walkable
Walkability
Good public transit
Transit
Exceptionally drivable
Drivability
Fairly bikeable
Bikeability
Coconut Grove Elementary School
Public
Grades PK-5
Public
Grades PK-5
Virginia A Boone-Highland Oaks School
Public
Grades PK-5
Kendale Lakes Elementary School
Public
Grades PK-5
Public
Grades PK-5
Mater Academy Biscayne Middle School
Public
Grades 6-8
Academir Charter School Middle
Public
Grades 6-8
Pinecrest Academy (North Campus)
Public
Grades K-8
Highly Inquisitive & Versatile (Hive) Preparatory School
Public
Grades K-8
International Studies Charter Middle School
Public
Grades 6-8
Archimedean Upper Conservatory Charter School
Public
Grades 9-12
School For Advanced Studies-Wolfson
Public
Grades 9-12
School For Advanced Studies North
Public
Grades 9-12
School For Advanced Studies - South
Public
Grades 9-12
Terra Environmental Research Institute
Public
Grades 9-12
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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3,480
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955,114
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894
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38
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9,447
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26
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8,767
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10
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353
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105,275
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141
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185
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59,980
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106
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16
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3,413
Units
10
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
