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Rental Market Trends in Miami Shores, FL

What is the average rent in Miami Shores, FL?

$752/month

Average Rent

750 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of June 2025, the average rent in Miami Shores, FL is $752 per month. This is 54% lower than the national average rent of $1,627/month, making renting in Miami Shores more affordable than most cities in the US. When you rent an apartment in Miami Shores, you can expect to pay about $735 per month for a studio, $752 for a one-bedroom apartment, and around $1,002 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$735/month
600 Sq Ft
One Bedroom
$752/month
750 Sq Ft
Two Bedroom
$1,002/month
1,000 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,545/month
1,423 Sq Ft
Three Bedroom
$5,882/month
1,543 Sq Ft
Four Bedroom
$14,894/month
2,729 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,312/month
876 Sq Ft
Two Bedroom
$3,300/month
1,144 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,075/month
1,154 Sq Ft
Three Bedroom
$3,750/month
1,252 Sq Ft

How much has average rent changed in Miami Shores, FL?

In the past year, rent has increased by 0.6%, which averages out to $5 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Miami Shores, FL
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Miami Shores, FL
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Miami Shores, FL?

Because the average rent in Miami Shores is $752, you’ll want to make about $2,506 per month or $30,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Miami Shores, FL

375 Available Apartments for Rent

Search for Nearby Apartments

How does Miami Shores, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Miami Shores, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Miami Shores, FL

Apartment Averages

Nearby City Rent Trends

  • Biscayne Park Average Rent
  • El Portal Average Rent
  • North Bay Village Average Rent
  • North Miami Average Rent

Apartment communities in Miami Shores we think you'll love

The Kavista Apartments

The Kavista Apartments

471 NE 83rd St,
Miami, FL 33138

1-3 Beds | $2,019 - $4,564

The Corridor

The Corridor

760 NE 85th St,
Miami, FL 33138

Studio - 2 Beds | $1,834 - $3,414

Miami Shores Apartment Homes

Miami Shores Apartment Homes

8951 NE 8th Ave,
Miami, FL 33138

1-2 Beds | $1,699 - $2,305

1000 Quayside Ter

1000 Quayside Ter

1000 Quayside Ter,
Miami Shores, FL 33138

2 Beds | $4,400

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United States Florida Miami Shores Rental Trends

Methodology

† 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity