Average Rent in Miami (2026 Estimate)
| Bedroom Type | Median Rent |
|---|---|
| Studio | $1,700 |
| 1 Bedroom | $2,250 |
| 2 Bedroom | $3,100 |
| 3 Bedroom | $4,100 |
Estimated market data based on HUD 2026 and Zillow 2026. For reference only.
Security Deposit Laws in Florida
No state limit; typical 1-2 months
Always confirm with your landlord or property manager, as local city ordinances in Miami may provide additional protections.
Estimated Monthly Utilities in Miami
On average, basic utilities (electricity, heating, cooling, water, garbage) for an 85m² apartment in Miami cost approximately $200 per month.
Internet (60 Mbps+) costs approximately $65 per month.
Total Estimated Monthly Cost in Miami
For a 1-bedroom apartment, your estimated total monthly cost is:
Rent $2,250 + Utilities $200 + Internet $65 = $2,515
For a 2-bedroom apartment:
Rent $3,100 + Utilities $200 + Internet $65 = $3,365
Rent Affordability Tip for Miami
A common rule of thumb is to spend no more than 30% of gross monthly income on rent.
To afford the median 1-bedroom rent of $2,250 in Miami, you should earn at least $7,499 per month ($89,988 per year) before taxes.
Use Our Free Rent Affordability Calculator →Moving to Miami? Estimate Your Total Move-In Cost
Beyond the first month's rent, you'll typically need to pay a security deposit, possibly last month's rent, and moving expenses.
Calculate Move-In Cost →Frequently Asked Questions About Renting in Miami
The estimated median rent for a 1-bedroom apartment in Miami is approximately $2,250 per month as of 2026.
Basic utilities for an average apartment in Miami are estimated at $200 per month, plus about $65 for internet.
Following the 30% rule, you should earn at least $89,988 per year to comfortably afford the median 1-bedroom rent in Miami.