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Miami Beach city: Median Gross Rent Trend

How Miami Beach city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$1,261
2023
$1,733
Total change
+$472
% change
+37.4%
Year Median Gross Rent Change
2017 $1,261
2019 $1,396 +$135 (10.7%)
2020 $1,432 +$36 (2.6%)
2021 $1,532 +$100 (7%)
2022 $1,654 +$122 (8%)
2023 $1,733 +$79 (4.8%)

Other Miami Beach city Trends