Miami city: Median Gross Rent Trend
How Miami 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
$1,056
2023
$1,657
Total change
+$601
% change
+56.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,056 | — |
| 2019 | $1,183 | +$127 (12%) |
| 2020 | $1,242 | +$59 (5%) |
| 2021 | $1,361 | +$119 (9.6%) |
| 2022 | $1,494 | +$133 (9.8%) |
| 2023 | $1,657 | +$163 (10.9%) |