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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
$702
2023
$804
Total change
+$102
% change
+14.5%
Year Median Gross Rent Change
2017 $702
2019 $709 +$7 (1%)
2020 $726 +$17 (2.4%)
2021 $735 +$9 (1.2%)
2022 $790 +$55 (7.5%)
2023 $804 +$14 (1.8%)

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