Miami Shores, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Miami Shores, Florida rental market.
Miami Shores, Florida
Average Apartment Rent
$2,753
Y-o-Y Change in Average
Apartment Rent
0.4%
As of May 2026
Compared to a year ago, Miami Shores, Florida apartments have recorded a 0.4% rent increase.
Miami Shores, Florida Average apartment rent trend
Miami Shores, Florida Average Apartment Rent
Miami Shores, Florida Apartment rent ranges
At 31.5%, apartments priced Over $3,000 represent the bulk of Miami Shores, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.07%.
Miami Shores, Florida Housing tenure**
Renters take up 16% of Miami Shores, Florida real estate, occupying a total of 585 units, while homeowners live in 3,171 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$70,849
Average household size of renter-occupied housing units**
2.44
Rental vacancy rate**
1.5%
Miami Shores, Florida Renter-occupied housing units by no. of bedrooms**
There are 221 rentals in Miami Shores, Florida with 3 beds making up the highest share of the market, at 38%. Units with 4 beds, on the other hand, hold the lowest percentage (5%), amounting to 27 units. Overall, the median number of rooms in Miami Shores, Florida homes for rent is 4.1.
Miami Shores, Florida Renter-occupied units by age of householder**
Most condos for rent in Miami Shores, Florida are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 55 - 59 years age group (23%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Miami Shores, Florida Renter-occupied housing units by family type**
Miami Shores, Florida Renter-occupied housing units by the presence of own children**
A total of 313 apartments for rent in Miami Shores, Florida, or 54% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 102 units. All in all, the median size of a renter-occupied household in Miami Shores, Florida is 2.44.
Miami Shores, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 55% of the rental market. In contrast, residents with less than a high school degree reside in 21% of the homes for rent in Miami Shores, Florida.
Miami Shores, Florida Renter-occupied units by year structure built**
The highest share of Miami Shores, Florida apartment rentals, namely 26% or 155 units, were Built 1940 - 1949, followed by those Built 1939 or earlier (18%, 103 units), and the ones Built 1960 - 1969 (14%, 84 units).
Miami Shores, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Miami Shores, Florida renters (48%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Miami Shores, Florida condos for rent is 2016.
Miami Shores, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Miami Shores, Florida renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 10% have No vehicle available.
Miami Shores, Florida Means of transportation to work of householders living in renter-occupied housing units**
Miami Shores, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Miami Shores, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
