South Miami Heights, 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 South Miami Heights, Florida rental market.
South Miami Heights, Florida
Average Apartment Rent
$1,736
Y-o-Y Change in Average
Apartment Rent
1.5%
As of March 2026
Compared to a year ago, South Miami Heights, Florida apartments have recorded a 1.5% rent increase.
South Miami Heights, Florida Average apartment rent trend
South Miami Heights, Florida Average Apartment Rent
South Miami Heights, Florida Apartment rent ranges
At 75.75%, apartments priced $1,500 - $2,000 represent the bulk of South Miami Heights, Florida rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 2.74%.
South Miami Heights, Florida Housing tenure**
Renters take up 36% of South Miami Heights, Florida real estate, occupying a total of 4,084 units, while homeowners live in 7,321 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$36,295
Average household size of renter-occupied housing units**
2.78
Rental vacancy rate**
4.3%
South Miami Heights, Florida Renter-occupied housing units by no. of bedrooms**
There are 1,530 rentals in South Miami Heights, Florida with 2 beds making up the highest share of the market, at 37%. Units with No bedrooms, on the other hand, hold the lowest percentage (6%), amounting to 229 units. Overall, the median number of rooms in South Miami Heights, Florida homes for rent is 4.1.
South Miami Heights, Florida Renter-occupied units by age of householder**
Most condos for rent in South Miami Heights, Florida are occupied by residents in the 45 - 54 years age group (20%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
South Miami Heights, Florida Renter-occupied housing units by family type**
South Miami Heights, Florida Renter-occupied housing units by the presence of own children**
A total of 2,726 apartments for rent in South Miami Heights, Florida, or 67% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 1,372 units. All in all, the median size of a renter-occupied household in South Miami Heights, Florida is 2.78.
South Miami Heights, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 27% of the homes for rent in South Miami Heights, Florida.
South Miami Heights, Florida Renter-occupied units by year structure built**
The highest share of South Miami Heights, Florida apartment rentals, namely 30% or 1,210 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (22%, 915 units), and the ones Built 1960 - 1969 (15%, 612 units).
South Miami Heights, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most South Miami Heights, Florida renters (46%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their South Miami Heights, Florida condos for rent is 2016.
South Miami Heights, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of South Miami Heights, Florida renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 18% have No vehicle available.
South Miami Heights, Florida Means of transportation to work of householders living in renter-occupied housing units**
South Miami Heights, 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 South Miami Heights, 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
