Comprehensive analysis of Miami-Dade and Broward County rental markets
The South Florida rental market continues to demonstrate resilience and growth in Q4 2024. Miami-Dade and Broward counties are experiencing strong rental demand driven by population growth, limited inventory, and continued economic expansion. Property owners are benefiting from both rent appreciation and high occupancy rates, making this an opportune time for strategic property management.
$3,200/month avg
annual growth
$3,500/month avg
annual growth
$2,600/month avg
annual growth
$2,900/month avg
annual growth
$2,600/month avg
annual growth
$2,200/month avg
annual growth
$2,100/month avg
annual growth
$2,300/month avg
annual growth
Waterfront properties commanding 25-40% premium over inland properties
Continued demand for home offices and flexible spaces
High-end rentals ($4,000+) seeing strongest demand
Limited new construction keeping vacancy rates low
3-5% annual increase
Confidence: High
Key Factors:
92-95% average
Confidence: High
Key Factors:
Moderate increase
Confidence: Medium
Key Factors:
Continued growth
Confidence: High
Key Factors:
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