Miami’s rental market contains substantial differences in pricing, housing type, and available inventory. Zillow reported an average Miami rent of $3,200 per month as of June 25, 2026, covering all bedrooms and all property types.

That citywide figure was unchanged from the previous month and $4 lower than one year earlier. Zillow counted 7,905 available Miami rentals, providing a much broader market sample than most individual communities in this ranking.

The neighborhood-level figures range from $8,800 in Key Biscayne to $2,078 in Kendall. However, some of the highest averages are based on only one or two available rentals. These figures should therefore be interpreted alongside Zillow’s reported inventory counts, recent rent changes, and property mix.

What This Ranking Covers

Zillow does not organize all Miami rental data according to formal City of Miami neighborhood boundaries. Some of its local market pages cover separate municipalities or census-designated communities within the broader Miami area.

This article therefore includes Miami neighborhoods and nearby communities for which Zillow published directly comparable data on June 25, 2026. Key Biscayne, Pinecrest, Coral Gables, Miami Beach, and South Miami are separate municipalities, while other locations are unincorporated communities or census-designated areas.

Each figure represents Zillow’s average rent for all bedrooms and all property types. The figures are not median rents, rents paid by existing tenants, or Zillow Observed Rent Index estimates.

Miami’s Citywide Rental Benchmark

Zillow reported the following citywide rental figures for Miami on June 25, 2026:

Average Rent: $3,200 per month
Measurement: Average rent for all bedrooms and all property types
Month-Over-Month Change: No change
Year-Over-Year Change: Down $4
Available Rentals: 7,905

Every neighborhood or community in the ranking is compared with this $3,200 citywide average.

Average Rent by Neighborhood and Nearby Community

1. Key Biscayne Had an Average Rent of $8,800

Zillow Average Rent: $8,800 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 174
Month-Over-Month Change: Down $100
Year-Over-Year Change: Up $800
Comparison With Miami: $5,600 higher, or 175% above the Miami average

Key Biscayne had the highest Zillow average rent among the Miami-area markets included in the ranking. At $8,800 per month, its average was approximately 2.75 times Miami’s citywide figure.

Zillow reported a rental price range of $2,500 to $150,000. Of the 174 available rentals counted in Zillow’s price distribution, 143 were in the $5,000-and-above category. This concentration indicates that luxury housing has a major influence on the overall average.

The local housing mix includes expensive condominiums and large residential properties, while limited land availability restricts how much additional housing can be introduced. Waterfront access and the community’s island setting may also support a substantial premium over inland Miami-area markets.

Zillow reported that Key Biscayne’s average increased by $800 over the preceding year despite falling by $100 during the latest month. The large available-rental count makes this figure more representative than averages based on only one or two properties, although exceptionally expensive listings can still raise an all-property average.

2. Coral Terrace Had an Average Rent of $7,655

Zillow Average Rent: $7,655 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 1
Month-Over-Month Change: Down $768
Year-Over-Year Change Displayed by Zillow: Up $7,655
Comparison With Miami: $4,455 higher, or approximately 139% above the Miami average

Coral Terrace had the second-highest displayed average, but it also had the smallest rental sample in the analysis.

Zillow reported only one available rental, and its bedroom-specific data showed a four-bedroom average of $7,655. The headline figure therefore reflects a large residential property rather than a broad cross-section of studios, apartments, condominiums, and houses.

Zillow displayed a rental price range of $7,593 to $7,593, which differed slightly from the published average. This indicates that the headline average should not be reconstructed from the currently visible listing alone.

The reported year-over-year increase of $7,655 should also be treated cautiously. When an area has only one available rental and sparse historical observations, the percentage or dollar change may reflect the addition or removal of individual properties rather than a neighborhood-wide movement in rents.

Coral Terrace’s placement near the top of the ranking is consequently driven more by its current listing composition than by a reliable estimate of what the typical renter pays across the entire community.

3. Pinecrest Had an Average Rent of $6,000

Zillow Average Rent: $6,000 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 76
Month-Over-Month Change: Down $1,000
Year-Over-Year Change: Down $1,249
Comparison With Miami: $2,800 higher, or approximately 88% above the Miami average

Pinecrest’s $6,000 average placed it well above Miami’s $3,200 benchmark, although Zillow showed substantial monthly and annual declines.

The local price range extended from $1,350 to $65,000. Zillow counted 44 of Pinecrest’s 76 available properties in the $5,000-and-above category, demonstrating that high-value housing represents a large share of the market.

Property size also has a significant effect. Zillow reported averages of $1,900 for one-bedroom rentals, $2,400 for two-bedroom rentals, $5,500 for three-bedroom properties, and more than $31,000 for four-bedroom properties. The extreme difference between unit categories shows why the combined all-property average is considerably higher than the cost of a smaller apartment.

Pinecrest’s housing stock includes a substantial number of larger single-family properties. Larger floor plans, lot sizes, low-density development, and limited apartment supply can push the overall average above that of markets with more studios and one-bedroom units.

The $1,000 monthly decline and $1,249 annual decline may partly reflect changes in the number and price of luxury homes available for rent. Removing even a small number of exceptionally expensive properties can materially reduce the headline average.

4. Westchester Had an Average Rent of $5,431

Zillow Average Rent: $5,431 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 2
Month-Over-Month Change: Down $261
Year-Over-Year Change Displayed by Zillow: Up $5,431
Comparison With Miami: $2,231 higher, or approximately 70% above the Miami average

Westchester’s Zillow average was $5,431, but the figure was based on only two available rentals. Both properties appeared in Zillow’s $5,000-and-above category.

Zillow reported a rental price range of $5,107 to $8,152 and identified $5,431 as both the overall average and the three-bedroom average. This suggests that the current inventory was concentrated in larger or higher-priced residential properties.

Westchester may have a broader rental market than the two properties reflected in Zillow’s published count, but the platform’s displayed average cannot be assumed to represent units that are not included in its current dataset.

The reported annual increase of $5,431 is another indication of insufficient historical coverage. It should not be interpreted as evidence that rents across Westchester increased by that amount in a conventional year-over-year comparison.

Although the headline average was 70% above Miami’s figure, the small sample means it is more accurately viewed as a snapshot of current Zillow inventory.

5. Glenvar Heights Had an Average Rent of $4,333

Zillow Average Rent: $4,333 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 2
Month-Over-Month Change: Up $509
Year-Over-Year Change: Down $3,043
Comparison With Miami: $1,133 higher, or approximately 35% above the Miami average

Glenvar Heights recorded an average rent of $4,333, placing it approximately one-third above Miami’s overall average.

Zillow counted only two available rentals and displayed a price range of $4,216 to $12,113. It also reported a one-bedroom average of $4,333 and a four-bedroom average of $12,174.

The wide difference between bedroom categories illustrates how a small number of large properties can affect the average for all property types. It also helps explain Glenvar Heights’ considerable monthly and annual rent movements.

Zillow showed a $509 increase from the preceding month but a $3,043 decrease from the previous year. Such volatility is unlikely to reflect uniform changes across every rental property in the area. It is more likely to reflect substantial changes in the composition of the rentals captured by Zillow.

Glenvar Heights’ result should therefore be treated as a current-inventory estimate rather than a stable measure of typical neighborhood rent.

6. Coral Gables Had an Average Rent of $3,850

Zillow Average Rent: $3,850 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 344
Month-Over-Month Change: Down $50
Year-Over-Year Change: Down $50
Comparison With Miami: $650 higher, or approximately 20% above the Miami average

Coral Gables had an average rent of $3,850, placing it moderately above Miami’s citywide benchmark.

Unlike Coral Terrace, Westchester, and Glenvar Heights, the Coral Gables figure was supported by a comparatively broad selection of 344 available rentals. Zillow displayed a price range of $1,400 to $85,000, with 126 properties in the $5,000-and-above category.

The community contains a varied mix of apartments, condominiums, townhouses, and high-value single-family homes. Smaller rental units help moderate the overall average, while luxury properties raise the upper end of the market.

Coral Gables also benefits from an established commercial center, employment activity, educational institutions, restaurants, retail areas, and access to other parts of Miami-Dade County. These factors can support renter demand and help maintain a premium over Miami overall.

The average declined by only $50 during both the latest month and the preceding year. Compared with markets experiencing four-figure changes, Coral Gables’ relatively modest movement suggests greater stability in the composition of its available inventory.

7. Miami Beach Had an Average Rent of $3,800

Zillow Average Rent: $3,800 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 2,269
Month-Over-Month Change: Down $50
Year-Over-Year Change: Up $500
Comparison With Miami: $600 higher, or approximately 19% above the Miami average

Miami Beach recorded a Zillow average rent of $3,800. Its average was slightly below Coral Gables but remained approximately 19% higher than Miami’s citywide figure.

Zillow counted 2,269 available rentals, making Miami Beach the largest local dataset in the ranking. Its reported rental range extended from $300 to $475,000, reflecting an unusually diverse market that includes small apartments, conventional condominiums, luxury waterfront units, large homes, and exceptionally expensive listings.

Zillow placed 825 rentals in the $5,000-and-above price category. However, the market also contained hundreds of properties priced below $3,000. This broad distribution explains why the overall average remained below $4,000 despite the presence of extremely expensive properties.

Miami Beach rents are influenced by coastal access, waterfront inventory, tourism-related demand, condominium supply, international interest, and proximity to hospitality and entertainment employment. Differences between older inland buildings and newer waterfront properties also create substantial variation within the market.

The average decreased by $50 from the previous month but increased by $500 from one year earlier. The annual increase was one of the strongest among the larger and more representative rental markets in the ranking.

8. South Miami Had an Average Rent of $3,000

Zillow Average Rent: $3,000 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 67
Month-Over-Month Change: Down $25
Year-Over-Year Change: Down $630
Comparison With Miami: $200 lower, or approximately 6% below the Miami average

South Miami’s average rent of $3,000 was close to Miami’s citywide figure but approximately $200 lower.

Zillow reported a rental range of $1,600 to $18,000 and counted 67 available rentals. Sixteen properties were priced at $5,000 or more, while much of the inventory was concentrated between approximately $1,600 and $3,500.

The range reflects a combination of apartments and more expensive family-sized properties. The availability of studios and smaller units helps keep the overall average near $3,000, even though larger homes can command substantially higher rents.

South Miami’s access to retail, employment, transportation routes, healthcare facilities, educational institutions, and surrounding residential areas supports rental demand. At the same time, its larger share of mid-market inventory keeps its overall average below luxury-oriented communities such as Key Biscayne and Pinecrest.

Zillow reported only a $25 monthly decline but a $630 year-over-year decrease. This may indicate that the average has adjusted downward from a period when the available inventory contained a higher concentration of expensive properties.

9. Fountainbleau Had an Average Rent of $2,400

Zillow Average Rent: $2,400 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 245
Month-Over-Month Change: Down $100
Year-Over-Year Change: Down $100
Comparison With Miami: $800 lower, or 25% below the Miami average

Zillow spells the market name Fountainbleau on its Rental Manager page. Its reported average rent was $2,400, making it one of the more affordable areas in the ranking.

The figure was supported by 245 available rentals, providing a substantially stronger sample than the averages for Coral Terrace, Westchester, Glenvar Heights, and Kendall.

Zillow’s inventory was heavily concentrated around the middle of the market. The largest price categories were between approximately $2,100 and $2,500, while only three rentals were in the $5,000-and-above category.

Bedroom-specific averages also followed a relatively consistent progression:

  • Studios averaged $1,890.

  • One-bedroom rentals averaged $2,000.

  • Two-bedroom rentals averaged $2,400.

  • Three-bedroom rentals averaged $3,000.

  • Four-bedroom rentals averaged $4,500.

This balanced distribution makes Fountainbleau’s overall figure less vulnerable to distortion from a small number of luxury properties. Its inland location and relatively large supply of conventional apartments and condominiums also help explain why its average was 25% below Miami’s.

Zillow reported declines of $100 over both the latest month and the preceding year, suggesting moderate downward movement rather than the extreme volatility observed in smaller markets.

10. Kendall Had an Average Rent of $2,078

Zillow Average Rent: $2,078 per month
Reporting Date: June 25, 2026
Measurement: Average rent for all bedrooms and all property types
Available Rentals: 4
Month-Over-Month Change: Up $78
Year-Over-Year Change: Up $103
Comparison With Miami: $1,122 lower, or approximately 35% below the Miami average

Kendall had the lowest Zillow average in the ranking at $2,078 per month.

Zillow reported a rental price range of $1,800 to $4,750 and counted four available rentals. Its bedroom-specific averages were $1,941 for one-bedroom properties, $2,066 for two-bedroom properties, and $2,460 for three-bedroom properties.

These figures indicate that the available inventory was concentrated in a lower price tier than Miami overall. Kendall’s inland location, greater distance from Miami’s most expensive waterfront districts, and availability of conventional multifamily housing may help keep rents below the citywide benchmark.

The average increased by $78 from the previous month and by $103 from one year earlier. Although those movements were relatively modest, the four-property sample means a single new or removed listing could still materially affect the reported average.

Kendall appears meaningfully more affordable than Miami based on Zillow’s current data. However, the precise 35% difference should not be assumed to apply equally across every bedroom category or property type.

Luxury Inventory Drives the Highest Averages

The ranking shows a clear divide between luxury-oriented markets and communities with larger supplies of conventional rental housing.

Key Biscayne and Pinecrest had substantial numbers of rentals priced above $5,000. Their overall averages were also affected by large houses and high-end properties with asking rents extending into the tens of thousands of dollars.

Coral Terrace, Westchester, and Glenvar Heights also reported high averages, but those results were based on only one or two rentals. Their positions in the ranking are therefore less reliable indicators of broad market conditions.

Coral Gables and Miami Beach had hundreds or thousands of available rentals across a much wider range of prices. Although both contain significant luxury inventory, their supply of smaller and less expensive units kept their overall averages below $4,000.

Fountainbleau’s inventory was concentrated around $2,100 to $2,500, making its average more representative of a conventional middle-market rental area.

Sample Size Matters When Comparing Neighborhoods

The available-rental counts differed substantially:

  • Miami had 7,905 rentals.

  • Miami Beach had 2,269.

  • Coral Gables had 344.

  • Fountainbleau had 245.

  • Key Biscayne had 174.

  • Pinecrest had 76.

  • South Miami had 67.

  • Kendall had four.

  • Westchester had two.

  • Glenvar Heights had two.

  • Coral Terrace had one.

An average based on hundreds or thousands of properties is generally more informative than one based on one or two rentals. Large differences in inventory also mean the ten figures do not have equal statistical weight.

The high averages for Coral Terrace and Westchester should not be interpreted as proof that every comparable rental in those communities costs more than one in Miami Beach or Coral Gables. They reflect the properties captured by Zillow at the reporting date.

Why Several Well-Known Miami Neighborhoods Are Missing

Zillow does not publish a directly comparable 2026 Rental Manager average for every Miami neighborhood.

Prominent districts such as Brickell, Downtown, Wynwood-Edgewater, and Little Havana may have Zillow listings or housing-market pages without a current neighborhood-level average using the same all-bedroom, all-property measurement.

Those neighborhoods were excluded because manually averaging visible listings would produce a different methodology from Zillow’s published figures. Visible properties may not represent Zillow’s complete rental dataset, and a simple arithmetic calculation would not necessarily match Zillow Rental Manager’s methodology.

Using figures from other platforms would also introduce inconsistent measurements. Different providers may report median asking rent, average apartment rent, one-bedroom rent, listing rent, or modeled typical rent.

Methodology and Limitations

This analysis was prepared on June 27, 2026, using Zillow as the sole source for rent amounts, rental-market changes, inventory counts, and the Miami citywide comparison.

Measurement Used

Every ranked figure is Zillow Rental Manager’s average rent for all bedrooms and all property types as of June 25, 2026.

The ranking does not combine Zillow Rental Manager averages with:

  • Median rents

  • Zillow Observed Rent Index figures

  • One-bedroom-only averages

  • Rents reported by other property platforms

  • Independently calculated listing averages

  • Existing-tenant contract rents

Ranking Method

The communities were ranked from the highest to the lowest Zillow average rent.

Dollar differences were calculated by subtracting Miami’s $3,200 average from each local average. Percentage differences were calculated relative to the Miami average and rounded to the nearest whole percentage point.

Geographic Scope

The list includes communities within the wider Miami area rather than only formal neighborhoods inside the City of Miami. This approach was necessary because Zillow publishes its Rental Manager data across different geographic units, including municipalities, census-designated places, and unincorporated communities.

Data Limitations

Zillow rental figures are dynamic and may change when listings are added, removed, or repriced. Small markets are especially vulnerable to rapid changes.

The all-bedroom, all-property measurement combines units of different sizes and housing types. A market with many large houses may therefore have a higher average than one dominated by studios and apartments.

Zillow’s reported available-rental count may also differ from the number of listings a user sees during a separate search. The figures in this article reproduce the data Zillow displayed on each Rental Manager market page at the stated reporting date.

The Bottom Line

Zillow’s June 25, 2026 data placed Miami’s average rent at $3,200 per month.

Among the ten Miami-area markets examined, Key Biscayne had the highest average at $8,800, followed by Coral Terrace at $7,655 and Pinecrest at $6,000. Kendall had the lowest displayed average at $2,078, while Fountainbleau averaged $2,400.

The results reveal genuine differences in property type, location, and luxury inventory, but they also demonstrate the importance of sample size. Miami Beach, Coral Gables, Fountainbleau, and Key Biscayne had relatively substantial rental inventories. By comparison, several of the highest averages were based on only one or two available properties.

Readers should therefore use the figures as current Zillow market indicators rather than definitive estimates of the price of every rental within each community.

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