Zumper: Rents up in Miami

by Timothy Inklebarger


Median rents for both one- and two-bedroom apartments across the nation grew by 0.3 percent in February, according to a report by online rental listing service Zumper.

The bump in rents put the median cost of a one-bedroom apartment at $1,220 and of a two-bedroom apartment at $1,464.

Year-over-year, the median price of a one-bedroom apartment was flat, while two-bedroom apartments were up 0.7 percent.

Miami outpaced the national trend, jumping 1.1 percent for a one-bedroom to $1,760 and 1.3 percent for a two-bedroom at $2,280. Year-over-year, the median price for a one- and two-bedroom apartment was flat and down 5 percent, respectively.

The price of the one-bedroom in February put Miami at the No. 9 spot for most expensive city in which to rent.

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