Miami’s Rent Prices Are out of Control

South Florida has become one of the most expensive places to rent, with the avg cost reaching $2,538/mo.
A surge in remote workers and wealthy transplants from higher-cost states have driven up demand.
Many longtime residents have found themselves priced out of neighborhoods they once could afford.
Gentrification has led to displacement of lower-income families in once-affordable areas.
Miami remains an attractive but increasingly unaffordable option for many working-class families.