03/24/2022
Miami and Fort Lauderdale both landed on a list of America’s most expensive cities to rent in a recent national rent report, placing 5th and 10th, respectively, and listed as costlier than metropolitan areas like Atlanta, Dallas, and Nashville.
Miami, the most expensive real estate market in Florida, holds a medium rent price of $2,340 for a one-bedroom apartment, while Ft. Lauderdale has a one-bedroom median listing at $1,940.
Rent prices reached an all-time national high to kick off the new year, rising to $1,374 in January, reflecting a 12 percent year-over-year increase. The median two-bedroom rose to $1,698, a 14.1 percent year-over-year rise.
Median rent for one-bedrooms rose relative to December by 0.6 percent, snapping what had been a four-month streak of steadily declining rent growth, the report states.
Always at the time of buying or selling, it is better that you have the faithful confidence in your Real Estate Advisor.
Itza Carolina Surga , Realtor.
407-435-307
