09/05/2026
If buying has been your longer-term goal, conditions are starting to move your way even though renting still costs considerably less each month right now.
There’s a little more breathing room for renters across South Florida. The median asking rent in the Miami–Fort Lauderdale–West Palm Beach area fell to $2,279 in July, down 1.3% from last year. Renting a starter home still costs substantially less each month than buying one, but there’s an i...