Helpful news and resources for Florida landlords.
In South Florida, the rental market remains strong. This is particularly true in Miami, where the rental market has experienced a tremendous increase in rental prices over the last five years. According to RentJungle, the average rental price for an apartment in Miami is $2072. Over the last six months, the average apartment rent in Miami has increased by five percent. Among the most expensive neighborhoods in Miami in which to rent are South Coconut Grove and Downtown Miami.
Recognized as a global destination favored for its beaches and nightlife, Miami has a wealth of amenities to offer not only travelers but also residents. Recently, Downtown Miami has evolved into a 24-hour city that provides residents with the opportunity to enjoy a vibrant nightlife scene, extensive cultural opportunities, and the ability to live and work near it all. As a result, the demand for rental properties in Downtown Miami has significantly increased.
We took the time to research and pull together some important links for you. Check back here often as we’re updating our state-specific summaries to give you information straight from the Office State Statutes!