{
  "schema_version": "1.0",
  "submarket": {
    "slug": "downtown-miami-fl",
    "name": "Downtown Miami",
    "state": "FL",
    "city": "MIAMI",
    "cbsa": "Miami-Fort Lauderdale-West Palm Beach",
    "zip_codes": [
      "33132",
      "33136"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:05.567Z",
    "last_updated_at": "2026-06-02T13:25:08.907Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 2069,
        "low": 1966,
        "high": 2173,
        "mom_pct": -2.3341368078175893,
        "yoy_pct": -6.605798045602606
      },
      "2br": {
        "median": 3164,
        "low": 2990,
        "high": 3338,
        "mom_pct": -1.7494791666666665,
        "yoy_pct": 4.257916666666667
      },
      "3br": {
        "median": 3502,
        "low": 3292,
        "high": 3712,
        "mom_pct": -2.6479999999999997,
        "yoy_pct": 3.31
      },
      "4br": {
        "median": 3981,
        "low": 3842,
        "high": 4120,
        "mom_pct": 1.035,
        "yoy_pct": 1.8150000000000002
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 2879,
        "low": 2773,
        "high": 2986,
        "mom_pct": 6.981186440677966,
        "yoy_pct": 3.161694915254237
      },
      "2br": {
        "median": 3843,
        "low": 3708,
        "high": 3977,
        "mom_pct": 5.2192592592592595,
        "yoy_pct": 2.850740740740741
      },
      "3br": {
        "median": 4762,
        "low": 4547,
        "high": 4976,
        "mom_pct": -6.522380952380952,
        "yoy_pct": -8.282380952380954
      },
      "4br": {
        "median": 4037,
        "low": 3896,
        "high": 4179,
        "mom_pct": 0.5842857142857143,
        "yoy_pct": 0.45142857142857146
      }
    },
    "single_family": {
      "1br": {
        "median": 2076,
        "low": 2024,
        "high": 2127,
        "mom_pct": 0.5142857142857143,
        "yoy_pct": 2.9185714285714286
      },
      "2br": {
        "median": 2707,
        "low": 2626,
        "high": 2788,
        "mom_pct": 0.5,
        "yoy_pct": 2.9299999999999997
      },
      "3br": {
        "median": 3598,
        "low": 3472,
        "high": 3724,
        "mom_pct": 0.375,
        "yoy_pct": 1.5899999999999999
      },
      "4br": {
        "median": 4290,
        "low": 4140,
        "high": 4440,
        "mom_pct": 0.39999999999999997,
        "yoy_pct": 0.785
      }
    }
  },
  "vacancy": 4.0794,
  "days_on_market": {
    "apartment": 29,
    "condo_townhome": 42,
    "single_family": 30
  },
  "ai_summary": [
    {
      "headline": "1BR condos jump 6.98% MoM to $2,879",
      "body": "In the Downtown Miami (33132, 33136) rental market, 1-bedroom condo/townhome units saw a notable month-over-month gain of 6.98%, reaching $2,879 in April 2026. This was the sharpest monthly rise among all segments, suggesting heightened interest for 1BR condos in Downtown Miami (33132, 33136)."
    },
    {
      "headline": "2BR apartments lead YoY gains at 4.26%",
      "body": "For year-over-year changes, 2-bedroom apartments in Downtown Miami (33132, 33136) delivered the strongest annual increase at 4.26%, with a median rent of $3,164. This outperformed 2BR condos and single-family homes, which posted YoY gains of 2.85% and 2.93% respectively."
    },
    {
      "headline": "3BR condo rents fall 8.28% YoY",
      "body": "Despite other segments showing growth, Downtown Miami (33132, 33136) rental trends highlight a significant drop for 3-bedroom condo/townhome units, which declined 8.28% year-over-year to $4,762. Both 3BR apartments and single-family homes saw modest YoY increases, contrasting this sharp decrease in the condo segment."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Downtown Miami, FL range from $2,069 to $4,762 per month depending on property type and bedroom count.",
      "The segment with the largest year-over-year change is 3BR condos/townhomes, which saw rents decrease by 8.28% in Downtown Miami, FL.",
      "For 2BR units, median rent is $3,164 for apartments compared to $3,843 for condos/townhomes and $2,707 for single-family homes in Downtown Miami, FL."
    ],
    "qa": [
      {
        "question": "What is the current monthly rent range for Downtown Miami, FL as of April 2026?",
        "answer": "The monthly rent range in Downtown Miami, FL is between $2,069 for 1BR apartments and $4,762 for 3BR condos/townhomes as of April 2026."
      },
      {
        "question": "Which segment in Downtown Miami, FL had the biggest year-over-year rent decrease in April 2026 and was that decline broad?",
        "answer": "The largest year-over-year decline in Downtown Miami, FL was seen in 3BR condos/townhomes, where rents dropped 8.28% in April 2026; this decline is not broad across condos/townhomes but limited to the 3BR segment."
      },
      {
        "question": "Which segment in Downtown Miami, FL showed the strongest annual rent growth in April 2026 and is it widespread or concentrated?",
        "answer": "2BR apartments in Downtown Miami, FL had the biggest year-over-year rent increase at 4.26% in April 2026, and apartments also saw positive YoY growth in 3BR and 4BR segments, indicating broad performance across the property type."
      },
      {
        "question": "What is the most affordable rental option in Downtown Miami, FL as of April 2026?",
        "answer": "The most affordable option is a 1BR apartment at $2,069 per month in Downtown Miami, FL as of April 2026."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 2069,
          "2br": 3164,
          "3br": 3502,
          "4br": 3981
        },
        "condo_townhome": {
          "1br": 2879,
          "2br": 3843,
          "3br": 4762,
          "4br": 4037
        },
        "single_family": {
          "1br": 2076,
          "2br": 2707,
          "3br": 3598,
          "4br": 4290
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 2162,
          "2br": 3309,
          "3br": 3596,
          "4br": 3941
        },
        "condo_townhome": {
          "1br": 2687,
          "2br": 3651,
          "3br": 4770,
          "4br": 3981
        },
        "single_family": {
          "1br": 2069,
          "2br": 2694,
          "3br": 3585,
          "4br": 4273
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 2318,
          "2br": 3311,
          "3br": 3651,
          "4br": 3937
        },
        "condo_townhome": {
          "1br": 2701,
          "2br": 3713,
          "3br": 5082,
          "4br": 4056
        },
        "single_family": {
          "1br": 2072,
          "2br": 2702,
          "3br": 3610,
          "4br": 4312
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 2807,
          "2br": 3738,
          "3br": 3816,
          "4br": 3951
        },
        "condo_townhome": {
          "1br": 2786,
          "2br": 3834,
          "3br": 5361,
          "4br": 4100
        },
        "single_family": {
          "1br": 2073,
          "2br": 2710,
          "3br": 3653,
          "4br": 4360
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 2824,
          "2br": 3566,
          "3br": 3753,
          "4br": 3994
        },
        "condo_townhome": {
          "1br": 2744,
          "2br": 3691,
          "3br": 5047,
          "4br": 4072
        },
        "single_family": {
          "1br": 2101,
          "2br": 2736,
          "3br": 3688,
          "4br": 4430
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 2906,
          "2br": 3630,
          "3br": 3789,
          "4br": 4046
        },
        "condo_townhome": {
          "1br": 2771,
          "2br": 3739,
          "3br": 5139,
          "4br": 4155
        },
        "single_family": {
          "1br": 2114,
          "2br": 2754,
          "3br": 3715,
          "4br": 4462
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 2855,
          "2br": 3638,
          "3br": 3851,
          "4br": 4078
        },
        "condo_townhome": {
          "1br": 2743,
          "2br": 3852,
          "3br": 5385,
          "4br": 4138
        },
        "single_family": {
          "1br": 2119,
          "2br": 2761,
          "3br": 3725,
          "4br": 4470
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 2910,
          "2br": 3760,
          "3br": 4025,
          "4br": 4096
        },
        "condo_townhome": {
          "1br": 2780,
          "2br": 3790,
          "3br": 5249,
          "4br": 4162
        },
        "single_family": {
          "1br": 2119,
          "2br": 2762,
          "3br": 3727,
          "4br": 4478
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 2374,
          "2br": 3238,
          "3br": 3765,
          "4br": 4101
        },
        "condo_townhome": {
          "1br": 2732,
          "2br": 3618,
          "3br": 5091,
          "4br": 4166
        },
        "single_family": {
          "1br": 2089,
          "2br": 2756,
          "3br": 3721,
          "4br": 4470
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 2362,
          "2br": 3132,
          "3br": 3785,
          "4br": 4072
        },
        "condo_townhome": {
          "1br": 2784,
          "2br": 3637,
          "3br": 5258,
          "4br": 4094
        },
        "single_family": {
          "1br": 2075,
          "2br": 2739,
          "3br": 3694,
          "4br": 4438
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 2287,
          "2br": 3299,
          "3br": 3696,
          "4br": 4030
        },
        "condo_townhome": {
          "1br": 2817,
          "2br": 3684,
          "3br": 5058,
          "4br": 4134
        },
        "single_family": {
          "1br": 2046,
          "2br": 2712,
          "3br": 3649,
          "4br": 4384
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 2280,
          "2br": 3215,
          "3br": 3540,
          "4br": 3967
        },
        "condo_townhome": {
          "1br": 2771,
          "2br": 3745,
          "3br": 4892,
          "4br": 4043
        },
        "single_family": {
          "1br": 2032,
          "2br": 2667,
          "3br": 3587,
          "4br": 4310
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/downtown-miami-fl/",
    "self": "https://data.estaite.com/feeds/downtown-miami-fl.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}