Long-term Rental Rates — April 2026 · ZIPs: 33132,33136
Local market data by Estaite
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.
What is the current monthly rent range for Downtown Miami, FL as of April 2026?
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.
Which segment in Downtown Miami, FL had the biggest year-over-year rent decrease in April 2026 and was that decline broad?
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.
Which segment in Downtown Miami, FL showed the strongest annual rent growth in April 2026 and is it widespread or concentrated?
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.
What is the most affordable rental option in Downtown Miami, FL as of April 2026?
The most affordable option is a 1BR apartment at $2,069 per month in Downtown Miami, FL as of April 2026.
Downtown Miami, FL
April 2026
33132,33136
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,966 – $2,173
-2.33%
-6.61%
2-Bedroom
$2,990 – $3,338
-1.75%
4.26%
3-Bedroom
$3,292 – $3,712
-2.65%
3.31%
4-Bedroom
$3,842 – $4,120
1.03%
1.82%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,773 – $2,986
6.98%
3.16%
2-Bedroom
$3,708 – $3,977
5.22%
2.85%
3-Bedroom
$4,547 – $4,976
-6.52%
-8.28%
4-Bedroom
$3,896 – $4,179
0.58%
0.45%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,024 – $2,127
0.51%
2.92%
2-Bedroom
$2,626 – $2,788
0.50%
2.93%
3-Bedroom
$3,472 – $3,724
0.38%
1.59%
4-Bedroom
$4,140 – $4,440
0.40%
0.79%
Data updated: June 2, 2026
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).
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.
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.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$2,069
$3,164
$3,502
$3,981
March 2026
$2,162
$3,309
$3,596
$3,941
February 2026
$2,318
$3,311
$3,651
$3,937
January 2026
$2,807
$3,738
$3,816
$3,951
December 2025
$2,824
$3,566
$3,753
$3,994
November 2025
$2,906
$3,630
$3,789
$4,046
October 2025
$2,855
$3,638
$3,851
$4,078
September 2025
$2,910
$3,760
$4,025
$4,096
August 2025
$2,374
$3,238
$3,765
$4,101
July 2025
$2,362
$3,132
$3,785
$4,072
June 2025
$2,287
$3,299
$3,696
$4,030
May 2025
$2,280
$3,215
$3,540
$3,967
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$2,879
$3,843
$4,762
$4,037
March 2026
$2,687
$3,651
$4,770
$3,981
February 2026
$2,701
$3,713
$5,082
$4,056
January 2026
$2,786
$3,834
$5,361
$4,100
December 2025
$2,744
$3,691
$5,047
$4,072
November 2025
$2,771
$3,739
$5,139
$4,155
October 2025
$2,743
$3,852
$5,385
$4,138
September 2025
$2,780
$3,790
$5,249
$4,162
August 2025
$2,732
$3,618
$5,091
$4,166
July 2025
$2,784
$3,637
$5,258
$4,094
June 2025
$2,817
$3,684
$5,058
$4,134
May 2025
$2,771
$3,745
$4,892
$4,043
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$2,076
$2,707
$3,598
$4,290
March 2026
$2,069
$2,694
$3,585
$4,273
February 2026
$2,072
$2,702
$3,610
$4,312
January 2026
$2,073
$2,710
$3,653
$4,360
December 2025
$2,101
$2,736
$3,688
$4,430
November 2025
$2,114
$2,754
$3,715
$4,462
October 2025
$2,119
$2,761
$3,725
$4,470
September 2025
$2,119
$2,762
$3,727
$4,478
August 2025
$2,089
$2,756
$3,721
$4,470
July 2025
$2,075
$2,739
$3,694
$4,438
June 2025
$2,046
$2,712
$3,649
$4,384
May 2025
$2,032
$2,667
$3,587
$4,310
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