Downtown Miami, FL · Miami metro
September 2026
33132,33136
Long-term Rental Rates
Long-term rental rates for Downtown Miami (33132,33136), in the Miami metro area, as of September 2026.
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,283 – $2,523 | 4.33% | 8.83% |
| 2-Bedroom | $3,017 – $3,368 | 13.55% | 3.93% |
| 3-Bedroom | $3,695 – $4,167 | 0.84% | 7.61% |
| 4-Bedroom | $4,012 – $4,303 | 0.09% | 1.41% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,821 – $3,056 | -0.49% | 6.54% |
| 2-Bedroom | $3,712 – $4,061 | -0.40% | 6.37% |
| 3-Bedroom | $5,183 – $5,672 | 1.17% | 8.81% |
| 4-Bedroom | $4,191 – $4,559 | 3.38% | 3.23% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,116 – $2,256 | 0.43% | 3.44% |
| 2-Bedroom | $2,813 – $3,029 | 2.85% | 5.76% |
| 3-Bedroom | $3,410 – $3,709 | -3.60% | -4.34% |
| 4-Bedroom | $4,280 – $4,591 | -0.15% | -0.88% |
In the Downtown Miami (33132, 33136) rental market, 1-bedroom apartments experienced a sharp monthly increase, with median rent reaching $2,538 after a 7.7% gain in June 2026. This jump marks the strongest short-term growth among apartment segments in Downtown Miami (33132, 33136) for the period, pointing to heightened demand for smaller rental units.
Across Downtown Miami (33132, 33136), 3-bedroom condos commanded a median rent of $5,407, outperforming 3-bedroom apartments at $3,923 by $1,484. This substantial premium highlights how the condo/townhome segment compares to comparable-sized apartments in Downtown Miami (33132, 33136).
June data shows 4-bedroom single-family homes in the area hit a median rent of $4,398 after posting a 1.57% increase over the past month. These shifts shape Downtown Miami (33132, 33136) rental trends for larger households, particularly as apartment and condo increases were also evident in the 4-bedroom category.