Downtown Miami, FL
June 2026
33132,33136
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,399 – $2,678 | 7.70% | 6.36% |
| 2-Bedroom | $3,069 – $3,426 | -2.32% | 1.20% |
| 3-Bedroom | $3,688 – $4,158 | 1.05% | 6.98% |
| 4-Bedroom | $3,949 – $4,235 | 1.46% | 1.54% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,913 – $3,252 | 0.74% | 8.20% |
| 2-Bedroom | $3,663 – $3,984 | 1.76% | 3.70% |
| 3-Bedroom | $5,218 – $5,596 | 3.43% | 2.51% |
| 4-Bedroom | $4,016 – $4,308 | 2.44% | -0.44% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,072 – $2,208 | 1.70% | 3.92% |
| 2-Bedroom | $2,702 – $2,869 | 1.65% | 2.67% |
| 3-Bedroom | $3,508 – $3,763 | -0.08% | -0.27% |
| 4-Bedroom | $4,244 – $4,551 | 1.57% | 0.29% |
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.