The Miami rental market has seen a massive increase in rentals prices over the last 5 years of up to 45%.
This demand has kept occupancy rates at around 87% in areas such and Brickell and Downtown and it all goes to making the argument that its is now cheaper to buy in highrise condo’s than to rent.
If you are trying to rent now in the key areas such as South beach, Miami beach, Brickell, Downtown etc you will need to be ready to move fast.
Good apartments rent in hours, not days or weeks with people regularly getting the asking price or more.
Our advice is to use a professional agent, they will save you time and money. The trick is to find one!