Miami Florida Area Rents Keep On Going - Mike In Boca - South Florida Rental Market

 


January 24, 2023

South Florida Rent Data

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I have noticed some of the recent construction in our area has been mixed-use retail and rental communities. 

The real estate brokerage company Redfin recently published information regarding the rental market that showed rents continuing to increase. 

The median US asking rent rose by 4.8% in December 2022 over the previous year, according to the Redfin report. 

It was noted in the Redfin report that this is the smallest year-over-year increase in rent prices since July 2021. 

According to this study the local South Florida region of Miami saw year-over-year rents increase by 3.9% to a median ask rent price of $3,157 per month in December 2022.

If you are a real estate investor who is looking to sell or purchase an investment property or lease out your current property, contact me and let’s see how I can help you. 

Schedule an appointment on my calendar CLICK MIKE IN BOCA CALENDAR

To view Boca Raton Rentals CLICK BOCA RATON RENTALS 


Michael Friedman

Broker-Associate, Realtor

eXp Realty


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