The Best And Worst Months To Look For Apartments In Miami

The Best And Worst Months To Look For Apartments In Miami

Don't go apartment hunting in May never again!


Condos in Brickell and Downtown Miami
Courtesy of Michelle Baumgard

A common question for Miami renters has to be regarding the ideal times to be searching for their next apartment or condo.

Knowing the seasonal differences in asking price can help those with flexible leases time their next apartment swap. r and January. Reading  data study where they "explore the monthly differences in median one-bedroom asking rents in ten distinct metro areas."

Their Miami findings are below, showing the worst time to rent is May and June and best time to rent is between September and January.


The most extreme difference occurs in Miami, with a 4.5% premium for only two months in May and June, then a discount of about 2% from September all the way through January. Again, these representing asking rent prices, so we shouldn't be too quick to jump to conclusions, but there must be some compelling reasons to cause such a huge seasonal shift.

Obviously, the Miami area contains a lot of seasonal housing and short-term rentals, but all of our data draws from landlords seeking 12-month or longer leases. Still, the supply and demand dynamics of short-term housing or even Airbnb offerings must have some causal impact on the long term rental market. 

I love to do rentals, call me next time you are looking to rent at  305-785-1688


Gustavo Blachman Headshot
Author:
Phone: 786-229-8009
Dated: June 10th 2016
Views: 326
About Gustavo: PROFESSIONAL QUALIFICATIONS • Florida Licensed Real Estate Broker – Owner of Terrabella Realt...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Porque Invertir En El Sur De La Florida - El área del gran Miami una de las
Las Funciones De Un Agente De Bienes Raices - El papel de un agente de bienes ra
5 Reasons Why Homeownership Is A Good Financial Investment - According to a recent report by
ESTADISTICAS DE BROWARD DE OCTUBRE EN LO REFERENTE A LA VENTA DE CASAS Y APARTAMENTOS - Son varios los factores que influye

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Terrabella Realty
17820 West Dixie Hwy
North Miami Beach, FL
786-801-2691
305-402-0112