Rental Affordability

s Soar — Miami Beach Brokers South Florida real estate market commentary by Christopher Lazaro Sunny Isles Beach FL

Miami Rents Far Above US

A current market report showed typical US rent at $1.9K, while Miami metro rents ran significantly higher, intensifying pressure on household budgets. The article said Miami’s housing costs kept squeezing residents, with rent burdens making it harder for many people to stay in the region. High rents also strained Miami’s local economy, as housing costs...