Matrix Multifamily Miami Report-Winter 2021 February 18, 2021

Miami multifamily holds steady

Rents in the Miami metro were up 0.4% to $1,704 on a trailing three-month basis as of December, well above the $1,462 U.S. average. As the metro weathers pandemic-driven economic hardships, Miami is considered an example of resilience in the face of adversity.