Matrix Multifamily Miami Report-February 2022 March 02, 2022

South Florida is a National Standout

Miami rents grew by 23.5 percent year-over-year through December, with the metro ranking third for rent growth nationally. The average rent hit $2,133, while the U.S. rate clocked in at $1,594. Investors traded $7.4 billion in multifamily assets in 2021, a regional record.