Pavilion from the Ocean

Pavilion from the Ocean

Welcome to

This forum, by owners for owners, provides useful information for owners to view and discuss.

This blog does not belong nor represents the views of the Pavilon Condo Association

You can subscribe to the blog by entering your email on the upper hand side on the blog. You will then receive an email with a link that you must click on to complete the subscription. Then every time the blog is updated you will receive an email message.

Apartment hunting? Miami-Dade rents rose 9 percent over last month

Feeling the rent squeeze? Chances are you aren’t alone.

Miami-Dade County experienced the highest one-month rental price increases in the nation,

according to a report by Abodo, an apartment rental listing platform. According to Abodo’s report, rents for a one-bedroom apartment in Miami-Dade rose 9 percent between August and September. The average rent on a one-bedroom in Miami now is listed at $1,739, up from $1,599.

But if this is any consolation, rents were higher this spring. According to Abodo’s data, an average one-bedroom in April was $1,870 a month, and rental prices dipped downward until the August low.

Nationally, apartment rental prices this month decreased in high-rent locations such as Los Angeles, San Francisco, San Jose, Boston and Seattle, according to Abodo’s report. Nationwide, the average rent for a one-bedroom in September for $940, up from $932 in August.

Abodo tracks listing prices through its own platform as well as others. For Miami this month, Abodo analyzed 2,965 rental properties.

No comments: