Matrix Multifamily Miami Report-June 2025 July 02, 2025

South Florida’s Stability

Advertised asking rents in South Florida were up 0.1 percent on a T3 basis through April, to $2,500, 10 bps below the U.S. figure. Occupancy rates in stabilized properties decreased to 95.4 percent, down 10 bps but still above the nation’s 94.4 percent average.