Matrix Multifamily Miami Report-June 2026 June 24, 2026

Miami holds steady

The average advertised asking rent was $2,526 through April, marking a 0.2 percent increase on a T3 basis, mirroring the national trend. South Florida developers added 2,649 units, or 0.7 percent of existing stock, in the first four months of 2026, outpacing the U.S. by 20 bps.