Miami Metro is the 9th largest multifamily market with 326,920 completed units and 249,622 units in development, 34,711 of which have already broken ground, as of December 2021.
Miami Metro Multifamily Market Summary – December 2021
New lease asking rents are at $2,133, up 23.5%▲
from the previous year placing Miami Metro at
4th overall in year-over-year rent growth.