Miami-Fort Lauderdale-West Palm Beach, FL Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Miami-Fort Lauderdale-West Palm Beach, FL
The median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL is $3,400 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $524,102, that rent level prices Miami-Fort Lauderdale-West Palm Beach, FL at a 7.95% gross rental yield — compared with 8.28% across Florida.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Miami-Fort Lauderdale-West Palm Beach, FL rent and rental yield comparison
The current Miami-Fort Lauderdale-West Palm Beach, FL baseline is $3,400 median asking rent and 7.95% gross rental yield. Compare rent, yield, and home values with selected Florida metros, then open a public report or Rental Insights for property-level follow-up.
Tampa-St. Petersburg-Clearwater, FL
Tampa-St. Petersburg-Clearwater, FL median asking rent is $2,399, $1,001 (29.4%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $2,399
- Gross yield
- 8.44%
- Avg home value
- $328,449
Orlando-Kissimmee-Sanford, FL
Orlando-Kissimmee-Sanford, FL median asking rent is $2,400, $1,000 (29.4%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $2,400
- Gross yield
- 7.68%
- Avg home value
- $371,973
Cape Coral-Fort Myers, FL
Cape Coral-Fort Myers, FL median asking rent is $2,200, $1,200 (35.3%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $2,200
- Gross yield
- 8.79%
- Avg home value
- $305,715
North Port-Bradenton-Sarasota, FL
North Port-Bradenton-Sarasota, FL median asking rent is $2,550, $850 (25%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $2,550
- Gross yield
- 8.56%
- Avg home value
- $364,394
Sebring, FL
Sebring, FL median asking rent is $1,650, $1,750 (51.5%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $1,650
- Gross yield
- 9.58%
- Avg home value
- $206,363
Palatka, FL
Palatka, FL median asking rent is $1,500, $1,900 (55.9%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $1,500
- Gross yield
- 11.89%
- Avg home value
- $127,142
Lake City, FL
Lake City, FL median asking rent is $1,795, $1,605 (47.2%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $1,795
- Gross yield
- 10.15%
- Avg home value
- $165,981
Arcadia, FL
Arcadia, FL median asking rent is $1,800, $1,600 (47.1%) lower than the $3,400 median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL.
- Median rent
- $1,800
- Gross yield
- 9.82%
- Avg home value
- $250,255
Miami-Fort Lauderdale-West Palm Beach, FL rent and yield FAQ
Quick answers based on the latest Miami-Fort Lauderdale-West Palm Beach, FL rental listing and transaction data.
What is the average rent in Miami-Fort Lauderdale-West Palm Beach, FL?
As of July 2026, the median asking rent in Miami-Fort Lauderdale-West Palm Beach, FL is $3,400. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Miami-Fort Lauderdale-West Palm Beach, FL?
Miami-Fort Lauderdale-West Palm Beach, FL currently prices at a 7.95% gross rental yield, versus 8.28% across Florida. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Miami-Fort Lauderdale-West Palm Beach, FL market context to property-level screening
Open Rental Insights with Miami-Fort Lauderdale-West Palm Beach, FL selected, then pair the yield signal with investor activity and rental data workflows.