Published On: Wed, Dec 5th, 2018

Boca Raton Moved Past Miami Beach To Rank As 2nd Priciest City

Boca Raton, FL – The Zumper Miami Metro Report analyzed active listings in November across 19 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Florida one bedroom state median was $1,206 last month.

Cities Ranked By Rent

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The Most Expensive

Miami, FL saw rent drop $40 to $1,800 but remain the priciest city in the metro.

Boca Raton, FL moved up one spot, and past Miami Beach, to rank as the second most expensive city with rent at $1,700.

Miami Beach, FL dropped to third with rent falling $110 to $1,640.

The Least Expensive

Homestead, FL saw rent drop $40 to $940 and continue to rank as the most affordable city.

Lauderhill, FL was second with rent at $1,060.

Hialeah, FL rent dropped 3 spots, and $50 to $1,200, to become the third least expensive in the metro.

Growth Rate

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The Fastest Growing (Y/Y%)

Pembroke Pines, FL had the fastest growing rent since this time last year, up 12.8%.

Davie, FL followed closely behind with rent climbing 12.7%.

Deerfield Beach, FL rent had the third largest year over year growth rate, jumping 8.5%.

The Fastest Growing (M/M%)

West Palm Beach, FL saw rent climb 4.9% last month, making it the fastest growing.

Fort Lauderdale, FL rent had the second largest monthly growth rate, climbing 4.7%.

Pembroke Pines, FL was third with rent up 4.4%.

MiamiMetro

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