Rental market snapshot for Coral Way, Miami
Coral Way rental market summary
The rental market in Coral Way, Florida is showing signs of growth. In July 2023, there were 463 new listings, indicating an increase in rental activity. The median rent for the month of July 2023 was $3,200, which is 3.0% lower than the median rent in June 2023, but 8.6% higher than the median rent in July 2022. This suggests that rental prices are slowly increasing in Coral Way, Florida.
Overall, the rental market in Coral Way, Florida appears to be healthy and growing. The number of new listings is increasing, and the median rent is slowly but steadily increasing. This is good news for both renters and landlords, as it indicates that the rental market is stable and growing.
Median rent for all residential properties in Coral Way
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The most expensive listings and top trending buildings in Coral Way
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1930 SW 12th Ave | $14,000 | 5 / 3.0 |
| 745 SW 22nd Rd | $10,500 | 4 / 4.0 |
| 3653 SW 26th St | $10,000 | 4 / 3.5 |
| 3665 SW 26th St | $10,000 | 4 / 3.5 |
| 3577 SW 23rd St | $9,500 | 4 / 4.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Mill Creek Residential Trust (new) | $2,952 |
| Panco Management | $2,697 |
| RKW Residential | $2,650 |
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Bedroom Breakdown in Coral Way
Coral Way neighborhood apartments rents
The rental market for studios in Coral Way, Florida is showing signs of growth. In July 2023, there were 9 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $2,585, which is a 5.0% increase from the median rent in June 2023. This suggests that demand for studio rentals is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Coral Way, Florida is showing signs of growth. In July 2023, there were 24 new 1-bedroom listings, a 1.5% increase in median rent from June 2023 to July 2023, and a median rent of $2,836. This indicates that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in Coral Way, Florida is showing signs of growth. In July 2023, there were 23 new 2-bedroom listings, which is a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $3,399, which is a 2.6% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Coral Way, Florida is looking positive.