A budget of $1,500 per month gets you fewer than 500 square feet in Miami, according to a report by RentCafe. RentCafe’s analysis of 200 cities was based on data from Yardi, a company that provides real estate intelligence, and was current as of March 2026. According to RentCafe, the national average rent for an apartment was $1,740 per month, while the average apartment was about 835 sq. ft.
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