Market Report
SE Florida Rental Market Report — Week of June 9, 2026
June 8, 2026
Market Snapshot — Week 24, 2026
A gradual inventory build continues as we move into the summer months. Total active listings across South Florida climbed to 11,677 units — the highest reading since January.
Highlights
- Fisher Island remains effectively sold out at the ultra-luxury tier; one unit came to market this week at $35,000/month and received four qualified inquiries within 48 hours.
- Coral Gables single-family rental inventory rose 6% week-over-week as homeowners list properties ahead of back-to-school season relocation demand.
- Edgewater mid-rises saw aggressive pricing concessions — one month free on a 12-month lease is now standard among buildings with greater than 10% vacancy.
Rate Environment
Mortgage rates remain elevated, keeping would-be buyers in the rental pool longer than typical. This structural demand is the primary support for rental pricing; without it, the normal summer softening would be more pronounced.
Data sourced from Miami Association of Realtors MLS.