How much rent can I get for my South Miami home?

Houses and townhomes in South Miami are asking a median $4,675 a month and condos and apartments $2,050, from live BeachesMLS rentals updated daily. The right rent for your home depends on its size, condition, furnishing and exact location; request a free rental analysis and we will price it from the closest comparable leases.

Do you already have a tenant looking for a property like mine in South Miami?

We may. Renters who work with BreakThru Realty tell us the area, the budget, the home type, the furnishing and the move date they need, and we keep those requests on file. When you ask for a rental analysis, an agent checks your property against them before the call and tells you what the records show. A potential match is an introduction, not a signed lease, and nothing about your property reaches a renter until you agree.

I am relocating or bought another home. Should I rent out my South Miami home or sell it?

Compare the two on the numbers. Renting keeps the home and its appreciation but brings the costs of a landlord: the mortgage, taxes, insurance, association dues, repairs and the months between tenants. Selling releases the equity now, and the capital gains exclusion on a primary residence has a time limit once you move out. We price both, the rent from closed leases and the sale from closed sales, and your CPA confirms the tax side. Our guide "Should I Rent or Sell My South Florida Home?" walks through the comparison.

I inherited a home in South Miami. Can I rent it out?

Usually, once the person signing the lease has the legal authority to do it. While an estate is open that is normally the personal representative, so confirm with the estate's attorney before a lease is signed. We price the rent and the sale so the heirs can decide on figures, and we can lease the home while that decision is made.

My South Miami home is vacant. What should I do first?

Price it from closed leases, not from the highest asking rent nearby. Each empty month still costs the mortgage, taxes, insurance and association dues, and a home priced above the leases that closed around it usually sits. Check the insurance too: many policies treat a vacant or tenant occupied home differently, so tell your agent before the tenant moves in.

My home is listed with another agent and has not leased. Can you help?

Read the end date and the cancellation terms in your current listing agreement first; we do not interfere with an active agreement. When it ends, or your agent releases it, we review the rent, the photos, the listing and the applications so far, and tell you plainly what kept it from leasing before it is relisted.

Do you offer property management in South Miami?

Yes. You can lease your South Miami home with us and manage it yourself, or add full management and hand us the day to day as well. Ask for a quote for either service.

How do you screen tenants?

Credit history, verified income, criminal background, eviction history, prior landlord references and identity verification. We also manage the condo or HOA application when your community requires one.

South Miami Property Management & Leasing Services

What Will Your South Miami Property Rent For?

Your rent is set by the leases that closed nearest your home, not by a citywide average. Send us the address and the date it is available, and a licensed BreakThru Realty agent prices it from those leases, lists it, screens every applicant and prepares a lease that follows Florida law. Renters who work with us tell us the area, budget, home type and move date they need, and the agent checks whether one of them may fit your property before it is listed.

Find Out What Your Property Will Rent For · Get a free rent estimate · See what homes actually leased for in South Miami

South Miami Rental Market at a Glance

Updated November 8, 2026 from BeachesMLS.

42homes for rent
$2,498/momedian asking rent
5new rentals this week
16leased in the last 30 days

	Houses & townhomes	Condos & apartments
Active rentals	14	28
Median asking rent	$4,675/mo	$2,050/mo
Median rent per sq ft	$3.47/sq ft	$3.53/sq ft
Average days on market	63 days	85 days
Leased in the last 90 days	15	35
Median leased rent (90 days)	$6,950/mo	$2,000/mo
Median leased rent vs. a year ago	+41.8%	-1.2%

Source: BeachesMLS. Asking rents are active rentals as of November 8, 2026; leased rents cover leases signed in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal.

What Your South Miami Home Could Rent For

Right now, houses and townhomes in South Miami are asking a median $4,675 a month and condos and apartments $2,050, across 42 active rentals. Leases signed in the last 90 days closed at a median $6,950 and $2,000. Asking rents and closed leases are different numbers: a tenant signs at the second. Your rent depends on size, condition, furnishing and location, so we price your home from the comparable leases closest to it.

Renting Out a Home in South Miami

South Miami landlords usually lease by the year, and near the university the calendar matters: units close to campus are in most demand before the fall semester. In condos and townhome communities the association has a say, and many require a tenant application and approval, set a minimum lease term or limit how often a unit can be leased; confirm the city's rules before offering a short stay. We check those rules first, then price your home from live South Miami rents.

How We Find a Qualified Tenant

The home is listed in the MLS as a lease, which carries it to the agents who represent renters and the sites that show MLS rentals, and it gets its own page on BreakThru Realty's site. Before that, the agent checks it against the renters already working with us. Every applicant is screened before you decide.

Credit history, verified income and identity
Criminal background and eviction history
References from prior landlords
The condo or HOA application, when your community requires one

What Happens After You Send Your Property

An agent calls you to confirm the details, then sends the rent the closed leases support and how the home would be listed.

The rent is priced from the closest comparable leases, annual, furnished or seasonal where your community allows it
The leasing fee and the agent's duties are agreed in writing before anything is listed
The home is photographed and listed
You choose the tenant from screened applicants
The lease is signed and the deposit is handled the way Florida law requires

Optional Full Property Management

Prefer not to be the landlord day to day? Beyond finding the tenant, we offer optional full management of your South Miami rental, end to end. Ask for a quote for either service.

Florida Rules Every Landlord Should Know

Florida law requires a landlord to tell the tenant in writing, within 30 days of receiving a security deposit, how and where it is held. After the tenant moves out, the landlord has 15 days to return the deposit if there is no claim against it, or 30 days to send written notice of a claim. Condo and HOA communities often add leasing rules of their own, such as minimum lease terms and a tenant application. This is a summary, not legal advice.

What Leases Fastest in South Miami

In South Miami, the rentals that lease fastest are condos close to US-1 and the Metrorail, where University of Miami students and staff and the teams at the two hospitals want a short commute. Units in buildings such as Valencia and The Oaks at South Miami move quickly when they are priced in line with recent leases in the same building and listed ahead of the fall semester. Houses on the residential streets north and south of Sunset Drive lease to families who want a yard and a good location, and they lease faster when the yard and pool service are clearly included or excluded. A South Miami home that sits usually has a price set above recent leases or a slow association approval.

Annual or Seasonal for a South Miami Owner

Most South Miami owners lease by the year, because the city's tenants are students, faculty, hospital staff and families rather than winter visitors. Near the university, the academic calendar shapes demand, and a lease that ends in summer lets the owner find the next tenant before the fall semester. A furnished lease of a few months is possible for a house or condo where the association and the city's rules allow it, and it may suit visiting faculty or medical staff on a short assignment. Check the association's minimum lease term and the city's rules before offering any stay shorter than a year. For most South Miami owners, an annual lease brings steadier income and less time between tenants.

Rules a South Miami Landlord Checks First

Before leasing a South Miami home, a landlord checks who has a say. In a condo or townhome community, the association usually approves each tenant, charges an application fee, sets a minimum lease term and may limit how often the unit can be leased or which pets are allowed. Check the City of South Miami's rules on rental use and short stays for the address before offering anything shorter than a year. Florida law governs how a security deposit is held, the written notice the tenant receives and the deadline for returning it. Carry a landlord insurance policy for the South Miami property, and put the yard, pool and pest service arrangements in the lease.

Leasing a Luxury Home in South Miami

Explore annual, furnished or seasonal leasing for your South Miami property asking $7,000 a month and up, with pricing based on comparable closed leases and professional tenant screening.

Find Me a Tenant for My Luxury Property · How BreakThru Realty leases luxury homes

South Miami Rentals on the Market Now

The homes a tenant will compare yours with.

The 12 newest are below; see every match with map and filters.

The 12 listings on this page run from $3,900 a month to $35,000 a month, with a median of $5,150 a month, and they have been listed a median of 30 days.

South Miami Landlord FAQ

How much rent can I get for my South Miami home?: Houses and townhomes in South Miami are asking a median $4,675 a month and condos and apartments $2,050, from live BeachesMLS rentals updated daily. The right rent for your home depends on its size, condition, furnishing and exact location; request a free rental analysis and we will price it from the closest comparable leases.
Do you already have a tenant looking for a property like mine in South Miami?: We may. Renters who work with BreakThru Realty tell us the area, the budget, the home type, the furnishing and the move date they need, and we keep those requests on file. When you ask for a rental analysis, an agent checks your property against them before the call and tells you what the records show. A potential match is an introduction, not a signed lease, and nothing about your property reaches a renter until you agree.
I am relocating or bought another home. Should I rent out my South Miami home or sell it?: Compare the two on the numbers. Renting keeps the home and its appreciation but brings the costs of a landlord: the mortgage, taxes, insurance, association dues, repairs and the months between tenants. Selling releases the equity now, and the capital gains exclusion on a primary residence has a time limit once you move out. We price both, the rent from closed leases and the sale from closed sales, and your CPA confirms the tax side. Our guide "Should I Rent or Sell My South Florida Home?" walks through the comparison.
I inherited a home in South Miami. Can I rent it out?: Usually, once the person signing the lease has the legal authority to do it. While an estate is open that is normally the personal representative, so confirm with the estate's attorney before a lease is signed. We price the rent and the sale so the heirs can decide on figures, and we can lease the home while that decision is made.
My South Miami home is vacant. What should I do first?: Price it from closed leases, not from the highest asking rent nearby. Each empty month still costs the mortgage, taxes, insurance and association dues, and a home priced above the leases that closed around it usually sits. Check the insurance too: many policies treat a vacant or tenant occupied home differently, so tell your agent before the tenant moves in.
My home is listed with another agent and has not leased. Can you help?: Read the end date and the cancellation terms in your current listing agreement first; we do not interfere with an active agreement. When it ends, or your agent releases it, we review the rent, the photos, the listing and the applications so far, and tell you plainly what kept it from leasing before it is relisted.
Do you offer property management in South Miami?: Yes. You can lease your South Miami home with us and manage it yourself, or add full management and hand us the day to day as well. Ask for a quote for either service.
How do you screen tenants?: Credit history, verified income, criminal background, eviction history, prior landlord references and identity verification. We also manage the condo or HOA application when your community requires one.
What does Florida law require for a security deposit?: A landlord must tell the tenant in writing, within 30 days of receiving the deposit, how and where it is held. After the tenant moves out, the landlord has 15 days to return it if there is no claim, or 30 days to send written notice of a claim against it. This is a summary, not legal advice.

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South Miami Luxury Rentals