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.
In about half of the 200 cities that the company analyzed, $1,500 per month could cover a one or two bedroom apartment. Anyone with the same budget would struggle to afford a studio in 26 cities, however, "most of which [were] in California," with several located in Florida, as well.
Studio apartments generally range from 500 to 600 sq. ft. in size, according to Apartments.com. In Miami, $1,500 per month could get a renter an apartment of about 498 sq. ft.
In other South Florida cities, including Fort Lauderdale and Hialeah, $1,500 got renters apartments of fewer than 600 sq. ft.
How large an apartment can $1,500 per month get a renter in South Florida?
- Fort Lauderdale: 513 sq. ft.
- Hollywood: 603 sq. ft.
- Miramar: 619 sq. ft.
- Pembroke Pines: 633 sq. ft.
- Hialeah: 576 sq. ft.
- Miami: 498 sq. ft.
Sarah Perkel is a South Florida Connect Reporter for the USA TODAY Network's Florida Connect team. You can get all of Florida’s best content directly in your inbox each weekday day by signing up for the free newsletter, Florida TODAY.
This article originally appeared on USA TODAY: How much apartment space $1,500 gets you in Miami
