Tue Dec 17 2024
Report: Miami Was The Hottest Rental Market Again In 2024 – TheNextMiami
Miami was once again the strongest rental market in the nation in 2024, even though it cooled from last year, according to RentCafe’s Year-End Report. It is the third year in a row that Miami has held the title. During the year, Miami saw a 4.12% increase in new rental units added to its inventory (0.41% more than in 2023). 72% of Miami renters renewed their leases, up 0.8% from the previous year. Each vacant rental in Miami attracted 18 prospective…