Led by Miramar, Broward County has the five most expensive rental apartment markets in Florida, according to a survey by RENTCafé, a national apartment-search website.
The average monthly rent for a Miramar apartment was $1,800 in July, a 3.2 percent increase from July 2016, RENTCafé reported.
RENTCafé surveyed apartment buildings with at least 50 units. The survey excluded houses and condominiums on the rental market.
Adrian Rosenberg, a spokesman for the website, told the Sun-Sentinel that Miramar rents reflect a large stock of high-end apartment buildings in the southwest Broward County suburb, where developers have opened 1,500 new apartments since 2013.
Miami ranked sixth statewide with an average monthly apartment rent of $1,587. Rosenberg said lower-priced areas of the city held down Miami’s statewide ranking.
Seventh-ranked West Palm Beach had an average apartment rent of $1,344 a month, and it was the only city in Palm Beach County among the 15 priciest markets in the state.
Orlando ranked tenth ($1,269) in the RENTCafé survey. St. Petersburg ranked 12th ($1,212), Tampa 13th ($1,199), Tallahassee 14th ($1,141) and Gainesville 15th ($1,119). [Sun-Sentinel] – Mike Seemuth