$1,960 Per Month
- 1 Bed
- 1 Bath
- 499 Sq Ft
- Condo for Rent
5991 SW 76th St Unit C7, South Miami, FL 33143
5991 SW 76th St Unit C7, South Miami, FL 33143
Frequently Asked Questions
How much does it cost to rent a home in South Miami, FL?
The median rent for a home in South Miami, FL is $2,850 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in South Miami, FL?
To comfortably afford the median rent in South Miami, FL, a household needs to earn roughly $114,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,850 per month in South Miami, FL, renters typically need to show $8,550 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in South Miami, FL?
In South Miami, FL, the price-to-rent ratio is 24.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in South Miami, FL are best for renting a home?
The best neighborhood for renting in South Miami, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lower Riviera, South Miami-Kendall, Upper Riviera, Country Club Section and Downtown Kendall, each with its own character and price range.
