STUDY: Miami Rent IS High, But Rates Aren't Rising Anymore

Miami rental prices are definitely high, but the silver lining is that they're not rising anymore! 

According to a new study released by real estate website Zillow, rent is down 0.6 percent over the previous year. A similar trend is showing across the nation. 

Zillow mentions that, because the cost for rent is still the highest it's ever been, renters are having a hard time saving enough for a down payment to purchase homes.


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