Miami-Dade Ranked Least Cost Effective Place For Renters In The Nation!!

Miami-Dade County is not the most budget-friendly place to rent an apartment. 

In fact, it's actually the worst!!!  

The online marketplace Apartment List ranks the county 100th out of 100 major metropolitan areas in the U.S. for percentage of cost-burdened renters.  

Apartment List
Apartment List

Last year, 63 percent of Miami-Dade renters were cost-burdened.

This year, more than 65 percent of residents are cost burdened, meaning they spent more than 30 percent of their income on rent, with just over 36.1 percent categorized as 'severely burdened.'

Apartment List also says that overall, 62.8 percent of the Miami-Fort Lauderdale-West Palm Beach area is rent burdened. 


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