The average American spends roughly $1,700 on their monthly rent, according to a new report from RentCafe. But how far does that budget stretch across the ZIP codes that make up the Miami metropolitan area?
RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck. In Miami, renters can get the most apartment in Allapattah (33142), where a $1,700 monthly budget garners 1,066 square feet of space.
Conversely, Miamians get the least space in the Coral Gables zip code of 33134, where $1,700 only gets you 427 square feet — well below the national average of 944 square feet.
As seen in the map of Miami’s ZIP codes, renters are more likely to find smaller apartments on a $1,700 budget in the downtown area, with space increasing further away from the shoreline.