Interactive map of the most «available» for rent Miami

Interactive map of the most «available» for rent Miami

Although the level of rent for many months remained in Miami unchanged, this does not mean that the most popular areas of the city are becoming more available for rent.

Using the rule of «40+», which States that the annual household income must exceed the amount of monthly rent, at least, 40 times (e.g., at a rent of $ 2,000 annual income must be $ 80,000), the company RentHop have created a colorful interactive map that shows how available for rent certain areas in Miami. Basing on the comparison of income needed to rent two-bedroom apartments in a particular area with a median annual salary of Miami-Dade County (about $ 44,000).

Fisher Island topped the list of most available for rent Miami with an average price of rent is 12 000 dollars for a home with two bedrooms. For the super rich to the island was followed by two other Miami beach: South Point ($5,000) and La Gorce (4700 USD).

The most accessible areas in accordance with the map are Opa-Locka, Model City and South Miami Heights. The cost of renting two-bedroom apartments in each of them were $ 1,200 or less.

Source