Miami tops U.S. rental market competitiveness

Miami is the most competitive rental market in the U.S. with 19 renters per unit, a 94.1 Rental Competitiveness Index score, and apartments usually rented within 36 days. 73.6% of renters in Miami renewed their leases, with only 3.5% of rental units available. Florida has a high rental competitiveness with an RCI score of 78.9, the highest in the U.S. Broward County and Orlando also show high competitiveness, with Broward having 13 renters per unit and Orlando having an occupancy rate of 94.6%.

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