In Miami, Florida, the upward trend in rental costs continues. Prices are already approaching “sky-high levels” as renting an apartment becomes more unattainable with each passing day. A clear example of what we are currently experiencing in South Florida is the monthly cost of increasing efficiency. For such a small place the owners are asking more than $1,000.00. Strange but true!
As always, social networks are a yardstick for evaluating daily rental prices in Miami. Many advertisements offer a room with a private bathroom at a price of $1,000.00, a value that increases significantly if we add furniture and services.
Another rental option is a bathroom converted into a room, as there was hardly a bed in it. The cost of this “all-in-one” is up to $1,295.00. Another publication shows a trailer with a broken door and an improvised place for the air conditioning. The price is $800.00.
Cubans live in trailers
Migration has also multiplied in numbers, making it essential to live in caravans given the lack of affordable housing. This is exactly what is happening to thousands of Cubans and other migrants who have recently arrived in the United States. The demand for rental apartments grows with prices. There are few options and it is important to ensure a roof at least for the night.
Renting a trailer in Miami costs around $1,100.00 per month. If it is more than one room the price exceeds $2,000.00, if there is also a garage the cost increases.
Hialeah is considered one of the most expensive cities in Miami when it comes to apartment rent. In fact, it remains among the top 10 least affordable locations to rent homes in the United States.