FairRentWize

Miami-Fort Lauderdale-Pompano Beach Fair Market Rent 2026

HUD Fair Market Rent data for the Miami-Fort Lauderdale-Pompano Beach metropolitan area. Median household income: $86,139/year. Vacancy rate: 4.5%.

2BR FMR

$1,543/mo

Median Income

$86,139

Vacancy Rate

4.5%

Rent Burden

21.5%

Fair Market Rent by Bedroom Size

Studio$979/mo
1 Bedroom$1,206/mo
2 Bedroom$1,543/mo
3 Bedroom$1,928/mo
4 Bedroom$2,007/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $86,139/year can afford up to $2,153/mo in rent.

The 2BR FMR of $1,543/mo represents 21.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 4.5% in Miami-Fort Lauderdale-Pompano Beach indicates a tight rental market. Low vacancy means more competition for available units and potential upward pressure on rents.

Frequently Asked Questions

What is the average rent in Miami-Fort Lauderdale-Pompano Beach?

The 2026 HUD FMR for a 2-bedroom in the Miami-Fort Lauderdale-Pompano Beach metro area is $1,543/month. 1BR: $1,206, 3BR: $1,928.

What is the vacancy rate in Miami-Fort Lauderdale-Pompano Beach?

The rental vacancy rate in Miami-Fort Lauderdale-Pompano Beach is 4.5%. A rate below 5% typically indicates a tight rental market.

Is Miami-Fort Lauderdale-Pompano Beach affordable for renters?

With a median income of $86,139 and 2BR rent at $1,543/mo, rent takes about 21% of income in Miami-Fort Lauderdale-Pompano Beach.

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