While rents in South Florida continue to decline, the region is still one of the least affordable places to live in an apartment, according to Seattle-based real estate company Redfin.
In South Florida, the median apartment rent has dipped to $2,373 as of Redfin’s December 2024 report, slightly down from October.
The figure represents a drop of about 4% from 2023 when the median rent was at $2,470. The average median rent was $2,560 in October 2022…