Rental prices for one- and two-bedroom apartments in Miami-Dade and Broward counties remained steep last month, but some cities are seeing significantly lower costs, according to according to Zumper’s latest National Rent Report of Miami’s metro area.
Hallandale Beach had the sharpest annual decline, with rent prices falling by 13.6% year-over-year.
Hollywood and Delray Beach also saw notable decreases, with annual rents dropping by 9.5% and 7.5%, respectively. The trend suggests a shift in the rental market, which has been notoriously expensive…