Apartment hunting? Miami-Dade rents rose 9 percent over last month

Feeling the rent squeeze? Chances are you aren’t alone.

Miami-Dade County experienced the highest one-month rental price increases in the nation, according to a report by Abodo, an apartment rental listing platform. According to Abodo’s report, rents for a one-bedroom apartment in Miami-Dade rose 9 percent between August and September. The average rent on a one-bedroom in Miami now is listed at $1,739, up from $1,599.

But if this is any consolation, rents were higher this spring. According to Abodo’s data, an average one-bedroom in April was $1,870 a month, and rental prices dipped downward until the August low.

Nationally, apartment rental prices this month decreased in high-rent locations such as Los Angeles, San Francisco, San Jose, Boston and Seattle, according to Abodo’s report. Nationwide, the average rent for a one-bedroom in September for $940, up from $932 in August.

Abodo tracks listing prices through its own platform as well as others. For Miami this month, Abodo analyzed 2,965 rental properties.

This story was originally published September 13, 2016 at 3:41 PM with the headline "Apartment hunting? Miami-Dade rents rose 9 percent over last month."