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A break for renters? South Florida sees signs of rental prices dropping

In the last month, the average rent in the Miami-metro area went down ever so slightly, which real estate experts say is a good indicator that the market is slowly cooling.
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In the last month, the average rent in the Miami-metro area went down ever so slightly, which real estate experts say is a good indicator that the market is slowly cooling.
Abigail Hasebroock, ֱ reporter. (Amy Beth Bennett/South Florida ֱ)
UPDATED:

Rents are not likely to drastically rise in the near future as the South Florida rental market is starting a gradual cooldown.

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