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Apartment Rent Gains Bifurcate in South Florida

Miami and Fort Lauderdale See a Recovery in Luxury Rents While Palm Beach Lags Behind
CoStar Analytics
April 4, 2024 | 8:53 P.M.

The Miami and Fort Lauderdale apartment markets have started the year on a positive note, with luxury asking rents on the rise, regaining most of last year’s lost ground. Palm Beach remains the outlier in South Florida, with rents contracting since February.

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