MARKET SNAPSHOT South Florida q3 2025

Market Overview

‍The South Florida multifamily market is entering a phase of supply moderation and structural demand resilience. In Q3 2025, average asking rent reached approximately $2,128 while occupancy held near 91.4 percent. Deliveries year-to-date total around 8,432 units, yet development starts have slowed, easing future supply risk. With continued in-migration, strong tourism-driven economies and favourable tax regimes, the metro is positioned for a potential rental rebound in 2026.

‍About MMG

‍MMG Real Estate Advisors is a U.S.-based multifamily research and advisory firm that produces quarterly metro-level reports. Their South Florida Q3 2025 market study brings together data on rents, occupancy, absorption, completions and pipeline trends to help owners, developers and investors refine strategy and timing. To read the full report, click here.