Miami-Dade’s two-bedroom rent benchmark rose from $494 in 1983 to $2,564 for 2027

Long-term county context for Liberty City The U.S. Department of Housing & Urban Development Fair Market Rent series supplied through Project ReFrame shows Miami-Dade County’s monthly two-bedroom benchmark rising from $494 in 1983 to $712 in 2000, $1,206 in 2010 and $2,564 for 2027. The dataset reports a 419% increase across the full period. These dollar figures are not adjusted for inflation, and the long-term rise was not uninterrupted.

The recent surge The county benchmark fell from $1,625 in 2020 to $1,551 in 2021, then climbed to $1,672 in 2022, $1,923 in 2023 and $2,324 in 2024. It changed little in 2025, at $2,329, before increasing to $2,436 for 2026 and $2,564 for 2027. This establishes a sharp recent rise in the county benchmark—not a measured rent spike within Liberty City.

A separate measure of rental costs The U.S. Census Bureau’s American Community Survey estimates Miami-Dade’s median gross rent at $1,829 for 2020–2024, compared with $1,669 across Florida. This provides additional county housing-cost context, but it is a different measure from HUD’s two-bedroom Fair Market Rent and should not be joined to that series as though the figures were interchangeable.

Limitations The supplied rent data are countywide; no Liberty City rent observations or neighborhood estimates are provided. HUD Fair Market Rents are benchmarks, not a record of every tenant’s rent or a neighborhood asking-rent average. The supplied 2027 value should be cited as a benchmark for that year, not as an observed rent paid by Liberty City households. The chart uses selected years, and the source series has no entry for 1984. These data cannot establish neighborhood displacement, explain the causes of rent changes or show whether local incomes kept pace.