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Hands holding a phone showing an approved rental application, on a terrace overlooking Biscayne Bay
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Do you pass the 3x rule?

Move two sliders and see the number every Miami application is really decided by: how many times your income covers the rent, and how far that is from the three the form demands. Almost nobody in this city passes. That is the point.

$2,660
The median Miami-Dade apartment rents for $2,660 a month.
$4,694
Before taxes, everyone on the lease combined. The median Miami renter household earns $4,694 a month, or $56,328 a year.
3x
In Miami the standard is 3x the rent in gross monthly income. Some condo boards ask for more, almost none ask for less.
Income you would still need each month
$3,286
The distance between what you earn and what the rule demands. Your income covers the rent this many times over, against the three they ask for.
Income landlords ask for$7,980
Your income todayGrenty$4,694

This is an indicative estimate, not a decision. The 3x rule is a market practice, not a law: every owner, every management company and every condo board sets its own criteria, and many weigh reserves, foreign income or a backed application differently. Nothing here is legal or financial advice.

Not reaching 3x is not the same as not being able to pay

To rent the median Miami apartment under this rule you need $95,760 a year, in a city where the median renter household earns $56,328. The gap on your screen is structural, not personal. With a company backing the rent, the owner reads your real income instead of a multiple.

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