
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.
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.
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.
Get approved โ