South Florida sees slowdown in rising rents, but still falls behind other big regions in the state

Rental premiums in South Florida remain nearly 4%, while falling to less than 1% in many large cities, causing South Florida to struggle to catch up.

South Florida developers can't build fast enough due to potential factors like developer reluctance and inefficient delivery systems by government entities, leading to a lag behind other cities like Orlando, Tampa, and Jacksonville.

Demand in South Florida is highest for 'the cheap stuff,' particularly small studios, indicating a trend towards affordability in the market.

Read at Sun Sentinel