The combined number of millionaire rental households in the Miami, Ft. Lauderdale and Palm Beach metro area grew from 97 in 2020 to 651 (in 2022)... AN INCREASE OF 571%!

"Even though they're still a small group, the increasing number of millionaire renters indicates a shift in how well-off people approach lifestyle and investment decisions nowadays," said RentCafe analyst Veronica Grecu.