As housing costs are expected to rise in Miami – the nation’s “most competitive” rental market - the developer of Douglas Enclave is offering a rare opportunity to lock in a monthly rent under $2,000/month for a brand-new studio apartment. The building has a limited collection of studios, which are available for just *$1,995 per month on an 18-month lease. 

This is an ideal time to take advantage of Douglas Enclave’s unique offering. A recent analysis from RentCafe concluded that Miami is the most competitive rental market in the entire nation in 2025. Miami produced a staggeringly high competitive score of 93.1, which exceeds the national average by 17.4 points. 

Vacant apartments in Miami “are filling up faster than in any other major metro, often within just 36 days and with 14 renters competing for each available unit, which is double the national average,” the RentCafe report states. The report also noted that 76% of Miami renters renewed their leases in early 2025. 

Those waiting on new housing supply to offset the intense demand will likely be disappointed, according to a new report from the Business Journals. Homebuilders are set to ease housing production in the face of tariffs, which put tremendous cost pressure of construction companies. New U.S. residential construction permits dropped by 6.8% year-over-year in February, with multifamily permits seeing the biggest reduction. 

In Miami, the smart move is to secure an 18-month lease for a Douglas Enclave studio now and avoid competing with the masses for comparable apartments at much higher rents. 

*Speak to one of Douglas Enclave’s knowledgeable leasing agents about other fees and restrictions for these studio apartments. 

Douglas Enclave is an 11-story, 199-unit building with brand-new Little Havana apartments available for rent. It includes a thoughtful mix of studio apartments, one-bedrooms, two-bedrooms and townhomes for rent. Individual apartments feature vinyl-wood flooring, open-concept kitchens, stackable washer/dryer units and efficient appliances. 

Building amenities include a club lounge, fitness center, electric vehicle charging stations, bike racks, gated parking garage, dog washing station, saline pool, business center with computer stations and a package delivery room. Douglas Enclave is extremely transit-friendly and located next to a Coral Gables Trolley stop. 

Little Havana is one of Miami’s most popular neighborhoods to live in because of its convenient location, rich history, culture and many things to do. The neighborhood is perfectly positioned near the world-class shopping and dining of downtown Coral Gables, and a short drive from Miami’s bustling Brickell financial district. 

For more information about Douglas Enclave, call (786) 610-4811 or visit the leasing office located at 61 NW 37 Ave. between 9:30 a.m. and 5:30 p.m. from Monday to Friday. Douglas Enclave is part of Miami-Dade County’s Workforce Housing Program – contact the leasing team for more details and qualification requirements.