Miami is a major hub for corporate relocations — particularly in finance, technology, real estate, and healthcare sectors. The city's corporate housing market is well-developed, with a strong inventory of fully furnished apartments designed specifically for business travelers and relocating professionals.
What Is Corporate Housing in Miami?
Corporate housing refers to fully furnished apartments or condominiums rented for short-to-medium term periods — typically 1 to 12 months — by companies for their employees. Unlike hotels, corporate apartments provide a home-like environment with full kitchens, separate bedrooms, living areas, and access to building amenities.
What's Typically Included
Standard inclusions:
- Complete furniture package (bedroom, living, dining)
- Kitchen fully equipped with cookware, dishes, and small appliances
- High-speed internet
- Water and basic utilities
- Building amenities (gym, pool, concierge)
- Housekeeping available (often monthly, sometimes weekly at premium)
Often available as add-ons:
- Parking (typically $150–$250/month)
- Cable / streaming services
- Weekly housekeeping upgrades
- Airport transfers
Corporate Lease Structures
There are two primary ways companies handle Miami corporate housing:
1. Company-Signed Lease (Corporate Lease) The employer signs the lease directly and is the tenant of record. The employee occupies the unit. Benefits: no credit check on the employee; company handles deposit and payments directly.
2. Employee-Signed Lease with Corporate Billing The employee signs the lease as an individual but bills rent and deposits to the employer's corporate card or expense account. Requires an employee with sufficient personal qualifications for the application.
Best Neighborhoods for Corporate Rentals
Brickell — #1 for corporate housing. Central location, walkable to major offices, MetroMover access, and the highest inventory of furnished corporate units in Miami.
Downtown Miami — Strong corporate inventory at slightly lower price points than Brickell. Good for legal, government, and finance sectors.
Midtown Miami — Growing corporate housing inventory; popular with tech and creative industry professionals.
Edgewater — Excellent value for corporate renters; newer buildings with strong amenities at competitive corporate rates.
Pricing for Corporate Rentals
Corporate furnished rentals in Miami typically price at a premium over unfurnished annual leases:
| Size | Standard Annual (unfurnished) | Corporate Short-Term (furnished) |
|---|---|---|
| Studio | $2,000–$2,800/mo | $2,500–$3,500/mo |
| 1 Bedroom | $2,800–$4,000/mo | $3,500–$5,000/mo |
| 2 Bedroom | $4,000–$6,500/mo | $5,000–$8,000/mo |
Prices vary by building, floor, views, and included services.
FAQ
Q: What is corporate housing in Miami? A: Fully furnished apartments rented 1–12 months, typically by companies for relocating employees.
Q: Can a company sign a lease on behalf of an employee? A: Yes. Many landlords accommodate corporate leases.
Q: What is typically included in a corporate rental? A: Furniture, appliances, utilities, internet, and building amenities.
Q: Which neighborhoods are best for corporate rentals? A: Brickell is the top choice, followed by Downtown Miami and Midtown.