Over the last five years, a total of five buildings offering 2,125 new apartment rentals has been added to the area. Another 216-unit rental building for people aged 55 and over will be finished by the end of 2019.

Sarah Desamours, real estate agent at Compass Florida, said the majority of people moving to the area work at the nearby Baptist and University of Miami hospitals or are college students.

“A lot of people want to live close to work, but it’s too expensive,” she said. “They can’t afford Brickell but they realize they can get a much nicer apartment here and hop on the train to work.”

Neighborhoods that showed a drop in rent from March 2018-March 2019 in the rent.com report included Edgewater (a 5.7 percent drop), Allapattah (0.9 percent) and Midtown (0.9 percent)