Rental rates for apartments and rented condos in greater downtown Miami have risen by 10.5% since 2011, and now average $2,429 per unit, according to a report from the Miami Downtown Development Authority. Between 400 and 450 leases have been signed per month during each of the past three years. However, there is significant gap between asking rates and actual rates throughout the market. In the Brickell neighborhood, for instance, average asking rate is $3,133, but actual rents average $2,435. An additional 4,600 rental units (in 14 projects) are proposed or under construction currently. The study, conducted by Integra Realty Resources, covered the Brickell, Wynwood, Midtown and Edgewater neighborhoods.