Average Rent in 33137, Miami, FL

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Current Versus Historical 33137, Miami, FL Rents

33137 rentals average $2,398 for a studio rental to $22,750 for a 4-bedroom rental. The median price of all currently available listings is $4,800, or roughly $5 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $387 (19.95%) year-over-year from $1,938 to $2,325. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,200 to $3,200. 2-bedroom rentals prices have increased by $378 (8.19%) year-over-year from $4,617 to $4,995. 3-bedroom rentals prices have increased by $950 (13.48%) year-over-year from $7,050 to $8,000. 4-bedroom rentals prices have increased by $3,283 (21.58%) year-over-year from $15,217 to $18,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.35% this month. 1-bedroom rents have gone up by 0.26% this month. 2-bedroom rents have gone up by 0.65% this month. 3-bedroom rents have gone up by 5.25% this month. 4-bedroom rents have gone up by 42.31% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.20 $2,325 $1,938 (19.95%) $1,567 (48.40%)
1 BR $4.53 $3,200 $3,200 (0.00%) $2,214 (44.56%)
2 BR $4.38 $4,995 $4,617 (8.19%) $3,417 (46.20%)
3 BR $5.28 $8,000 $7,050 (13.48%) $5,650 (41.59%)
4+ BR $6.32 $18,500 $15,217 (21.58%) $11,133 (66.17%)

Historical Rents in 33137, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33137

There are a total of 31 cities nearby 33137. The average rent in 33137 is currently $3,050 per month. A total of 25 cities nearby have an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,173, is the most affordable city nearby. In contrast, the most expensive city near 33137, Miami, FL is Key Biscayne, FL. Monthly rents here are on average $8,500 per month.

Let's compare 33137, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33137, Miami, FL is 48.91% more expensive than other cities nearby. One bedrooms are about 38.46% more expensive. Two bedrooms in 33137, Miami, FL are about 48.00% more expensive. Finally, rent for three bedrooms are about 54.70% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near 33137, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,525 $1,800 $2,400 $2,173
Golden Glades, FL N/A $1,650 $2,150 $2,175
North Miami Beach, FL $1,300 $1,825 $3,000 $2,600
Hialeah, FL N/A $1,875 $2,400 $3,000
North Bay Village, FL $2,000 $2,300 $3,375 $3,200
Miami Beach, FL $2,200 $2,950 $5,200 $3,800
Miami, FL $2,450 $3,000 $4,300 $3,850
Bay Harbor Islands, FL N/A $2,400 $4,300 $4,300
Surfside, FL $2,800 $2,900 $4,625 $4,875
Bal Harbour, FL $3,000 $3,950 $8,700 $7,500

Top Neighborhoods Near 33137

There are a total of 36 neighborhoods in or near 33137. Some of these neighborhoods include Flamingo - Lummus, East Little Havana, and Flagami. We've included the top 30 neighborhoods out of 36 total neighborhoods in or near 33137, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near 33137, Miami, FL is currently around $3,475 per month. A total of 25 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,475. Out of all the neighborhoods in or near 33137, Flamingo - Lummus has the most affordable average rent at $2,288 per month. Whereas, at $12,000 average rent per month, Venetian Islands is the most expensive neighborhood in or near 33137. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flamingo - Lummus, Miami Beach, FL $1,800 $2,250 $3,500 $2,288
East Little Havana, Miami, FL $1,700 $1,975 $2,550 $2,400
Flagami, Miami, FL $1,650 $2,000 $2,550 $2,500
Normandy Isles, Miami Beach, FL $1,600 $2,000 $2,600 $2,525
West Little Havana, Miami, FL $1,600 $1,900 $2,650 $2,600
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,350 $2,950
California Club, Ives Estates, FL N/A $1,770 $2,250 $2,963
Treasure Island, North Bay Village, FL $2,050 $2,300 $3,000 $3,040
Little Haiti, Miami, FL $1,600 $1,850 $2,675 $3,050
Glenvar Heights, FL N/A $1,900 $2,700 $3,050
Cutler Bay, FL N/A $1,550 $2,600 $3,125
Coral Way, Miami, FL $1,935 $2,300 $2,950 $3,250
City Center, Miami Beach, FL $2,800 $3,200 $7,000 $3,300
Hallandale Beach, FL $1,600 $2,300 $3,400 $3,300
Downtown Miami, Miami, FL $2,675 $3,000 $4,250 $3,450
Media and Entertainment District, Miami, FL $2,450 $3,100 $4,400 $3,500
West Avenue, Miami Beach, FL $2,400 $3,150 $4,800 $3,500
Upper East Side, Miami, FL $1,600 $2,275 $2,600 $4,000
Wynwood, Miami, FL $2,555 $3,500 $5,000 $4,000
Bay Harbor Islands, FL N/A $2,400 $4,300 $4,300
Brickell, Miami, FL $3,000 $3,488 $5,000 $4,400
Altos Del Mar, Surfside, FL $2,800 $2,975 $4,875 $5,000
Edgewater, Miami, FL $2,000 $3,300 $5,416 $5,000
Park West, Miami, FL $3,625 $3,825 $5,600 $5,750
Bayshore, Miami Beach, FL N/A $2,481 $6,500 $6,800
South Pointe, Miami Beach, FL $1,950 $3,900 $8,500 $7,350
Bal Harbour, FL $3,000 $3,950 $8,700 $7,500
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,688 $7,000 $8,500
Northeast Coconut Grove, Miami, FL $2,350 $2,800 $7,675 $8,900
Venetian Islands, Miami Beach, FL N/A $3,800 $5,900 $12,000

Top Counties Near 33137

There are a total of 36 counties located by 33137, Miami, FL. Some of these counties include Miami Gardens, FL, Hialeah, FL, and Kendale Lakes-Tamiami, FL. The average rent for rentals in these counties is $3,450. That's roughly around $3 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Miami Gardens, FL. It's average rent per month is $2,748. Vice versa, with an average rent of $8,500, Key Biscayne, FL is the most expensive county by 33137, Miami, FL.

Typically, rent for studios in 33137, Miami, FL is 22.96% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 33137, Miami, FL is 33.85% more expensive than other counties nearby. Finally, rent for two bedrooms in 33137, Miami, FL is 45.00% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Miami Gardens, FL $1,300 $1,575 $2,200 $2,748
Hialeah, FL N/A $1,875 $2,450 $2,800
Kendale Lakes-Tamiami, FL $1,575 $1,850 $2,500 $3,000
North Westside, FL $2,128 $2,300 $2,700 $3,400
Hallandale Beach, FL $1,550 $2,300 $3,400 $3,400
Miami, FL $2,250 $2,750 $3,750 $3,500
South Westside, FL N/A $1,725 $2,500 $3,750
Kendall-Palmetto Bay, FL $2,119 $2,000 $2,800 $3,750
Miami Beach, FL $2,200 $2,850 $5,300 $4,500
Key Biscayne, FL $14,200 $3,688 $7,000 $8,500

Top Zipcodes Near 33137

There are a total of 45 zipcodes in or near 33137, Miami, FL. The average rent for all of these zipcodes is $3,250. A total of 40 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33162, Miami, FL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,588. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33137, Miami, FL is $2,100 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,800 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 33137, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33139, Miami Beach, FL $2,400 $3,000 $6,900 $3,800
33160, North Miami Beach, FL $2,200 $2,300 $4,500 $5,000
33141, Miami Beach, FL $1,750 $2,450 $3,800 $3,200
33131, Miami, FL $3,000 $3,450 $5,000 $4,275
33009, Hallandale Beach, FL $1,600 $2,300 $3,425 $3,400
33132, Miami, FL $2,625 $3,200 $4,500 $3,800
33140, Miami Beach, FL $2,500 $3,000 $4,500 $4,500
33180, Aventura, FL N/A $2,500 $3,500 $3,888
33130, Miami, FL $2,600 $3,100 $4,263 $3,800
33178, Doral, FL $2,000 $2,500 $2,900 $3,795

Frequently Asked Questions - 33137 Average Rents

What is the average rent price in 33137, Miami, FL?
The average monthly rental price for 33137, Miami, FL apartments for rent is approximately $4,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33137, Miami, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 33137, Miami, FL.
How much is a studio apartment in 33137, Miami, FL?
The average monthly rental price for studio apartments is $2,398 and an average price per square feet of $4.20. There are a total of 16 studio apartment listings currently available for rent in 33137.
How much is a one bedroom apartment in 33137, Miami, FL?
The average monthly rental price for one bedroom apartments is $3,250 and an average price per square feet of $4.53. There are a total of 108 one bedroom apartment listings currently available for rent in 33137.
How much is a two bedroom apartment in 33137, Miami, FL?
The average monthly rental price for two bedroom apartments is $5,000 and an average price per square feet of $4.38. There are a total of 160 two bedroom apartment listings currently available for rent in 33137.
How have rent prices in 33137, Miami, FL changed this year?
Rent prices for rentals in 33137, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.20%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in 33137, Miami, FL?
A reasonable rent price in 33137, Miami, FL is around $3,840/month. You can search for these reasonably priced rental listings on RentHop.
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