Average Rent in Wynwood, Miami, FL

Current Versus Historical Wynwood, Miami, FL Rents

Wynwood rentals average $2,583 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $4,000, or roughly $5 per square feet.

For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $379 (17.08%) year-over-year from $2,221 to $2,600. 1-bedroom rentals prices have decreased by $60 (-1.76%) year-over-year from $3,435 to $3,375. 2-bedroom rentals prices have increased by $383 (8.98%) year-over-year from $4,267 to $4,650. 3-bedroom rentals prices have increased by $1,054 (17.77%) year-over-year from $5,928 to $6,982. 4-bedroom rentals prices have increased by $3,100 (16.85%) year-over-year from $18,400 to $21,500. 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 12.23% this month. 1-bedroom rents have gone down by 1.25% this month. 2-bedroom rents have gone up by 5.08% this month. 3-bedroom rents have gone up by 5.90% this month. 4-bedroom rents have gone up by 103.15% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.20	$2,600	$2,221 (17.08%)	$2,162 (20.26%)
1 BR	$5.21	$3,375	$3,435 (-1.76%)	$2,916 (15.75%)
2 BR	$4.88	$4,650	$4,267 (8.98%)	$3,642 (27.69%)
3 BR	$3.81	$6,982	$5,928 (17.77%)	$5,525 (26.37%)
4+ BR	$2.81	$21,500	$18,400 (16.85%)	$8,200 (162.20%)

Historical Rents in Wynwood, Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Wynwood

There are a total of 32 cities nearby Wynwood. The average rent in Wynwood is currently $3,073 per month. A total of 24 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Wynwood, Miami, FL is Key Biscayne, FL. Monthly rents here are on average $8,200 per month.

Let's compare Wynwood, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Wynwood, Miami, FL is 53.11% more expensive than other cities nearby. One bedrooms are about 44.44% more expensive. Two bedrooms in Wynwood, Miami, FL are about 47.75% more expensive. Finally, rent for three bedrooms are about 20.52% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near Wynwood, Miami, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Golden Glades, FL	$1,300	$1,650	$2,175	$2,100
North Miami, FL	$1,525	$1,750	$2,400	$2,200
Hialeah, FL	N/A	$1,900	$2,400	$2,950
North Bay Village, FL	$2,000	$2,375	$3,375	$3,095
Miami, FL	$2,500	$3,030	$4,300	$3,800
Miami Beach, FL	$2,125	$2,900	$5,000	$3,800
Bay Harbor Islands, FL	N/A	$2,500	$4,600	$4,600
Surfside, FL	$2,800	$2,900	$4,500	$4,900
Bal Harbour, FL	$3,000	$4,000	$8,700	$7,500
Key Biscayne, FL	$14,200	$3,950	$6,900	$8,200

Top Neighborhoods Near Wynwood

There are a total of 38 neighborhoods in or near Wynwood. Some of these neighborhoods include Altos Del Mar South, Allapattah, and Flamingo - Lummus. We've included the top 30 neighborhoods out of 38 total neighborhoods in or near Wynwood, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Wynwood, Miami, FL is currently around $3,325 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,325. Out of all the neighborhoods in or near Wynwood, Altos Del Mar South has the most affordable average rent at $1,999 per month. Whereas, at $15,500 average rent per month, Venetian Islands is the most expensive neighborhood in or near Wynwood. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar South, Miami Beach, FL	$1,700	$1,950	$3,250	$1,999
Allapattah, Miami, FL	$1,650	$1,800	$2,300	$2,200
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,200	$3,500	$2,200
Liberty City, Miami, FL	$1,250	$1,700	$2,375	$2,350
East Little Havana, Miami, FL	$1,650	$1,925	$2,550	$2,400
Flagami, Miami, FL	$1,550	$2,000	$2,550	$2,400
Normandy Isles, Miami Beach, FL	$1,650	$2,075	$2,550	$2,450
West Little Havana, Miami, FL	$1,550	$1,850	$2,650	$2,500
Little Haiti, Miami, FL	$1,590	$1,850	$2,650	$2,885
Treasure Island, North Bay Village, FL	$2,115	$2,350	$3,040	$3,000
Glenvar Heights, FL	N/A	$2,000	$3,000	$3,050
South Miami, FL	N/A	$2,075	$2,900	$3,100
City Center, Miami Beach, FL	$2,600	$3,200	$7,000	$3,250
Media and Entertainment District, Miami, FL	$2,500	$3,165	$4,300	$3,400
Coral Way, Miami, FL	$1,929	$2,300	$2,950	$3,400
Upper East Side, Miami, FL	$1,575	$2,300	$2,600	$3,500
Downtown Miami, Miami, FL	$2,550	$3,000	$4,250	$3,500
West Avenue, Miami Beach, FL	$2,293	$3,100	$4,500	$3,502
Brickell, Miami, FL	$2,950	$3,500	$4,950	$4,400
Bay Harbor Islands, FL	N/A	$2,500	$4,600	$4,600
Altos Del Mar, Surfside, FL	$2,800	$3,000	$4,750	$4,800
Edgewater, Miami, FL	N/A	$3,250	$5,500	$5,200
Park West, Miami, FL	$3,975	$3,950	$5,800	$5,500
Bayshore, Miami Beach, FL	$2,410	$2,656	$6,500	$6,500
South Pointe, Miami Beach, FL	$1,950	$3,800	$8,500	$6,900
Southwest Coconut Grove, Miami, FL	$2,350	$2,600	$6,700	$7,500
Bal Harbour, FL	$3,000	$4,000	$8,700	$7,500
Northeast Coconut Grove, Miami, FL	$2,300	$2,750	$7,500	$7,800
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,950	$6,900	$8,200
Venetian Islands, Miami Beach, FL	N/A	$3,725	$6,000	$15,500

Top Counties Near Wynwood

There are a total of 38 counties located by Wynwood, 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 8 counties have a lower average rent. The county that is the most affordable is Miami Gardens, FL. It's average rent per month is $2,650. Vice versa, with an average rent of $8,200, Key Biscayne, FL is the most expensive county by Wynwood, Miami, FL.

Typically, rent for studios in Wynwood, Miami, FL is 35.15% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Wynwood, Miami, FL is 41.32% more expensive than other counties nearby. Finally, rent for two bedrooms in Wynwood, Miami, FL is 46.50% 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	$1,400	$1,550	$2,200	$2,650
Hialeah, FL	$1,350	$1,900	$2,400	$2,800
Kendale Lakes-Tamiami, FL	$1,225	$1,895	$2,500	$3,000
Hallandale Beach, FL	$1,600	$2,225	$3,300	$3,275
North Westside, FL	$2,050	$2,425	$2,700	$3,400
Miami, FL	$2,347	$2,750	$3,750	$3,500
Kendall-Palmetto Bay, FL	$1,750	$2,000	$2,650	$3,500
South Westside, FL	N/A	$1,750	$2,550	$3,750
Miami Beach, FL	$2,200	$2,800	$5,200	$4,493
Key Biscayne, FL	$14,200	$3,950	$6,900	$8,200

Top Zipcodes Near Wynwood

There are a total of 47 zipcodes in or near Wynwood, Miami, FL. The average rent for all of these zipcodes is $3,300. A total of 37 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 $2,050 per month. In comparison, the zipcode with the most expensive average rent of $8,200 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,550. 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 Wynwood, Miami, FL is $2,000 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,700 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Wynwood, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33127, Miami, FL	$2,028	$3,500	$2,900	$3,950
33137, Miami, FL	$2,355	$3,200	$5,250	$4,550
33136, Miami, FL	$1,840	$2,000	$2,800	$2,575
33132, Miami, FL	$2,575	$3,270	$4,500	$3,800
33130, Miami, FL	$2,550	$3,100	$4,225	$3,700
33131, Miami, FL	$2,950	$3,500	$5,000	$4,299
33142, Brownsville, FL	$1,395	$1,550	$2,425	$2,400
33125, Miami, FL	$1,800	$1,825	$2,525	$2,450
33150, West Little River, FL	$1,375	$1,800	$2,250	$2,250
33139, Miami Beach, FL	$2,363	$3,000	$6,500	$3,750

Frequently Asked Questions - Wynwood Average Rents

What is the average rent price in Wynwood, Miami, FL?

The average monthly rental price for Wynwood, Miami, FL apartments for rent is approximately $4,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Wynwood, 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 Wynwood, Miami, FL.

How much is a studio apartment in Wynwood, Miami, FL?

The average monthly rental price for studio apartments is $2,583 and an average price per square feet of $4.20. There are a total of 16 studio apartment listings currently available for rent in Wynwood.

How much is a one bedroom apartment in Wynwood, Miami, FL?

The average monthly rental price for one bedroom apartments is $3,600 and an average price per square feet of $5.21. There are a total of 63 one bedroom apartment listings currently available for rent in Wynwood.

How much is a two bedroom apartment in Wynwood, Miami, FL?

The average monthly rental price for two bedroom apartments is $5,000 and an average price per square feet of $4.88. There are a total of 41 two bedroom apartment listings currently available for rent in Wynwood.

How have rent prices in Wynwood, Miami, FL changed this year?

Rent prices for rentals in Wynwood, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.17%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.18% year-over-year.

What is a reasonable rent price in Wynwood, Miami, FL?

A reasonable rent price in Wynwood, Miami, FL is around $3,200/month. You can search for these reasonably priced rental listings on RentHop.