Average Rent in City Center, Miami Beach, FL

Current Versus Historical City Center, Miami Beach, FL Rents

City Center rentals average $2,750 for a studio rental to $32,950 for a 4-bedroom rental. The median price of all currently available listings is $3,300, or roughly $5 per square feet.

For the apartment units and housing in June 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,883 (73.38%) year-over-year from $2,567 to $4,450. 1-bedroom rentals prices have increased by $1,342 (52.44%) year-over-year from $2,558 to $3,900. 2-bedroom rentals prices have decreased by $2,800 (-38.36%) year-over-year from $7,300 to $4,500. 3-bedroom rentals prices have decreased by $6,942 (-55.79%) year-over-year from $12,442 to $5,500. 4-bedroom rentals prices have decreased by $14,767 (-39.20%) year-over-year from $37,667 to $22,900. 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 45.50% this month. 1-bedroom rents have gone up by 23.48% this month. 2-bedroom rents have gone up by 2.66% this month. 3-bedroom rents have gone down by 6.52% this month. 4-bedroom rents have gone down by 1.43% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.18	$4,450	$2,567 (73.38%)	$1,842 (141.63%)
1 BR	$4.68	$3,900	$2,558 (52.44%)	$2,333 (67.14%)
2 BR	$5.88	$4,500	$7,300 (-38.36%)	$6,833 (-34.15%)
3 BR	$5.99	$5,500	$12,442 (-55.79%)	$39,667 (-86.13%)
4+ BR	$10.33	$22,900	$37,667 (-39.20%)	$28,425 (-19.44%)

Historical Rents in City Center, Miami Beach, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near City Center

There are a total of 15 cities nearby City Center. The average rent in City Center is currently $3,750 per month. A total of 6 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 City Center, Miami Beach, FL is Key Biscayne, FL. Monthly rents here are on average $8,500 per month.

Let's compare City Center, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in City Center, Miami Beach, FL is 41.82% more expensive than other cities nearby. One bedrooms are about 23.44% more expensive. Two bedrooms in City Center, Miami Beach, FL are about 50.00% more expensive. Finally, rent for three bedrooms are about 46.62% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near City Center, Miami Beach, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Golden Glades, FL	$1,250	$1,650	$2,125	$2,100
North Miami, FL	$1,525	$1,800	$2,400	$2,198
North Miami Beach, FL	$1,248	$1,800	$2,950	$2,550
North Bay Village, FL	$2,000	$2,350	$3,400	$3,215
Miami, FL	$2,500	$3,000	$4,250	$3,800
Miami Beach, FL	$2,188	$2,950	$5,069	$3,850
Surfside, FL	$2,800	$2,900	$4,500	$4,500
Bay Harbor Islands, FL	N/A	$2,625	$4,800	$4,575
Bal Harbour, FL	$2,998	$3,950	$8,700	$7,000
Key Biscayne, FL	$14,200	$3,800	$6,950	$8,500

Top Neighborhoods Near City Center

There are a total of 26 neighborhoods in or near City Center. Some of these neighborhoods include Flamingo - Lummus, East Little Havana, and Eastern Shores. We've included all of these top 26 neighborhoods in or near City Center, Miami Beach, FL in the following chart.

The average rent for these 26 neighborhoods in or near City Center, Miami Beach, FL is currently around $3,601 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $3,601. Interestingly, the neighborhoods' average rent is higher than City Center's average rent, which is only $3,300. Out of all the neighborhoods in or near City Center, Flamingo - Lummus has the most affordable average rent at $2,250 per month. Whereas, at $15,000 average rent per month, Venetian Islands is the most expensive neighborhood in or near City Center. 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	$2,250
East Little Havana, Miami, FL	$1,675	$1,850	$2,525	$2,400
Eastern Shores, North Miami Beach, FL	N/A	$2,000	$2,700	$2,500
Normandy Isles, Miami Beach, FL	$1,650	$2,050	$2,550	$2,500
Little Haiti, Miami, FL	$1,600	$1,850	$2,588	$2,950
Sunny Isles Shores, Sunny Isles Beach, FL	N/A	$2,100	$4,345	$2,975
California Club, Ives Estates, FL	N/A	$1,750	$2,200	$2,983
Treasure Island, North Bay Village, FL	$2,025	$2,350	$3,000	$3,000
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,600	$3,800	$3,025
Hallandale Beach, FL	$1,600	$2,300	$3,400	$3,300
Downtown Miami, Miami, FL	$2,650	$3,000	$4,200	$3,450
Media and Entertainment District, Miami, FL	$2,500	$3,175	$4,400	$3,500
West Avenue, Miami Beach, FL	$2,300	$3,142	$4,800	$3,502
Upper East Side, Miami, FL	$1,600	$2,363	$2,600	$3,700
Wynwood, Miami, FL	$2,555	$3,600	$5,050	$4,000
Brickell, Miami, FL	$3,000	$3,500	$4,900	$4,400
Altos Del Mar, Surfside, FL	$2,800	$2,950	$4,625	$4,500
Bay Harbor Islands, FL	N/A	$2,625	$4,800	$4,575
The Waterways, Aventura, FL	N/A	$2,487	$3,700	$4,600
Edgewater, Miami, FL	N/A	$3,300	$5,500	$5,200
Park West, Miami, FL	$3,975	$3,875	$5,900	$5,950
Bayshore, Miami Beach, FL	N/A	$2,512	$6,700	$6,850
Bal Harbour, FL	$2,998	$3,950	$8,700	$7,000
South Pointe, Miami Beach, FL	$1,950	$3,800	$8,375	$7,350
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,800	$6,950	$8,500
Venetian Islands, Miami Beach, FL	N/A	$3,800	$5,900	$15,000

Top Counties Near City Center

There are a total of 26 counties located by City Center, Miami Beach, FL. Some of these counties include Hallandale Beach, FL, Miami Beach, FL, and Key Biscayne, FL. The average rent for rentals in these counties is $4,500. That's roughly around $4 per sqft. The county that is the most affordable is Hallandale Beach, FL. It's average rent per month is $3,375. Vice versa, with an average rent of $8,500, Key Biscayne, FL is the most expensive county by City Center, Miami Beach, FL.

Typically, rent for studios in City Center, Miami Beach, FL is 20.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in City Center, Miami Beach, FL is 11.72% more expensive than other counties nearby. Finally, rent for two bedrooms in City Center, Miami Beach, FL is 25.00% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Hallandale Beach, FL	$1,575	$2,300	$3,400	$3,375
Miami Beach, FL	$2,200	$2,825	$5,250	$4,500
Key Biscayne, FL	$14,200	$3,800	$6,950	$8,500

Top Zipcodes Near City Center

There are a total of 21 zipcodes in or near City Center, Miami Beach, FL. The average rent for all of these zipcodes is $3,800. A total of 8 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 $2,028. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near City Center, Miami Beach, FL is $2,498 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,770 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in City Center, Miami Beach, 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	$2,375	$3,000	$6,900	$3,800
33140, Miami Beach, FL	$2,500	$3,000	$4,500	$4,500
33132, Miami, FL	$2,650	$3,200	$4,425	$3,800
33141, Miami Beach, FL	$1,750	$2,450	$3,770	$3,200
33137, Miami, FL	$2,350	$3,250	$5,000	$4,800
33131, Miami, FL	$3,000	$3,500	$5,000	$4,300
33136, Miami, FL	$1,840	$2,025	$2,800	$2,600
33127, Miami, FL	$2,028	$3,500	$3,360	$3,995
33130, Miami, FL	$2,600	$3,050	$4,250	$3,700
33138, Miami, FL	$1,600	$2,200	$2,850	$3,850

Frequently Asked Questions - City Center Average Rents

What is the average rent price in City Center, Miami Beach, FL?

The average monthly rental price for City Center, Miami Beach, FL apartments for rent is approximately $3,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do City Center, Miami Beach, 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 City Center, Miami Beach, FL.

How much is a studio apartment in City Center, Miami Beach, FL?

The average monthly rental price for studio apartments is $2,750 and an average price per square feet of $5.18. There are a total of 76 studio apartment listings currently available for rent in City Center.

How much is a one bedroom apartment in City Center, Miami Beach, FL?

The average monthly rental price for one bedroom apartments is $3,200 and an average price per square feet of $4.68. There are a total of 105 one bedroom apartment listings currently available for rent in City Center.

How much is a two bedroom apartment in City Center, Miami Beach, FL?

The average monthly rental price for two bedroom apartments is $7,000 and an average price per square feet of $5.88. There are a total of 49 two bedroom apartment listings currently available for rent in City Center.

How have rent prices in City Center, Miami Beach, FL changed this year?

Rent prices for rentals in City Center, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.73%, one bedroom rental prices have changed by 0.52%, two bedroom rental prices have changed by -0.38%, and three bedroom rental prices have changed by -0.56% year-over-year.

What is a reasonable rent price in City Center, Miami Beach, FL?

A reasonable rent price in City Center, Miami Beach, FL is around $2,640/month. You can search for these reasonably priced rental listings on RentHop.