Average Rent in North Miami, FL

Current Versus Historical North Miami, FL Rents

North Miami rentals average $1,525 for a studio rental to $12,000 for a 4-bedroom rental. The median price of all currently available listings is $2,225, or roughly $3 per square feet.

For the apartment units and housing in June 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $75 (-5.26%) year-over-year from $1,425 to $1,350. 1-bedroom rentals prices have decreased by $115 (-6.34%) year-over-year from $1,815 to $1,700. 2-bedroom rentals prices have increased by $1,817 (76.22%) year-over-year from $2,383 to $4,200. 3-bedroom rentals prices have increased by $273 (8.01%) year-over-year from $3,400 to $3,673. 4-bedroom rentals prices have decreased by $2,667 (-43.24%) year-over-year from $6,167 to $3,500. 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 down by 18.18% this month. 1-bedroom rents have gone down by 5.56% this month. 2-bedroom rents have gone up by 38.46% this month. 3-bedroom rents have gone down by 3.97% this month. 4-bedroom rents have gone down by 38.22% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.33	$1,350	$1,425 (-5.26%)	$1,063 (27.06%)
1 BR	$2.63	$1,700	$1,815 (-6.34%)	$1,308 (29.94%)
2 BR	$2.43	$4,200	$2,383 (76.22%)	$1,715 (144.90%)
3 BR	$2.46	$3,673	$3,400 (8.01%)	$2,483 (47.89%)
4+ BR	$4.45	$3,500	$6,167 (-43.24%)	$5,751 (-39.15%)

Historical Rents in North Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near North Miami

There are a total of 14 cities nearby North Miami. The average rent in North Miami is currently $2,981 per month. A total of 2 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 North Miami, FL is Bal Harbour, FL. Monthly rents here are on average $7,000 per month.

Let's compare North Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in North Miami, FL is 18.11% more expensive than other cities nearby. One bedrooms are about 4.17% more affordable. Two bedrooms in North Miami, FL are about 9.50% more affordable. Finally, rent for three bedrooms are about 28.47% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near North Miami, 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	$2,195
Ojus, FL	N/A	$1,800	$2,350	$2,350
North Miami Beach, FL	$1,248	$1,800	$2,975	$2,550
Ives Estates, FL	N/A	$1,725	$2,200	$2,983
North Bay Village, FL	$2,000	$2,350	$3,400	$3,215
Surfside, FL	$2,800	$2,900	$4,500	$4,500
Bay Harbor Islands, FL	N/A	$2,625	$4,800	$4,575
Sunny Isles Beach, FL	$2,200	$2,500	$5,400	$5,500
Bal Harbour, FL	$2,998	$3,950	$8,350	$7,000

Top Neighborhoods Near North Miami

There are a total of 13 neighborhoods in or near North Miami. Some of these neighborhoods include Liberty City, Eastern Shores, and Normandy Isles. We've included all of these top 13 neighborhoods in or near North Miami, FL in the following chart.

The average rent for these 13 neighborhoods in or near North Miami, FL is currently around $3,000 per month. Meaning, only thirteen neighborhoods have a higher average rent than $3,000. Interestingly, the neighborhoods' average rent is higher than North Miami's average rent, which is only $2,225. Out of all the neighborhoods in or near North Miami, Liberty City has the most affordable average rent at $2,400 per month. Whereas, at $7,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near North Miami. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Liberty City, Miami, FL	$1,250	$1,700	$2,350	$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
Sunny Isles Shores, Sunny Isles Beach, FL	N/A	$2,100	$4,345	$2,950
California Club, Ives Estates, FL	N/A	$1,725	$2,200	$2,963
Little Haiti, Miami, FL	$1,600	$1,850	$2,625	$2,975
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
Upper East Side, Miami, FL	$1,600	$2,363	$2,600	$3,700
Bay Harbor Islands, FL	N/A	$2,625	$4,800	$4,575
The Waterways, Aventura, FL	N/A	$2,487	$3,700	$4,600
Altos Del Mar, Surfside, FL	$2,800	$2,950	$4,750	$4,625
Bal Harbour, FL	$2,998	$3,950	$8,350	$7,000

Top Counties Near North Miami

There are a total of 13 counties located by North Miami, FL. Some of these counties include Miami Gardens, FL, Miami, FL, and Miami Beach, FL. The average rent for rentals in these counties is $3,550. That's roughly around $3 per sqft. 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 $4,500, Miami Beach, FL is the most expensive county by North Miami, FL.

Typically, rent for studios in North Miami, FL is 44.26% more affordable than other counties nearby. In comparison, rent for one bedroom listings in North Miami, FL is 52.78% more affordable than other counties nearby. Finally, rent for two bedrooms in North Miami, FL is 50.00% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Miami Gardens, FL	$1,275	$1,600	$2,200	$2,650
Miami, FL	$2,300	$2,750	$3,750	$3,550
Miami Beach, FL	$2,200	$2,800	$5,250	$4,500

Top Zipcodes Near North Miami

There are a total of 12 zipcodes in or near North Miami, FL. The average rent for all of these zipcodes is $2,675. A total of 2 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 $5,500 per month is 33154, Bay Harbor Islands, 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 North Miami, FL is $1,863 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,675 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in North Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33161, North Miami, FL	$1,650	$1,700	$2,400	$2,400
33162, Miami, FL	$1,248	$1,663	$2,100	$2,000
33181, North Miami, FL	$2,094	$1,850	$3,200	$2,850
33154, Bay Harbor Islands, FL	$2,975	$2,975	$5,995	$5,500
33160, North Miami Beach, FL	$2,200	$2,300	$4,500	$5,000
33169, Miami Gardens, FL	$1,350	$1,650	$2,100	$2,100
33179, Ives Estates, FL	$1,400	$1,800	$2,250	$2,490
33138, Miami, FL	$1,600	$2,200	$2,850	$3,800
33180, Aventura, FL	N/A	$2,498	$3,500	$3,900
33150, West Little River, FL	$1,500	$1,775	$2,250	$2,273

Frequently Asked Questions - North Miami Average Rents

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

The average monthly rental price for North Miami, FL apartments for rent is approximately $2,225. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do North 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 North Miami, FL.

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

The average monthly rental price for studio apartments is $1,525 and an average price per square feet of $4.33. There are a total of 7 studio apartment listings currently available for rent in North Miami.

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

The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $2.63. There are a total of 85 one bedroom apartment listings currently available for rent in North Miami.

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

The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $2.43. There are a total of 65 two bedroom apartment listings currently available for rent in North Miami.

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

Rent prices for rentals in North Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.76%, and three bedroom rental prices have changed by 0.08% year-over-year.

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

A reasonable rent price in North Miami, FL is around $1,780/month. You can search for these reasonably priced rental listings on RentHop.