Average Rent in 33127, Miami, FL

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Current Versus Historical 33127, Miami, FL Rents

33127 rentals average $2,078 for a studio rental to $5,500 for a 4-bedroom rental. The median price of all currently available listings is $3,900, or roughly $4 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $468 (43.19%) year-over-year from $1,083 to $1,550. 1-bedroom rentals prices have decreased by $586 (-16.98%) year-over-year from $3,452 to $2,866. 2-bedroom rentals prices have decreased by $373 (-11.76%) year-over-year from $3,173 to $2,800. 3-bedroom rentals prices have decreased by $467 (-11.48%) year-over-year from $4,067 to $3,600. 4-bedroom rentals prices have increased by $79 (1.74%) year-over-year from $4,546 to $4,625. 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 6.44% this month. 1-bedroom rents have gone down by 3.91% this month. 2-bedroom rents have gone up by 4.35% this month. 3-bedroom rents have gone up by 2.61% this month. 4-bedroom rents have gone up by 1.87% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.13	$1,550	$1,083 (43.19%)	$1,768 (-12.31%)
1 BR	$5.23	$2,866	$3,452 (-16.98%)	$2,108 (35.91%)
2 BR	$3.72	$2,800	$3,173 (-11.76%)	$2,333 (20.00%)
3 BR	$3.20	$3,600	$4,067 (-11.48%)	$2,598 (38.55%)
4+ BR	$3.66	$4,625	$4,546 (1.74%)	$2,658 (73.98%)

Historical Rents in 33127, Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 33127

There are a total of 30 cities nearby 33127. The average rent in 33127 is currently $3,100 per month. A total of 23 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 33127, Miami, FL is Pinecrest, FL. Monthly rents here are on average $8,450 per month.

Let's compare 33127, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33127, Miami, FL is 33.51% more expensive than other cities nearby. One bedrooms are about 39.38% more expensive. Two bedrooms in 33127, Miami, FL are about 20.00% more expensive. Finally, rent for three bedrooms are about 1.24% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near 33127, Miami, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Golden Glades, FL	N/A	$1,650	$2,100	$2,100
North Miami, FL	$1,438	$1,750	$2,400	$2,300
North Bay Village, FL	$2,000	$2,300	$3,325	$2,900
Hialeah, FL	$1,450	$1,838	$2,400	$2,900
North Miami Beach, FL	$1,300	$1,800	$3,250	$3,300
Miami Beach, FL	$2,300	$2,967	$5,200	$3,800
Bay Harbor Islands, FL	N/A	$2,650	$4,025	$3,800
Miami, FL	$2,303	$3,100	$4,300	$3,850
Surfside, FL	$2,750	$2,950	$5,200	$5,500
Bal Harbour, FL	$3,100	$4,200	$8,900	$8,000

Top Neighborhoods Near 33127

There are a total of 40 neighborhoods in or near 33127. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 40 total neighborhoods in or near 33127, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near 33127, Miami, FL is currently around $3,500 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near 33127, Altos Del Mar South has the most affordable average rent at $2,125 per month. Whereas, at $9,800 average rent per month, Venetian Islands is the most expensive neighborhood in or near 33127. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar South, Miami Beach, FL	$1,750	$1,995	$3,500	$2,125
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,250	$3,675	$2,200
East Little Havana, Miami, FL	$1,700	$1,990	$2,500	$2,300
Normandy Isles, Miami Beach, FL	$2,375	$2,000	$2,550	$2,500
Flagami, Miami, FL	$1,425	$1,900	$2,650	$2,650
Treasure Island, North Bay Village, FL	$2,000	$2,250	$2,850	$2,650
West Little Havana, Miami, FL	$1,650	$1,875	$2,750	$2,750
California Club, Ives Estates, FL	N/A	$1,800	$2,250	$2,950
Little Haiti, Miami, FL	$1,600	$1,900	$2,575	$2,950
Cutler Bay, FL	N/A	$1,763	$2,400	$3,000
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,600	$3,475	$3,025
Hallandale Beach, FL	$1,900	$2,300	$3,300	$3,200
Upper East Side, Miami, FL	$1,600	$2,300	$2,800	$3,250
City Center, Miami Beach, FL	$2,800	$3,200	$9,000	$3,300
Coral Way, Miami, FL	$1,850	$2,275	$3,000	$3,350
West Avenue, Miami Beach, FL	$2,400	$3,300	$4,938	$3,500
Downtown Miami, Miami, FL	$2,750	$3,000	$4,237	$3,500
Media and Entertainment District, Miami, FL	$2,500	$3,100	$4,500	$3,650
Bay Harbor Islands, FL	N/A	$2,650	$4,025	$3,800
Wynwood, Miami, FL	$2,600	$3,500	$4,750	$4,025
Brickell, Miami, FL	$2,900	$3,500	$5,000	$4,450
Edgewater, Miami, FL	$2,150	$3,300	$5,900	$5,206
Altos Del Mar, Surfside, FL	$2,750	$2,975	$5,500	$5,500
Park West, Miami, FL	$4,300	$3,800	$5,775	$5,900
Bayshore, Miami Beach, FL	$1,964	$2,385	$6,050	$6,950
Northeast Coconut Grove, Miami, FL	$2,400	$2,600	$6,750	$7,000
Bal Harbour, FL	$3,100	$4,200	$8,900	$8,000
South Pointe, Miami Beach, FL	$2,000	$3,850	$9,000	$8,000
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,575	$6,950	$8,000
Venetian Islands, Miami Beach, FL	N/A	$4,050	$6,000	$9,800

Top Counties Near 33127

There are a total of 40 counties located by 33127, Miami, FL. Some of these counties include Hialeah, FL, Miami Gardens, FL, and Kendale Lakes-Tamiami, FL. The average rent for rentals in these counties is $3,469. 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 Hialeah, FL. It's average rent per month is $2,750. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by 33127, Miami, FL.

Typically, rent for studios in 33127, Miami, FL is 9.75% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 33127, Miami, FL is 35.00% more expensive than other counties nearby. Finally, rent for two bedrooms in 33127, Miami, FL is 16.00% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Hialeah, FL	$1,450	$1,850	$2,400	$2,750
Miami Gardens, FL	N/A	$1,700	$2,300	$3,000
Kendale Lakes-Tamiami, FL	$1,250	$1,900	$2,500	$3,000
Hallandale Beach, FL	$1,900	$2,300	$3,325	$3,200
North Westside, FL	$1,925	$2,275	$2,650	$3,400
Miami, FL	$2,081	$2,783	$3,800	$3,537
Kendall-Palmetto Bay, FL	$1,850	$1,950	$2,550	$3,600
South Westside, FL	$1,400	$1,650	$2,600	$3,750
Miami Beach, FL	$2,290	$2,850	$5,300	$4,500
Key Biscayne, FL	$14,200	$3,575	$6,950	$8,000

Top Zipcodes Near 33127

There are a total of 47 zipcodes in or near 33127, Miami, FL. The average rent for all of these zipcodes is $3,200. 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 $2,100 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,525. 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 33127, Miami, FL is $2,006 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,625 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 33127, 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	$2,456	$3,000	$7,000	$3,800
33160, North Miami Beach, FL	$2,200	$2,375	$4,500	$5,000
33141, Miami Beach, FL	$1,825	$2,400	$3,800	$3,050
33131, Miami, FL	$2,925	$3,500	$5,400	$4,325
33009, Hallandale Beach, FL	$1,900	$2,300	$3,350	$3,200
33132, Miami, FL	$2,650	$3,200	$4,500	$3,900
33140, Miami Beach, FL	$2,300	$3,000	$4,500	$4,498
33137, Miami, FL	$2,500	$3,300	$5,300	$4,916
33180, Aventura, FL	N/A	$2,500	$3,500	$3,900
33130, Miami, FL	$2,100	$3,100	$4,300	$3,850

Frequently Asked Questions - 33127 Average Rents

What is the average rent price in 33127, Miami, FL?

The average monthly rental price for 33127, Miami, FL apartments for rent is approximately $3,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 33127, 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 33127, Miami, FL.

How much is a studio apartment in 33127, Miami, FL?

The average monthly rental price for studio apartments is $2,078 and an average price per square feet of $4.13. There are a total of 8 studio apartment listings currently available for rent in 33127.

How much is a one bedroom apartment in 33127, Miami, FL?

The average monthly rental price for one bedroom apartments is $3,250 and an average price per square feet of $5.23. There are a total of 41 one bedroom apartment listings currently available for rent in 33127.

How much is a two bedroom apartment in 33127, Miami, FL?

The average monthly rental price for two bedroom apartments is $3,125 and an average price per square feet of $3.72. There are a total of 56 two bedroom apartment listings currently available for rent in 33127.

How have rent prices in 33127, Miami, FL changed this year?

Rent prices for rentals in 33127, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.43%, one bedroom rental prices have changed by -0.17%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by -0.11% year-over-year.

What is a reasonable rent price in 33127, Miami, FL?

A reasonable rent price in 33127, Miami, FL is around $3,120/month. You can search for these reasonably priced rental listings on RentHop.