Average Rent in 33131, Miami, FL

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Current Versus Historical 33131, Miami, FL Rents

33131 rentals average $2,953 for a studio rental to $60,000 for a 4-bedroom rental. The median price of all currently available listings is $4,350, or roughly $5 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $366 (14.44%) year-over-year from $2,534 to $2,900. 1-bedroom rentals prices have increased by $100 (3.03%) year-over-year from $3,300 to $3,400. 2-bedroom rentals prices have increased by $300 (6.12%) year-over-year from $4,900 to $5,200. 3-bedroom rentals prices have decreased by $1,300 (-13.68%) year-over-year from $9,500 to $8,200. 4-bedroom rentals prices have increased by $37,333 (164.71%) year-over-year from $22,667 to $60,000. 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 10.13% this month. 1-bedroom rents have gone up by 0.99% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 2.48% this month. 4-bedroom rents have gone up by 28.57% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.58	$2,900	$2,534 (14.44%)	$1,841 (57.55%)
1 BR	$4.58	$3,400	$3,300 (3.03%)	$2,208 (53.96%)
2 BR	$4.58	$5,200	$4,900 (6.12%)	$3,258 (59.59%)
3 BR	$5.52	$8,200	$9,500 (-13.68%)	$5,767 (42.20%)
4+ BR	$11.60	$60,000	$22,667 (164.71%)	$4,617 (1,199.64%)

Historical Rents in 33131, Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 33131

There are a total of 29 cities nearby 33131. The average rent in 33131 is currently $3,000 per month. A total of 22 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 33131, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $8,500 per month.

Let's compare 33131, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33131, Miami, FL is 51.32% more expensive than other cities nearby. One bedrooms are about 43.14% more expensive. Two bedrooms in 33131, Miami, FL are about 53.70% more expensive. Finally, rent for three bedrooms are about 45.56% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near 33131, Miami, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
North Miami, FL	$1,438	$1,750	$2,400	$2,300
Glenvar Heights, FL	N/A	$2,000	$2,625	$2,790
North Bay Village, FL	$2,000	$2,300	$3,325	$2,900
Bay Harbor Islands, FL	N/A	$2,650	$4,025	$3,650
Miami, FL	$2,305	$3,100	$4,300	$3,850
Miami Beach, FL	$2,270	$2,997	$5,200	$3,850
Coral Gables, FL	$1,890	$2,300	$3,900	$4,475
Surfside, FL	$2,750	$2,950	$5,300	$5,500
Key Biscayne, FL	$14,200	$3,575	$6,900	$8,000
Bal Harbour, FL	$3,100	$4,250	$8,900	$8,500

Top Neighborhoods Near 33131

There are a total of 39 neighborhoods in or near 33131. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 39 total neighborhoods in or near 33131, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near 33131, Miami, FL is currently around $3,500 per month. A total of 25 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near 33131, 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 33131. 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	$4,000	$2,200
East Little Havana, Miami, FL	$1,700	$1,990	$2,500	$2,300
Normandy Isles, Miami Beach, FL	$2,375	$2,025	$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	$2,725	$2,750
Little Haiti, Miami, FL	$1,550	$1,900	$2,575	$2,925
California Club, Ives Estates, FL	N/A	$1,800	$2,250	$2,950
Cutler Bay, FL	N/A	$1,725	$2,400	$3,000
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,600	$3,475	$3,025
Hallandale Beach, FL	$1,950	$2,300	$3,300	$3,200
City Center, Miami Beach, FL	$2,800	$3,200	$8,500	$3,300
Upper East Side, Miami, FL	$1,600	$2,300	$2,850	$3,325
Coral Way, Miami, FL	$1,923	$2,300	$3,000	$3,350
West Avenue, Miami Beach, FL	$2,400	$3,300	$4,900	$3,500
Downtown Miami, Miami, FL	$2,750	$3,000	$4,237	$3,500
Bay Harbor Islands, FL	N/A	$2,650	$4,025	$3,650
Media and Entertainment District, Miami, FL	$2,500	$3,100	$4,500	$3,650
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	$2,372	$6,000	$6,950
Northeast Coconut Grove, Miami, FL	$2,500	$2,600	$6,500	$7,000
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,575	$6,950	$8,000
South Pointe, Miami Beach, FL	$2,000	$3,850	$9,000	$8,400
Bal Harbour, FL	$3,100	$4,250	$8,900	$8,500
Venetian Islands, Miami Beach, FL	N/A	$4,050	$6,000	$9,800

Top Counties Near 33131

There are a total of 39 counties located by 33131, 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 33131, Miami, FL.

Typically, rent for studios in 33131, Miami, FL is 36.51% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 33131, Miami, FL is 39.64% more expensive than other counties nearby. Finally, rent for two bedrooms in 33131, Miami, FL is 51.39% 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 33131

There are a total of 47 zipcodes in or near 33131, Miami, FL. The average rent for all of these zipcodes is $3,200. A total of 39 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 $1,513. 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 33131, Miami, FL is $2,006 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,575 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 33131, 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	$2,450	$3,000	$7,100	$3,800
33160, North Miami Beach, FL	$2,200	$2,360	$4,500	$5,000
33141, Miami Beach, FL	$1,849	$2,400	$3,898	$3,100
33009, Hallandale Beach, FL	$1,950	$2,300	$3,375	$3,200
33132, Miami, FL	$2,650	$3,225	$4,500	$3,924
33140, Miami Beach, FL	$2,300	$3,000	$4,500	$4,495
33137, Miami, FL	$2,450	$3,300	$5,300	$4,900
33180, Aventura, FL	N/A	$2,498	$3,500	$3,900
33130, Miami, FL	$2,100	$3,100	$4,300	$3,850
33178, Doral, FL	$1,900	$2,400	$2,900	$3,650

Frequently Asked Questions - 33131 Average Rents

What is the average rent price in 33131, Miami, FL?

The average monthly rental price for 33131, Miami, FL apartments for rent is approximately $4,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 33131, 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 33131, Miami, FL.

How much is a studio apartment in 33131, Miami, FL?

The average monthly rental price for studio apartments is $2,953 and an average price per square feet of $5.58. There are a total of 30 studio apartment listings currently available for rent in 33131.

How much is a one bedroom apartment in 33131, Miami, FL?

The average monthly rental price for one bedroom apartments is $3,500 and an average price per square feet of $4.58. There are a total of 266 one bedroom apartment listings currently available for rent in 33131.

How much is a two bedroom apartment in 33131, Miami, FL?

The average monthly rental price for two bedroom apartments is $5,400 and an average price per square feet of $4.58. There are a total of 265 two bedroom apartment listings currently available for rent in 33131.

How have rent prices in 33131, Miami, FL changed this year?

Rent prices for rentals in 33131, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.14%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.14% year-over-year.

What is a reasonable rent price in 33131, Miami, FL?

A reasonable rent price in 33131, Miami, FL is around $3,480/month. You can search for these reasonably priced rental listings on RentHop.