Average Rent in 33138, Miami, FL

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Current Versus Historical 33138, Miami, FL Rents

33138 rentals average $1,800 for a 1-bedroom rental to $10,500 for a 4-bedroom rental. The median price of all currently available listings is $3,950, or roughly $34 per square feet.
For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have decreased by $18 (-1.25%) year-over-year from $1,468 to $1,450. 1-bedroom rentals prices have increased by $117 (6.21%) year-over-year from $1,883 to $2,000. 2-bedroom rentals prices have increased by $1,317 (47.31%) year-over-year from $2,783 to $4,100. 3-bedroom rentals prices have increased by $2,533 (46.34%) year-over-year from $5,467 to $8,000. 4-bedroom rentals prices have decreased by $2,067 (-16.45%) year-over-year from $12,567 to $10,500. 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 0.00% this month. 1-bedroom rents have gone up by 7.62% this month. 2-bedroom rents have gone up by 2.07% this month. 3-bedroom rents have gone up by 1.05% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $31.26 $2,000 $1,883 (6.21%) $1,983 (0.84%)
2 BR $32.37 $4,100 $2,783 (47.31%) $2,692 (52.32%)
3 BR $48.00 $8,000 $5,467 (46.34%) $5,308 (50.72%)
4+ BR $39.32 $10,500 $12,567 (-16.45%) $15,633 (-32.84%)

Historical Rents in 33138, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33138

There are a total of 12 cities nearby 33138. The average rent in 33138 is currently $2,413 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 33138, Miami, FL is Weston, FL. Monthly rents here are on average $3,500 per month.

Let's compare 33138, Miami, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 1.39% more expensive. Two bedrooms in 33138, Miami, FL are about 34.45% more expensive. Finally, rent for three bedrooms are about 52.81% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near 33138, Miami, FL in the following table.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,500 $1,700 $2,900 $2,000
Hallandale Beach, FL $1,500 $1,800 $2,600 $2,250
Dania Beach, FL $1,250 $1,640 $2,200 $2,300
Pembroke Pines, FL $1,500 $1,700 $2,125 $2,300
Hollywood, FL $1,400 $1,750 $2,400 $2,400
Miramar, FL N/A $1,723 $2,275 $2,425
Miami Beach, FL $2,200 $2,520 $3,200 $2,700
Sunny Isles Beach, FL $2,100 $2,275 $3,397 $2,950
Aventura, FL $2,475 $2,200 $3,000 $2,963
Miami, FL $2,700 $2,998 $3,400 $3,200

Top Neighborhoods Near 33138

There are a total of 7 neighborhoods in or near 33138. Some of these neighborhoods include Hollywood Lakes, Hallandale Beach, and Flamingo - Lummus. We've included all of these top 7 neighborhoods in or near 33138, Miami, FL in the following table.

The average rent for these 7 neighborhoods in or near 33138, Miami, FL is currently around $2,300 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is less than 33138's average rent, which is actually $3,950. Out of all the neighborhoods in or near 33138, Hollywood Lakes has the most affordable average rent at $1,925 per month. Whereas, at $4,100 average rent per month, Brickell is the most expensive neighborhood in or near 33138. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Hollywood Lakes, Hollywood, FL $1,300 $1,613 $2,400 $1,925
Hallandale Beach, FL $1,500 $1,800 $2,600 $2,200
Flamingo - Lummus, Miami Beach, FL $1,875 $2,200 $3,200 $2,225
Dania Beach, FL $1,250 $1,640 $2,200 $2,300
Hollywood Beach - Quadoman, Hollywood, FL $2,250 $2,700 $3,500 $2,975
Wynwood, Miami, FL $2,768 $3,257 $4,286 $3,268
Brickell, Miami, FL $2,995 $3,450 $4,895 $4,100

Top Counties Near 33138

There are a total of 10 counties located by 33138, Miami, FL. Some of these counties include Hallandale Beach, FL, Miramar-Pembroke Pines, FL, and Hollywood, FL. The average rent for rentals in these counties is $2,500. That's roughly around $29 per sqft. A total of 10 counties have a lower average rent. The county that is the most affordable is Hallandale Beach, FL. Its average rent per month is $2,250. Vice versa, with an average rent of $2,897, Miami, FL is the most expensive county by 33138, Miami, FL.

In comparison, rent for one bedroom listings in 33138, Miami, FL is 4.58% more affordable than other counties nearby. Finally, rent for two bedrooms in 33138, Miami, FL is 41.83% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Hallandale Beach, FL $1,500 $1,800 $2,598 $2,250
Miramar-Pembroke Pines, FL $1,500 $1,700 $2,200 $2,300
Hollywood, FL $1,390 $1,700 $2,300 $2,350
Hialeah, FL $1,589 $1,875 $2,300 $2,400
Kendall-Palmetto Bay, FL N/A $2,238 $2,700 $2,500
Kendale Lakes-Tamiami, FL N/A $1,890 $2,300 $2,500
North Westside, FL $2,000 $2,000 $2,470 $2,700
Davie, FL $1,250 $1,750 $2,300 $2,750
Miami Beach, FL $2,100 $2,450 $3,395 $2,800
Miami, FL $2,550 $2,305 $2,950 $2,897

Top Zipcodes Near 33138

There are a total of 19 zipcodes in or near 33138, Miami, FL. The average rent for all of these zipcodes is $2,495. A total of 19 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33161, North Miami, FL at $1,825 per month. In comparison, the zipcode with the most expensive average rent of $3,350 per month is 33132, Miami, FL.

Studios in these zipcodes have an average rent of $1,400. That's at least $35 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33138, Miami, FL is $1,800 per month. Or in other words, $30 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,400 per month. Which comes out to $29 per sqft. The following table includes the top 10 zipcodes in 33138, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33009, Hallandale Beach, FL $1,500 $1,800 $2,600 $2,225
33160, North Miami Beach, FL $2,100 $2,200 $2,992 $2,744
33141, Miami Beach, FL $1,850 $2,100 $2,650 $2,495
33139, Miami Beach, FL $2,400 $2,500 $3,400 $2,700
33020, Hollywood, FL $1,300 $1,600 $2,400 $1,995
33161, North Miami, FL $1,380 $1,688 $2,100 $1,825
33127, Miami, FL $2,754 $2,995 $3,979 $2,954
33132, Miami, FL $2,650 $3,500 $3,299 $3,350
33180, Aventura, FL $2,550 $2,075 $3,100 $3,100
33019, Hollywood, FL $2,200 $2,600 $3,500 $2,950

Frequently Asked Questions - 33138 Average Rents

What is the average rent price in 33138, Miami, FL?
The average monthly rental price for 33138, Miami, FL apartments for rent is approximately $3,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33138, 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 33138, Miami, FL.
How much is a one bedroom apartment in 33138, Miami, FL?
The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $31.26. There are a total of 7 one bedroom apartment listings currently available for rent in 33138.
How much is a two bedroom apartment in 33138, Miami, FL?
The average monthly rental price for two bedroom apartments is $4,100 and an average price per square feet of $32.37. There are a total of 3 two bedroom apartment listings currently available for rent in 33138.
How have rent prices in 33138, Miami, FL changed this year?
Rent prices for rentals in 33138, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.47%, three bedroom rental prices have changed by 0.46% year-over-year.
What is a reasonable rent price in 33138, Miami, FL?
A reasonable rent price in 33138, Miami, FL is around $3,160/month. You can search for these reasonably priced rental listings on RentHop.
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