Average Rent in 33140, Miami Beach, FL

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Current Versus Historical 33140, Miami Beach, FL Rents

33140 rentals average $2,300 for a studio rental to $25,000 for a 4-bedroom rental. The median price of all currently available listings is $4,498, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $113 (-5.38%) year-over-year from $2,108 to $1,995. 1-bedroom rentals prices have increased by $250 (9.17%) year-over-year from $2,725 to $2,975. 2-bedroom rentals prices have increased by $117 (2.93%) year-over-year from $3,983 to $4,100. 3-bedroom rentals prices have decreased by $5,867 (-36.86%) year-over-year from $15,917 to $10,050. 4-bedroom rentals prices have increased by $1,850 (8.35%) year-over-year from $22,150 to $24,000. 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 down by 4.16% this month. 1-bedroom rents have gone up by 3.48% this month. 2-bedroom rents have gone up by 2.50% this month. 3-bedroom rents have gone up by 16.21% this month. 4-bedroom rents have gone up by 15.20% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.15 $1,995 $2,108 (-5.38%) $1,300 (53.46%)
1 BR $3.52 $2,975 $2,725 (9.17%) $1,888 (57.62%)
2 BR $4.09 $4,100 $3,983 (2.93%) $2,533 (61.84%)
3 BR $5.55 $10,050 $15,917 (-36.86%) $6,317 (59.10%)
4+ BR $6.93 $24,000 $22,150 (8.35%) $22,333 (7.46%)

Historical Rents in 33140, Miami Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33140

There are a total of 14 cities nearby 33140. The average rent in 33140 is currently $3,788 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,325, is the most affordable city nearby. In contrast, the most expensive city near 33140, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $8,000 per month.

Let's compare 33140, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33140, Miami Beach, FL is 7.83% more expensive than other cities nearby. One bedrooms are about 16.67% more expensive. Two bedrooms in 33140, Miami Beach, FL are about 16.39% more expensive. Finally, rent for three bedrooms are about 29.72% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near 33140, Miami Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,438 $1,750 $2,425 $2,325
North Bay Village, FL $2,000 $2,300 $3,350 $2,900
North Miami Beach, FL $1,443 $1,800 $3,445 $3,370
Miami Beach, FL $2,290 $2,950 $5,200 $3,800
Miami, FL $2,305 $3,100 $4,300 $3,850
Bay Harbor Islands, FL N/A $2,625 $4,025 $4,025
Surfside, FL $2,750 $2,925 $5,300 $5,500
Sunny Isles Beach, FL $2,240 $2,600 $5,500 $5,700
Bal Harbour, FL $3,100 $4,200 $8,900 $8,000
Key Biscayne, FL $14,200 $3,650 $7,000 $8,000

Top Neighborhoods Near 33140

There are a total of 27 neighborhoods in or near 33140. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included all of these top 27 neighborhoods in or near 33140, Miami Beach, FL in the following chart.

The average rent for these 27 neighborhoods in or near 33140, Miami Beach, FL is currently around $3,500 per month. A total of 18 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near 33140, Altos Del Mar South has the most affordable average rent at $2,125 per month. Whereas, at $10,900 average rent per month, Venetian Islands is the most expensive neighborhood in or near 33140. 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 $3,700 $2,200
East Little Havana, Miami, FL $1,700 $1,990 $2,538 $2,300
Normandy Isles, Miami Beach, FL $2,375 $2,025 $2,550 $2,500
Treasure Island, North Bay Village, FL $2,000 $2,300 $2,875 $2,675
California Club, Ives Estates, FL N/A $1,550 $2,250 $2,900
Little Haiti, Miami, FL $1,600 $1,900 $2,575 $2,900
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,475 $3,100
Hallandale Beach, FL $1,900 $2,300 $3,375 $3,200
Upper East Side, Miami, FL $1,600 $2,300 $2,900 $3,275
City Center, Miami Beach, FL $2,800 $3,200 $9,000 $3,300
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,840 $3,445
West Avenue, Miami Beach, FL $2,400 $3,300 $4,938 $3,500
Downtown Miami, Miami, FL $2,770 $3,000 $4,275 $3,500
Media and Entertainment District, Miami, FL $2,500 $3,000 $4,500 $3,700
Bay Harbor Islands, FL N/A $2,625 $4,025 $4,025
Wynwood, Miami, FL $2,600 $3,500 $4,700 $4,100
Brickell, Miami, FL $2,925 $3,500 $5,100 $4,450
The Waterways, Aventura, FL N/A $2,426 $3,820 $4,900
Edgewater, Miami, FL $2,150 $3,300 $5,800 $5,203
Altos Del Mar, Surfside, FL $2,750 $3,000 $5,500 $5,700
Park West, Miami, FL $4,300 $3,800 $5,775 $5,900
Bayshore, Miami Beach, FL $1,964 $2,385 $6,050 $6,950
Bal Harbour, FL $3,100 $4,200 $8,900 $8,000
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,650 $7,000 $8,000
South Pointe, Miami Beach, FL $1,950 $3,800 $9,250 $8,500
Venetian Islands, Miami Beach, FL N/A $4,100 $6,000 $10,900

Top Counties Near 33140

There are a total of 27 counties located by 33140, 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. A total of 1 counties have a lower average rent. The county that is the most affordable is Hallandale Beach, FL. It's average rent per month is $3,250. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by 33140, Miami Beach, FL.

Typically, rent for studios in 33140, Miami Beach, FL is 0.65% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 33140, Miami Beach, FL is 5.00% more expensive than other counties nearby. Finally, rent for two bedrooms in 33140, Miami Beach, FL is 17.78% more affordable 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 $1,900 $2,300 $3,400 $3,250
Miami Beach, FL $2,285 $2,850 $5,300 $4,500
Key Biscayne, FL $14,200 $3,650 $7,000 $8,000

Top Zipcodes Near 33140

There are a total of 19 zipcodes in or near 33140, Miami Beach, FL. The average rent for all of these zipcodes is $3,800. A total of 15 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 $1,800. 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 33140, Miami Beach, FL is $2,500 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,795 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 33140, 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 $2,481 $3,000 $7,000 $3,800
33160, North Miami Beach, FL $2,200 $2,355 $4,500 $5,000
33141, Miami Beach, FL $1,800 $2,400 $3,795 $3,075
33131, Miami, FL $2,950 $3,500 $5,400 $4,350
33132, Miami, FL $2,650 $3,200 $4,500 $3,949
33137, Miami, FL $2,500 $3,300 $5,253 $4,950
33180, Aventura, FL N/A $2,500 $3,500 $3,900
33130, Miami, FL $2,100 $3,100 $4,300 $3,850
33154, Bay Harbor Islands, FL $3,000 $3,000 $6,000 $5,800
33149, Key Biscayne, FL $14,200 $3,650 $7,000 $8,000

Frequently Asked Questions - 33140 Average Rents

What is the average rent price in 33140, Miami Beach, FL?
The average monthly rental price for 33140, Miami Beach, FL apartments for rent is approximately $4,498. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33140, 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 33140, Miami Beach, FL.
How much is a studio apartment in 33140, Miami Beach, FL?
The average monthly rental price for studio apartments is $2,300 and an average price per square feet of $6.15. There are a total of 26 studio apartment listings currently available for rent in 33140.
How much is a one bedroom apartment in 33140, Miami Beach, FL?
The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $3.52. There are a total of 122 one bedroom apartment listings currently available for rent in 33140.
How much is a two bedroom apartment in 33140, Miami Beach, FL?
The average monthly rental price for two bedroom apartments is $4,500 and an average price per square feet of $4.09. There are a total of 170 two bedroom apartment listings currently available for rent in 33140.
How have rent prices in 33140, Miami Beach, FL changed this year?
Rent prices for rentals in 33140, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.37% year-over-year.
What is a reasonable rent price in 33140, Miami Beach, FL?
A reasonable rent price in 33140, Miami Beach, FL is around $3,598/month. You can search for these reasonably priced rental listings on RentHop.
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