Average Rent in 33143, South Miami, FL

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Current Versus Historical 33143, South Miami, FL Rents

33143 rentals average $0 for a studio rental to $14,000 for a 4-bedroom rental. The median price of all currently available listings is $2,748, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $648 (56.18%) year-over-year from $1,153 to $1,800. 1-bedroom rentals prices have increased by $92 (4.80%) year-over-year from $1,908 to $2,000. 2-bedroom rentals prices have decreased by $293 (-11.10%) year-over-year from $2,643 to $2,350. 3-bedroom rentals prices have decreased by $308 (-6.41%) year-over-year from $4,808 to $4,500. 4-bedroom rentals prices have decreased by $1,533 (-9.87%) year-over-year from $15,533 to $14,000. 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 3.85% this month. 1-bedroom rents have gone up by 0.25% this month. 2-bedroom rents have gone down by 10.52% this month. 3-bedroom rents have gone down by 13.04% this month. 4-bedroom rents have gone down by 15.11% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.86 $2,000 $1,908 (4.80%) $1,404 (42.43%)
2 BR $2.87 $2,350 $2,643 (-11.10%) $1,983 (18.51%)
3 BR $2.41 $4,500 $4,808 (-6.41%) $3,267 (37.76%)
4+ BR $4.05 $14,000 $15,533 (-9.87%) $6,998 (100.05%)

Historical Rents in 33143, South Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33143

There are a total of 2 cities nearby 33143. The average rent in 33143 is currently $5,840 per month. Only one city nearby has an average rent lower than that. Our records show that Glenvar Heights, FL, with an average rent of $2,680, is the most affordable city nearby. In contrast, the most expensive city near 33143, South Miami, FL is Pinecrest, FL. Monthly rents here are on average $9,000 per month.

Let's compare 33143, South Miami, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 1.25% more expensive. Two bedrooms in 33143, South Miami, FL are about 7.00% more affordable. Finally, rent for three bedrooms are about 2.78% more expensive. Want more information? Check out the top 2 cities near 33143, South Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Glenvar Heights, FL N/A $2,000 $2,900 $2,680
Pinecrest, FL N/A $1,950 $2,450 $9,000

Top Neighborhoods Near 33143

There are a total of 3 neighborhoods in or near 33143. Some of these neighborhoods include Glenvar Heights, South Miami, and Pinecrest. We've included all of these top 3 neighborhoods in or near 33143, South Miami, FL in the following chart.

The average rent for these 3 neighborhoods in or near 33143, South Miami, FL is currently around $3,500 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than 33143's average rent, which is only $2,748. Out of all the neighborhoods in or near 33143, Glenvar Heights has the most affordable average rent at $2,680 per month. Whereas, at $9,000 average rent per month, Pinecrest is the most expensive neighborhood in or near 33143. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Glenvar Heights, FL N/A $2,000 $2,900 $2,680
South Miami, FL N/A $2,100 $3,000 $3,500
Pinecrest, FL N/A $1,950 $2,450 $9,000

Top Counties Near 33143

There are a total of 3 counties located by 33143, South Miami, FL. The average rent for rentals in these counties is $3,800. That's roughly around $3 per sqft. The county that is the most affordable is Kendall-Palmetto Bay, FL. It's average rent per month is $3,800. Vice versa, with an average rent of $3,800, Kendall-Palmetto Bay, FL is the most expensive county by 33143, South Miami, FL.

Typically, rent for studios in 33143, South Miami, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33143, South Miami, FL is 2.50% more expensive than other counties nearby. Finally, rent for two bedrooms in 33143, South Miami, FL is 4.00% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Kendall-Palmetto Bay, FL $1,850 $1,950 $2,600 $3,800

Top Zipcodes Near 33143

There are a total of 4 zipcodes in or near 33143, South Miami, FL. The average rent for all of these zipcodes is $4,775.

The following chart includes the top 4 zipcodes in 33143, South Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33134, Coral Gables, FL $1,975 $2,150 $3,500 $3,400
33156, Pinecrest, FL N/A $2,500 $2,948 $6,625
33155, Coral Terrace, FL N/A $2,050 $3,000 $3,750
33146, Coral Gables, FL $1,850 $3,500 $4,100 $5,800

Frequently Asked Questions - 33143 Average Rents

What is the average rent price in 33143, South Miami, FL?
The average monthly rental price for 33143, South Miami, FL apartments for rent is approximately $2,748. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33143, South 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 33143, South Miami, FL.
How much is a studio apartment in 33143, South Miami, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 33143.
How much is a one bedroom apartment in 33143, South Miami, FL?
The average monthly rental price for one bedroom apartments is $2,000 and an average price per square feet of $2.86. There are a total of 33 one bedroom apartment listings currently available for rent in 33143.
How much is a two bedroom apartment in 33143, South Miami, FL?
The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $2.87. There are a total of 35 two bedroom apartment listings currently available for rent in 33143.
How have rent prices in 33143, South Miami, FL changed this year?
Rent prices for rentals in 33143, South Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.56%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in 33143, South Miami, FL?
A reasonable rent price in 33143, South Miami, FL is around $2,198/month. You can search for these reasonably priced rental listings on RentHop.
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