Average Rent in 33154, Bay Harbor Islands, FL

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Current Versus Historical 33154, Bay Harbor Islands, FL Rents

33154 rentals average $3,000 for a studio rental to $15,825 for a 4-bedroom rental. The median price of all currently available listings is $5,525, or roughly $5 per square feet.
For the apartment units and housing in July 2024, median rents have fallenover the last year. Studio rentals prices have increased by $467 (18.42%) year-over-year from $2,533 to $3,000. 1-bedroom rentals prices have decreased by $317 (-10.00%) year-over-year from $3,167 to $2,850. 2-bedroom rentals prices have increased by $542 (12.15%) year-over-year from $4,458 to $5,000. 3-bedroom rentals prices have increased by $119 (1.67%) year-over-year from $7,131 to $7,250. 4-bedroom rentals prices have increased by $4,233 (36.29%) year-over-year from $11,667 to $15,900. 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 7.78% this month. 1-bedroom rents have gone up by 7.55% this month. 2-bedroom rents have gone up by 3.81% this month. 3-bedroom rents have gone down by 1.36% this month. 4-bedroom rents have gone up by 16.77% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.24 $3,000 $2,533 (18.42%) $1,863 (61.07%)
1 BR $3.33 $2,850 $3,167 (-10.00%) $2,083 (36.80%)
2 BR $4.49 $5,000 $4,458 (12.15%) $4,125 (21.21%)
3 BR $5.19 $7,250 $7,131 (1.67%) $6,367 (13.87%)
4+ BR $5.67 $15,900 $11,667 (36.29%) $12,000 (32.50%)

Historical Rents in 33154, Bay Harbor Islands, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33154

There are a total of 3 cities nearby 33154. The average rent in 33154 is currently $4,800 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Bay Harbor Islands, FL, with an average rent of $4,250, is the most affordable city nearby. In contrast, the most expensive city near 33154, Bay Harbor Islands, FL is Bal Harbour, FL. Monthly rents here are on average $9,000 per month.

Let's compare 33154, Bay Harbor Islands, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33154, Bay Harbor Islands, FL is 6.67% more expensive than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in 33154, Bay Harbor Islands, FL are about 15.04% more expensive. Finally, rent for three bedrooms are about 24.32% more expensive. Want more information? Check out the top 3 cities near 33154, Bay Harbor Islands, FL in the following chart.
City Studio 1 Bed 2 Bed All
Bay Harbor Islands, FL N/A $2,500 $4,245 $4,250
Surfside, FL $2,800 $3,000 $4,885 $4,800
Bal Harbour, FL $3,000 $4,100 $8,000 $9,000

Top Neighborhoods Near 33154

There are a total of 3 neighborhoods in or near 33154. Some of these neighborhoods include Bay Harbor Islands, Altos Del Mar, and Bal Harbour. We've included all of these top 3 neighborhoods in or near 33154, Bay Harbor Islands, FL in the following chart.

The average rent for these 3 neighborhoods in or near 33154, Bay Harbor Islands, FL is currently around $4,500 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near 33154, Bay Harbor Islands has the most affordable average rent at $4,250 per month. Whereas, at $9,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near 33154. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bay Harbor Islands, FL N/A $2,500 $4,245 $4,250
Altos Del Mar, Surfside, FL $2,800 $3,000 $4,950 $4,500
Bal Harbour, FL $3,000 $4,100 $8,000 $9,000

Top Counties Near 33154

There are a total of 3 counties located by 33154, Bay Harbor Islands, FL.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 33154

There is one zipcode in or near 33154, Bay Harbor Islands, FL. The average rent for this zipcode is $2,875.

The following chart includes the zipcode in or near 33154, Bay Harbor Islands, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33181, North Miami, FL N/A $1,850 $3,150 $2,875

Frequently Asked Questions - 33154 Average Rents

What is the average rent price in 33154, Bay Harbor Islands, FL?
The average monthly rental price for 33154, Bay Harbor Islands, FL apartments for rent is approximately $5,525. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33154, Bay Harbor Islands, 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 33154, Bay Harbor Islands, FL.
How much is a studio apartment in 33154, Bay Harbor Islands, FL?
The average monthly rental price for studio apartments is $3,000 and an average price per square feet of $6.24. There are a total of 17 studio apartment listings currently available for rent in 33154.
How much is a one bedroom apartment in 33154, Bay Harbor Islands, FL?
The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $3.33. There are a total of 83 one bedroom apartment listings currently available for rent in 33154.
How much is a two bedroom apartment in 33154, Bay Harbor Islands, FL?
The average monthly rental price for two bedroom apartments is $5,750 and an average price per square feet of $4.49. There are a total of 142 two bedroom apartment listings currently available for rent in 33154.
How have rent prices in 33154, Bay Harbor Islands, FL changed this year?
Rent prices for rentals in 33154, Bay Harbor Islands, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.18%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in 33154, Bay Harbor Islands, FL?
A reasonable rent price in 33154, Bay Harbor Islands, FL is around $4,420/month. You can search for these reasonably priced rental listings on RentHop.
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