Average Rent in 33154, Bay Harbor Islands, FL

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Current Versus Historical 33154, Bay Harbor Islands, FL Rents

33154 rentals average $2,950 for a studio rental to $13,200 for a 4-bedroom rental. The median price of all currently available listings is $5,700, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have increased by $483 (21.80%) year-over-year from $2,217 to $2,700. 1-bedroom rentals prices have decreased by $213 (-7.32%) year-over-year from $2,913 to $2,700. 2-bedroom rentals prices have increased by $1,033 (24.51%) year-over-year from $4,217 to $5,250. 3-bedroom rentals prices have increased by $1,563 (22.53%) year-over-year from $6,937 to $8,500. 4-bedroom rentals prices have decreased by $4,083 (-28.99%) year-over-year from $14,083 to $10,000. 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 8.46% this month. 1-bedroom rents have gone up by 5.19% this month. 2-bedroom rents have gone up by 7.51% this month. 3-bedroom rents have gone up by 0.39% this month. 4-bedroom rents have gone down by 9.91% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.18 $2,700 $2,217 (21.80%) $1,217 (121.92%)
1 BR $3.44 $2,700 $2,913 (-7.32%) $1,942 (39.06%)
2 BR $4.56 $5,250 $4,217 (24.51%) $3,350 (56.72%)
3 BR $4.75 $8,500 $6,937 (22.53%) $6,383 (33.16%)
4+ BR $4.90 $10,000 $14,083 (-28.99%) $14,200 (-29.58%)

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 $4,875 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 $4,750, 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 $8,850 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 5.08% more expensive than other cities nearby. One bedrooms are about 0.85% more expensive. Two bedrooms in 33154, Bay Harbor Islands, FL are about 20.38% more expensive. Finally, rent for three bedrooms are about 18.82% 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 $2,600 $4,775 $4,750
Surfside, FL $2,800 $2,925 $4,750 $4,875
Bal Harbour, FL $2,998 $3,950 $10,000 $8,850

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 $5,000 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 $4,750 per month. Whereas, at $8,850 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 $2,600 $4,775 $4,750
Altos Del Mar, Surfside, FL $2,800 $2,950 $5,000 $5,000
Bal Harbour, FL $2,998 $3,950 $10,000 $8,850

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 $2,650.

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 $2,094 $1,850 $2,950 $2,650

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 $5,700. 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 $2,950 and an average price per square feet of $6.18. There are a total of 13 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 $2,950 and an average price per square feet of $3.44. There are a total of 91 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 $5,998 and an average price per square feet of $4.56. There are a total of 160 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 0.22%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by 0.25%, and three bedroom rental prices have changed by 0.23% 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 $4,560/month. You can search for these reasonably priced rental listings on RentHop.
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