Average Rent in 33161, North Miami, FL

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Current Versus Historical 33161, North Miami, FL Rents

33161 rentals average $1,525 for a studio rental to $7,900 for a 4-bedroom rental. The median price of all currently available listings is $2,260, 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 $183 (12.50%) year-over-year from $1,467 to $1,650. 1-bedroom rentals prices have increased by $25 (1.45%) year-over-year from $1,725 to $1,750. 2-bedroom rentals prices have increased by $28 (1.20%) year-over-year from $2,367 to $2,395. 3-bedroom rentals prices have increased by $433 (12.87%) year-over-year from $3,367 to $3,800. 4-bedroom rentals prices have decreased by $3,900 (-43.82%) year-over-year from $8,900 to $5,000. 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 12.00% this month. 1-bedroom rents have gone down by 1.82% this month. 2-bedroom rents have gone up by 3.46% this month. 3-bedroom rents have gone up by 0.81% this month. 4-bedroom rents have gone down by 9.09% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.25 $1,650 $1,467 (12.50%) $1,067 (54.69%)
1 BR $2.47 $1,750 $1,725 (1.45%) $1,225 (42.86%)
2 BR $2.36 $2,395 $2,367 (1.20%) $1,583 (51.26%)
3 BR $2.83 $3,800 $3,367 (12.87%) $2,638 (44.03%)
4+ BR $3.13 $5,000 $8,900 (-43.82%) $3,992 (25.27%)

Historical Rents in 33161, North Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33161

There are a total of 14 cities nearby 33161. The average rent in 33161 is currently $2,988 per month. Only one city nearby has an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,195, is the most affordable city nearby. In contrast, the most expensive city near 33161, North Miami, FL is Bal Harbour, FL. Monthly rents here are on average $8,850 per month.

Let's compare 33161, North Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33161, North Miami, FL is 60.82% more expensive than other cities nearby. One bedrooms are about 9.56% more affordable. Two bedrooms in 33161, North Miami, FL are about 18.34% more affordable. Finally, rent for three bedrooms are about 14.08% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near 33161, North Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,513 $1,800 $2,400 $2,195
Golden Glades, FL N/A $1,650 $2,150 $2,300
Ojus, FL N/A $1,850 $2,375 $2,400
North Miami Beach, FL $1,195 $1,800 $3,050 $2,675
Ives Estates, FL N/A $1,790 $2,275 $2,975
North Bay Village, FL $2,000 $2,300 $3,400 $3,200
Bay Harbor Islands, FL N/A $2,600 $4,775 $4,750
Surfside, FL $2,800 $2,925 $4,750 $4,875
Sunny Isles Beach, FL $2,200 $2,500 $5,500 $5,600
Bal Harbour, FL $2,998 $3,950 $10,000 $8,850

Top Neighborhoods Near 33161

There are a total of 12 neighborhoods in or near 33161. Some of these neighborhoods include Normandy Isles, Eastern Shores, and Sunny Isles Shores. We've included all of these top 12 neighborhoods in or near 33161, North Miami, FL in the following chart.

The average rent for these 12 neighborhoods in or near 33161, North Miami, FL is currently around $3,000 per month. Meaning, only twelve neighborhoods have a higher average rent than $3,000. Interestingly, the neighborhoods' average rent is higher than 33161's average rent, which is only $2,260. Out of all the neighborhoods in or near 33161, Normandy Isles has the most affordable average rent at $2,500 per month. Whereas, at $8,850 average rent per month, Bal Harbour is the most expensive neighborhood in or near 33161. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Normandy Isles, Miami Beach, FL $1,800 $2,000 $2,575 $2,500
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,650 $2,700
Sunny Isles Shores, Sunny Isles Beach, FL N/A $2,100 $4,100 $2,900
Little Haiti, Miami, FL $1,600 $1,850 $2,700 $2,975
California Club, Ives Estates, FL N/A $1,795 $2,250 $2,990
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,350 $3,000
Treasure Island, North Bay Village, FL $2,025 $2,300 $2,975 $3,000
Upper East Side, Miami, FL $1,600 $2,275 $2,575 $3,300
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
The Waterways, Aventura, FL N/A $2,506 $3,400 $5,000
Bal Harbour, FL $2,998 $3,950 $10,000 $8,850

Top Counties Near 33161

There are a total of 12 counties located by 33161, North Miami, FL. Some of these counties include Miami Gardens, FL, Miami, FL, and Miami Beach, FL. The average rent for rentals in these counties is $3,500. That's roughly around $4 per sqft. The county that is the most affordable is Miami Gardens, FL. It's average rent per month is $2,800. Vice versa, with an average rent of $4,500, Miami Beach, FL is the most expensive county by 33161, North Miami, FL.

Typically, rent for studios in 33161, North Miami, FL is 44.26% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33161, North Miami, FL is 63.68% more affordable than other counties nearby. Finally, rent for two bedrooms in 33161, North Miami, FL is 59.91% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Miami Gardens, FL $1,400 $1,600 $2,250 $2,800
Miami, FL $2,200 $2,783 $3,750 $3,500
Miami Beach, FL $2,290 $2,850 $5,300 $4,500

Top Zipcodes Near 33161

There are a total of 11 zipcodes in or near 33161, North Miami, FL. The average rent for all of these zipcodes is $2,650. A total of 2 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 $2,000 per month. In comparison, the zipcode with the most expensive average rent of $5,700 per month is 33154, Bay Harbor Islands, FL.

Studios in these zipcodes have an average rent of $1,550. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33161, North Miami, FL is $1,875 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,713 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 33161, North Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33160, North Miami Beach, FL $2,200 $2,300 $4,500 $5,000
33141, Miami Beach, FL $1,750 $2,450 $3,795 $3,200
33180, Aventura, FL N/A $2,500 $3,500 $3,800
33154, Bay Harbor Islands, FL $2,950 $2,950 $5,998 $5,700
33138, Miami, FL $1,600 $1,975 $2,713 $3,650
33181, North Miami, FL $2,094 $1,850 $2,950 $2,650
33179, Ives Estates, FL $1,500 $1,800 $2,300 $2,550
33015, Country Club, FL N/A $1,875 $2,500 $2,550
33162, Miami, FL $1,195 $1,625 $2,150 $2,000
33150, West Little River, FL $1,550 $1,700 $2,250 $2,400

Frequently Asked Questions - 33161 Average Rents

What is the average rent price in 33161, North Miami, FL?
The average monthly rental price for 33161, North Miami, FL apartments for rent is approximately $2,260. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33161, North 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 33161, North Miami, FL.
How much is a studio apartment in 33161, North Miami, FL?
The average monthly rental price for studio apartments is $1,525 and an average price per square feet of $3.25. There are a total of 9 studio apartment listings currently available for rent in 33161.
How much is a one bedroom apartment in 33161, North Miami, FL?
The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $2.47. There are a total of 53 one bedroom apartment listings currently available for rent in 33161.
How much is a two bedroom apartment in 33161, North Miami, FL?
The average monthly rental price for two bedroom apartments is $2,345 and an average price per square feet of $2.36. There are a total of 44 two bedroom apartment listings currently available for rent in 33161.
How have rent prices in 33161, North Miami, FL changed this year?
Rent prices for rentals in 33161, North Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in 33161, North Miami, FL?
A reasonable rent price in 33161, North Miami, FL is around $1,808/month. You can search for these reasonably priced rental listings on RentHop.
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