Average Rent in 33162, Miami, FL

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Current Versus Historical 33162, Miami, FL Rents

33162 rentals average $1,325 for a studio rental to $3,800 for a 4-bedroom rental. The median price of all currently available listings is $2,050, or roughly $2 per square feet.
For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $303 (30.43%) year-over-year from $997 to $1,300. 1-bedroom rentals prices have decreased by $50 (-3.03%) year-over-year from $1,650 to $1,600. 2-bedroom rentals prices have decreased by $4 (-0.19%) year-over-year from $2,229 to $2,225. 3-bedroom rentals prices have increased by $67 (1.97%) year-over-year from $3,383 to $3,450. 4-bedroom rentals prices have decreased by $283 (-7.02%) year-over-year from $4,033 to $3,750. 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 0.00% this month. 1-bedroom rents have gone down by 2.04% this month. 2-bedroom rents have gone up by 2.30% this month. 3-bedroom rents have gone up by 2.73% this month. 4-bedroom rents have gone down by 3.43% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.96 $1,300 $997 (30.43%) $795 (63.52%)
1 BR $2.31 $1,600 $1,650 (-3.03%) $1,229 (30.17%)
2 BR $2.13 $2,225 $2,229 (-0.19%) $1,624 (36.99%)
3 BR $2.65 $3,450 $3,383 (1.97%) $2,367 (45.78%)
4+ BR $2.85 $3,750 $4,033 (-7.02%) $2,583 (45.21%)

Historical Rents in 33162, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33162

There are a total of 43 cities nearby 33162. The average rent in 33162 is currently $2,700 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Lauderhill, FL, with an average rent of $1,913, is the most affordable city nearby. In contrast, the most expensive city near 33162, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $9,000 per month.

Let's compare 33162, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33162, Miami, FL is 1.89% more affordable than other cities nearby. One bedrooms are about 13.30% more affordable. Two bedrooms in 33162, Miami, FL are about 7.61% more affordable. Finally, rent for three bedrooms are about 7.86% more affordable. Want more information? Check out the top 10 cities out of 43 total cities near 33162, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,563 $1,800 $2,550 $2,200
Golden Glades, FL N/A $1,650 $2,300 $2,300
Ojus, FL N/A $1,845 $2,350 $2,500
Ives Estates, FL N/A $1,900 $2,250 $2,550
Miami Gardens, FL $1,350 $1,600 $2,250 $2,575
North Miami Beach, FL $1,325 $1,800 $2,900 $2,690
Aventura, FL N/A $2,400 $3,400 $3,550
Bay Harbor Islands, FL N/A $2,500 $4,245 $4,250
Sunny Isles Beach, FL $2,150 $2,500 $5,300 $5,700
Bal Harbour, FL $3,000 $4,100 $8,000 $9,000

Top Neighborhoods Near 33162

There are a total of 45 neighborhoods in or near 33162. Some of these neighborhoods include Oakland Park, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 45 total neighborhoods in or near 33162, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near 33162, Miami, FL is currently around $3,100 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-eight neighborhoods have a higher average rent than $3,100. Interestingly, the neighborhoods' average rent is higher than 33162's average rent, which is only $2,050. Out of all the neighborhoods in or near 33162, Century Village has the most affordable average rent at $2,000 per month. Whereas, at $9,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near 33162. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Oakland Park, FL N/A $1,750 $2,200 $2,200
Flamingo - Lummus, Miami Beach, FL $1,800 $2,175 $3,225 $2,200
East Little Havana, Miami, FL $1,600 $1,925 $2,450 $2,300
Normandy Isles, Miami Beach, FL $1,650 $1,963 $2,700 $2,300
West Little Havana, Miami, FL $1,525 $1,850 $2,625 $2,375
Flagami, Miami, FL $1,375 $1,998 $2,500 $2,400
Little Haiti, Miami, FL $1,600 $1,900 $2,525 $2,650
Dania Beach, FL $1,250 $1,700 $2,400 $2,700
Cutler Bay, FL N/A $1,675 $2,350 $2,700
Princeton, FL N/A $1,450 $2,475 $2,900
Upper East Side, Miami, FL $1,698 $2,000 $2,900 $2,900
City Center, Miami Beach, FL $2,600 $3,200 $7,000 $3,200
Hallandale Beach, FL $1,925 $2,300 $3,200 $3,200
Coral Way, Miami, FL $1,800 $2,300 $2,950 $3,275
West Avenue, Miami Beach, FL $2,395 $3,000 $4,500 $3,425
Media and Entertainment District, Miami, FL $2,500 $3,128 $4,250 $3,500
Hollywood Beach - Quadoman, Hollywood, FL $2,300 $2,800 $4,500 $3,500
Downtown Miami, Miami, FL $2,800 $3,000 $4,100 $3,600
Hollywood Lakes, Hollywood, FL $1,350 $1,900 $2,898 $4,200
Bay Harbor Islands, FL N/A $2,500 $4,245 $4,250
Brickell, Miami, FL $2,800 $3,450 $5,000 $4,325
Wynwood, Miami, FL $2,500 $3,900 $4,800 $4,350
Altos Del Mar, Surfside, FL $2,800 $3,000 $4,950 $4,500
Weston, FL N/A N/A $2,950 $5,000
Edgewater, Miami, FL $2,025 $3,200 $5,500 $5,200
Park West, Miami, FL $3,825 $4,500 $6,250 $6,000
South Pointe, Miami Beach, FL $1,900 $3,725 $8,250 $6,950
Northeast Coconut Grove, Miami, FL N/A $2,700 $5,550 $7,975
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,500 $7,000 $8,500
Bal Harbour, FL $3,000 $4,100 $8,000 $9,000

Top Counties Near 33162

There are a total of 45 counties located by 33162, Miami, FL. Some of these counties include Hialeah, FL, Miami Gardens, FL, and Miramar-Pembroke Pines, FL. The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. The county that is the most affordable is Coral Springs-Margate, FL. It's average rent per month is $2,125. Vice versa, with an average rent of $8,500, Key Biscayne, FL is the most expensive county by 33162, Miami, FL.

Typically, rent for studios in 33162, Miami, FL is 27.83% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33162, Miami, FL is 13.30% more affordable than other counties nearby. Finally, rent for two bedrooms in 33162, Miami, FL is 11.95% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Hialeah, FL N/A $1,900 $2,400 $2,600
Miami Gardens, FL $1,325 $1,700 $2,250 $2,675
Miramar-Pembroke Pines, FL $1,400 $1,850 $2,400 $2,700
Fort Lauderdale, FL $1,900 $1,950 $2,500 $2,713
Hollywood, FL $2,000 $2,368 $3,200 $3,000
North Westside, FL $2,000 $2,200 $2,638 $3,100
Hallandale Beach, FL $1,500 $2,275 $3,200 $3,300
Miami, FL $2,300 $2,750 $3,700 $3,500
Davie, FL $4,870 $1,983 $2,550 $3,600
Miami Beach, FL $2,200 $2,800 $5,000 $4,000

Top Zipcodes Near 33162

There are a total of 50 zipcodes in or near 33162, Miami, FL. The average rent for all of these zipcodes is $3,231.

The following chart includes the top 10 zipcodes in 33162, Miami, 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 $2,400 $2,950 $6,000 $3,500
33160, North Miami Beach, FL $2,100 $2,350 $4,300 $4,700
33141, Miami Beach, FL $1,798 $2,350 $3,700 $3,100
33131, Miami, FL $2,850 $3,450 $5,200 $4,200
33009, Hallandale Beach, FL $1,925 $2,300 $3,200 $3,300
33132, Miami, FL $2,675 $3,200 $4,300 $3,850
33019, Hollywood, FL $2,300 $2,800 $4,300 $3,725
33140, Miami Beach, FL $2,400 $3,000 $4,500 $4,000
33137, Miami, FL $2,045 $3,200 $5,400 $4,800
33180, Aventura, FL N/A $2,500 $3,450 $3,700

Frequently Asked Questions - 33162 Average Rents

What is the average rent price in 33162, Miami, FL?
The average monthly rental price for 33162, Miami, FL apartments for rent is approximately $2,050. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33162, 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 33162, Miami, FL.
How much is a studio apartment in 33162, Miami, FL?
The average monthly rental price for studio apartments is $1,325 and an average price per square feet of $0.96. There are a total of 2 studio apartment listings currently available for rent in 33162.
How much is a one bedroom apartment in 33162, Miami, FL?
The average monthly rental price for one bedroom apartments is $1,699 and an average price per square feet of $2.31. There are a total of 35 one bedroom apartment listings currently available for rent in 33162.
How much is a two bedroom apartment in 33162, Miami, FL?
The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $2.13. There are a total of 21 two bedroom apartment listings currently available for rent in 33162.
How have rent prices in 33162, Miami, FL changed this year?
Rent prices for rentals in 33162, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.30%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in 33162, Miami, FL?
A reasonable rent price in 33162, Miami, FL is around $1,640/month. You can search for these reasonably priced rental listings on RentHop.
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