Average Rent in 33162, Miami, FL

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Current Versus Historical 33162, Miami, FL Rents

33162 rentals average $1,195 for a studio rental to $3,800 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $2 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 $287 (31.63%) year-over-year from $908 to $1,195. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,650 to $1,650. 2-bedroom rentals prices have increased by $37 (1.70%) year-over-year from $2,158 to $2,195. 3-bedroom rentals prices have decreased by $83 (-2.39%) year-over-year from $3,483 to $3,400. 4-bedroom rentals prices have increased by $246 (6.92%) year-over-year from $3,554 to $3,800. 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 5.09% this month. 1-bedroom rents have gone down by 0.50% this month. 2-bedroom rents have gone up by 2.17% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 4.36% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.66 $1,195 $908 (31.63%) $844 (41.63%)
1 BR $2.29 $1,650 $1,650 (0.00%) $1,213 (36.08%)
2 BR $2.21 $2,195 $2,158 (1.70%) $1,550 (41.61%)
3 BR $2.69 $3,400 $3,483 (-2.39%) $2,300 (47.85%)
4+ BR $2.65 $3,800 $3,554 (6.92%) $2,450 (55.10%)

Historical Rents in 33162, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33162

There are a total of 48 cities nearby 33162. The average rent in 33162 is currently $2,988 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Margate, FL, with an average rent of $1,900, 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 $8,850 per month.

Let's compare 33162, Miami, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 15.38% more affordable. Two bedrooms in 33162, Miami, FL are about 16.27% more affordable. Finally, rent for three bedrooms are about 8.09% more affordable. Want more information? Check out the top 10 cities out of 48 total cities near 33162, 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
Miami Gardens, FL $1,450 $1,638 $2,250 $2,800
Ives Estates, FL N/A $1,790 $2,275 $2,975
Aventura, FL N/A $2,426 $3,495 $3,650
Bay Harbor Islands, FL N/A $2,600 $4,775 $4,750
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 33162

There are a total of 55 neighborhoods in or near 33162. Some of these neighborhoods include Flamingo - Lummus, East Little Havana, and Oakland Park. We've included the top 30 neighborhoods out of 55 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 $3,300 per month. Meaning, only thirty neighborhoods have a higher average rent than $3,300. Interestingly, the neighborhoods' average rent is higher than 33162's average rent, which is only $2,000. Out of all the neighborhoods in or near 33162, North Central Hollywood has the most affordable average rent at $2,050 per month. Whereas, at $12,000 average rent per month, Venetian Islands is the most expensive neighborhood in or near 33162. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,500 $2,300
East Little Havana, Miami, FL $1,700 $1,975 $2,550 $2,400
Oakland Park, FL N/A $1,795 $2,200 $2,423
Normandy Isles, Miami Beach, FL $1,800 $2,000 $2,575 $2,500
Flagami, Miami, FL $1,450 $2,050 $2,550 $2,525
West Little Havana, Miami, FL $1,600 $1,888 $2,690 $2,600
Dania Beach, FL N/A $1,800 $2,400 $2,850
Princeton, FL N/A $1,450 N/A $2,950
Little Haiti, Miami, FL $1,600 $1,850 $2,700 $2,975
Cutler Bay, FL N/A $1,500 $2,500 $3,025
Coral Way, Miami, FL $1,800 $2,300 $3,050 $3,300
Upper East Side, Miami, FL $1,600 $2,275 $2,575 $3,300
City Center, Miami Beach, FL $2,800 $3,225 $7,000 $3,300
Hallandale Beach, FL $1,850 $2,300 $3,450 $3,325
Downtown Miami, Miami, FL $2,700 $3,000 $4,250 $3,500
Hollywood Beach - Quadoman, Hollywood, FL $2,400 $2,900 $4,500 $3,500
Media and Entertainment District, Miami, FL $2,500 $3,100 $4,400 $3,505
West Avenue, Miami Beach, FL $2,400 $3,214 $4,900 $3,602
Hollywood Lakes, Hollywood, FL $1,500 $1,900 $2,850 $3,800
Wynwood, Miami, FL $2,559 $3,500 $5,000 $4,000
Brickell, Miami, FL $3,000 $3,500 $5,000 $4,400
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
Edgewater, Miami, FL $1,900 $3,300 $5,416 $5,000
Weston, FL N/A N/A $2,900 $5,595
Park West, Miami, FL $3,625 $3,850 $5,725 $5,775
South Pointe, Miami Beach, FL $1,975 $3,900 $8,500 $7,500
Northeast Coconut Grove, Miami, FL $2,400 $2,800 $7,775 $8,350
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,550 $6,950 $8,500
Bal Harbour, FL $2,998 $3,950 $10,000 $8,850

Top Counties Near 33162

There are a total of 55 counties located by 33162, Miami, FL. Some of these counties include Miami Gardens, FL, Hialeah, FL, and Miramar-Pembroke Pines, FL. The average rent for rentals in these counties is $3,000. That's roughly around $3 per sqft. The county that is the most affordable is Coral Springs-Margate, FL. It's average rent per month is $2,100. 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 31.80% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33162, Miami, FL is 19.08% more affordable than other counties nearby. Finally, rent for two bedrooms in 33162, Miami, FL is 16.28% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Miami Gardens, FL $1,400 $1,600 $2,250 $2,800
Hialeah, FL N/A $1,850 $2,400 $2,800
Miramar-Pembroke Pines, FL $1,338 $1,800 $2,350 $2,900
Hollywood, FL $1,911 $2,400 $3,000 $3,000
Fort Lauderdale, FL $1,750 $2,000 $2,900 $3,000
Hallandale Beach, FL $1,550 $2,300 $3,500 $3,400
North Westside, FL $2,155 $2,300 $2,700 $3,400
Miami, FL $2,200 $2,783 $3,750 $3,500
Davie, FL N/A $1,875 $2,500 $3,800
Miami Beach, FL $2,290 $2,850 $5,300 $4,500

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 $3,350.

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 $2,493 $3,000 $6,800 $3,900
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
33131, Miami, FL $3,000 $3,500 $5,200 $4,275
33009, Hallandale Beach, FL $1,850 $2,300 $3,500 $3,400
33132, Miami, FL $2,650 $3,200 $4,500 $3,850
33019, Hollywood, FL $2,425 $2,850 $4,500 $3,825
33140, Miami Beach, FL $2,500 $3,000 $4,500 $4,600
33137, Miami, FL $2,398 $3,275 $5,000 $4,700
33180, Aventura, FL N/A $2,500 $3,500 $3,800

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 $2,000. 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 $1,195 and an average price per square feet of $2.66. 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 $1,625 and an average price per square feet of $2.29. There are a total of 38 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 $2,150 and an average price per square feet of $2.21. There are a total of 10 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 0.32%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.02%, 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 $1,600/month. You can search for these reasonably priced rental listings on RentHop.
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