Average Rent in 33165, Olympia Heights, FL

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Current Versus Historical 33165, Olympia Heights, FL Rents

33165 rentals average $1,300 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $3,650, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $1,275 (-47.67%) year-over-year from $2,675 to $1,400. 1-bedroom rentals prices have decreased by $358 (-17.62%) year-over-year from $2,033 to $1,675. 2-bedroom rentals prices have decreased by $17 (-0.64%) year-over-year from $2,617 to $2,600. 3-bedroom rentals prices have increased by $33 (0.93%) year-over-year from $3,567 to $3,600. 4-bedroom rentals prices have decreased by $83 (-1.86%) year-over-year from $4,433 to $4,350. 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 41.05% this month. 1-bedroom rents have gone down by 5.63% this month. 2-bedroom rents have gone down by 3.70% this month. 3-bedroom rents have gone down by 0.68% this month. 4-bedroom rents have gone up by 1.36% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.57 $1,400 $2,675 (-47.67%) $1,088 (28.74%)
1 BR $3.18 $1,675 $2,033 (-17.62%) $1,154 (45.13%)
2 BR $2.55 $2,600 $2,617 (-0.64%) $1,658 (56.78%)
3 BR $2.58 $3,600 $3,567 (0.93%) $2,633 (36.71%)
4+ BR $2.39 $4,350 $4,433 (-1.86%) $3,557 (22.29%)

Historical Rents in 33165, Olympia Heights, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33165

There are a total of 1 cities nearby 33165. The average rent in 33165 is currently $3,000 per month. Only one city nearby has an average rent lower than that. Our records show that Glenvar Heights, FL, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near 33165, Olympia Heights, FL is Glenvar Heights, FL. Monthly rents here are on average $3,000 per month.

Let's compare 33165, Olympia Heights, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 21.21% more affordable. Two bedrooms in 33165, Olympia Heights, FL are about 7.81% more affordable. Finally, rent for three bedrooms are about 4.05% more expensive. Want more information? Check out the top 1 cities near 33165, Olympia Heights, FL in the following chart.
City Studio 1 Bed 2 Bed All
Glenvar Heights, FL N/A $2,000 $2,588 $3,000

Top Neighborhoods Near 33165

There are a total of 2 neighborhoods in or near 33165. We've included all of these top 2 neighborhoods in or near 33165, Olympia Heights, FL in the following chart.

The average rent for these 2 neighborhoods in or near 33165, Olympia Heights, FL is currently around $3,438 per month. A total of one neighborhood has 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 33165, Glenvar Heights has the most affordable average rent at $3,000 per month. Whereas, at $3,875 average rent per month, South Miami is the most expensive neighborhood in or near 33165. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Glenvar Heights, FL N/A $2,000 $2,588 $3,000
South Miami, FL N/A $2,125 $3,000 $3,875

Top Counties Near 33165

There are a total of 2 counties located by 33165, Olympia Heights, FL. The average rent for rentals in these counties is $3,750. That's roughly around $3 per sqft. The county that is the most affordable is South Westside, FL. It's average rent per month is $3,750. Vice versa, with an average rent of $3,750, South Westside, FL is the most expensive county by 33165, Olympia Heights, FL.

Typically, rent for studios in 33165, Olympia Heights, FL is on par with the other counties nearby. In comparison, rent for one bedroom listings in 33165, Olympia Heights, FL is on par with the other counties nearby. Finally, rent for two bedrooms in 33165, Olympia Heights, FL is 4.17% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
South Westside, FL $1,300 $1,650 $2,500 $3,750

Top Zipcodes Near 33165

There are a total of 3 zipcodes in or near 33165, Olympia Heights, FL. The average rent for all of these zipcodes is $3,175. 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 33143, South Miami, FL at $2,795 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 33155, Coral Terrace, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33165, Olympia Heights, FL is $2,000 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,550 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in 33165, Olympia Heights, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33143, South Miami, FL N/A $2,000 $2,500 $2,795
33155, Coral Terrace, FL N/A $2,350 $3,000 $4,000
33173, Sunset, FL N/A $1,950 $2,550 $3,175

Frequently Asked Questions - 33165 Average Rents

What is the average rent price in 33165, Olympia Heights, FL?
The average monthly rental price for 33165, Olympia Heights, FL apartments for rent is approximately $3,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33165, Olympia Heights, 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 33165, Olympia Heights, FL.
How much is a studio apartment in 33165, Olympia Heights, FL?
The average monthly rental price for studio apartments is $1,300 and an average price per square feet of $1.57. There are a total of 2 studio apartment listings currently available for rent in 33165.
How much is a one bedroom apartment in 33165, Olympia Heights, FL?
The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $3.18. There are a total of 9 one bedroom apartment listings currently available for rent in 33165.
How much is a two bedroom apartment in 33165, Olympia Heights, FL?
The average monthly rental price for two bedroom apartments is $2,400 and an average price per square feet of $2.55. There are a total of 5 two bedroom apartment listings currently available for rent in 33165.
How have rent prices in 33165, Olympia Heights, FL changed this year?
Rent prices for rentals in 33165, Olympia Heights, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.48%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in 33165, Olympia Heights, FL?
A reasonable rent price in 33165, Olympia Heights, FL is around $2,920/month. You can search for these reasonably priced rental listings on RentHop.
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