Average Rent in Bal Harbour, FL

Current Versus Historical Bal Harbour, FL Rents

Bal Harbour rentals average $3,475 for a studio rental to $38,000 for a 4-bedroom rental. The median price of all currently available listings is $7,500, or roughly $71 per square feet.

For the apartment units and housing in September 2023, median rents have risen substantially over the last year. Studio rentals prices have increased by $587 (20.49%) year-over-year from $2,863 to $3,450. 1-bedroom rentals prices have increased by $700 (21.21%) year-over-year from $3,300 to $4,000. 2-bedroom rentals prices have increased by $1,275 (17.65%) year-over-year from $7,225 to $8,500. 3-bedroom rentals prices have increased by $10,750 (75.44%) year-over-year from $14,250 to $25,000. 4-bedroom rentals prices have increased by $11,250 (60.00%) year-over-year from $18,750 to $30,000. 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 9.21% this month. 1-bedroom rents have gone up by 0.42% this month. 2-bedroom rents have gone up by 11.23% this month. 3-bedroom rents have gone down by 30.56% this month. 4-bedroom rents have gone down by 7.69% this month.

Beds	Price / Sqft	Sep 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$87	$3,450	$2,863 (20.49%)	$1,591 (116.81%)
1 BR	$57	$4,000	$3,300 (21.21%)	$2,175 (83.93%)
2 BR	$70	$8,500	$7,225 (17.65%)	$6,075 (39.92%)
3 BR	$106	$25,000	$14,250 (75.44%)	$10,017 (149.58%)
4+ BR	$82	$30,000	$18,750 (60.00%)	$29,033 (3.33%)

Historical Rents in Bal Harbour, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Bal Harbour

There are a total of 3 cities nearby Bal Harbour. The average rent in Bal Harbour is currently $5,650 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Bay Harbor Islands, FL, with an average rent of $4,000, is the most affordable city nearby. In contrast, the most expensive city near Bal Harbour, FL is Bal Harbour, FL. Monthly rents here are on average $7,500 per month.

Let's compare Bal Harbour, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 31.05% more expensive. Two bedrooms in Bal Harbour, FL are about 39.39% more expensive. Finally, rent for three bedrooms are about 68.40% more expensive. Want more information? Check out the top 3 cities near Bal Harbour, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Bay Harbor Islands, FL	N/A	$2,500	$4,000	$4,000
Surfside, FL	N/A	$3,000	$5,000	$5,650
Bal Harbour, FL	$3,475	$4,350	$8,250	$7,500

Top Neighborhoods Near Bal Harbour

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

The average rent for these 2 neighborhoods in or near Bal Harbour, FL is currently around $4,500 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Bal Harbour, Bay Harbor Islands has the most affordable average rent at $4,000 per month. Whereas, at $5,000 average rent per month, Altos Del Mar is the most expensive neighborhood in or near Bal Harbour. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Bay Harbor Islands, FL	N/A	$2,500	$4,000	$4,000
Altos Del Mar, Surfside, FL	N/A	$3,000	$4,900	$5,000

Top Counties Near Bal Harbour

There are a total of 2 counties located by Bal Harbour, FL.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Bal Harbour

There are a total of 2 zipcodes in or near Bal Harbour, FL. The average rent for all of these zipcodes is $4,250. 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 33181, North Miami, FL at $2,500 per month. In comparison, the zipcode with the most expensive average rent of $6,000 per month is 33154, Bay Harbor Islands, FL.

Studios in these zipcodes have an average rent of $2,963. That's at least $60 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Bal Harbour, FL is $2,450 per month. Or in other words, $36 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,313 per month. Which comes out to $41 per sqft. The following chart includes the top 2 zipcodes in Bal Harbour, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33154, Bay Harbor Islands, FL	$3,475	$3,050	$6,000	$6,000
33181, North Miami, FL	$2,450	$1,850	$2,625	$2,500

Frequently Asked Questions - Bal Harbour Average Rents

What is the average rent price in Bal Harbour, FL?

The average monthly rental price for Bal Harbour, FL apartments for rent is approximately $7,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Bal Harbour, 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 Bal Harbour, FL.

How much is a studio apartment in Bal Harbour, FL?

The average monthly rental price for studio apartments is $3,475 and an average price per square feet of $86.69. There are a total of 8 studio apartment listings currently available for rent in Bal Harbour.

How much is a one bedroom apartment in Bal Harbour, FL?

The average monthly rental price for one bedroom apartments is $4,350 and an average price per square feet of $57.13. There are a total of 42 one bedroom apartment listings currently available for rent in Bal Harbour.

How much is a two bedroom apartment in Bal Harbour, FL?

The average monthly rental price for two bedroom apartments is $8,250 and an average price per square feet of $69.83. There are a total of 90 two bedroom apartment listings currently available for rent in Bal Harbour.

How have rent prices in Bal Harbour, FL changed this year?

Rent prices for rentals in Bal Harbour, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.20%, one bedroom rental prices have changed by 0.21%, two bedroom rental prices have changed by 0.18%, and three bedroom rental prices have changed by 0.75% year-over-year.

What is a reasonable rent price in Bal Harbour, FL?

A reasonable rent price in Bal Harbour, FL is around $6,000/month. You can search for these reasonably priced rental listings on RentHop.