Average Rent in Bay Harbor Islands, FL

Current Versus Historical Bay Harbor Islands, FL Rents

Bay Harbor Islands rentals average $2,400 for a 1-bedroom rental to $9,975 for a 4-bedroom rental. The median price of all currently available listings is $4,575, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $133,000 (-98.88%) year-over-year from $134,500 to $1,500. 1-bedroom rentals prices have decreased by $405 (-15.55%) year-over-year from $2,605 to $2,200. 2-bedroom rentals prices have increased by $433 (11.74%) year-over-year from $3,692 to $4,125. 3-bedroom rentals prices have increased by $1,250 (21.55%) year-over-year from $5,800 to $7,050. 4-bedroom rentals prices have decreased by $7,400 (-42.53%) year-over-year from $17,400 to $10,000. 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 47.06% this month. 1-bedroom rents have gone down by 2.04% this month. 2-bedroom rents have gone up by 3.78% this month. 3-bedroom rents have gone up by 9.59% this month. 4-bedroom rents have gone up by 1.61% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.00 $2,200 $2,605 (-15.55%) $1,458 (50.86%)
2 BR $3.76 $4,125 $3,692 (11.74%) $2,667 (54.69%)
3 BR $4.19 $7,050 $5,800 (21.55%) $4,242 (66.21%)
4+ BR $3.88 $10,000 $17,400 (-42.53%) $13,833 (-27.71%)

Historical Rents in Bay Harbor Islands, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Bay Harbor Islands

There are a total of 3 cities nearby Bay Harbor Islands. The average rent in Bay Harbor Islands is currently $5,000 per month. Only one city nearby has an average rent lower than that. Our records show that Bay Harbor Islands, FL, with an average rent of $4,575, is the most affordable city nearby. In contrast, the most expensive city near Bay Harbor Islands, FL is Bal Harbour, FL. Monthly rents here are on average $8,000 per month.

Let's compare Bay Harbor Islands, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bay Harbor Islands, FL is inf% more affordable than other cities nearby. One bedrooms are about 21.88% more affordable. Two bedrooms in Bay Harbor Islands, FL are about 4.65% more affordable. Finally, rent for three bedrooms are about 31.00% more affordable. Want more information? Check out the top 3 cities near Bay Harbor Islands, FL in the following chart.
City Studio 1 Bed 2 Bed All
Bay Harbor Islands, FL N/A $2,400 $4,300 $4,575
Surfside, FL $2,800 $2,925 $4,500 $5,000
Bal Harbour, FL $3,000 $3,900 $9,350 $8,000

Top Neighborhoods Near Bay Harbor Islands

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

The average rent for these 2 neighborhoods in or near Bay Harbor Islands, FL is currently around $6,500 per month. Meaning, only two neighborhoods have a higher average rent than $6,500. Interestingly, the neighborhoods' average rent is higher than Bay Harbor Islands's average rent, which is only $4,575. Out of all the neighborhoods in or near Bay Harbor Islands, Altos Del Mar has the most affordable average rent at $5,000 per month. Whereas, at $8,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near Bay Harbor Islands. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar, Surfside, FL $2,800 $3,000 $4,875 $5,000
Bal Harbour, FL $3,000 $3,900 $9,350 $8,000

Top Counties Near Bay Harbor Islands

There are a total of 2 counties located by Bay Harbor Islands, FL.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Bay Harbor Islands

There are a total of 2 zipcodes in or near Bay Harbor Islands, FL. The average rent for all of these zipcodes is $4,213.

The following chart includes the top 2 zipcodes in Bay Harbor Islands, 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 $2,985 $2,975 $5,973 $5,700
33181, North Miami, FL $2,094 $1,850 $3,000 $2,725

Frequently Asked Questions - Bay Harbor Islands Average Rents

What is the average rent price in Bay Harbor Islands, FL?
The average monthly rental price for Bay Harbor Islands, FL apartments for rent is approximately $4,575. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Bay Harbor Islands, 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 Bay Harbor Islands, FL.
How much is a studio apartment in Bay Harbor Islands, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Bay Harbor Islands.
How much is a one bedroom apartment in Bay Harbor Islands, FL?
The average monthly rental price for one bedroom apartments is $2,400 and an average price per square feet of $3.00. There are a total of 27 one bedroom apartment listings currently available for rent in Bay Harbor Islands.
How much is a two bedroom apartment in Bay Harbor Islands, FL?
The average monthly rental price for two bedroom apartments is $4,300 and an average price per square feet of $3.76. There are a total of 43 two bedroom apartment listings currently available for rent in Bay Harbor Islands.
How have rent prices in Bay Harbor Islands, FL changed this year?
Rent prices for rentals in Bay Harbor Islands, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.22% year-over-year.
What is a reasonable rent price in Bay Harbor Islands, FL?
A reasonable rent price in Bay Harbor Islands, FL is around $3,660/month. You can search for these reasonably priced rental listings on RentHop.
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