Average Rent in City Center, Miami Beach, FL

Current Versus Historical City Center, Miami Beach, FL Rents

City Center rentals average $2,800 for a studio rental to $33,450 for a 4-bedroom rental. The median price of all currently available listings is $3,300, or roughly $5 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $53 (-2.02%) year-over-year from $2,600 to $2,548. 1-bedroom rentals prices have increased by $400 (15.39%) year-over-year from $2,600 to $3,000. 2-bedroom rentals prices have decreased by $2,557 (-33.62%) year-over-year from $7,607 to $5,050. 3-bedroom rentals prices have decreased by $12,158 (-68.27%) year-over-year from $17,808 to $5,650. 4-bedroom rentals prices have increased by $6,583 (38.02%) year-over-year from $17,317 to $23,900. 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 3.84% this month. 1-bedroom rents have gone up by 8.43% this month. 2-bedroom rents have gone up by 12.22% this month. 3-bedroom rents have gone down by 12.63% this month. 4-bedroom rents have gone up by 29.66% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.31	$2,548	$2,600 (-2.02%)	$1,738 (46.62%)
1 BR	$4.87	$3,000	$2,600 (15.39%)	$1,833 (63.64%)
2 BR	$6.72	$5,050	$7,607 (-33.62%)	$3,908 (29.21%)
3 BR	$6.13	$5,650	$17,808 (-68.27%)	$22,158 (-74.50%)
4+ BR	$10.51	$23,900	$17,317 (38.02%)	$15,275 (56.46%)

Historical Rents in City Center, Miami Beach, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near City Center

There are a total of 15 cities nearby City Center. The average rent in City Center is currently $3,650 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near City Center, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $9,800 per month.

Let's compare City Center, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in City Center, Miami Beach, FL is 28.57% more expensive than other cities nearby. One bedrooms are about 23.44% more expensive. Two bedrooms in City Center, Miami Beach, FL are about 61.11% more expensive. Finally, rent for three bedrooms are about 50.20% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near City Center, Miami Beach, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Golden Glades, FL	N/A	$1,600	$2,100	$2,100
North Miami, FL	$1,413	$1,750	$2,400	$2,250
North Bay Village, FL	$2,000	$2,325	$3,300	$2,875
North Miami Beach, FL	$1,300	$1,850	$2,840	$3,000
Bay Harbor Islands, FL	N/A	$2,600	$4,050	$3,650
Miami, FL	$2,350	$3,100	$4,200	$3,800
Miami Beach, FL	$2,300	$3,000	$5,200	$3,887
Surfside, FL	$2,750	$2,950	$5,000	$5,500
Key Biscayne, FL	$14,200	$3,425	$6,500	$8,000
Bal Harbour, FL	$3,299	$4,500	$8,000	$9,800

Top Neighborhoods Near City Center

There are a total of 24 neighborhoods in or near City Center. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included all of these top 24 neighborhoods in or near City Center, Miami Beach, FL in the following chart.

The average rent for these 24 neighborhoods in or near City Center, Miami Beach, FL is currently around $3,500 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than City Center's average rent, which is only $3,300. Out of all the neighborhoods in or near City Center, Altos Del Mar South has the most affordable average rent at $2,200 per month. Whereas, at $9,800 average rent per month, Bal Harbour is the most expensive neighborhood in or near City Center. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar South, Miami Beach, FL	$1,800	$2,000	$3,500	$2,200
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,250	$4,400	$2,200
East Little Havana, Miami, FL	$1,550	$1,990	$2,500	$2,300
Normandy Isles, Miami Beach, FL	$2,500	$2,000	$2,550	$2,500
Treasure Island, North Bay Village, FL	$1,890	$2,200	$2,850	$2,700
California Club, Ives Estates, FL	N/A	$1,775	$2,225	$2,900
Little Haiti, Miami, FL	$1,550	$1,800	$2,600	$2,900
Eastern Shores, North Miami Beach, FL	N/A	$2,100	$2,800	$2,920
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,650	$3,350	$3,100
Hallandale Beach, FL	$1,900	$2,200	$3,200	$3,195
Upper East Side, Miami, FL	$1,550	$2,300	$2,750	$3,225
West Avenue, Miami Beach, FL	$2,400	$3,279	$4,976	$3,500
Downtown Miami, Miami, FL	$2,900	$3,000	$4,219	$3,500
Media and Entertainment District, Miami, FL	$2,450	$3,175	$4,500	$3,600
Bay Harbor Islands, FL	N/A	$2,600	$4,050	$3,650
Wynwood, Miami, FL	$2,650	$3,500	$4,750	$4,100
Brickell, Miami, FL	$3,000	$3,500	$5,000	$4,425
Edgewater, Miami, FL	$2,150	$3,400	$5,850	$5,200
Altos Del Mar, Surfside, FL	$2,750	$2,950	$5,000	$5,500
Park West, Miami, FL	$4,300	$4,100	$5,750	$5,800
Bayshore, Miami Beach, FL	$1,964	$2,400	$6,000	$6,400
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,425	$6,500	$8,000
South Pointe, Miami Beach, FL	$2,050	$3,600	$9,000	$8,000
Bal Harbour, FL	$3,299	$4,500	$8,000	$9,800

Top Counties Near City Center

There are a total of 24 counties located by City Center, Miami Beach, FL. Some of these counties include Hallandale Beach, FL, Miami Beach, FL, and Key Biscayne, FL. The average rent for rentals in these counties is $4,500. That's roughly around $4 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Hallandale Beach, FL. It's average rent per month is $3,200. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by City Center, Miami Beach, FL.

Typically, rent for studios in City Center, Miami Beach, FL is 17.86% more expensive than other counties nearby. In comparison, rent for one bedroom listings in City Center, Miami Beach, FL is 9.38% more expensive than other counties nearby. Finally, rent for two bedrooms in City Center, Miami Beach, FL is 41.67% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Hallandale Beach, FL	$1,800	$2,200	$3,200	$3,200
Miami Beach, FL	$2,300	$2,900	$5,250	$4,500
Key Biscayne, FL	$14,200	$3,425	$6,500	$8,000

Top Zipcodes Near City Center

There are a total of 21 zipcodes in or near City Center, Miami Beach, FL. The average rent for all of these zipcodes is $3,850. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33169, Miami Gardens, FL at $2,100 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,850. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near City Center, Miami Beach, FL is $2,500 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,800 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in City Center, Miami Beach, 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	$2,450	$3,050	$7,500	$3,850
33140, Miami Beach, FL	$2,300	$3,000	$4,600	$4,500
33132, Miami, FL	$2,600	$3,275	$4,500	$3,900
33141, Miami Beach, FL	$1,850	$2,400	$3,800	$3,050
33137, Miami, FL	$2,350	$3,250	$5,375	$4,741
33131, Miami, FL	$2,956	$3,500	$5,450	$4,350
33136, Miami, FL	$1,745	$2,000	$2,700	$2,568
33127, Miami, FL	$2,353	$3,228	$2,975	$3,900
33130, Miami, FL	$2,275	$3,100	$4,175	$3,750
33138, Miami, FL	$1,550	$2,200	$2,875	$3,650

Frequently Asked Questions - City Center Average Rents

What is the average rent price in City Center, Miami Beach, FL?

The average monthly rental price for City Center, Miami Beach, FL apartments for rent is approximately $3,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do City Center, Miami Beach, 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 City Center, Miami Beach, FL.

How much is a studio apartment in City Center, Miami Beach, FL?

The average monthly rental price for studio apartments is $2,800 and an average price per square feet of $5.31. There are a total of 78 studio apartment listings currently available for rent in City Center.

How much is a one bedroom apartment in City Center, Miami Beach, FL?

The average monthly rental price for one bedroom apartments is $3,200 and an average price per square feet of $4.87. There are a total of 102 one bedroom apartment listings currently available for rent in City Center.

How much is a two bedroom apartment in City Center, Miami Beach, FL?

The average monthly rental price for two bedroom apartments is $9,000 and an average price per square feet of $6.72. There are a total of 43 two bedroom apartment listings currently available for rent in City Center.

How have rent prices in City Center, Miami Beach, FL changed this year?

Rent prices for rentals in City Center, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by -0.34%, and three bedroom rental prices have changed by -0.68% year-over-year.

What is a reasonable rent price in City Center, Miami Beach, FL?

A reasonable rent price in City Center, Miami Beach, FL is around $2,640/month. You can search for these reasonably priced rental listings on RentHop.