Average Rent in Coral Way, Miami, FL

Current Versus Historical Coral Way, Miami, FL Rents

Coral Way rentals average $1,923 for a studio rental to $8,466 for a 4-bedroom rental. The median price of all currently available listings is $3,400, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $516 (35.97%) year-over-year from $1,434 to $1,950. 1-bedroom rentals prices have increased by $50 (2.38%) year-over-year from $2,100 to $2,150. 2-bedroom rentals prices have increased by $33 (1.16%) year-over-year from $2,867 to $2,900. 3-bedroom rentals prices have increased by $600 (14.29%) year-over-year from $4,200 to $4,800. 4-bedroom rentals prices have decreased by $1,875 (-20.00%) year-over-year from $9,375 to $7,500. 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 3.77% this month. 1-bedroom rents have gone up by 0.78% this month. 2-bedroom rents have gone up by 4.19% this month. 3-bedroom rents have gone up by 5.88% this month. 4-bedroom rents have gone up by 17.19% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.89	$1,950	$1,434 (35.97%)	$1,308 (49.12%)
1 BR	$3.06	$2,150	$2,100 (2.38%)	$1,614 (33.21%)
2 BR	$3.05	$2,900	$2,867 (1.16%)	$2,132 (36.04%)
3 BR	$3.19	$4,800	$4,200 (14.29%)	$3,000 (60.00%)
4+ BR	$3.04	$7,500	$9,375 (-20.00%)	$5,100 (47.06%)

Historical Rents in Coral Way, Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Coral Way

There are a total of 29 cities nearby Coral Way. The average rent in Coral Way is currently $3,000 per month. A total of 17 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 Coral Way, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $9,000 per month.

Let's compare Coral Way, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Coral Way, Miami, FL is 25.23% more expensive than other cities nearby. One bedrooms are about 14.35% more expensive. Two bedrooms in Coral Way, Miami, FL are about 17.84% more expensive. Finally, rent for three bedrooms are about 4.00% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near Coral Way, Miami, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Fountainebleau, FL	N/A	$2,100	$2,500	$2,625
Glenvar Heights, FL	N/A	$2,000	$2,625	$2,650
North Bay Village, FL	$2,000	$2,300	$3,300	$2,900
Hialeah, FL	$1,400	$1,838	$2,400	$2,950
Doral, FL	$1,900	$2,350	$2,850	$3,650
Miami, FL	$2,375	$3,100	$4,300	$3,850
Miami Beach, FL	$2,300	$2,999	$5,250	$3,900
Coral Gables, FL	$1,930	$2,300	$3,925	$4,500
Key Biscayne, FL	$14,200	$3,500	$6,900	$8,000
Pinecrest, FL	N/A	$1,950	$2,450	$8,450

Top Neighborhoods Near Coral Way

There are a total of 36 neighborhoods in or near Coral Way. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 36 total neighborhoods in or near Coral Way, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Coral Way, Miami, FL is currently around $3,523 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,523. Interestingly, the neighborhoods' average rent is higher than Coral Way's average rent, which is only $3,400. Out of all the neighborhoods in or near Coral Way, Altos Del Mar South has the most affordable average rent at $2,150 per month. Whereas, at $9,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near Coral Way. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar South, Miami Beach, FL	$1,799	$1,995	$3,600	$2,150
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,250	$4,000	$2,200
East Little Havana, Miami, FL	$1,700	$1,990	$2,500	$2,300
Normandy Isles, Miami Beach, FL	$2,375	$2,000	$2,575	$2,500
Glenvar Heights, FL	N/A	$2,000	$2,625	$2,650
Flagami, Miami, FL	$1,425	$1,875	$2,650	$2,650
Treasure Island, North Bay Village, FL	$2,000	$2,200	$2,825	$2,650
West Little Havana, Miami, FL	$1,650	$1,875	$2,700	$2,725
Liberty City, Miami, FL	$1,400	$1,650	$2,400	$2,900
Little Haiti, Miami, FL	$1,550	$1,900	$2,560	$2,900
City Center, Miami Beach, FL	$2,800	$3,200	$8,500	$3,300
Upper East Side, Miami, FL	$1,588	$2,300	$2,900	$3,425
Downtown Miami, Miami, FL	$2,750	$3,000	$4,200	$3,500
West Avenue, Miami Beach, FL	$2,400	$3,300	$4,900	$3,545
Media and Entertainment District, Miami, FL	$2,475	$3,050	$4,500	$3,600
South Miami, FL	N/A	$2,125	$2,975	$3,750
Bay Harbor Islands, FL	N/A	$2,650	$4,025	$3,800
Wynwood, Miami, FL	$2,600	$3,500	$4,825	$4,050
Brickell, Miami, FL	$3,000	$3,500	$5,200	$4,500
Edgewater, Miami, FL	$2,150	$3,333	$5,800	$5,200
Altos Del Mar, Surfside, FL	$2,750	$2,975	$5,450	$5,500
Palmetto Bay, FL	N/A	$1,800	$2,300	$5,800
Park West, Miami, FL	$4,300	$4,100	$5,750	$5,850
Bayshore, Miami Beach, FL	$1,964	$2,372	$6,050	$6,725
Northeast Coconut Grove, Miami, FL	$2,500	$2,600	$6,500	$7,000
Southwest Coconut Grove, Miami, FL	N/A	$1,950	$2,875	$7,790
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,500	$6,900	$8,000
Pinecrest, FL	N/A	$1,950	$2,450	$8,450
South Pointe, Miami Beach, FL	$2,000	$3,850	$9,000	$8,500
Bal Harbour, FL	$3,200	$4,250	$8,400	$9,000

Top Counties Near Coral Way

There are a total of 36 counties located by Coral Way, Miami, FL. Some of these counties include Hialeah, FL, Kendale Lakes-Tamiami, FL, and Miami Gardens, FL. The average rent for rentals in these counties is $3,453. That's roughly around $3 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,800. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Coral Way, Miami, FL.

Typically, rent for studios in Coral Way, Miami, FL is 7.02% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Coral Way, Miami, FL is 8.70% more expensive than other counties nearby. Finally, rent for two bedrooms in Coral Way, Miami, FL is 12.91% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Hialeah, FL	$1,400	$1,838	$2,400	$2,800
Kendale Lakes-Tamiami, FL	$1,250	$1,900	$2,500	$3,000
Miami Gardens, FL	N/A	$1,550	$2,300	$3,000
Hallandale Beach, FL	$1,725	$2,250	$3,350	$3,200
North Westside, FL	$1,900	$2,250	$2,700	$3,355
Miami, FL	$2,150	$2,750	$3,750	$3,550
South Westside, FL	$1,400	$1,625	$2,550	$3,750
Kendall-Palmetto Bay, FL	$1,850	$1,950	$2,600	$3,775
Miami Beach, FL	$2,290	$2,890	$5,400	$4,500
Key Biscayne, FL	$14,200	$3,500	$6,900	$8,000

Top Zipcodes Near Coral Way

There are a total of 47 zipcodes in or near Coral Way, Miami, FL. The average rent for all of these zipcodes is $3,350. A total of 25 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33162, Miami, 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 $1,575. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Coral Way, Miami, FL is $2,025 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,725 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Coral Way, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33145, Miami, FL	$1,675	$2,325	$2,950	$3,475
33135, Miami, FL	$1,400	$1,990	$2,538	$2,275
33133, Miami, FL	$2,500	$2,500	$3,950	$5,200
33129, Miami, FL	$1,850	$2,950	$4,250	$3,900
33130, Miami, FL	$2,100	$3,100	$4,300	$3,850
33125, Miami, FL	$1,750	$1,875	$2,600	$2,550
33134, Coral Gables, FL	$1,940	$2,145	$3,500	$3,400
33131, Miami, FL	$2,956	$3,500	$5,400	$4,375
33146, Coral Gables, FL	$1,850	$2,594	$4,034	$6,000
33132, Miami, FL	$2,600	$3,200	$4,500	$3,924

Frequently Asked Questions - Coral Way Average Rents

What is the average rent price in Coral Way, Miami, FL?

The average monthly rental price for Coral Way, Miami, FL apartments for rent is approximately $3,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Coral Way, 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 Coral Way, Miami, FL.

How much is a studio apartment in Coral Way, Miami, FL?

The average monthly rental price for studio apartments is $1,923 and an average price per square feet of $4.89. There are a total of 8 studio apartment listings currently available for rent in Coral Way.

How much is a one bedroom apartment in Coral Way, Miami, FL?

The average monthly rental price for one bedroom apartments is $2,300 and an average price per square feet of $3.06. There are a total of 45 one bedroom apartment listings currently available for rent in Coral Way.

How much is a two bedroom apartment in Coral Way, Miami, FL?

The average monthly rental price for two bedroom apartments is $3,043 and an average price per square feet of $3.05. There are a total of 76 two bedroom apartment listings currently available for rent in Coral Way.

How have rent prices in Coral Way, Miami, FL changed this year?

Rent prices for rentals in Coral Way, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.36%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.14% year-over-year.

What is a reasonable rent price in Coral Way, Miami, FL?

A reasonable rent price in Coral Way, Miami, FL is around $2,720/month. You can search for these reasonably priced rental listings on RentHop.