Average Rent in Cutler Bay, FL

Current Versus Historical Cutler Bay, FL Rents

Cutler Bay rentals average $1,725 for a 1-bedroom rental to $4,900 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $803 (115.31%) year-over-year from $697 to $1,500. 1-bedroom rentals prices have increased by $175 (11.11%) year-over-year from $1,575 to $1,750. 2-bedroom rentals prices have increased by $300 (13.64%) year-over-year from $2,200 to $2,500. 3-bedroom rentals prices have decreased by $8 (-0.28%) year-over-year from $2,958 to $2,950. 4-bedroom rentals prices have increased by $667 (17.39%) year-over-year from $3,833 to $4,500. 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 0.00% this month. 1-bedroom rents have gone down by 0.24% this month. 2-bedroom rents have gone up by 3.09% this month. 3-bedroom rents have gone up by 1.43% this month. 4-bedroom rents have gone down by 17.43% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.30	$1,750	$1,575 (11.11%)	$1,300 (34.62%)
2 BR	$2.41	$2,500	$2,200 (13.64%)	$1,586 (57.65%)
3 BR	$1.97	$2,950	$2,958 (-0.28%)	$1,933 (52.59%)
4+ BR	$1.86	$4,500	$3,833 (17.39%)	$3,538 (27.18%)

Historical Rents in Cutler Bay, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Cutler Bay

There are a total of 3 cities nearby Cutler Bay. The average rent in Cutler Bay is currently $3,000 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Princeton, FL, with an average rent of $2,900, is the most affordable city nearby. In contrast, the most expensive city near Cutler Bay, FL is Palmetto Bay, FL. Monthly rents here are on average $6,000 per month.

Let's compare Cutler Bay, FL's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Cutler Bay, FL are about 1.00% more expensive. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 3 cities near Cutler Bay, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Princeton, FL	N/A	$1,525	$2,475	$2,900
Cutler Bay, FL	N/A	$1,725	$2,500	$3,000
Palmetto Bay, FL	N/A	$1,800	$2,300	$6,000

Top Neighborhoods Near Cutler Bay

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

The average rent for these 2 neighborhoods in or near Cutler Bay, FL is currently around $4,350 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. Interestingly, the neighborhoods' average rent is higher than Cutler Bay's average rent, which is only $3,000. Out of all the neighborhoods in or near Cutler Bay, Princeton has the most affordable average rent at $2,900 per month. Whereas, at $5,800 average rent per month, Palmetto Bay is the most expensive neighborhood in or near Cutler Bay. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Princeton, FL	N/A	$1,525	$2,475	$2,900
Palmetto Bay, FL	N/A	$1,800	$2,300	$5,800

Top Counties Near Cutler Bay

There are a total of 2 counties located by Cutler Bay, FL. The average rent for rentals in these counties is $2,850. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Princeton-Goulds, FL. It's average rent per month is $2,850. Vice versa, with an average rent of $2,850, Princeton-Goulds, FL is the most expensive county by Cutler Bay, FL.

Typically, rent for studios in Cutler Bay, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Cutler Bay, FL is 4.35% more expensive than other counties nearby. Finally, rent for two bedrooms in Cutler Bay, FL is 8.50% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Princeton-Goulds, FL	$1,250	$1,650	$2,288	$2,850

Top Zipcodes Near Cutler Bay

There are a total of 3 zipcodes in or near Cutler Bay, FL. The average rent for all of these zipcodes is $2,900. 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 33032, Princeton, FL at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $3,600 per month is 33157, Palmetto Bay, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Cutler Bay, FL is $1,600 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,300 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in Cutler Bay, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33157, Palmetto Bay, FL	N/A	$1,625	$2,300	$3,600
33177, South Miami Heights, FL	N/A	$1,500	$2,500	$2,900
33032, Princeton, FL	$1,350	$1,600	$2,200	$2,900

Frequently Asked Questions - Cutler Bay Average Rents

What is the average rent price in Cutler Bay, FL?

The average monthly rental price for Cutler Bay, FL apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Cutler Bay, 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 Cutler Bay, FL.

How much is a studio apartment in Cutler Bay, 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 Cutler Bay.

How much is a one bedroom apartment in Cutler Bay, FL?

The average monthly rental price for one bedroom apartments is $1,725 and an average price per square feet of $2.30. There are a total of 9 one bedroom apartment listings currently available for rent in Cutler Bay.

How much is a two bedroom apartment in Cutler Bay, FL?

The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $2.41. There are a total of 11 two bedroom apartment listings currently available for rent in Cutler Bay.

How have rent prices in Cutler Bay, FL changed this year?

Rent prices for rentals in Cutler Bay, FL can fluctuate yearly. Specifically, studio rental prices have changed by 1.15%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in Cutler Bay, FL?

A reasonable rent price in Cutler Bay, FL is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.