Average Rent in Edgewater, Miami, FL

Current Versus Historical Edgewater, Miami, FL Rents

Edgewater rentals average $3,000 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $4 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 decreased by $1,788 (-37.34%) year-over-year from $4,788 to $3,000. 1-bedroom rentals prices have decreased by $25 (-0.85%) year-over-year from $2,925 to $2,900. 2-bedroom rentals prices have decreased by $208 (-5.47%) year-over-year from $3,808 to $3,600. 3-bedroom rentals prices have increased by $1,798 (39.07%) year-over-year from $4,602 to $6,400. 4-bedroom rentals prices have decreased by $17,375 (-41.00%) year-over-year from $42,375 to $25,000. 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 28.17% this month. 1-bedroom rents have gone up by 8.07% this month. 2-bedroom rents have gone down by 0.69% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 7.66% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.97	$2,900	$2,925 (-0.85%)	$1,783 (62.65%)
2 BR	$3.52	$3,600	$3,808 (-5.47%)	$2,260 (59.33%)

Historical Rents in Edgewater, Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Edgewater

There are a total of 29 cities nearby Edgewater. The average rent in Edgewater is currently $3,100 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 Edgewater, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $9,400 per month.

Let's compare Edgewater, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Edgewater, Miami, FL is inf% more affordable than other cities nearby. One bedrooms are about 33.33% more expensive. Two bedrooms in Edgewater, Miami, FL are about 28.77% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 29 total cities near Edgewater, Miami, 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	$1,425	$1,738	$2,425	$2,300
North Bay Village, FL	$2,000	$2,325	$3,300	$2,875
Hialeah, FL	$1,400	$1,850	$2,385	$2,900
Bay Harbor Islands, FL	N/A	$2,625	$4,050	$3,725
Miami, FL	$2,350	$3,100	$4,244	$3,817
Miami Beach, FL	$2,300	$3,000	$5,250	$3,900
Surfside, FL	$2,750	$2,925	$5,000	$5,500
Key Biscayne, FL	$14,200	$3,425	$6,500	$8,000
Bal Harbour, FL	$3,299	$4,500	$8,000	$9,400

Top Neighborhoods Near Edgewater

There are a total of 35 neighborhoods in or near Edgewater. Some of these neighborhoods include Flamingo - Lummus, Altos Del Mar South, and East Little Havana. We've included the top 30 neighborhoods out of 35 total neighborhoods in or near Edgewater, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Edgewater, Miami, FL is currently around $3,350 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $3,350. Out of all the neighborhoods in or near Edgewater, Altos Del Mar South has the most affordable average rent at $2,200 per month. Whereas, at $9,400 average rent per month, Bal Harbour is the most expensive neighborhood in or near Edgewater. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,250	$4,400	$2,200
Altos Del Mar South, Miami Beach, FL	$1,800	$2,000	$3,500	$2,200
East Little Havana, Miami, FL	$1,550	$1,990	$2,500	$2,300
Allapattah, Miami, FL	$1,750	$1,950	$2,475	$2,375
Normandy Isles, Miami Beach, FL	$2,500	$2,000	$2,550	$2,500
Flagami, Miami, FL	$1,350	$1,900	$2,625	$2,600
Treasure Island, North Bay Village, FL	$1,890	$2,200	$2,850	$2,700
West Little Havana, Miami, FL	$1,650	$1,850	$2,750	$2,700
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
California Club, Ives Estates, FL	N/A	$1,775	$2,225	$2,925
Glenvar Heights, FL	N/A	$2,000	$2,825	$2,950
Upper East Side, Miami, FL	$1,550	$2,300	$2,750	$3,225
City Center, Miami Beach, FL	$2,800	$3,200	$9,500	$3,300
Coral Way, Miami, FL	$1,913	$2,225	$2,950	$3,350
Downtown Miami, Miami, FL	$2,900	$3,000	$4,200	$3,500
West Avenue, Miami Beach, FL	$2,400	$3,300	$4,938	$3,500
Media and Entertainment District, Miami, FL	$2,450	$3,200	$4,500	$3,600
Bay Harbor Islands, FL	N/A	$2,625	$4,050	$3,725
South Miami, FL	N/A	$2,100	$3,000	$4,000
Wynwood, Miami, FL	$2,650	$3,500	$4,750	$4,100
Brickell, Miami, FL	$2,975	$3,500	$5,000	$4,425
Edgewater, Miami, FL	$2,150	$3,400	$5,800	$5,200
Altos Del Mar, Surfside, FL	$2,750	$2,950	$5,000	$5,500
Park West, Miami, FL	$4,300	$4,100	$5,725	$5,775
Bayshore, Miami Beach, FL	$1,964	$2,399	$6,000	$6,725
Northeast Coconut Grove, Miami, FL	$2,500	$2,950	$5,688	$7,000
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,425	$6,500	$8,000
South Pointe, Miami Beach, FL	$2,050	$3,550	$9,250	$8,000
Bal Harbour, FL	$3,299	$4,500	$8,000	$9,400

Top Counties Near Edgewater

There are a total of 35 counties located by Edgewater, Miami, FL. Some of these counties include Hialeah, FL, Miami Gardens, FL, and Kendale Lakes-Tamiami, FL. The average rent for rentals in these counties is $3,425. That's roughly around $3 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,600. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Edgewater, Miami, FL.

Typically, rent for studios in Edgewater, Miami, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Edgewater, Miami, FL is 31.67% more expensive than other counties nearby. Finally, rent for two bedrooms in Edgewater, Miami, FL is 23.97% 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	$1,850	$2,400	$2,600
Miami Gardens, FL	N/A	$1,525	$2,200	$3,000
Kendale Lakes-Tamiami, FL	$1,400	$1,900	$2,500	$3,020
Hallandale Beach, FL	$1,800	$2,200	$3,250	$3,200
North Westside, FL	$1,900	$2,150	$2,650	$3,350
Miami, FL	$2,125	$2,750	$3,750	$3,500
South Westside, FL	$1,375	$1,650	$2,900	$3,700
Kendall-Palmetto Bay, FL	$1,800	$1,950	$2,575	$3,700
Miami Beach, FL	$2,300	$2,900	$5,300	$4,500
Key Biscayne, FL	$14,200	$3,425	$6,500	$8,000

Top Zipcodes Near Edgewater

There are a total of 48 zipcodes in or near Edgewater, Miami, FL. The average rent for all of these zipcodes is $3,325. A total of 29 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 $1,525. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Edgewater, Miami, FL is $2,000 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,775 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Edgewater, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33137, Miami, FL	$2,350	$3,275	$5,400	$4,791
33127, Miami, FL	$2,353	$3,205	$2,975	$3,900
33136, Miami, FL	$1,745	$2,000	$2,750	$2,550
33132, Miami, FL	$2,600	$3,300	$4,500	$3,900
33131, Miami, FL	$2,953	$3,475	$5,400	$4,350
33130, Miami, FL	$2,275	$3,100	$4,150	$3,750
33139, Miami Beach, FL	$2,500	$3,050	$7,500	$3,887
33125, Miami, FL	$1,750	$1,875	$2,575	$2,550
33129, Miami, FL	$1,850	$2,950	$4,200	$3,975
33140, Miami Beach, FL	$2,300	$3,000	$4,625	$4,500

Frequently Asked Questions - Edgewater Average Rents

What is the average rent price in Edgewater, Miami, FL?

The average monthly rental price for Edgewater, Miami, FL apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Edgewater, 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 Edgewater, Miami, FL.

How much is a studio apartment in Edgewater, Miami, 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 Edgewater.

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

The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $3.97. There are a total of 8 one bedroom apartment listings currently available for rent in Edgewater.

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

The average monthly rental price for two bedroom apartments is $3,650 and an average price per square feet of $3.52. There are a total of 8 two bedroom apartment listings currently available for rent in Edgewater.

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

Rent prices for rentals in Edgewater, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.37%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.39% year-over-year.

What is a reasonable rent price in Edgewater, Miami, FL?

A reasonable rent price in Edgewater, Miami, FL is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.