Average Rent in Flamingo - Lummus, Miami Beach, FL

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Current Versus Historical Flamingo - Lummus, Miami Beach, FL Rents

Flamingo - Lummus rentals average $1,800 for a studio rental to $15,750 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $4 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $17 (0.93%) year-over-year from $1,783 to $1,800. 1-bedroom rentals prices have increased by $33 (1.54%) year-over-year from $2,167 to $2,200. 2-bedroom rentals prices have increased by $117 (3.90%) year-over-year from $2,984 to $3,100. 3-bedroom rentals prices have decreased by $8,167 (-56.65%) year-over-year from $14,417 to $6,250. 4-bedroom rentals prices have increased by $10,908 (225.25%) year-over-year from $4,843 to $15,750. 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 up by 2.67% this month. 1-bedroom rents have gone up by 2.33% this month. 2-bedroom rents have gone up by 5.98% this month. 3-bedroom rents have gone down by 48.98% this month. 4-bedroom rents have gone up by 48.82% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.12 $1,800 $1,783 (0.93%) $1,550 (16.13%)
1 BR $3.87 $2,200 $2,167 (1.54%) $1,958 (12.34%)
2 BR $3.89 $3,100 $2,984 (3.90%) $2,808 (10.39%)
3 BR $6.06 $6,250 $14,417 (-56.65%) $4,330 (44.34%)
4+ BR $4.87 $15,750 $4,843 (225.25%) $17,144 (-8.13%)

Historical Rents in Flamingo - Lummus, Miami Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Flamingo - Lummus

There are a total of 15 cities nearby Flamingo - Lummus. The average rent in Flamingo - Lummus is currently $3,500 per month. A total of 2 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 Flamingo - Lummus, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $12,000 per month.

Let's compare Flamingo - Lummus, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Flamingo - Lummus, Miami Beach, FL is 2.78% more expensive than other cities nearby. One bedrooms are about 4.55% more affordable. Two bedrooms in Flamingo - Lummus, Miami Beach, FL are about 6.45% more affordable. Finally, rent for three bedrooms are about 36.22% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Flamingo - Lummus, Miami Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL $1,400 $1,650 $2,175 $2,100
North Miami, FL $1,600 $1,750 $2,500 $2,200
North Miami Beach, FL $1,295 $1,899 $2,900 $2,600
North Bay Village, FL $1,900 $2,175 $3,175 $3,100
Miami Beach, FL $2,349 $2,750 $4,600 $3,500
Miami, FL $2,300 $3,000 $3,900 $3,500
Bay Harbor Islands, FL $1,750 $2,150 $4,800 $3,950
Surfside, FL $2,648 $3,150 $4,800 $4,800
Key Biscayne, FL N/A $3,050 $6,750 $8,000
Bal Harbour, FL $3,050 $4,000 $8,500 $12,000

Top Neighborhoods Near Flamingo - Lummus

There are a total of 26 neighborhoods in or near Flamingo - Lummus. Some of these neighborhoods include Altos Del Mar South, Overtown, and East Little Havana. We've included all of these top 26 neighborhoods in or near Flamingo - Lummus, Miami Beach, FL in the following chart.

The average rent for these 26 neighborhoods in or near Flamingo - Lummus, Miami Beach, FL is currently around $3,375 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $3,375. Interestingly, the neighborhoods' average rent is higher than Flamingo - Lummus's average rent, which is only $2,200. Out of all the neighborhoods in or near Flamingo - Lummus, Altos Del Mar South has the most affordable average rent at $2,050 per month. Whereas, at $12,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near Flamingo - Lummus. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,700 $1,900 $3,000 $2,050
Overtown, Miami, FL $1,999 $1,700 $2,300 $2,075
East Little Havana, Miami, FL $1,550 $1,850 $2,350 $2,300
Eastern Shores, North Miami Beach, FL N/A $1,963 $2,400 $2,300
Upper East Side, Miami, FL $1,750 $1,975 $2,650 $2,400
California Club, Ives Estates, FL N/A $1,775 $2,298 $2,405
Normandy Isles, Miami Beach, FL $1,600 $2,050 $2,600 $2,500
Little Haiti, Miami, FL $1,449 $2,000 $2,500 $2,800
Treasure Island, North Bay Village, FL N/A $2,100 $3,000 $3,000
Hallandale Beach, FL $1,675 $2,300 $3,200 $3,000
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,550 $3,350 $3,200
City Center, Miami Beach, FL $2,600 $3,200 $9,000 $3,200
Media and Entertainment District, Miami, FL $2,300 $3,000 $4,000 $3,300
West Avenue, Miami Beach, FL $2,456 $3,102 $4,900 $3,450
Downtown Miami, Miami, FL $2,600 $3,000 $3,950 $3,500
Bay Harbor Islands, FL $1,750 $2,150 $4,800 $3,950
Wynwood, Miami, FL $2,750 $3,500 $4,999 $4,000
Brickell, Miami, FL $2,650 $3,450 $4,700 $4,200
The Waterways, Aventura, FL N/A N/A $3,475 $4,500
Park West, Miami, FL $3,200 $4,000 $5,900 $4,900
Altos Del Mar, Surfside, FL $2,648 $3,150 $5,250 $4,950
Edgewater, Miami, FL $1,843 $3,250 $5,050 $5,000
Bayshore, Miami Beach, FL N/A $3,950 $5,500 $5,500
South Pointe, Miami Beach, FL $1,850 $3,400 $9,800 $5,925
Village of Key Biscayne, Key Biscayne, FL N/A $3,050 $6,750 $8,000
Bal Harbour, FL $3,050 $4,000 $8,500 $12,000

Top Counties Near Flamingo - Lummus

There are a total of 26 counties located by Flamingo - Lummus, 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 $4,000. That's roughly around $4 per sqft. The county that is the most affordable is Hallandale Beach, FL. It's average rent per month is $3,000. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Flamingo - Lummus, Miami Beach, FL.

Typically, rent for studios in Flamingo - Lummus, Miami Beach, FL is 6.94% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Flamingo - Lummus, Miami Beach, FL is 22.73% more affordable than other counties nearby. Finally, rent for two bedrooms in Flamingo - Lummus, Miami Beach, FL is 54.84% more affordable 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 $1,675 $2,300 $3,200 $3,000
Miami Beach, FL $2,200 $2,700 $4,800 $4,000
Key Biscayne, FL N/A $3,050 $6,750 $8,000

Top Zipcodes Near Flamingo - Lummus

There are a total of 4 zipcodes in or near Flamingo - Lummus, Miami Beach, FL. The average rent for all of these zipcodes is $3,525.

The following chart includes the top 4 zipcodes in Flamingo - Lummus, Miami Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33137, Miami, FL $2,150 $3,200 $4,999 $4,600
33130, Miami, FL $2,300 $3,000 $3,754 $3,500
33180, Aventura, FL N/A $2,400 $3,420 $3,550
33179, Ives Estates, FL $1,425 $1,800 $2,300 $2,375

Frequently Asked Questions - Flamingo - Lummus Average Rents

What is the average rent price in Flamingo - Lummus, Miami Beach, FL?
The average monthly rental price for Flamingo - Lummus, Miami Beach, FL apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Flamingo - Lummus, 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 Flamingo - Lummus, Miami Beach, FL.
How much is a studio apartment in Flamingo - Lummus, Miami Beach, FL?
The average monthly rental price for studio apartments is $1,800 and an average price per square feet of $4.12. There are a total of 75 studio apartment listings currently available for rent in Flamingo - Lummus.
How much is a one bedroom apartment in Flamingo - Lummus, Miami Beach, FL?
The average monthly rental price for one bedroom apartments is $2,200 and an average price per square feet of $3.87. There are a total of 125 one bedroom apartment listings currently available for rent in Flamingo - Lummus.
How much is a two bedroom apartment in Flamingo - Lummus, Miami Beach, FL?
The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $3.89. There are a total of 50 two bedroom apartment listings currently available for rent in Flamingo - Lummus.
How have rent prices in Flamingo - Lummus, Miami Beach, FL changed this year?
Rent prices for rentals in Flamingo - Lummus, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by -0.57% year-over-year.
What is a reasonable rent price in Flamingo - Lummus, Miami Beach, FL?
A reasonable rent price in Flamingo - Lummus, Miami Beach, FL is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.
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