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 $0 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 May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $125 (-6.67%) year-over-year from $1,875 to $1,750. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,200 to $2,200. 2-bedroom rentals prices have increased by $383 (12.11%) year-over-year from $3,167 to $3,550. 3-bedroom rentals prices have increased by $1,917 (29.11%) year-over-year from $6,583 to $8,500. 4-bedroom rentals prices have decreased by $1,933 (-21.64%) year-over-year from $8,933 to $7,000. 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 1.78% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 5.03% this month. 3-bedroom rents have gone up by 8.51% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.07 $1,750 $1,875 (-6.67%) $1,325 (32.08%)
1 BR $4.06 $2,200 $2,200 (0.00%) $1,567 (40.43%)
2 BR $4.38 $3,550 $3,167 (12.11%) $2,300 (54.35%)
3 BR $4.40 $8,500 $6,583 (29.11%) $5,442 (56.20%)

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 $3,600 per month. Only one city nearby has 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 $10,750 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 6.94% more affordable than other cities nearby. One bedrooms are about 10.73% more affordable. Two bedrooms in Flamingo - Lummus, Miami Beach, FL are about 20.45% more expensive. Finally, rent for three bedrooms are about 23.53% 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 N/A $1,650 $2,100 $2,100
North Miami, FL $1,563 $1,795 $2,500 $2,250
North Miami Beach, FL $1,543 $1,800 $3,250 $2,840
North Bay Village, FL $2,000 $2,325 $3,500 $3,000
Miami Beach, FL $2,200 $2,925 $5,200 $3,850
Miami, FL $2,400 $3,100 $4,350 $3,900
Bay Harbor Islands, FL N/A $2,600 $4,300 $4,300
Surfside, FL $2,750 $2,950 $5,100 $5,100
Key Biscayne, FL $14,200 $3,700 $6,975 $8,500
Bal Harbour, FL $3,000 $3,900 $11,450 $10,750

Top Neighborhoods Near Flamingo - Lummus

There are a total of 27 neighborhoods in or near Flamingo - Lummus. Some of these neighborhoods include Altos Del Mar South, East Little Havana, and Normandy Isles. We've included all of these top 27 neighborhoods in or near Flamingo - Lummus, Miami Beach, FL in the following chart.

The average rent for these 27 neighborhoods in or near Flamingo - Lummus, Miami Beach, FL is currently around $3,550 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty-six neighborhoods have a higher average rent than $3,550. 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 $2,000 per month. Whereas, at $13,500 average rent per month, Venetian Islands 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 $2,000 $3,450 $2,000
East Little Havana, Miami, FL $1,700 $2,025 $2,576 $2,500
Normandy Isles, Miami Beach, FL $2,000 $2,100 $2,550 $2,525
Treasure Island, North Bay Village, FL $2,000 $2,300 $2,950 $2,788
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,300 $2,950
Little Haiti, Miami, FL $1,625 $1,875 $2,600 $2,950
California Club, Ives Estates, FL N/A $1,750 $2,200 $2,995
Sunny Isles Shores, Sunny Isles Beach, FL N/A $2,100 $3,900 $3,000
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,820 $3,000
Upper East Side, Miami, FL $1,650 $2,200 $2,650 $3,125
City Center, Miami Beach, FL $2,800 $3,200 $7,000 $3,300
Hallandale Beach, FL $1,925 $2,300 $3,499 $3,300
Downtown Miami, Miami, FL $2,725 $3,000 $4,325 $3,500
West Avenue, Miami Beach, FL $2,375 $3,272 $4,850 $3,550
Media and Entertainment District, Miami, FL $2,450 $3,075 $4,500 $3,600
Wynwood, Miami, FL $2,555 $3,475 $5,000 $4,100
Bay Harbor Islands, FL N/A $2,600 $4,300 $4,300
Brickell, Miami, FL $2,950 $3,500 $5,000 $4,500
The Waterways, Aventura, FL N/A $2,446 $3,500 $4,500
Edgewater, Miami, FL $1,900 $3,300 $5,800 $5,203
Altos Del Mar, Surfside, FL $2,750 $2,950 $5,450 $5,450
Park West, Miami, FL $3,700 $3,800 $5,600 $5,825
Bayshore, Miami Beach, FL $2,398 $2,700 $6,300 $7,595
South Pointe, Miami Beach, FL $1,925 $3,850 $8,945 $7,950
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,700 $6,975 $8,500
Bal Harbour, FL $3,000 $3,900 $11,450 $10,750
Venetian Islands, Miami Beach, FL N/A $4,125 $5,700 $13,500

Top Counties Near Flamingo - Lummus

There are a total of 27 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 $4,500. 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 $3,400. Vice versa, with an average rent of $8,500, 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 22.22% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Flamingo - Lummus, Miami Beach, FL is 28.80% more affordable than other counties nearby. Finally, rent for two bedrooms in Flamingo - Lummus, Miami Beach, FL is 22.73% 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 $1,850 $2,300 $3,500 $3,400
Miami Beach, FL $2,200 $2,834 $5,400 $4,500
Key Biscayne, FL $14,200 $3,700 $6,975 $8,500

Top Zipcodes Near Flamingo - Lummus

There are a total of 21 zipcodes in or near Flamingo - Lummus, Miami Beach, FL. The average rent for all of these zipcodes is $3,800. 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 33162, Miami, FL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,840. 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 Flamingo - Lummus, 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 $3,900 per month. Which comes out to $3 per sqft. The following chart includes the top 10 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
33139, Miami Beach, FL $2,450 $3,000 $7,000 $3,875
33140, Miami Beach, FL $2,450 $3,000 $4,500 $4,500
33132, Miami, FL $2,625 $3,200 $4,500 $3,950
33131, Miami, FL $2,925 $3,463 $5,250 $4,399
33137, Miami, FL $2,398 $3,300 $5,353 $4,916
33141, Miami Beach, FL $1,800 $2,488 $3,900 $3,198
33136, Miami, FL $1,840 $2,200 $2,800 $2,700
33130, Miami, FL $2,250 $3,100 $4,250 $3,800
33149, Key Biscayne, FL $14,200 $3,700 $6,975 $8,500
33129, Miami, FL $1,550 $2,950 $4,300 $3,950

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 $4.07. There are a total of 66 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 $4.06. There are a total of 171 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 $4,400 and an average price per square feet of $4.38. There are a total of 44 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 -0.07%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.29% 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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