Average Rent in Florida

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Current Versus Historical Florida Rents

Florida rentals average $1,985 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $2,705, or roughly $2 per square feet.
For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $20 (1.09%) year-over-year from $1,867 to $1,887. 1-bedroom rentals prices have increased by $92 (4.45%) year-over-year from $2,058 to $2,150. 2-bedroom rentals prices have increased by $115 (5.01%) year-over-year from $2,300 to $2,415. 3-bedroom rentals prices have decreased by $48 (-1.76%) year-over-year from $2,748 to $2,700. 4-bedroom rentals prices have increased by $83 (2.51%) year-over-year from $3,317 to $3,400. 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 5.09% this month. 1-bedroom rents have gone up by 3.40% this month. 2-bedroom rents have gone up by 1.90% this month. 3-bedroom rents have gone down by 1.22% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.48 $1,887 $1,867 (1.09%) $1,563 (20.70%)
1 BR $3.00 $2,150 $2,058 (4.45%) $1,774 (21.17%)
2 BR $2.44 $2,415 $2,300 (5.01%) $1,791 (34.82%)
3 BR $1.86 $2,700 $2,748 (-1.76%) $2,052 (31.60%)
4+ BR $1.62 $3,400 $3,317 (2.51%) $2,698 (26.00%)

Historical Rents in Florida

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Florida

There are a total of 27 cities nearby Florida. The average rent in Florida is currently $2,825 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that Orlando, FL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Florida is Key Biscayne, FL. Monthly rents here are on average $8,500 per month.

Let's compare Florida's rent against other top cities nearby by bedroom size. Typically, rent for studios in Florida is 16.55% more expensive than other cities nearby. One bedrooms are about 5.36% more expensive. Two bedrooms in Florida are about 3.85% more affordable. Finally, rent for three bedrooms are about 29.31% more affordable. Want more information? Check out the top 10 cities out of 27 total cities near Florida in the following chart.
City Studio 1 Bed 2 Bed All
Orlando, FL $1,656 $1,500 $1,850 $2,000
West Palm Beach, FL $1,775 $1,775 $2,150 $2,200
Coral Springs, FL N/A $1,700 $2,000 $2,200
St. Petersburg, FL $1,400 $1,649 $2,400 $2,383
Cape Coral, FL N/A N/A $2,500 $2,390
Four Corners, FL N/A $1,560 $1,915 $2,500
Tampa, FL $1,925 $2,246 $2,785 $2,636
Clearwater, FL $2,200 $1,625 $3,300 $3,000
Sarasota, FL N/A $2,299 $3,500 $3,800
Weston, FL N/A $1,988 $2,700 $4,000

Top Neighborhoods Near Florida

There are a total of 51 neighborhoods in or near Florida. Some of these neighborhoods include Metro West, Oakland Park, and Flamingo - Lummus. We've included the top 30 neighborhoods out of 51 total neighborhoods in or near Florida in the following chart.

The average rent for these 30 neighborhoods in or near Florida is currently around $3,200 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $3,200. Interestingly, the neighborhoods' average rent is higher than Florida's average rent, which is only $2,705. Out of all the neighborhoods in or near Florida, Metro West has the most affordable average rent at $1,800 per month. Whereas, at $9,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near Florida. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Metro West, Orlando, FL N/A $1,395 $1,800 $1,800
Oakland Park, FL N/A $1,750 $2,200 $2,200
Flamingo - Lummus, Miami Beach, FL $1,800 $2,175 $3,225 $2,200
Normandy Isles, Miami Beach, FL $1,650 $1,963 $2,700 $2,300
East Little Havana, Miami, FL $1,600 $1,925 $2,450 $2,300
West Little Havana, Miami, FL $1,525 $1,850 $2,625 $2,375
Flagami, Miami, FL $1,375 $1,998 $2,500 $2,400
Little Haiti, Miami, FL $1,600 $1,900 $2,525 $2,650
Dania Beach, FL $1,250 $1,700 $2,400 $2,700
Cutler Bay, FL N/A $1,675 $2,350 $2,700
Upper East Side, Miami, FL $1,698 $2,000 $2,900 $2,900
Princeton, FL N/A $1,450 $2,475 $2,900
City Center, Miami Beach, FL $2,600 $3,200 $7,000 $3,200
Hallandale Beach, FL $1,925 $2,300 $3,200 $3,200
Coral Way, Miami, FL $1,800 $2,300 $2,950 $3,275
Lakewood Ranch, Myakka City, FL N/A N/A $3,181 $3,400
West Avenue, Miami Beach, FL $2,395 $3,000 $4,500 $3,425
Media and Entertainment District, Miami, FL $2,500 $3,128 $4,250 $3,500
Hollywood Beach - Quadoman, Hollywood, FL $2,300 $2,800 $4,500 $3,500
Downtown Miami, Miami, FL $2,800 $3,000 $4,100 $3,600
Hollywood Lakes, Hollywood, FL $1,350 $1,900 $2,898 $4,200
Brickell, Miami, FL $2,800 $3,450 $5,000 $4,325
Wynwood, Miami, FL $2,500 $3,900 $4,800 $4,350
Weston, FL N/A N/A $2,950 $5,000
Edgewater, Miami, FL $2,025 $3,200 $5,500 $5,200
Park West, Miami, FL $3,825 $4,500 $6,250 $6,000
South Pointe, Miami Beach, FL $1,900 $3,725 $8,250 $6,950
Northeast Coconut Grove, Miami, FL N/A $2,700 $5,550 $7,975
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,500 $7,000 $8,500
Bal Harbour, FL $3,000 $4,100 $8,000 $9,000

Top Counties Near Florida

There are a total of 51 counties located by Florida. Some of these counties include Alachua, FL, Marion, FL, and Polk, FL. The average rent for rentals in these counties is $2,400. That's roughly around $2 per sqft. A total of 15 counties have a lower average rent. The county that is the most affordable is Alachua, FL. It's average rent per month is $1,800. Vice versa, with an average rent of $3,400, Miami-Dade, FL is the most expensive county by Florida.

Typically, rent for studios in Florida is 52.13% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Florida is 28.57% more expensive than other counties nearby. Finally, rent for two bedrooms in Florida is 23.08% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Alachua, FL $950 $950 $1,400 $1,800
Marion, FL N/A $1,190 $1,550 $1,850
Polk, FL $750 $1,125 $1,500 $2,150
Pasco, FL $1,550 $1,300 $1,697 $2,295
Orange, FL $1,475 $1,499 $1,850 $2,350
Lake, FL $1,100 $1,100 $1,750 $2,375
Hillsborough, FL $1,924 $2,110 $2,000 $2,400
Pinellas, FL $1,450 $1,650 $2,350 $2,450
Manatee, FL N/A $1,700 $2,800 $3,000
Sarasota, FL N/A $2,000 $3,100 $3,295

Top Zipcodes Near Florida

There are a total of 38 zipcodes in or near Florida. The average rent for all of these zipcodes is $3,500. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33065, Coral Springs, FL at $2,150 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 $1,793. 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 Florida is $2,325 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,475 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Florida. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33139, Miami Beach, FL $2,400 $2,950 $6,000 $3,500
33160, North Miami Beach, FL $2,100 $2,350 $4,300 $4,700
33141, Miami Beach, FL $1,798 $2,350 $3,700 $3,100
33131, Miami, FL $2,850 $3,450 $5,200 $4,200
33009, Hallandale Beach, FL $1,925 $2,300 $3,200 $3,300
33132, Miami, FL $2,675 $3,200 $4,300 $3,850
33019, Hollywood, FL $2,300 $2,800 $4,300 $3,725
33140, Miami Beach, FL $2,400 $3,000 $4,500 $4,000
33137, Miami, FL $2,045 $3,200 $5,400 $4,800
33180, Aventura, FL N/A $2,500 $3,450 $3,700

Frequently Asked Questions - Florida Average Rents

What is the average rent price in Florida?
The average monthly rental price for Florida apartments for rent is approximately $2,705. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Florida 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 Florida.
How much is a studio apartment in Florida?
The average monthly rental price for studio apartments is $1,985 and an average price per square feet of $4.48. There are a total of 856 studio apartment listings currently available for rent in Florida.
How much is a one bedroom apartment in Florida?
The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $3.00. There are a total of 5,432 one bedroom apartment listings currently available for rent in Florida.
How much is a two bedroom apartment in Florida?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $2.44. There are a total of 10,295 two bedroom apartment listings currently available for rent in Florida.
How have rent prices in Florida changed this year?
Rent prices for rentals in Florida can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Florida?
A reasonable rent price in Florida is around $2,164/month. You can search for these reasonably priced rental listings on RentHop.
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