Average Rent in Kendall-Palmetto Bay, FL

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Current Versus Historical Kendall-Palmetto Bay, FL Rents

Kendall-Palmetto Bay rentals average $1,200 for a studio rental to $4,300 for a 4-bedroom rental. The median price of all currently available listings is $2,450, or roughly $30 per square feet.

For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $566 (-32.06%) year-over-year from $1,766 to $1,200. 1-bedroom rentals prices have decreased by $63 (-3.11%) year-over-year from $2,013 to $1,950. 2-bedroom rentals prices have increased by $323 (13.83%) year-over-year from $2,333 to $2,656. 3-bedroom rentals prices have decreased by $608 (-17.34%) year-over-year from $3,508 to $2,900. 4-bedroom rentals prices have decreased by $3,517 (-48.06%) year-over-year from $7,317 to $3,800. 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 32.71% this month. 1-bedroom rents have gone up by 1.74% this month. 2-bedroom rents have gone up by 4.08% this month. 3-bedroom rents have gone down by 3.87% this month. 4-bedroom rents have gone down by 11.97% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$8.81	$1,200	$1,766 (-32.06%)	$1,835 (-34.60%)
1 BR	$33.25	$1,950	$2,013 (-3.11%)	$2,050 (-4.88%)
2 BR	$29.94	$2,656	$2,333 (13.83%)	$2,500 (6.24%)
3 BR	$25.01	$2,900	$3,508 (-17.34%)	$3,618 (-19.85%)
4+ BR	$27.31	$3,800	$7,317 (-48.06%)	$6,927 (-45.14%)

Historical Rents in Kendall-Palmetto Bay, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Kendall-Palmetto Bay

There are a total of 3 cities nearby Kendall-Palmetto Bay. The average rent in Kendall-Palmetto Bay is currently $2,900 per month. Our records show that Homestead, FL, with an average rent of $2,500, is the most affordable city nearby. In contrast, the most expensive city near Kendall-Palmetto Bay, FL is Miami, FL. Monthly rents here are on average $3,100 per month.

Let's compare Kendall-Palmetto Bay, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Kendall-Palmetto Bay, FL is 100.00% more affordable than other cities nearby. One bedrooms are about 31.58% more affordable. Two bedrooms in Kendall-Palmetto Bay, FL are about 45.92% more affordable. Finally, rent for three bedrooms are about 32.31% more affordable. Want more information? Check out the top 3 cities near Kendall-Palmetto Bay, FL in the following table.

City	Studio	1 Bed	2 Bed	All
Homestead, FL	N/A	$1,400	$1,950	$2,500
Miami Beach, FL	$2,400	$2,500	$3,575	$2,900
Miami, FL	$2,600	$2,850	$3,600	$3,100

Top Neighborhoods Near Kendall-Palmetto Bay

There are a total of 2 neighborhoods in or near Kendall-Palmetto Bay. Some of these neighborhoods include Downtown Miami and Brickell. We've included all of these top 2 neighborhoods in or near Kendall-Palmetto Bay, FL in the following table.

The average rent for these 2 neighborhoods in or near Kendall-Palmetto Bay, FL is currently around $3,419 per month. Interestingly, the neighborhoods' average rent is higher than Kendall-Palmetto Bay's average rent, which is only $2,450. Out of all the neighborhoods in or near Kendall-Palmetto Bay, Downtown Miami has the most affordable average rent at $2,938 per month. Whereas, at $3,900 average rent per month, Brickell is the most expensive neighborhood in or near Kendall-Palmetto Bay. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Miami, Miami, FL	$2,390	$2,938	$3,600	$2,938
Brickell, Miami, FL	$2,995	$3,525	$4,500	$3,900

Top Counties Near Kendall-Palmetto Bay

There are a total of 5 counties located by Kendall-Palmetto Bay, FL. Some of these counties include Kendale Lakes-Tamiami, FL, Princeton-Goulds, FL, and Miami, FL. The average rent for rentals in these counties is $2,800. That's roughly around $29 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Kendale Lakes-Tamiami, FL. Its average rent per month is $2,350. Vice versa, with an average rent of $3,100, North Westside, FL is the most expensive county by Kendall-Palmetto Bay, FL.

In comparison, rent for one bedroom listings in Kendall-Palmetto Bay, FL is 2.63% more affordable than other counties nearby. Finally, rent for two bedrooms in Kendall-Palmetto Bay, FL is 0.12% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Kendale Lakes-Tamiami, FL	N/A	$1,880	$2,275	$2,350
Princeton-Goulds, FL	N/A	$1,700	$1,965	$2,595
Miami, FL	$2,505	$2,273	$2,812	$2,800
Miami Beach, FL	$2,250	$2,425	$3,750	$2,950
North Westside, FL	N/A	$1,950	$2,447	$3,100

Top Zipcodes Near Kendall-Palmetto Bay

There are a total of 3 zipcodes in or near Kendall-Palmetto Bay, FL. The average rent for all of these zipcodes is $3,000. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33141, Miami Beach, FL at $2,450 per month. In comparison, the zipcode with the most expensive average rent of $3,350 per month is 33132, Miami, FL.

Studios in these zipcodes have an average rent of $2,445. That's at least $60 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Kendall-Palmetto Bay, FL is $2,500 per month. Or in other words, $48 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,200 per month. Which comes out to $48 per sqft. The following table includes the top 3 zipcodes in Kendall-Palmetto Bay, 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	$2,600	$2,500	$4,200	$3,000
33132, Miami, FL	$2,445	$3,300	$4,350	$3,350
33141, Miami Beach, FL	$1,850	$2,100	$2,595	$2,450

Frequently Asked Questions - Kendall-Palmetto Bay Average Rents

What is the average rent price in Kendall-Palmetto Bay, FL?

The average monthly rental price for Kendall-Palmetto Bay, FL apartments for rent is approximately $2,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Kendall-Palmetto 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 Kendall-Palmetto Bay, FL.

How much is a studio apartment in Kendall-Palmetto Bay, FL?

The average monthly rental price for studio apartments is $1,200 and an average price per square feet of $8.81. There are a total of 1 studio apartment listings currently available for rent in Kendall-Palmetto Bay.

How much is a one bedroom apartment in Kendall-Palmetto Bay, FL?

The average monthly rental price for one bedroom apartments is $1,900 and an average price per square feet of $33.25. There are a total of 16 one bedroom apartment listings currently available for rent in Kendall-Palmetto Bay.

How much is a two bedroom apartment in Kendall-Palmetto Bay, FL?

The average monthly rental price for two bedroom apartments is $2,450 and an average price per square feet of $29.94. There are a total of 15 two bedroom apartment listings currently available for rent in Kendall-Palmetto Bay.

How have rent prices in Kendall-Palmetto Bay, FL changed this year?

Rent prices for rentals in Kendall-Palmetto Bay, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.32%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.14%, three bedroom rental prices have changed by -0.17% year-over-year.

What is a reasonable rent price in Kendall-Palmetto Bay, FL?

A reasonable rent price in Kendall-Palmetto Bay, FL is around $1,960/month. You can search for these reasonably priced rental listings on RentHop.