Average Rent in Kendall-Palmetto Bay, FL

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Current Versus Historical Kendall-Palmetto Bay, FL Rents

Kendall-Palmetto Bay rentals average $1,850 for a 1-bedroom rental to $15,000 for a 4-bedroom rental. The median price of all currently available listings is $4,950, or roughly $3 per square feet.

For the apartment units and housing in May 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $83 (5.00%) year-over-year from $1,667 to $1,750. 1-bedroom rentals prices have decreased by $83 (-4.19%) year-over-year from $1,983 to $1,900. 2-bedroom rentals prices have decreased by $33 (-1.32%) year-over-year from $2,533 to $2,500. 3-bedroom rentals prices have increased by $100 (2.86%) year-over-year from $3,500 to $3,600. 4-bedroom rentals prices have increased by $1,733 (22.32%) year-over-year from $7,767 to $9,500. 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 7.06% this month. 1-bedroom rents have gone down by 5.00% this month. 2-bedroom rents have gone up by 2.04% this month. 3-bedroom rents have gone up by 2.37% this month. 4-bedroom rents have gone up by 12.66% this month.

Beds	Price / Sqft	May 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.61	$1,900	$1,983 (-4.19%)	$1,873 (1.46%)
2 BR	$3.41	$2,500	$2,533 (-1.32%)	$2,277 (9.81%)
3 BR	$5.45	$3,600	$3,500 (2.86%)	$3,266 (10.23%)
4+ BR	$3.08	$9,500	$7,767 (22.32%)	$8,317 (14.23%)

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 $2,995 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Kendale Lakes, FL, with an average rent of $2,699, 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 $3,875 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 inf% more affordable than other cities nearby. One bedrooms are about 13.51% more affordable. Two bedrooms in Kendall-Palmetto Bay, FL are about 58.97% more affordable. Finally, rent for three bedrooms are about 50.25% more expensive. Want more information? Check out the top 3 cities near Kendall-Palmetto Bay, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Kendale Lakes, FL	N/A	$1,888	$2,400	$2,699
South Miami, FL	$1,700	$2,100	$3,100	$2,995
Miami, FL	$2,500	$3,300	$4,200	$3,875

Top Neighborhoods Near Kendall-Palmetto Bay

There are a total of 2 neighborhoods in or near Kendall-Palmetto Bay. We've included all of these top 2 neighborhoods in or near Kendall-Palmetto Bay, FL in the following chart.

The average rent for these 2 neighborhoods in or near Kendall-Palmetto Bay, FL is currently around $3,875 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Kendall-Palmetto Bay, Allapattah has the most affordable average rent at $2,250 per month. Whereas, at $5,500 average rent per month, Bayshore is the most expensive neighborhood in or near Kendall-Palmetto Bay. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Allapattah, Miami, FL	$1,600	$1,695	$2,300	$2,250
Bayshore, Miami Beach, FL	$2,050	$2,450	$2,995	$5,500

Top Counties Near Kendall-Palmetto Bay

There are a total of 2 counties located by Kendall-Palmetto Bay, FL.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Kendall-Palmetto Bay

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

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 $4,950. 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 $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 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 $1,850 and an average price per square feet of $2.61. There are a total of 3 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 $1,950 and an average price per square feet of $3.41. There are a total of 2 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 0.05%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.03% 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 $3,960/month. You can search for these reasonably priced rental listings on RentHop.