Average Rent in Media and Entertainment District, Miami, FL

Current Versus Historical Media and Entertainment District, Miami, FL Rents

Media and Entertainment District rentals average $2,450 for a studio rental to $23,000 for a 4-bedroom rental. The median price of all currently available listings is $3,600, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $125 (5.39%) year-over-year from $2,325 to $2,450. 1-bedroom rentals prices have increased by $41 (1.37%) year-over-year from $2,957 to $2,997. 2-bedroom rentals prices have increased by $108 (2.63%) year-over-year from $4,117 to $4,225. 3-bedroom rentals prices have decreased by $825 (-8.48%) year-over-year from $9,725 to $8,900. 4-bedroom rentals prices have increased by $8,467 (112.39%) year-over-year from $7,533 to $16,000. 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 up by 5.76% this month. 1-bedroom rents have gone up by 0.49% this month. 2-bedroom rents have gone down by 1.36% this month. 3-bedroom rents have gone up by 20.27% this month. 4-bedroom rents have gone down by 12.73% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.61 $2,450 $2,325 (5.39%) $1,667 (47.00%)
1 BR $3.65 $2,997 $2,957 (1.37%) $1,975 (51.75%)
2 BR $4.23 $4,225 $4,117 (2.63%) $3,083 (37.03%)
3 BR $5.30 $8,900 $9,725 (-8.48%) $5,417 (64.31%)
4+ BR $7.94 $16,000 $7,533 (112.39%) $14,875 (7.56%)

Historical Rents in Media and Entertainment District, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Media and Entertainment District

There are a total of 30 cities nearby Media and Entertainment District. The average rent in Media and Entertainment District is currently $3,000 per month. A total of 19 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 Media and Entertainment District, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $9,800 per month.

Let's compare Media and Entertainment District, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Media and Entertainment District, Miami, FL is 42.60% more expensive than other cities nearby. One bedrooms are about 37.17% more expensive. Two bedrooms in Media and Entertainment District, Miami, FL are about 43.33% more expensive. Finally, rent for three bedrooms are about 54.04% more expensive. Want more information? Check out the top 10 cities out of 30 total cities near Media and Entertainment District, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL N/A $1,600 $2,100 $2,100
North Miami, FL $1,413 $1,750 $2,400 $2,250
North Bay Village, FL $2,000 $2,325 $3,300 $2,875
Bay Harbor Islands, FL N/A $2,600 $4,050 $3,650
Miami, FL $2,350 $3,100 $4,200 $3,800
Miami Beach, FL $2,300 $3,000 $5,200 $3,887
Coral Gables, FL $1,850 $2,250 $3,875 $4,500
Surfside, FL $2,750 $2,950 $5,000 $5,500
Key Biscayne, FL $14,200 $3,425 $6,500 $8,000
Bal Harbour, FL $3,299 $4,500 $8,000 $9,800

Top Neighborhoods Near Media and Entertainment District

There are a total of 36 neighborhoods in or near Media and Entertainment District. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 36 total neighborhoods in or near Media and Entertainment District, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Media and Entertainment District, Miami, FL is currently around $3,425 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $3,425. Out of all the neighborhoods in or near Media and Entertainment District, Flamingo - Lummus has the most affordable average rent at $2,200 per month. Whereas, at $9,800 average rent per month, Bal Harbour is the most expensive neighborhood in or near Media and Entertainment District. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,800 $2,000 $3,500 $2,200
Flamingo - Lummus, Miami Beach, FL $1,800 $2,250 $4,400 $2,200
East Little Havana, Miami, FL $1,550 $1,990 $2,500 $2,300
Allapattah, Miami, FL $1,750 $1,950 $2,450 $2,375
Normandy Isles, Miami Beach, FL $2,500 $2,000 $2,550 $2,500
Flagami, Miami, FL $1,350 $1,900 $2,650 $2,600
Treasure Island, North Bay Village, FL $1,890 $2,200 $2,850 $2,700
West Little Havana, Miami, FL $1,650 $1,850 $2,750 $2,700
Glenvar Heights, FL N/A $2,000 $2,650 $2,900
Little Haiti, Miami, FL $1,550 $1,800 $2,600 $2,900
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,800 $2,920
Upper East Side, Miami, FL $1,550 $2,300 $2,750 $3,225
City Center, Miami Beach, FL $2,800 $3,200 $9,000 $3,300
Coral Way, Miami, FL $1,913 $2,200 $2,950 $3,350
West Avenue, Miami Beach, FL $2,400 $3,279 $4,976 $3,500
Downtown Miami, Miami, FL $2,900 $3,000 $4,219 $3,500
Bay Harbor Islands, FL N/A $2,600 $4,050 $3,650
South Miami, FL N/A $2,100 $3,000 $3,875
Wynwood, Miami, FL $2,650 $3,500 $4,750 $4,100
Brickell, Miami, FL $3,000 $3,500 $5,000 $4,425
Edgewater, Miami, FL $2,150 $3,400 $5,850 $5,200
Altos Del Mar, Surfside, FL $2,750 $2,950 $5,000 $5,500
Park West, Miami, FL $4,300 $4,100 $5,750 $5,800
Bayshore, Miami Beach, FL $1,964 $2,400 $6,000 $6,400
Northeast Coconut Grove, Miami, FL $2,500 $2,900 $5,625 $6,550
Pinecrest, FL N/A $1,925 $2,600 $7,500
Southwest Coconut Grove, Miami, FL N/A $1,750 $3,000 $7,895
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,425 $6,500 $8,000
South Pointe, Miami Beach, FL $2,050 $3,600 $9,000 $8,000
Bal Harbour, FL $3,299 $4,500 $8,000 $9,800

Top Counties Near Media and Entertainment District

There are a total of 36 counties located by Media and Entertainment District, Miami, FL. Some of these counties include Hialeah, FL, Miami Gardens, FL, and Kendale Lakes-Tamiami, FL. The average rent for rentals in these counties is $3,425. That's roughly around $3 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,600. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Media and Entertainment District, Miami, FL.

Typically, rent for studios in Media and Entertainment District, Miami, FL is 26.53% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Media and Entertainment District, Miami, FL is 35.43% more expensive than other counties nearby. Finally, rent for two bedrooms in Media and Entertainment District, Miami, FL is 37.78% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Hialeah, FL $1,400 $1,850 $2,400 $2,600
Miami Gardens, FL N/A $1,525 $2,200 $3,000
Kendale Lakes-Tamiami, FL $1,400 $1,900 $2,500 $3,000
Hallandale Beach, FL $1,800 $2,200 $3,200 $3,200
North Westside, FL $1,900 $2,150 $2,700 $3,350
Miami, FL $2,100 $2,750 $3,700 $3,500
Kendall-Palmetto Bay, FL $1,800 $1,950 $2,550 $3,675
South Westside, FL $1,375 $1,650 $2,900 $3,725
Miami Beach, FL $2,300 $2,900 $5,250 $4,500
Key Biscayne, FL $14,200 $3,425 $6,500 $8,000

Top Zipcodes Near Media and Entertainment District

There are a total of 48 zipcodes in or near Media and Entertainment District, Miami, FL. The average rent for all of these zipcodes is $3,335. A total of 32 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 $2,100 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,538. 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 Media and Entertainment District, Miami, FL is $2,000 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,750 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Media and Entertainment District, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33136, Miami, FL $1,745 $2,000 $2,700 $2,568
33132, Miami, FL $2,600 $3,275 $4,500 $3,900
33137, Miami, FL $2,350 $3,250 $5,375 $4,741
33131, Miami, FL $2,956 $3,500 $5,450 $4,350
33127, Miami, FL $2,353 $3,228 $2,975 $3,900
33130, Miami, FL $2,275 $3,100 $4,175 $3,750
33139, Miami Beach, FL $2,450 $3,050 $7,500 $3,850
33129, Miami, FL $1,850 $2,950 $4,200 $3,925
33125, Miami, FL $1,750 $1,875 $2,575 $2,550
33135, Miami, FL $1,400 $1,975 $2,400 $2,200

Frequently Asked Questions - Media and Entertainment District Average Rents

What is the average rent price in Media and Entertainment District, Miami, FL?
The average monthly rental price for Media and Entertainment District, Miami, FL apartments for rent is approximately $3,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Media and Entertainment District, Miami, 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 Media and Entertainment District, Miami, FL.
How much is a studio apartment in Media and Entertainment District, Miami, FL?
The average monthly rental price for studio apartments is $2,450 and an average price per square feet of $4.61. There are a total of 26 studio apartment listings currently available for rent in Media and Entertainment District.
How much is a one bedroom apartment in Media and Entertainment District, Miami, FL?
The average monthly rental price for one bedroom apartments is $3,175 and an average price per square feet of $3.65. There are a total of 94 one bedroom apartment listings currently available for rent in Media and Entertainment District.
How much is a two bedroom apartment in Media and Entertainment District, Miami, FL?
The average monthly rental price for two bedroom apartments is $4,500 and an average price per square feet of $4.23. There are a total of 74 two bedroom apartment listings currently available for rent in Media and Entertainment District.
How have rent prices in Media and Entertainment District, Miami, FL changed this year?
Rent prices for rentals in Media and Entertainment District, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.08% year-over-year.
What is a reasonable rent price in Media and Entertainment District, Miami, FL?
A reasonable rent price in Media and Entertainment District, Miami, FL is around $2,880/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast