Average Rent in Miami Beach, FL

Current Versus Historical Miami Beach, FL Rents

Miami Beach rentals average $2,300 for a studio rental to $28,948 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $4 per square feet.

For the apartment units and housing in October 2024, median rents have risen over the last year. Studio rentals prices have increased by $33 (1.79%) year-over-year from $1,867 to $1,900. 1-bedroom rentals prices have increased by $133 (5.63%) year-over-year from $2,367 to $2,500. 2-bedroom rentals prices have increased by $92 (2.41%) year-over-year from $3,803 to $3,895. 3-bedroom rentals prices have decreased by $1,767 (-15.68%) year-over-year from $11,267 to $9,500. 4-bedroom rentals prices have increased by $4,500 (24.00%) year-over-year from $18,750 to $23,250. 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 4.59% this month. 1-bedroom rents have gone up by 4.17% this month. 2-bedroom rents have gone up by 2.10% this month. 3-bedroom rents have gone up by 11.11% this month. 4-bedroom rents have gone up by 28.57% this month.

Beds	Price / Sqft	Oct 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.72	$1,900	$1,867 (1.79%)	$1,581 (20.19%)
1 BR	$4.02	$2,500	$2,367 (5.63%)	$2,169 (15.26%)
2 BR	$4.27	$3,895	$3,803 (2.41%)	$3,778 (3.10%)
3 BR	$6.75	$9,500	$11,267 (-15.68%)	$8,283 (14.69%)
4+ BR	$8.10	$23,250	$18,750 (24.00%)	$17,500 (32.86%)

Historical Rents in Miami Beach, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Miami Beach

There are a total of 14 cities nearby Miami Beach. The average rent in Miami Beach is currently $3,350 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,125, is the most affordable city nearby. In contrast, the most expensive city near Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $12,900 per month.

Let's compare Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Miami Beach, FL is 30.65% more expensive than other cities nearby. One bedrooms are about 19.64% more expensive. Two bedrooms in Miami Beach, FL are about 29.79% more expensive. Finally, rent for three bedrooms are about 52.10% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Miami Beach, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Golden Glades, FL	N/A	$1,650	$2,195	$2,125
North Miami, FL	$1,490	$1,800	$2,650	$2,200
North Miami Beach, FL	$1,295	$1,840	$2,875	$2,750
North Bay Village, FL	$1,850	$2,100	$3,200	$3,200
Miami, FL	$2,400	$3,000	$4,000	$3,600
Bay Harbor Islands, FL	$1,700	$2,200	$4,550	$3,800
Surfside, FL	$2,648	$3,000	$4,600	$4,375
Sunny Isles Beach, FL	$2,100	$2,500	$5,250	$5,500
Key Biscayne, FL	N/A	$3,200	$6,500	$8,000
Bal Harbour, FL	$3,000	$4,200	$10,220	$12,900

Top Neighborhoods Near Miami Beach

There are a total of 29 neighborhoods in or near Miami Beach. Some of these neighborhoods include Altos Del Mar South, Overtown, and Fulford Bythe Sea. We've included all of these top 29 neighborhoods in or near Miami Beach, FL in the following chart.

The average rent for these 29 neighborhoods in or near Miami Beach, FL is currently around $3,325 per month. A total of 17 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $3,325. Out of all the neighborhoods in or near Miami Beach, Altos Del Mar South has the most affordable average rent at $1,999 per month. Whereas, at $12,900 average rent per month, Bal Harbour is the most expensive neighborhood in or near Miami Beach. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar South, Miami Beach, FL	$1,700	$1,950	$2,950	$1,999
Overtown, Miami, FL	$1,999	$1,750	$2,250	$2,050
Fulford Bythe Sea, North Miami Beach, FL	$1,295	$1,675	$2,465	$2,285
East Little Havana, Miami, FL	$1,625	$1,900	$2,425	$2,300
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,200	$3,000	$2,300
Normandy Isles, Miami Beach, FL	$1,675	$2,000	$2,525	$2,350
Upper East Side, Miami, FL	$1,750	$2,175	$2,700	$2,475
Eastern Shores, North Miami Beach, FL	N/A	$2,000	$2,600	$2,500
California Club, Ives Estates, FL	N/A	$1,825	$2,300	$2,550
Little Haiti, Miami, FL	$1,400	$1,875	$2,700	$2,950
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,650	$3,425	$2,975
Treasure Island, North Bay Village, FL	N/A	$2,100	$3,100	$3,000
Hallandale Beach, FL	$1,900	$2,300	$3,200	$3,000
City Center, Miami Beach, FL	$2,500	$3,200	$8,750	$3,200
Sunny Isles Shores, Sunny Isles Beach, FL	N/A	$2,100	$3,550	$3,325
Media and Entertainment District, Miami, FL	$2,300	$2,998	$4,100	$3,420
West Avenue, Miami Beach, FL	$2,507	$3,175	$4,975	$3,500
Downtown Miami, Miami, FL	$2,782	$3,000	$4,000	$3,550
Bay Harbor Islands, FL	$1,700	$2,200	$4,550	$3,800
Wynwood, Miami, FL	$1,725	$3,500	$4,945	$4,000
Brickell, Miami, FL	$2,788	$3,450	$4,700	$4,200
Altos Del Mar, Surfside, FL	$2,648	$3,100	$4,900	$4,500
The Waterways, Aventura, FL	N/A	$2,300	$4,150	$4,600
Park West, Miami, FL	$3,400	$4,050	$5,950	$4,900
Edgewater, Miami, FL	$1,843	$3,275	$5,200	$5,000
Bayshore, Miami Beach, FL	N/A	$4,250	$5,375	$5,500
South Pointe, Miami Beach, FL	$1,850	$4,000	$8,250	$6,500
Village of Key Biscayne, Key Biscayne, FL	N/A	$3,200	$6,500	$8,000
Bal Harbour, FL	$3,000	$4,200	$10,220	$12,900

Top Counties Near Miami Beach

There are a total of 29 counties located by 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 $4,000. That's roughly around $4 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Hallandale Beach, FL. It's average rent per month is $3,100. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Miami Beach, FL.

Typically, rent for studios in Miami Beach, FL is 20.65% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Miami Beach, FL is 1.79% more expensive than other counties nearby. Finally, rent for two bedrooms in Miami Beach, FL is 4.26% 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	$1,825	$2,300	$3,200	$3,100
Miami Beach, FL	$2,225	$2,750	$4,900	$4,000
Key Biscayne, FL	N/A	$3,200	$6,500	$8,000

Top Zipcodes Near Miami Beach

There are a total of 4 zipcodes in or near Miami Beach, FL. The average rent for all of these zipcodes is $3,496. 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 33179, Ives Estates, FL at $2,450 per month. In comparison, the zipcode with the most expensive average rent of $4,600 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $1,050. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Miami Beach, FL is $2,700 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,635 per month. Which comes out to $3 per sqft. The following chart includes the top 4 zipcodes in Miami Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33180, Aventura, FL	N/A	$2,400	$3,470	$3,590
33137, Miami, FL	$2,100	$3,200	$4,999	$4,600
33130, Miami, FL	$2,400	$3,000	$3,800	$3,403
33179, Ives Estates, FL	N/A	$1,800	$2,300	$2,450

Frequently Asked Questions - Miami Beach Average Rents

What is the average rent price in Miami Beach, FL?

The average monthly rental price for Miami Beach, FL apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Miami Beach, FL.

How much is a studio apartment in Miami Beach, FL?

The average monthly rental price for studio apartments is $2,300 and an average price per square feet of $4.72. There are a total of 296 studio apartment listings currently available for rent in Miami Beach.

How much is a one bedroom apartment in Miami Beach, FL?

The average monthly rental price for one bedroom apartments is $2,800 and an average price per square feet of $4.02. There are a total of 728 one bedroom apartment listings currently available for rent in Miami Beach.

How much is a two bedroom apartment in Miami Beach, FL?

The average monthly rental price for two bedroom apartments is $4,700 and an average price per square feet of $4.27. There are a total of 565 two bedroom apartment listings currently available for rent in Miami Beach.

How have rent prices in Miami Beach, FL changed this year?

Rent prices for rentals in Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.16% year-over-year.

What is a reasonable rent price in Miami Beach, FL?

A reasonable rent price in Miami Beach, FL is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.