Average Rent in Miami Beach, FL

Current Versus Historical Miami Beach, FL Rents

Miami Beach rentals average $2,200 for a studio rental to $30,000 for a 4-bedroom rental. The median price of all currently available listings is $3,700, or roughly $55 per square feet.

For the apartment units and housing in December 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $117 (-6.09%) year-over-year from $1,917 to $1,800. 1-bedroom rentals prices have increased by $50 (2.13%) year-over-year from $2,350 to $2,400. 2-bedroom rentals prices have increased by $108 (2.78%) year-over-year from $3,892 to $4,000. 3-bedroom rentals prices have decreased by $2,808 (-21.10%) year-over-year from $13,308 to $10,500. 4-bedroom rentals prices have increased by $167 (0.73%) year-over-year from $22,833 to $23,000. 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 down by 1.82% this month. 1-bedroom rents have gone up by 1.41% this month. 2-bedroom rents have gone up by 4.26% this month. 3-bedroom rents have gone down by 2.48% this month. 4-bedroom rents have gone up by 12.65% this month.

Beds	Price / Sqft	Dec 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$57	$1,800	$1,917 (-6.09%)	$1,233 (45.95%)
1 BR	$49	$2,400	$2,350 (2.13%)	$1,550 (54.84%)
2 BR	$54	$4,000	$3,892 (2.78%)	$2,742 (45.90%)
3 BR	$88	$10,500	$13,308 (-21.10%)	$8,167 (28.57%)
4+ BR	$91	$23,000	$22,833 (0.73%)	$7,408 (210.46%)

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 $3,450 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Miami Beach, FL is Key Biscayne, FL. Monthly rents here are on average $7,500 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 21.59% more expensive than other cities nearby. One bedrooms are about 14.29% more expensive. Two bedrooms in Miami Beach, FL are about 31.10% more expensive. Finally, rent for three bedrooms are about 58.87% 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	$1,600	$2,300	$2,300
North Miami, FL	$1,550	$1,750	$2,700	$2,400
North Bay Village, FL	$1,950	$2,150	$3,000	$2,850
North Miami Beach, FL	N/A	$1,750	$2,800	$2,898
Miami, FL	$2,242	$2,983	$4,000	$3,700
Bay Harbor Islands, FL	N/A	$2,850	$4,000	$4,000
Sunny Isles Beach, FL	$2,300	$2,698	$5,500	$5,700
Surfside, FL	$3,500	$3,125	$5,000	$6,000
Bal Harbour, FL	$3,450	$3,600	$8,000	$7,000
Key Biscayne, FL	$14,200	$3,850	$6,800	$7,500

Top Neighborhoods Near Miami Beach

There are a total of 26 neighborhoods in or near Miami Beach. Some of these neighborhoods include Altos Del Mar South, Normandy Isles, and East Little Havana. We've included all of these top 26 neighborhoods in or near Miami Beach, FL in the following chart.

The average rent for these 26 neighborhoods in or near Miami Beach, FL is currently around $3,500 per month. A total of 15 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near Miami Beach, Altos Del Mar South has the most affordable average rent at $1,875 per month. Whereas, at $11,500 average rent per month, Venetian Islands 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	$1,625	$1,850	$3,800	$1,875
Normandy Isles, Miami Beach, FL	$1,975	$1,913	$2,500	$2,050
East Little Havana, Miami, FL	$1,613	$1,938	$2,500	$2,250
Flamingo - Lummus, Miami Beach, FL	$1,750	$2,299	$3,300	$2,300
California Club, Ives Estates, FL	N/A	$1,850	$2,200	$2,500
Treasure Island, North Bay Village, FL	$1,950	$2,100	$2,850	$2,800
Eastern Shores, North Miami Beach, FL	N/A	$1,995	$2,600	$3,000
Little Haiti, Miami, FL	$1,425	$1,950	$2,713	$3,000
Upper East Side, Miami, FL	$1,595	$2,000	$3,000	$3,000
Hallandale Beach, FL	$1,900	$2,300	$3,400	$3,250
Downtown Miami, Miami, FL	$2,550	$2,900	$4,000	$3,400
West Avenue, Miami Beach, FL	$2,245	$3,150	$5,000	$3,400
Media and Entertainment District, Miami, FL	$2,250	$3,000	$4,450	$3,500
City Center, Miami Beach, FL	$2,900	$3,375	$15,000	$3,500
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,975	$4,000	$3,500
Wynwood, Miami, FL	$2,535	$3,500	$4,700	$3,900
Bay Harbor Islands, FL	N/A	$2,850	$4,000	$4,000
Brickell, Miami, FL	$2,825	$3,300	$4,700	$4,200
Edgewater, Miami, FL	$2,210	$3,350	$5,370	$5,390
Altos Del Mar, Surfside, FL	$3,500	$3,250	$4,750	$5,600
Park West, Miami, FL	$3,600	$4,000	$5,775	$5,800
Bayshore, Miami Beach, FL	N/A	$2,200	$4,700	$6,075
Bal Harbour, FL	$3,450	$3,600	$8,000	$7,000
Village of Key Biscayne, Key Biscayne, FL	$14,200	$3,850	$6,800	$7,500
South Pointe, Miami Beach, FL	$2,000	$3,400	$10,000	$7,900
Venetian Islands, Miami Beach, FL	N/A	$4,650	$5,900	$11,500

Top Counties Near Miami Beach

There are a total of 26 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 $4,375. That's roughly around $53 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 $3,200. Vice versa, with an average rent of $7,500, Key Biscayne, FL is the most expensive county by Miami Beach, FL.

Typically, rent for studios in Miami Beach, FL is 4.09% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Miami Beach, FL is on par with the other counties nearby. Finally, rent for two bedrooms in Miami Beach, FL is 2.41% 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	$1,900	$2,275	$3,375	$3,200
Miami Beach, FL	$2,290	$2,800	$5,121	$4,375
Key Biscayne, FL	$14,200	$3,850	$6,800	$7,500

Top Zipcodes Near Miami Beach

There are a total of 21 zipcodes in or near Miami Beach, FL. The average rent for all of these zipcodes is $3,600. A total of 12 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 $1,998 per month. In comparison, the zipcode with the most expensive average rent of $7,500 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,900. That's at least $50 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 $2,500 per month. Or in other words, $39 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,600 per month. Which comes out to $40 per sqft. The following chart includes the top 10 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
33139, Miami Beach, FL	$2,500	$3,000	$6,500	$3,948
33160, North Miami Beach, FL	$2,300	$2,500	$4,500	$5,000
33141, Miami Beach, FL	$1,773	$2,000	$3,600	$2,750
33131, Miami, FL	$2,800	$3,300	$4,800	$4,150
33132, Miami, FL	$2,500	$3,200	$4,300	$3,800
33140, Miami Beach, FL	$2,345	$3,000	$4,500	$4,500
33137, Miami, FL	$1,900	$3,300	$5,100	$4,999
33180, Aventura, FL	N/A	$2,500	$3,500	$3,700
33130, Miami, FL	$2,500	$3,000	$3,950	$3,500
33154, Bay Harbor Islands, FL	$3,475	$3,250	$6,500	$6,100

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 $3,700. 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 $2,200 and an average price per square feet of $56.92. 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 $48.73. There are a total of 734 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 $5,000 and an average price per square feet of $53.70. There are a total of 583 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 -0.06%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.21% year-over-year.

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

A reasonable rent price in Miami Beach, FL is around $2,960/month. You can search for these reasonably priced rental listings on RentHop.