Average Rent in Normandy Isles, Miami Beach, FL

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Current Versus Historical Normandy Isles, Miami Beach, FL Rents

Normandy Isles rentals average $1,800 for a studio rental to $19,000 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $3,925 (-69.47%) year-over-year from $5,650 to $1,725. 1-bedroom rentals prices have decreased by $67 (-3.24%) year-over-year from $2,057 to $1,990. 2-bedroom rentals prices have increased by $50 (2.00%) year-over-year from $2,500 to $2,550. 3-bedroom rentals prices have decreased by $3,473 (-42.76%) year-over-year from $8,123 to $4,650. 4-bedroom rentals prices have increased by $13,983 (253.47%) year-over-year from $5,517 to $19,500. 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 up by 1.97% this month. 1-bedroom rents have gone up by 3.11% this month. 2-bedroom rents have gone down by 1.29% this month. 3-bedroom rents have gone down by 27.06% this month. 4-bedroom rents have gone up by 120.15% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.14 $1,725 $5,650 (-69.47%) $1,092 (58.02%)
1 BR $2.83 $1,990 $2,057 (-3.24%) $1,375 (44.73%)
2 BR $2.74 $2,550 $2,500 (2.00%) $1,812 (40.75%)
3 BR $2.54 $4,650 $8,123 (-42.76%) $3,890 (19.55%)
4+ BR $6.69 $19,500 $5,517 (253.47%) $4,767 (309.09%)

Historical Rents in Normandy Isles, Miami Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Normandy Isles

There are a total of 15 cities nearby Normandy Isles. The average rent in Normandy Isles is currently $3,650 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,195, is the most affordable city nearby. In contrast, the most expensive city near Normandy Isles, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $8,850 per month.

Let's compare Normandy Isles, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Normandy Isles, Miami Beach, FL is 2.78% more affordable than other cities nearby. One bedrooms are about 21.30% more affordable. Two bedrooms in Normandy Isles, Miami Beach, FL are about 35.92% more affordable. Finally, rent for three bedrooms are about 19.90% more affordable. Want more information? Check out the top 10 cities out of 15 total cities near Normandy Isles, Miami Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,513 $1,800 $2,400 $2,195
Golden Glades, FL N/A $1,650 $2,150 $2,300
North Miami Beach, FL $1,195 $1,800 $3,050 $2,675
North Bay Village, FL $2,000 $2,300 $3,400 $3,200
Miami, FL $2,429 $3,072 $4,300 $3,850
Miami Beach, FL $2,300 $3,000 $5,200 $3,900
Bay Harbor Islands, FL N/A $2,600 $4,775 $4,750
Surfside, FL $2,800 $2,925 $4,750 $4,875
Sunny Isles Beach, FL $2,200 $2,500 $5,500 $5,600
Bal Harbour, FL $2,998 $3,950 $10,000 $8,850

Top Neighborhoods Near Normandy Isles

There are a total of 26 neighborhoods in or near Normandy Isles. Some of these neighborhoods include Flamingo - Lummus, East Little Havana, and Eastern Shores. We've included all of these top 26 neighborhoods in or near Normandy Isles, Miami Beach, FL in the following chart.

The average rent for these 26 neighborhoods in or near Normandy Isles, Miami Beach, FL is currently around $3,553 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $3,553. Interestingly, the neighborhoods' average rent is higher than Normandy Isles's average rent, which is only $2,500. Out of all the neighborhoods in or near Normandy Isles, Flamingo - Lummus has the most affordable average rent at $2,300 per month. Whereas, at $12,000 average rent per month, Venetian Islands is the most expensive neighborhood in or near Normandy Isles. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,500 $2,300
East Little Havana, Miami, FL $1,700 $1,975 $2,550 $2,400
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,650 $2,700
Sunny Isles Shores, Sunny Isles Beach, FL N/A $2,100 $4,100 $2,900
Little Haiti, Miami, FL $1,600 $1,850 $2,700 $2,975
California Club, Ives Estates, FL N/A $1,795 $2,250 $2,990
Treasure Island, North Bay Village, FL $2,025 $2,300 $2,975 $3,000
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,350 $3,000
Upper East Side, Miami, FL $1,600 $2,275 $2,575 $3,300
City Center, Miami Beach, FL $2,800 $3,225 $7,000 $3,300
Hallandale Beach, FL $1,850 $2,300 $3,450 $3,325
Downtown Miami, Miami, FL $2,700 $3,000 $4,250 $3,500
Media and Entertainment District, Miami, FL $2,500 $3,100 $4,400 $3,505
West Avenue, Miami Beach, FL $2,400 $3,214 $4,900 $3,602
Wynwood, Miami, FL $2,559 $3,500 $5,000 $4,000
Brickell, Miami, FL $3,000 $3,500 $5,000 $4,400
Bay Harbor Islands, FL N/A $2,600 $4,775 $4,750
Altos Del Mar, Surfside, FL $2,800 $2,950 $5,000 $5,000
Edgewater, Miami, FL $1,900 $3,300 $5,416 $5,000
The Waterways, Aventura, FL N/A $2,506 $3,400 $5,000
Park West, Miami, FL $3,625 $3,850 $5,725 $5,775
South Pointe, Miami Beach, FL $1,975 $3,900 $8,500 $7,500
Bayshore, Miami Beach, FL N/A $2,450 $6,100 $7,500
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,550 $6,950 $8,500
Bal Harbour, FL $2,998 $3,950 $10,000 $8,850
Venetian Islands, Miami Beach, FL N/A $3,800 $5,950 $12,000

Top Counties Near Normandy Isles

There are a total of 26 counties located by Normandy Isles, 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 $4,500. That's roughly around $4 per sqft. The county that is the most affordable is Hallandale Beach, FL. It's average rent per month is $3,400. Vice versa, with an average rent of $8,500, Key Biscayne, FL is the most expensive county by Normandy Isles, Miami Beach, FL.

Typically, rent for studios in Normandy Isles, Miami Beach, FL is 27.22% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Normandy Isles, Miami Beach, FL is 42.50% more affordable than other counties nearby. Finally, rent for two bedrooms in Normandy Isles, Miami Beach, FL is 105.83% 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 $1,550 $2,300 $3,500 $3,400
Miami Beach, FL $2,290 $2,850 $5,300 $4,500
Key Biscayne, FL $14,200 $3,550 $6,950 $8,500

Top Zipcodes Near Normandy Isles

There are a total of 21 zipcodes in or near Normandy Isles, Miami Beach, FL. The average rent for all of these zipcodes is $3,800. A total of 4 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 $2,000 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,850. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Normandy Isles, Miami Beach, FL is $2,500 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,900 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Normandy Isles, Miami Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33141, Miami Beach, FL $1,750 $2,450 $3,795 $3,200
33154, Bay Harbor Islands, FL $2,950 $2,950 $5,998 $5,700
33140, Miami Beach, FL $2,500 $3,000 $4,500 $4,600
33138, Miami, FL $1,600 $1,975 $2,713 $3,650
33181, North Miami, FL $2,094 $1,850 $2,950 $2,650
33137, Miami, FL $2,398 $3,275 $5,000 $4,700
33161, North Miami, FL $1,525 $1,700 $2,345 $2,260
33139, Miami Beach, FL $2,493 $3,000 $6,800 $3,900
33150, West Little River, FL $1,550 $1,700 $2,250 $2,400
33127, Miami, FL $1,850 $3,500 $3,900 $4,000

Frequently Asked Questions - Normandy Isles Average Rents

What is the average rent price in Normandy Isles, Miami Beach, FL?
The average monthly rental price for Normandy Isles, Miami Beach, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Normandy Isles, 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 Normandy Isles, Miami Beach, FL.
How much is a studio apartment in Normandy Isles, Miami Beach, FL?
The average monthly rental price for studio apartments is $1,800 and an average price per square feet of $4.14. There are a total of 6 studio apartment listings currently available for rent in Normandy Isles.
How much is a one bedroom apartment in Normandy Isles, Miami Beach, FL?
The average monthly rental price for one bedroom apartments is $2,000 and an average price per square feet of $2.83. There are a total of 31 one bedroom apartment listings currently available for rent in Normandy Isles.
How much is a two bedroom apartment in Normandy Isles, Miami Beach, FL?
The average monthly rental price for two bedroom apartments is $2,575 and an average price per square feet of $2.74. There are a total of 16 two bedroom apartment listings currently available for rent in Normandy Isles.
How have rent prices in Normandy Isles, Miami Beach, FL changed this year?
Rent prices for rentals in Normandy Isles, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.69%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.43% year-over-year.
What is a reasonable rent price in Normandy Isles, Miami Beach, FL?
A reasonable rent price in Normandy Isles, Miami Beach, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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