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 $1,650 for a studio rental to $21,500 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $3 per square feet.
For the apartment units and housing in July 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $483 (-22.66%) year-over-year from $2,133 to $1,650. 1-bedroom rentals prices have decreased by $175 (-8.33%) year-over-year from $2,100 to $1,925. 2-bedroom rentals prices have decreased by $467 (-16.00%) year-over-year from $2,917 to $2,450. 3-bedroom rentals prices have decreased by $3,175 (-39.69%) year-over-year from $8,000 to $4,825. 4-bedroom rentals prices have increased by $13,917 (183.52%) year-over-year from $7,583 to $21,500. 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 4.81% this month. 1-bedroom rents have gone down by 2.12% this month. 2-bedroom rents have gone down by 1.34% this month. 3-bedroom rents have gone down by 3.02% this month. 4-bedroom rents have gone up by 32.44% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.40 $1,650 $2,133 (-22.66%) $1,163 (41.94%)
1 BR $2.78 $1,925 $2,100 (-8.33%) $1,467 (31.25%)
2 BR $2.67 $2,450 $2,917 (-16.00%) $1,829 (33.94%)
3 BR $2.66 $4,825 $8,000 (-39.69%) $4,734 (1.93%)
4+ BR $7.05 $21,500 $7,583 (183.52%) $5,900 (264.41%)

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 $3,500 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,200, 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 $9,000 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 16.67% more affordable than other cities nearby. One bedrooms are about 22.29% more affordable. Two bedrooms in Normandy Isles, Miami Beach, FL are about 25.93% more affordable. Finally, rent for three bedrooms are about 29.54% 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 $1,563 $1,800 $2,550 $2,200
Golden Glades, FL N/A $1,650 $2,300 $2,300
North Miami Beach, FL $1,325 $1,800 $2,900 $2,690
North Bay Village, FL $2,000 $2,295 $3,400 $3,200
Miami Beach, FL $2,200 $2,900 $4,900 $3,500
Miami, FL $2,500 $3,100 $4,200 $3,750
Bay Harbor Islands, FL N/A $2,500 $4,245 $4,250
Surfside, FL $2,800 $3,000 $4,885 $4,800
Sunny Isles Beach, FL $2,150 $2,500 $5,300 $5,700
Bal Harbour, FL $3,000 $4,100 $8,000 $9,000

Top Neighborhoods Near Normandy Isles

There are a total of 26 neighborhoods in or near Normandy Isles. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. 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 $3,463 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-three neighborhoods have a higher average rent than $3,463. Interestingly, the neighborhoods' average rent is higher than Normandy Isles's average rent, which is only $2,300. Out of all the neighborhoods in or near Normandy Isles, Altos Del Mar South has the most affordable average rent at $2,050 per month. Whereas, at $9,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near Normandy Isles. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,700 $1,880 $3,300 $2,050
Flamingo - Lummus, Miami Beach, FL $1,800 $2,175 $3,225 $2,200
East Little Havana, Miami, FL $1,600 $1,925 $2,450 $2,300
California Club, Ives Estates, FL N/A $1,900 $2,225 $2,500
Eastern Shores, North Miami Beach, FL N/A $2,000 $2,500 $2,500
Little Haiti, Miami, FL $1,600 $1,900 $2,525 $2,650
Upper East Side, Miami, FL $1,698 $2,000 $2,900 $2,900
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,500 $3,350 $2,900
Treasure Island, North Bay Village, FL $2,000 $2,299 $3,200 $3,040
Sunny Isles Shores, Sunny Isles Beach, FL N/A $2,150 $3,750 $3,100
Hallandale Beach, FL $1,925 $2,300 $3,200 $3,200
City Center, Miami Beach, FL $2,600 $3,200 $7,000 $3,200
West Avenue, Miami Beach, FL $2,395 $3,000 $4,500 $3,425
Media and Entertainment District, Miami, FL $2,500 $3,128 $4,250 $3,500
Downtown Miami, Miami, FL $2,800 $3,000 $4,100 $3,600
The Waterways, Aventura, FL N/A $2,500 $3,800 $4,245
Bay Harbor Islands, FL N/A $2,500 $4,245 $4,250
Brickell, Miami, FL $2,800 $3,450 $5,000 $4,325
Wynwood, Miami, FL $2,500 $3,900 $4,800 $4,350
Altos Del Mar, Surfside, FL $2,800 $3,000 $4,950 $4,500
Edgewater, Miami, FL $2,025 $3,200 $5,500 $5,200
Bayshore, Miami Beach, FL $2,400 $2,900 $5,950 $5,500
Park West, Miami, FL $3,825 $4,500 $6,250 $6,000
South Pointe, Miami Beach, FL $1,900 $3,725 $8,250 $6,950
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,500 $7,000 $8,500
Bal Harbour, FL $3,000 $4,100 $8,000 $9,000

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 $4,000. 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 $3,300. 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 33.33% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Normandy Isles, Miami Beach, FL is 42.68% more affordable than other counties nearby. Finally, rent for two bedrooms in Normandy Isles, Miami Beach, FL is 85.19% 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 $1,500 $2,275 $3,200 $3,300
Miami Beach, FL $2,200 $2,800 $5,000 $4,000
Key Biscayne, FL $14,200 $3,500 $7,000 $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 $3,500. 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 33169, Miami Gardens, FL at $2,050 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 $1,650. 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 $3,700 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 $1,798 $2,350 $3,700 $3,100
33154, Bay Harbor Islands, FL $3,000 $3,000 $5,750 $5,525
33140, Miami Beach, FL $2,400 $3,000 $4,500 $4,000
33138, Miami, FL $1,588 $1,968 $2,925 $3,300
33181, North Miami, FL N/A $1,850 $3,150 $2,875
33137, Miami, FL $2,045 $3,200 $5,400 $4,800
33161, North Miami, FL $1,650 $1,700 $2,465 $2,225
33139, Miami Beach, FL $2,400 $2,950 $6,000 $3,500
33150, West Little River, FL $1,273 $1,750 $2,300 $2,348
33127, Miami, FL $1,550 $3,700 $2,900 $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 $2,300. 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 $1,650 and an average price per square feet of $3.40. There are a total of 9 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 $1,963 and an average price per square feet of $2.78. There are a total of 26 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 $2,700 and an average price per square feet of $2.67. There are a total of 14 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 -0.23%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by -0.16%, and three bedroom rental prices have changed by -0.40% 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 $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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