Average Rent in North Miami Beach, FL

Current Versus Historical North Miami Beach, FL Rents

North Miami Beach rentals average $1,500 for a studio rental to $12,950 for a 4-bedroom rental. The median price of all currently available listings is $2,920, 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 $193 (-23.74%) year-over-year from $812 to $620. 1-bedroom rentals prices have increased by $83 (4.85%) year-over-year from $1,717 to $1,800. 2-bedroom rentals prices have decreased by $200 (-6.67%) year-over-year from $3,000 to $2,800. 3-bedroom rentals prices have decreased by $236 (-6.31%) year-over-year from $3,736 to $3,500. 4-bedroom rentals prices have increased by $7,800 (210.81%) year-over-year from $3,700 to $11,500. 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 42.27% this month. 1-bedroom rents have gone up by 1.89% this month. 2-bedroom rents have gone up by 5.66% this month. 3-bedroom rents have gone down by 6.25% this month. 4-bedroom rents have gone up by 27.78% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.80 $620 $812 (-23.74%) $844 (-26.58%)
1 BR $2.44 $1,800 $1,717 (4.85%) $1,261 (42.76%)
2 BR $2.85 $2,800 $3,000 (-6.67%) $1,829 (53.08%)
3 BR $3.11 $3,500 $3,736 (-6.31%) $2,500 (40.00%)
4+ BR $4.35 $11,500 $3,700 (210.81%) $2,533 (353.95%)

Historical Rents in North Miami Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near North Miami Beach

There are a total of 13 cities nearby North Miami Beach. The average rent in North Miami Beach is currently $3,000 per month. A total of 5 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 North Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $10,750 per month.

Let's compare North Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in North Miami Beach, FL is 2.83% more affordable than other cities nearby. One bedrooms are about 27.78% more affordable. Two bedrooms in North Miami Beach, FL are about 3.24% more affordable. Finally, rent for three bedrooms are about 17.02% more affordable. Want more information? Check out the top 10 cities out of 13 total cities near North Miami Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL N/A $1,650 $2,100 $2,100
North Miami, FL $1,563 $1,795 $2,500 $2,250
Ojus, FL N/A $1,825 $2,400 $2,500
North Miami Beach, FL $1,543 $1,800 $3,250 $2,840
Ives Estates, FL N/A $1,750 $2,200 $2,995
Hallandale Beach, FL $1,925 $2,300 $3,500 $3,400
Aventura, FL N/A $2,436 $3,500 $3,600
Bay Harbor Islands, FL N/A $2,600 $4,300 $4,300
Sunny Isles Beach, FL $2,200 $2,600 $5,500 $5,725
Bal Harbour, FL $3,000 $3,900 $11,450 $10,750

Top Neighborhoods Near North Miami Beach

There are a total of 14 neighborhoods in or near North Miami Beach. Some of these neighborhoods include Altos Del Mar South, Parkside, and Normandy Isles. We've included all of these top 14 neighborhoods in or near North Miami Beach, FL in the following chart.

The average rent for these 14 neighborhoods in or near North Miami Beach, FL is currently around $3,000 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $3,000. Interestingly, the neighborhoods' average rent is higher than North Miami Beach's average rent, which is only $2,920. Out of all the neighborhoods in or near North Miami Beach, Altos Del Mar South has the most affordable average rent at $2,000 per month. Whereas, at $10,750 average rent per month, Bal Harbour is the most expensive neighborhood in or near North 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 $2,000 $3,450 $2,000
Parkside, Hollywood, FL $1,500 $1,900 $2,500 $2,200
Normandy Isles, Miami Beach, FL $2,000 $2,100 $2,550 $2,525
Treasure Island, North Bay Village, FL $2,000 $2,300 $2,950 $2,788
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,300 $2,950
California Club, Ives Estates, FL N/A $1,750 $2,200 $2,995
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,820 $3,000
Sunny Isles Shores, Sunny Isles Beach, FL N/A $2,100 $3,900 $3,000
Hallandale Beach, FL $1,925 $2,300 $3,499 $3,300
Hollywood Beach - Quadoman, Hollywood, FL $2,470 $2,900 $4,500 $3,500
Bay Harbor Islands, FL N/A $2,600 $4,300 $4,300
The Waterways, Aventura, FL N/A $2,446 $3,500 $4,500
Altos Del Mar, Surfside, FL $2,750 $2,950 $5,450 $5,450
Bal Harbour, FL $3,000 $3,900 $11,450 $10,750

Top Counties Near North Miami Beach

There are a total of 14 counties located by North Miami Beach, FL. Some of these counties include Miami Gardens, FL, Hallandale Beach, FL, and Miami Beach, FL. The average rent for rentals in these counties is $3,400. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Miami Gardens, FL. It's average rent per month is $2,795. Vice versa, with an average rent of $4,500, Miami Beach, FL is the most expensive county by North Miami Beach, FL.

Typically, rent for studios in North Miami Beach, FL is 23.33% more affordable than other counties nearby. In comparison, rent for one bedroom listings in North Miami Beach, FL is 27.78% more affordable than other counties nearby. Finally, rent for two bedrooms in North Miami Beach, FL is 3.24% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Miami Gardens, FL $1,450 $1,600 $2,250 $2,795
Hallandale Beach, FL $1,850 $2,300 $3,500 $3,400
Miami Beach, FL $2,200 $2,834 $5,400 $4,500

Top Zipcodes Near North Miami Beach

There are a total of 13 zipcodes in or near North Miami Beach, FL. The average rent for all of these zipcodes is $2,800. A total of 7 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 $5,500 per month is 33154, Bay Harbor Islands, FL.

Studios in these zipcodes have an average rent of $1,650. 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 North Miami Beach, FL is $1,900 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,775 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in North Miami Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33162, Miami, FL $1,348 $1,650 $2,200 $2,000
33179, Ives Estates, FL $1,675 $1,800 $2,275 $2,525
33160, North Miami Beach, FL $2,200 $2,400 $4,500 $5,000
33180, Aventura, FL N/A $2,500 $3,500 $3,800
33169, Miami Gardens, FL $1,450 $1,650 $2,100 $2,100
33181, North Miami, FL $1,668 $1,900 $2,925 $2,800
33161, North Miami, FL $1,650 $1,700 $2,383 $2,260
33154, Bay Harbor Islands, FL $2,995 $2,925 $6,000 $5,500
33009, Hallandale Beach, FL $1,925 $2,300 $3,500 $3,400
33023, Miramar, FL $1,425 $1,600 $2,200 $2,408

Frequently Asked Questions - North Miami Beach Average Rents

What is the average rent price in North Miami Beach, FL?
The average monthly rental price for North Miami Beach, FL apartments for rent is approximately $2,920. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do North 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 North Miami Beach, FL.
How much is a studio apartment in North Miami Beach, FL?
The average monthly rental price for studio apartments is $1,500 and an average price per square feet of $1.80. There are a total of 3 studio apartment listings currently available for rent in North Miami Beach.
How much is a one bedroom apartment in North Miami Beach, FL?
The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $2.44. There are a total of 71 one bedroom apartment listings currently available for rent in North Miami Beach.
How much is a two bedroom apartment in North Miami Beach, FL?
The average monthly rental price for two bedroom apartments is $3,390 and an average price per square feet of $2.85. There are a total of 55 two bedroom apartment listings currently available for rent in North Miami Beach.
How have rent prices in North Miami Beach, FL changed this year?
Rent prices for rentals in North Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in North Miami Beach, FL?
A reasonable rent price in North Miami Beach, FL is around $2,336/month. You can search for these reasonably priced rental listings on RentHop.
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