Average Rent in Northern Miami, Miami, FL

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Current Versus Historical Northern Miami, Miami, FL Rents

Northern Miami rentals average $1,750 for a studio rental to $9,250 for a 4-bedroom rental. The median price of all currently available listings is $3,850, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $150 (10.00%) year-over-year from $1,500 to $1,650. 1-bedroom rentals prices have decreased by $124 (-4.68%) year-over-year from $2,649 to $2,525. 2-bedroom rentals prices have increased by $42 (1.11%) year-over-year from $3,758 to $3,800. 3-bedroom rentals prices have increased by $221 (4.57%) year-over-year from $4,834 to $5,055. 4-bedroom rentals prices have decreased by $2,500 (-23.81%) year-over-year from $10,500 to $8,000. 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 0.80% this month. 1-bedroom rents have gone down by 1.94% this month. 2-bedroom rents have gone up by 2.72% this month. 3-bedroom rents have gone up by 10.24% this month. 4-bedroom rents have gone up by 29.44% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.85 $1,650 $1,500 (10.00%) $1,317 (25.32%)
1 BR $4.05 $2,525 $2,649 (-4.68%) $1,890 (33.63%)
2 BR $3.87 $3,800 $3,758 (1.11%) $2,600 (46.15%)
3 BR $4.02 $5,055 $4,834 (4.57%) $3,500 (44.41%)
4+ BR $4.38 $8,000 $10,500 (-23.81%) $5,900 (35.59%)

Historical Rents in Northern Miami, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Northern Miami

There are a total of 29 cities nearby Northern Miami. The average rent in Northern Miami is currently $3,000 per month. A total of 21 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 Northern Miami, Miami, FL is Pinecrest, FL. Monthly rents here are on average $8,900 per month.

Let's compare Northern Miami, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Northern Miami, Miami, FL is 17.14% more expensive than other cities nearby. One bedrooms are about 31.95% more expensive. Two bedrooms in Northern Miami, Miami, FL are about 37.80% more expensive. Finally, rent for three bedrooms are about 16.96% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near Northern Miami, Miami, 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 $1,450 $1,800 $2,373 $2,300
Hialeah, FL $1,450 $1,900 $2,400 $2,930
North Bay Village, FL $2,000 $2,300 $3,395 $3,000
North Miami Beach, FL $1,443 $1,825 $3,445 $3,300
Miami Beach, FL $2,200 $2,950 $5,200 $3,800
Bay Harbor Islands, FL N/A $2,600 $3,800 $3,800
Miami, FL $2,345 $3,100 $4,300 $3,900
Surfside, FL $2,750 $2,925 $5,400 $5,500
Bal Harbour, FL $3,100 $4,100 $8,000 $8,000

Top Neighborhoods Near Northern Miami

There are a total of 37 neighborhoods in or near Northern Miami. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 37 total neighborhoods in or near Northern Miami, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Northern Miami, Miami, FL is currently around $3,500 per month. A total of 23 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near Northern Miami, Altos Del Mar South has the most affordable average rent at $2,125 per month. Whereas, at $8,900 average rent per month, Pinecrest is the most expensive neighborhood in or near Northern Miami. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,750 $1,975 $3,500 $2,125
Flamingo - Lummus, Miami Beach, FL $1,800 $2,250 $4,300 $2,200
East Little Havana, Miami, FL $1,700 $1,990 $2,500 $2,300
Allapattah, Miami, FL $1,750 $2,100 $2,465 $2,350
Normandy Isles, Miami Beach, FL $2,375 $2,025 $2,550 $2,500
Flagami, Miami, FL $1,500 $1,950 $2,650 $2,625
West Little Havana, Miami, FL $1,650 $1,900 $2,700 $2,700
Treasure Island, North Bay Village, FL $1,945 $2,250 $2,950 $2,750
Little Haiti, Miami, FL $1,600 $1,900 $2,538 $2,900
California Club, Ives Estates, FL N/A $1,750 $2,250 $2,975
Upper East Side, Miami, FL $1,600 $2,300 $2,650 $3,000
City Center, Miami Beach, FL $2,800 $3,200 $8,000 $3,300
Coral Way, Miami, FL $1,850 $2,200 $3,092 $3,325
Eastern Shores, North Miami Beach, FL N/A $2,050 $2,820 $3,445
Downtown Miami, Miami, FL $2,790 $3,000 $4,237 $3,500
West Avenue, Miami Beach, FL $2,400 $3,250 $4,900 $3,500
Media and Entertainment District, Miami, FL $2,500 $3,050 $4,500 $3,675
South Miami, FL N/A $2,100 $3,000 $3,750
Bay Harbor Islands, FL N/A $2,600 $3,800 $3,800
Wynwood, Miami, FL $2,600 $3,450 $4,899 $4,100
Brickell, Miami, FL $2,975 $3,500 $5,050 $4,450
Edgewater, Miami, FL $2,150 $3,300 $5,800 $5,425
Altos Del Mar, Surfside, FL $2,750 $2,950 $5,500 $5,700
Park West, Miami, FL $4,300 $3,750 $5,500 $5,850
Northeast Coconut Grove, Miami, FL $2,400 $2,500 $7,000 $7,000
Southwest Coconut Grove, Miami, FL N/A $2,400 $3,000 $7,000
Bayshore, Miami Beach, FL $2,398 $2,448 $6,050 $7,225
Bal Harbour, FL $3,100 $4,100 $8,000 $8,000
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,600 $7,000 $8,000
South Pointe, Miami Beach, FL $1,950 $3,700 $9,000 $8,400

Top Counties Near Northern Miami

There are a total of 37 counties located by Northern Miami, Miami, FL. Some of these counties include Hialeah, FL, Miami Gardens, FL, and Kendale Lakes-Tamiami, FL. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,750. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Northern Miami, Miami, FL.

Typically, rent for studios in Northern Miami, Miami, FL is 7.14% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Northern Miami, Miami, FL is 27.46% more expensive than other counties nearby. Finally, rent for two bedrooms in Northern Miami, Miami, FL is 36.92% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Hialeah, FL $1,450 $1,850 $2,400 $2,750
Miami Gardens, FL $1,450 $1,650 $2,325 $3,000
Kendale Lakes-Tamiami, FL $1,250 $1,900 $2,500 $3,000
Hallandale Beach, FL $1,900 $2,300 $3,450 $3,300
Miami, FL $2,100 $2,750 $3,800 $3,500
North Westside, FL $2,025 $2,250 $2,600 $3,500
Kendall-Palmetto Bay, FL $1,850 $1,950 $2,573 $3,600
South Westside, FL $1,200 $1,650 $2,500 $3,725
Miami Beach, FL $2,225 $2,850 $5,300 $4,497
Key Biscayne, FL $14,200 $3,600 $7,000 $8,000

Top Zipcodes Near Northern Miami

There are a total of 49 zipcodes in or near Northern Miami, Miami, FL. The average rent for all of these zipcodes is $3,250. A total of 34 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 $2,100 per month. In comparison, the zipcode with the most expensive average rent of $8,150 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,525. 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 Northern Miami, Miami, FL is $2,025 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,800 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Northern Miami, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33127, Miami, FL $2,305 $3,250 $3,250 $4,000
33137, Miami, FL $2,475 $3,300 $5,300 $5,000
33150, West Little River, FL $1,300 $1,850 $2,250 $2,300
33136, Miami, FL $1,840 $2,025 $2,800 $2,593
33142, Brownsville, FL $1,450 $1,800 $2,500 $2,570
33138, Miami, FL $1,600 $2,200 $2,800 $3,550
33132, Miami, FL $2,650 $3,200 $4,600 $3,950
33125, Miami, FL $1,750 $2,000 $2,550 $2,500
33130, Miami, FL $2,263 $3,100 $4,300 $3,892
33131, Miami, FL $2,953 $3,488 $5,400 $4,375

Frequently Asked Questions - Northern Miami Average Rents

What is the average rent price in Northern Miami, Miami, FL?
The average monthly rental price for Northern Miami, Miami, FL apartments for rent is approximately $3,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Northern Miami, Miami, 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 Northern Miami, Miami, FL.
How much is a studio apartment in Northern Miami, Miami, FL?
The average monthly rental price for studio apartments is $1,750 and an average price per square feet of $3.85. There are a total of 48 studio apartment listings currently available for rent in Northern Miami.
How much is a one bedroom apartment in Northern Miami, Miami, FL?
The average monthly rental price for one bedroom apartments is $2,895 and an average price per square feet of $4.05. There are a total of 194 one bedroom apartment listings currently available for rent in Northern Miami.
How much is a two bedroom apartment in Northern Miami, Miami, FL?
The average monthly rental price for two bedroom apartments is $4,100 and an average price per square feet of $3.87. There are a total of 266 two bedroom apartment listings currently available for rent in Northern Miami.
How have rent prices in Northern Miami, Miami, FL changed this year?
Rent prices for rentals in Northern Miami, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in Northern Miami, Miami, FL?
A reasonable rent price in Northern Miami, Miami, FL is around $3,080/month. You can search for these reasonably priced rental listings on RentHop.
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