Average Rent in Oceanfront, Miami Beach, FL

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Current Versus Historical Oceanfront, Miami Beach, FL Rents

Oceanfront rentals average $4,775 for a studio rental to $29,500 for a 4-bedroom rental. The median price of all currently available listings is $5,000, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $400 (-16.67%) year-over-year from $2,400 to $2,000. 1-bedroom rentals prices have increased by $217 (7.14%) year-over-year from $3,033 to $3,250. 2-bedroom rentals prices have increased by $350 (8.64%) year-over-year from $4,050 to $4,400. 3-bedroom rentals prices have decreased by $1,500 (-10.34%) year-over-year from $14,500 to $13,000. 4-bedroom rentals prices have increased by $7,175 (32.88%) year-over-year from $21,825 to $29,000. 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 11.11% this month. 1-bedroom rents have gone up by 1.04% this month. 2-bedroom rents have gone down by 4.35% this month. 3-bedroom rents have gone up by 21.88% this month. 4-bedroom rents have gone up by 7.41% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.20 $2,000 $2,400 (-16.67%) $1,492 (34.08%)
1 BR $4.55 $3,250 $3,033 (7.14%) $2,598 (25.08%)
2 BR $4.52 $4,400 $4,050 (8.64%) $2,900 (51.72%)
3 BR $8.07 $13,000 $14,500 (-10.34%) $16,517 (-21.29%)
4+ BR $8.70 $29,000 $21,825 (32.88%) $42,833 (-32.30%)

Historical Rents in Oceanfront, Miami Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oceanfront

There are a total of 14 cities nearby Oceanfront. The average rent in Oceanfront is currently $3,750 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that North Miami, FL, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Oceanfront, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $8,000 per month.

Let's compare Oceanfront, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Oceanfront, Miami Beach, FL is 55.60% more expensive than other cities nearby. One bedrooms are about 37.03% more expensive. Two bedrooms in Oceanfront, Miami Beach, FL are about 27.72% more expensive. Finally, rent for three bedrooms are about 57.83% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Oceanfront, Miami Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,438 $1,790 $2,400 $2,300
North Bay Village, FL $2,000 $2,300 $3,350 $2,900
North Miami Beach, FL $1,443 $1,850 $3,500 $3,350
Miami Beach, FL $2,250 $2,950 $5,250 $3,800
Bay Harbor Islands, FL N/A $2,625 $3,800 $3,800
Miami, FL $2,300 $3,100 $4,300 $3,850
Surfside, FL $2,750 $2,900 $5,400 $5,500
Sunny Isles Beach, FL $2,240 $2,575 $5,500 $5,700
Bal Harbour, FL $3,100 $4,200 $8,900 $8,000
Key Biscayne, FL $14,200 $3,650 $7,000 $8,000

Top Neighborhoods Near Oceanfront

There are a total of 27 neighborhoods in or near Oceanfront. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included all of these top 27 neighborhoods in or near Oceanfront, Miami Beach, FL in the following chart.

The average rent for these 27 neighborhoods in or near Oceanfront, Miami Beach, FL is currently around $3,500 per month. A total of 19 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near Oceanfront, Altos Del Mar South has the most affordable average rent at $2,100 per month. Whereas, at $10,900 average rent per month, Venetian Islands is the most expensive neighborhood in or near Oceanfront. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,750 $1,990 $3,550 $2,100
Flamingo - Lummus, Miami Beach, FL $1,800 $2,250 $4,000 $2,200
East Little Havana, Miami, FL $1,700 $1,990 $2,575 $2,300
Normandy Isles, Miami Beach, FL $2,375 $2,025 $2,550 $2,500
Treasure Island, North Bay Village, FL $2,000 $2,300 $2,875 $2,675
Little Haiti, Miami, FL $1,600 $1,900 $2,575 $2,900
California Club, Ives Estates, FL N/A $1,750 $2,250 $2,950
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,475 $3,050
Hallandale Beach, FL $1,900 $2,300 $3,350 $3,200
Upper East Side, Miami, FL $1,600 $2,300 $2,700 $3,225
City Center, Miami Beach, FL $2,800 $3,200 $8,500 $3,300
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,840 $3,445
Downtown Miami, Miami, FL $2,770 $3,000 $4,244 $3,500
West Avenue, Miami Beach, FL $2,400 $3,250 $4,983 $3,500
Media and Entertainment District, Miami, FL $2,500 $3,050 $4,500 $3,600
Bay Harbor Islands, FL N/A $2,625 $3,800 $3,800
Wynwood, Miami, FL $2,600 $3,500 $4,750 $4,145
Brickell, Miami, FL $2,950 $3,500 $5,200 $4,500
The Waterways, Aventura, FL N/A $2,426 $3,820 $5,000
Edgewater, Miami, FL $2,150 $3,300 $5,800 $5,228
Altos Del Mar, Surfside, FL $2,750 $2,975 $5,500 $5,700
Park West, Miami, FL $4,300 $3,800 $5,750 $5,900
Bayshore, Miami Beach, FL $1,964 $2,385 $6,050 $6,950
Bal Harbour, FL $3,100 $4,200 $8,900 $8,000
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,650 $7,000 $8,000
South Pointe, Miami Beach, FL $1,950 $3,750 $9,250 $8,500
Venetian Islands, Miami Beach, FL N/A $4,100 $6,000 $10,900

Top Counties Near Oceanfront

There are a total of 27 counties located by Oceanfront, 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. A total of 2 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 $8,000, Key Biscayne, FL is the most expensive county by Oceanfront, Miami Beach, FL.

Typically, rent for studios in Oceanfront, Miami Beach, FL is 52.88% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Oceanfront, Miami Beach, FL is 27.85% more expensive than other counties nearby. Finally, rent for two bedrooms in Oceanfront, Miami Beach, FL is 6.44% 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 $2,300 $3,400 $3,200
Miami Beach, FL $2,250 $2,850 $5,375 $4,500
Key Biscayne, FL $14,200 $3,650 $7,000 $8,000

Top Zipcodes Near Oceanfront

There are a total of 20 zipcodes in or near Oceanfront, Miami Beach, FL. The average rent for all of these zipcodes is $3,850. A total of 18 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 $2,050 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,962. 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 Oceanfront, Miami Beach, FL is $2,725 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,025 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Oceanfront, Miami Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33140, Miami Beach, FL $2,300 $3,000 $4,500 $4,500
33139, Miami Beach, FL $2,461 $3,000 $7,200 $3,800
33141, Miami Beach, FL $1,825 $2,400 $3,800 $3,050
33137, Miami, FL $2,500 $3,300 $5,253 $5,000
33132, Miami, FL $2,650 $3,200 $4,500 $3,948
33138, Miami, FL $1,600 $2,200 $2,950 $3,600
33131, Miami, FL $2,953 $3,500 $5,400 $4,375
33127, Miami, FL $2,305 $3,250 $3,250 $4,000
33154, Bay Harbor Islands, FL $3,000 $3,000 $6,000 $5,800
33130, Miami, FL $2,100 $3,145 $4,300 $3,800

Frequently Asked Questions - Oceanfront Average Rents

What is the average rent price in Oceanfront, Miami Beach, FL?
The average monthly rental price for Oceanfront, Miami Beach, FL apartments for rent is approximately $5,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Oceanfront, 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 Oceanfront, Miami Beach, FL.
How much is a studio apartment in Oceanfront, Miami Beach, FL?
The average monthly rental price for studio apartments is $4,775 and an average price per square feet of $7.20. There are a total of 58 studio apartment listings currently available for rent in Oceanfront.
How much is a one bedroom apartment in Oceanfront, Miami Beach, FL?
The average monthly rental price for one bedroom apartments is $3,950 and an average price per square feet of $4.55. There are a total of 167 one bedroom apartment listings currently available for rent in Oceanfront.
How much is a two bedroom apartment in Oceanfront, Miami Beach, FL?
The average monthly rental price for two bedroom apartments is $5,050 and an average price per square feet of $4.52. There are a total of 218 two bedroom apartment listings currently available for rent in Oceanfront.
How have rent prices in Oceanfront, Miami Beach, FL changed this year?
Rent prices for rentals in Oceanfront, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by -0.10% year-over-year.
What is a reasonable rent price in Oceanfront, Miami Beach, FL?
A reasonable rent price in Oceanfront, Miami Beach, FL is around $4,000/month. You can search for these reasonably priced rental listings on RentHop.
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