Average Rent in Oceanfront, Miami Beach, FL

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Current Versus Historical Oceanfront, Miami Beach, FL Rents

Oceanfront rentals average $5,000 for a studio rental to $37,500 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 $192 (6.32%) year-over-year from $3,033 to $3,225. 2-bedroom rentals prices have increased by $450 (11.11%) year-over-year from $4,050 to $4,500. 3-bedroom rentals prices have increased by $400 (2.76%) year-over-year from $14,500 to $14,900. 4-bedroom rentals prices have increased by $4,175 (19.13%) year-over-year from $21,825 to $26,000. 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 0.52% this month. 2-bedroom rents have gone down by 2.88% this month. 3-bedroom rents have gone up by 31.86% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.45 $2,000 $2,400 (-16.67%) $1,492 (34.08%)
1 BR $4.38 $3,225 $3,033 (6.32%) $2,598 (24.12%)
2 BR $4.64 $4,500 $4,050 (11.11%) $2,900 (55.17%)
3 BR $9.34 $14,900 $14,500 (2.76%) $16,517 (-9.79%)
4+ BR $11.39 $26,000 $21,825 (19.13%) $42,833 (-39.30%)

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 15 cities nearby Oceanfront. The average rent in Oceanfront is currently $3,725 per month. A total of 11 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 Oceanfront, Miami Beach, FL is Key Biscayne, 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 60.00% more expensive than other cities nearby. One bedrooms are about 30.00% more expensive. Two bedrooms in Oceanfront, Miami Beach, FL are about 34.13% more expensive. Finally, rent for three bedrooms are about 58.06% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Oceanfront, Miami Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL N/A $1,600 $2,100 $2,100
North Miami, FL $1,425 $1,800 $2,450 $2,299
North Bay Village, FL $2,000 $2,300 $3,275 $2,850
North Miami Beach, FL $1,500 $1,800 $2,855 $3,000
Bay Harbor Islands, FL N/A $2,650 $4,050 $3,800
Miami, FL $2,350 $3,100 $4,281 $3,800
Miami Beach, FL $2,300 $3,000 $5,425 $3,900
Surfside, FL $2,750 $2,950 $4,800 $5,500
Bal Harbour, FL $3,299 $4,125 $7,000 $7,600
Key Biscayne, FL $14,200 $3,425 $6,500 $8,000

Top Neighborhoods Near Oceanfront

There are a total of 25 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 25 neighborhoods in or near Oceanfront, Miami Beach, FL in the following chart.

The average rent for these 25 neighborhoods in or near Oceanfront, Miami Beach, FL is currently around $3,427 per month. A total of 18 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,427. Out of all the neighborhoods in or near Oceanfront, Altos Del Mar South has the most affordable average rent at $2,175 per month. Whereas, at $8,000 average rent per month, South Pointe 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 $1,800 $1,990 $3,550 $2,175
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $4,400 $2,200
East Little Havana, Miami, FL $1,575 $1,990 $2,500 $2,300
Normandy Isles, Miami Beach, FL $2,375 $1,975 $2,575 $2,500
Little Haiti, Miami, FL $1,550 $1,750 $2,560 $2,600
Treasure Island, North Bay Village, FL $1,890 $2,173 $2,950 $2,700
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,800 $2,950
Hallandale Beach, FL $1,950 $2,200 $3,200 $3,000
California Club, Ives Estates, FL N/A $1,775 $2,300 $3,000
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,750 $3,800 $3,200
City Center, Miami Beach, FL $2,800 $3,200 $11,625 $3,300
Upper East Side, Miami, FL $1,550 $2,300 $2,750 $3,350
West Avenue, Miami Beach, FL $2,450 $3,265 $4,900 $3,427
Downtown Miami, Miami, FL $2,800 $3,000 $4,219 $3,500
Media and Entertainment District, Miami, FL $2,450 $3,200 $4,500 $3,600
Bay Harbor Islands, FL N/A $2,650 $4,050 $3,800
Wynwood, Miami, FL $2,650 $3,500 $4,800 $4,000
Brickell, Miami, FL $2,925 $3,500 $5,000 $4,500
Edgewater, Miami, FL $1,950 $3,400 $5,900 $5,325
Altos Del Mar, Surfside, FL $2,750 $3,250 $5,000 $5,500
Park West, Miami, FL $4,700 $4,100 $5,750 $5,775
Bayshore, Miami Beach, FL $1,952 $2,400 $6,000 $6,950
Bal Harbour, FL $3,299 $4,125 $7,000 $7,600
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,425 $6,500 $8,000
South Pointe, Miami Beach, FL $2,050 $3,500 $9,900 $8,000

Top Counties Near Oceanfront

There are a total of 25 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 $3,100. 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 54.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Oceanfront, Miami Beach, FL is 17.14% more expensive than other counties nearby. Finally, rent for two bedrooms in Oceanfront, Miami Beach, FL is 1.92% 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 $1,800 $2,200 $3,200 $3,100
Miami Beach, FL $2,300 $2,900 $5,300 $4,500
Key Biscayne, FL $14,200 $3,425 $6,500 $8,000

Top Zipcodes Near Oceanfront

There are a total of 21 zipcodes in or near Oceanfront, Miami Beach, FL. The average rent for all of these zipcodes is $3,800. A total of 19 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 $8,000 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 Oceanfront, 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 $3,950 per month. Which comes out to $3 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 $4,625 $4,500
33139, Miami Beach, FL $2,500 $3,000 $7,975 $3,800
33141, Miami Beach, FL $1,850 $2,400 $3,950 $3,173
33137, Miami, FL $2,348 $3,300 $5,500 $4,800
33132, Miami, FL $2,575 $3,250 $4,500 $3,900
33138, Miami, FL $1,500 $2,100 $2,800 $3,500
33131, Miami, FL $2,950 $3,500 $5,400 $4,375
33127, Miami, FL $1,928 $3,000 $2,925 $3,600
33136, Miami, FL $1,745 $2,000 $2,800 $2,450
33154, Bay Harbor Islands, FL $3,000 $3,000 $5,850 $5,500

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 $5,000 and an average price per square feet of $7.45. There are a total of 61 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 $3,500 and an average price per square feet of $4.38. There are a total of 165 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 $5,200 and an average price per square feet of $4.64. There are a total of 219 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 0.06%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.03% 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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