Average Rent in Olympia Heights, FL

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Current Versus Historical Olympia Heights, FL Rents

Olympia Heights rentals average $0 for a 1-bedroom rental to $7,500 for a 4-bedroom rental. The median price of all currently available listings is $6,950, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $4,063 (-77.20%) year-over-year from $5,263 to $1,200. 1-bedroom rentals prices have decreased by $348 (-21.46%) year-over-year from $1,623 to $1,275. 2-bedroom rentals prices have increased by $340 (13.55%) year-over-year from $2,510 to $2,850. 3-bedroom rentals prices have decreased by $1,450 (-27.49%) year-over-year from $5,275 to $3,825. 4-bedroom rentals prices have increased by $1,717 (32.80%) year-over-year from $5,233 to $6,950. 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 72.83% this month. 1-bedroom rents have gone down by 12.57% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 0.88% this month. 4-bedroom rents have gone up by 13.01% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
3 BR	$2.42	$3,825	$5,275 (-27.49%)	$2,989 (27.97%)
4+ BR	$3.45	$6,950	$5,233 (32.80%)	$4,400 (57.95%)

Historical Rents in Olympia Heights, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Olympia Heights

There are a total of 1 cities nearby Olympia Heights. The average rent in Olympia Heights is currently $2,900 per month. Only one city nearby has an average rent lower than that. Our records show that Glenvar Heights, FL, with an average rent of $2,900, is the most affordable city nearby. In contrast, the most expensive city near Olympia Heights, FL is Glenvar Heights, FL. Monthly rents here are on average $2,900 per month.

Let's compare Olympia Heights, FL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Olympia Heights, FL are about inf% more affordable. Finally, rent for three bedrooms are about 5.13% more expensive. Want more information? Check out the top 1 cities near Olympia Heights, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Glenvar Heights, FL	N/A	$1,988	$2,800	$2,900

Top Neighborhoods Near Olympia Heights

There are a total of 2 neighborhoods in or near Olympia Heights. We've included all of these top 2 neighborhoods in or near Olympia Heights, FL in the following chart.

The average rent for these 2 neighborhoods in or near Olympia Heights, FL is currently around $3,050 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Olympia Heights, Glenvar Heights has the most affordable average rent at $2,900 per month. Whereas, at $3,200 average rent per month, South Miami is the most expensive neighborhood in or near Olympia Heights. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Glenvar Heights, FL	N/A	$1,988	$2,800	$2,900
South Miami, FL	N/A	$2,050	$2,950	$3,200

Top Counties Near Olympia Heights

There are a total of 2 counties located by Olympia Heights, FL. The average rent for rentals in these counties is $3,825. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is South Westside, FL. It's average rent per month is $3,825. Vice versa, with an average rent of $3,825, South Westside, FL is the most expensive county by Olympia Heights, FL.

Typically, rent for studios in Olympia Heights, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Olympia Heights, FL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Olympia Heights, FL is inf% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
South Westside, FL	$1,225	$1,600	$2,375	$3,825

Top Zipcodes Near Olympia Heights

There are a total of 4 zipcodes in or near Olympia Heights, FL. The average rent for all of these zipcodes is $3,475. 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 33143, South Miami, FL at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $3,900 per month is 33155, Coral Terrace, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Olympia Heights, FL is $1,945 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,613 per month. Which comes out to $3 per sqft. The following chart includes the top 4 zipcodes in Olympia Heights, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33165, Olympia Heights, FL	N/A	$1,575	$2,350	$3,750
33155, Coral Terrace, FL	$1,500	$2,100	$2,800	$3,900
33173, Sunset, FL	N/A	$1,900	$2,625	$3,200
33143, South Miami, FL	N/A	$1,990	$2,600	$2,900

Frequently Asked Questions - Olympia Heights Average Rents

What is the average rent price in Olympia Heights, FL?

The average monthly rental price for Olympia Heights, FL apartments for rent is approximately $6,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Olympia Heights, 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 Olympia Heights, FL.

How much is a studio apartment in Olympia Heights, FL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Olympia Heights.

How much is a one bedroom apartment in Olympia Heights, FL?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Olympia Heights.

How much is a two bedroom apartment in Olympia Heights, FL?

The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in Olympia Heights.

How have rent prices in Olympia Heights, FL changed this year?

Rent prices for rentals in Olympia Heights, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.77%, one bedroom rental prices have changed by -0.21%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by -0.27% year-over-year.

What is a reasonable rent price in Olympia Heights, FL?

A reasonable rent price in Olympia Heights, FL is around $5,560/month. You can search for these reasonably priced rental listings on RentHop.