Average Rent in Park West, Miami, FL

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Current Versus Historical Park West, Miami, FL Rents

Park West rentals average $0 for a studio rental to $32,500 for a 4-bedroom rental. The median price of all currently available listings is $6,000, or roughly $5 per square feet.
For the apartment units and housing in March 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $604 (20.68%) year-over-year from $2,921 to $3,525. 1-bedroom rentals prices have increased by $108 (2.86%) year-over-year from $3,792 to $3,900. 2-bedroom rentals prices have increased by $58 (1.05%) year-over-year from $5,567 to $5,625. 3-bedroom rentals prices have increased by $2,663 (26.39%) year-over-year from $10,088 to $12,750. 4-bedroom rentals prices have decreased by $3,833 (-10.27%) year-over-year from $37,333 to $33,500. 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 3.20% this month. 1-bedroom rents have gone up by 1.30% this month. 2-bedroom rents have gone up by 0.00% this month. 3-bedroom rents have gone up by 9.91% this month. 4-bedroom rents have gone up by 24.07% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.20 $3,900 $3,792 (2.86%) $2,600 (50.00%)
2 BR $4.30 $5,625 $5,567 (1.05%) $3,450 (63.04%)
3 BR $5.48 $12,750 $10,088 (26.39%) $6,100 (109.02%)
4+ BR $7.31 $33,500 $37,333 (-10.27%) $20,333 (64.75%)

Historical Rents in Park West, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Park West

There are a total of 31 cities nearby Park West. The average rent in Park West is currently $3,000 per month. A total of 27 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $1,925, is the most affordable city nearby. In contrast, the most expensive city near Park West, Miami, FL is Pinecrest, FL. Monthly rents here are on average $8,000 per month.

Let's compare Park West, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Park West, Miami, FL is inf% more affordable than other cities nearby. One bedrooms are about 51.25% more expensive. Two bedrooms in Park West, Miami, FL are about 56.67% more expensive. Finally, rent for three bedrooms are about 66.71% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near Park West, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL $1,640 $1,650 $2,100 $1,925
North Miami, FL $1,463 $1,800 $2,400 $2,300
North Bay Village, FL $1,950 $2,500 $3,240 $2,974
Miami, FL $2,350 $3,100 $4,200 $3,800
Miami Beach, FL $2,300 $2,950 $5,000 $3,868
Coral Gables, FL $1,875 $2,525 $3,650 $4,500
Bay Harbor Islands, FL N/A $2,725 $4,850 $4,750
Surfside, FL $2,633 $2,950 $4,300 $5,000
Bal Harbour, FL $3,175 $4,000 $8,000 $7,000
Key Biscayne, FL $14,200 $3,400 $6,600 $8,000

Top Neighborhoods Near Park West

There are a total of 35 neighborhoods in or near Park West. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included the top 30 neighborhoods out of 35 total neighborhoods in or near Park West, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Park West, Miami, FL is currently around $3,295 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,295. Out of all the neighborhoods in or near Park West, Altos Del Mar South has the most affordable average rent at $2,125 per month. Whereas, at $12,250 average rent per month, Venetian Islands is the most expensive neighborhood in or near Park West. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,550 $1,990 $3,300 $2,125
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,500 $2,200
East Little Havana, Miami, FL $1,775 $1,990 $2,500 $2,300
Normandy Isles, Miami Beach, FL $1,550 $1,925 $2,750 $2,350
West Little Havana, Miami, FL $1,700 $1,913 $2,700 $2,500
Flagami, Miami, FL $1,550 $1,900 $2,575 $2,550
Little Haiti, Miami, FL $1,550 $1,750 $2,600 $2,698
Treasure Island, North Bay Village, FL $1,900 $2,200 $2,974 $2,850
California Club, Ives Estates, FL N/A $1,900 $2,225 $2,900
Eastern Shores, North Miami Beach, FL N/A $2,075 $2,800 $2,940
Glenvar Heights, FL $1,984 $2,000 $2,926 $2,968
Coral Way, Miami, FL $1,863 $2,200 $2,900 $3,225
Doral Isles, Doral, FL N/A N/A $2,650 $3,275
City Center, Miami Beach, FL $2,800 $3,200 $8,500 $3,295
West Avenue, Miami Beach, FL $2,400 $3,150 $4,925 $3,300
Upper East Side, Miami, FL $1,500 $1,950 $2,900 $3,500
Downtown Miami, Miami, FL $2,775 $3,000 $4,300 $3,500
Media and Entertainment District, Miami, FL $2,475 $3,125 $4,550 $3,650
Wynwood, Miami, FL $2,593 $3,500 $4,900 $4,250
Brickell, Miami, FL $2,725 $3,500 $5,000 $4,350
Bay Harbor Islands, FL N/A $2,725 $4,850 $4,750
Northeast Coconut Grove, Miami, FL $2,200 $2,800 $5,000 $5,500
Altos Del Mar, Surfside, FL $2,633 $3,300 $5,250 $5,500
Edgewater, Miami, FL $2,025 $3,500 $6,000 $5,500
South Pointe, Miami Beach, FL $1,850 $3,600 $10,000 $7,000
Bal Harbour, FL $3,175 $4,000 $8,000 $7,000
Bayshore, Miami Beach, FL $1,900 $2,373 $5,750 $7,745
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,400 $6,600 $8,000
Pinecrest, FL N/A $1,950 $2,600 $8,000
Venetian Islands, Miami Beach, FL N/A $4,250 $5,900 $12,250

Top Counties Near Park West

There are a total of 35 counties located by Park West, 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 $3,446. That's roughly around $3 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,700. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Park West, Miami, FL.

Typically, rent for studios in Park West, Miami, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Park West, Miami, FL is 47.81% more expensive than other counties nearby. Finally, rent for two bedrooms in Park West, Miami, FL is 52.72% 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 $1,400 $1,850 $2,400 $2,700
Miami Gardens, FL $1,450 $1,600 $2,300 $3,000
Kendale Lakes-Tamiami, FL $1,500 $1,875 $2,440 $3,000
Hallandale Beach, FL $1,595 $2,250 $3,395 $3,200
North Westside, FL $2,000 $2,200 $2,700 $3,391
Miami, FL $2,025 $2,700 $3,600 $3,500
Kendall-Palmetto Bay, FL $1,900 $1,975 $2,600 $3,675
South Westside, FL N/A $1,650 $2,950 $3,750
Miami Beach, FL $2,290 $2,859 $5,225 $4,500
Key Biscayne, FL $14,200 $3,400 $6,600 $8,000

Top Zipcodes Near Park West

There are a total of 48 zipcodes in or near Park West, Miami, FL. The average rent for all of these zipcodes is $3,225. A total of 46 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 $2,000 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 $1,500. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Park West, Miami, FL is $2,000 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,711 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Park West, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33136, Miami, FL $1,625 $2,025 $2,695 $2,500
33132, Miami, FL $2,575 $3,238 $4,600 $3,900
33131, Miami, FL $2,775 $3,500 $5,450 $4,400
33130, Miami, FL $2,525 $3,000 $4,100 $3,750
33127, Miami, FL $2,305 $3,103 $2,698 $3,750
33137, Miami, FL $2,325 $3,250 $5,500 $4,900
33129, Miami, FL N/A $3,100 $4,350 $4,125
33139, Miami Beach, FL $2,500 $3,000 $7,000 $3,800
33135, Miami, FL $1,500 $1,850 $2,400 $2,250
33125, Miami, FL $1,800 $1,950 $2,550 $2,500

Frequently Asked Questions - Park West Average Rents

What is the average rent price in Park West, Miami, FL?
The average monthly rental price for Park West, Miami, FL apartments for rent is approximately $6,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Park West, 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 Park West, Miami, FL.
How much is a studio apartment in Park West, Miami, 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 1 studio apartment listings currently available for rent in Park West.
How much is a one bedroom apartment in Park West, Miami, FL?
The average monthly rental price for one bedroom apartments is $4,000 and an average price per square feet of $4.20. There are a total of 36 one bedroom apartment listings currently available for rent in Park West.
How much is a two bedroom apartment in Park West, Miami, FL?
The average monthly rental price for two bedroom apartments is $5,975 and an average price per square feet of $4.30. There are a total of 42 two bedroom apartment listings currently available for rent in Park West.
How have rent prices in Park West, Miami, FL changed this year?
Rent prices for rentals in Park West, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.21%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.26% year-over-year.
What is a reasonable rent price in Park West, Miami, FL?
A reasonable rent price in Park West, Miami, FL is around $4,800/month. You can search for these reasonably priced rental listings on RentHop.
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