Average Rent in West Avenue, Miami Beach, FL

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Current Versus Historical West Avenue, Miami Beach, FL Rents

West Avenue rentals average $2,400 for a studio rental to $7,900 for a 3-bedroom rental. The median price of all currently available listings is $3,400, or roughly $4 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 $70 (3.02%) year-over-year from $2,325 to $2,395. 1-bedroom rentals prices have decreased by $47 (-1.51%) year-over-year from $3,097 to $3,050. 2-bedroom rentals prices have decreased by $197 (-3.95%) year-over-year from $4,997 to $4,800. 3-bedroom rentals prices have decreased by $9,558 (-54.82%) year-over-year from $17,434 to $7,876. 4-bedroom rentals prices have decreased by $11,080 (-69.34%) year-over-year from $15,980 to $4,900. 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 up by 3.08% this month. 1-bedroom rents have gone down by 1.08% this month. 2-bedroom rents have gone up by 2.31% this month. 3-bedroom rents have gone up by 16.82% this month. 4-bedroom rents have gone down by 19.86% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.56 $2,395 $2,325 (3.02%) $1,600 (49.69%)
1 BR $4.11 $3,050 $3,097 (-1.51%) $2,142 (42.41%)
2 BR $4.52 $4,800 $4,997 (-3.95%) $3,033 (58.24%)
3 BR $5.31 $7,876 $17,434 (-54.82%) $9,233 (-14.70%)

Historical Rents in West Avenue, Miami Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near West Avenue

There are a total of 15 cities nearby West Avenue. The average rent in West Avenue is currently $3,575 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $1,970, is the most affordable city nearby. In contrast, the most expensive city near West Avenue, Miami Beach, FL is Key Biscayne, FL. Monthly rents here are on average $8,000 per month.

Let's compare West Avenue, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in West Avenue, Miami Beach, FL is 18.75% more expensive than other cities nearby. One bedrooms are about 23.44% more expensive. Two bedrooms in West Avenue, Miami Beach, FL are about 31.67% more expensive. Finally, rent for three bedrooms are about 21.52% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near West Avenue, Miami Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL $1,640 $1,650 $2,100 $1,970
North Miami, FL $1,463 $1,800 $2,400 $2,300
North Miami Beach, FL $1,543 $1,800 $2,800 $2,750
North Bay Village, FL $1,950 $2,375 $3,313 $2,974
Miami, FL $2,350 $3,100 $4,200 $3,800
Miami Beach, FL $2,300 $2,950 $5,108 $3,900
Bay Harbor Islands, FL N/A $2,725 $4,750 $4,450
Surfside, FL $2,633 $2,950 $4,625 $5,100
Bal Harbour, FL $3,175 $3,950 $8,000 $7,000
Key Biscayne, FL $14,200 $3,700 $6,600 $8,000

Top Neighborhoods Near West Avenue

There are a total of 25 neighborhoods in or near West Avenue. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and Normandy Isles. We've included all of these top 25 neighborhoods in or near West Avenue, Miami Beach, FL in the following chart.

The average rent for these 25 neighborhoods in or near West Avenue, Miami Beach, FL is currently around $3,500 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than West Avenue's average rent, which is only $3,400. Out of all the neighborhoods in or near West Avenue, Altos Del Mar South has the most affordable average rent at $2,100 per month. Whereas, at $12,250 average rent per month, Venetian Islands is the most expensive neighborhood in or near West Avenue. 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 $3,250 $2,100
Flamingo - Lummus, Miami Beach, FL $1,825 $2,200 $3,700 $2,200
Normandy Isles, Miami Beach, FL $1,550 $1,950 $2,775 $2,350
East Little Havana, Miami, FL $1,775 $1,990 $2,500 $2,400
Little Haiti, Miami, FL $1,600 $1,750 $2,600 $2,700
Treasure Island, North Bay Village, FL $1,900 $2,150 $2,950 $2,800
California Club, Ives Estates, FL N/A $1,900 $2,200 $2,900
Eastern Shores, North Miami Beach, FL N/A $2,075 $2,800 $2,940
Hallandale Beach, FL $1,600 $2,250 $3,295 $3,100
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,650 $4,500 $3,150
City Center, Miami Beach, FL $2,800 $3,200 $8,500 $3,300
Upper East Side, Miami, FL $1,525 $2,000 $2,900 $3,500
Downtown Miami, Miami, FL $2,750 $3,000 $4,300 $3,500
Media and Entertainment District, Miami, FL $2,500 $3,175 $4,500 $3,600
Wynwood, Miami, FL $2,593 $3,500 $4,900 $4,175
Brickell, Miami, FL $2,750 $3,500 $5,000 $4,300
Bay Harbor Islands, FL N/A $2,725 $4,750 $4,450
Edgewater, Miami, FL $2,025 $3,500 $6,000 $5,350
Altos Del Mar, Surfside, FL $2,633 $3,300 $5,000 $5,500
Park West, Miami, FL N/A $4,000 $5,850 $5,950
South Pointe, Miami Beach, FL $1,875 $3,500 $9,000 $7,000
Bal Harbour, FL $3,175 $3,950 $8,000 $7,000
Bayshore, Miami Beach, FL $1,900 $2,373 $6,475 $7,000
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,700 $6,600 $8,000
Venetian Islands, Miami Beach, FL N/A $4,250 $5,900 $12,250

Top Counties Near West Avenue

There are a total of 25 counties located by West Avenue, 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 1 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 West Avenue, Miami Beach, FL.

Typically, rent for studios in West Avenue, Miami Beach, FL is 4.40% more expensive than other counties nearby. In comparison, rent for one bedroom listings in West Avenue, Miami Beach, FL is 10.16% more expensive than other counties nearby. Finally, rent for two bedrooms in West Avenue, Miami Beach, FL is 7.07% 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 $1,595 $2,200 $3,300 $3,200
Miami Beach, FL $2,295 $2,875 $5,300 $4,500
Key Biscayne, FL $14,200 $3,700 $6,600 $8,000

Top Zipcodes Near West Avenue

There are a total of 21 zipcodes in or near West Avenue, Miami Beach, FL. The average rent for all of these zipcodes is $3,775. A total of 8 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 $1,850. 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 West Avenue, 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 $3,900 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in West Avenue, Miami Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33139, Miami Beach, FL $2,500 $3,000 $7,100 $3,816
33132, Miami, FL $2,550 $3,238 $4,500 $3,900
33140, Miami Beach, FL $2,300 $3,000 $4,500 $4,500
33131, Miami, FL $2,800 $3,500 $5,400 $4,350
33137, Miami, FL $2,325 $3,250 $5,450 $4,800
33136, Miami, FL $1,600 $2,050 $2,748 $2,550
33130, Miami, FL $2,525 $3,050 $4,100 $3,750
33141, Miami Beach, FL $1,850 $2,300 $3,900 $3,000
33127, Miami, FL $2,305 $3,352 $2,750 $3,775
33129, Miami, FL N/A $3,100 $4,325 $4,200

Frequently Asked Questions - West Avenue Average Rents

What is the average rent price in West Avenue, Miami Beach, FL?
The average monthly rental price for West Avenue, Miami Beach, FL apartments for rent is approximately $3,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do West Avenue, 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 West Avenue, Miami Beach, FL.
How much is a studio apartment in West Avenue, Miami Beach, FL?
The average monthly rental price for studio apartments is $2,400 and an average price per square feet of $4.56. There are a total of 38 studio apartment listings currently available for rent in West Avenue.
How much is a one bedroom apartment in West Avenue, Miami Beach, FL?
The average monthly rental price for one bedroom apartments is $3,200 and an average price per square feet of $4.11. There are a total of 108 one bedroom apartment listings currently available for rent in West Avenue.
How much is a two bedroom apartment in West Avenue, Miami Beach, FL?
The average monthly rental price for two bedroom apartments is $4,950 and an average price per square feet of $4.52. There are a total of 52 two bedroom apartment listings currently available for rent in West Avenue.
How have rent prices in West Avenue, Miami Beach, FL changed this year?
Rent prices for rentals in West Avenue, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by -0.55% year-over-year.
What is a reasonable rent price in West Avenue, Miami Beach, FL?
A reasonable rent price in West Avenue, Miami Beach, FL is around $2,720/month. You can search for these reasonably priced rental listings on RentHop.
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