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 $16,406 for a 3-bedroom rental. The median price of all currently available listings is $3,545, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $75 (-3.16%) year-over-year from $2,375 to $2,300. 1-bedroom rentals prices have decreased by $64 (-2.01%) year-over-year from $3,164 to $3,100. 2-bedroom rentals prices have decreased by $135 (-2.73%) year-over-year from $4,935 to $4,800. 3-bedroom rentals prices have decreased by $1,169 (-6.55%) year-over-year from $17,850 to $16,681. 4-bedroom rentals prices have decreased by $13,039 (-72.68%) year-over-year from $17,939 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 down by 1.39% this month. 1-bedroom rents have gone up by 0.70% this month. 2-bedroom rents have gone down by 0.52% this month. 3-bedroom rents have gone up by 66.49% 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 $4.44 $2,300 $2,375 (-3.16%) $1,733 (32.69%)
1 BR $4.31 $3,100 $3,164 (-2.01%) $2,208 (40.38%)
2 BR $4.46 $4,800 $4,935 (-2.73%) $3,150 (52.38%)
3 BR $6.49 $16,681 $17,850 (-6.55%) $10,250 (62.74%)

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 $3,725 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 $2,100, is the most affordable city nearby. In contrast, the most expensive city near West Avenue, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $9,000 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 16.67% more expensive than other cities nearby. One bedrooms are about 27.58% more expensive. Two bedrooms in West Avenue, Miami Beach, FL are about 28.57% more expensive. Finally, rent for three bedrooms are about 62.06% 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 N/A $1,600 $2,100 $2,100
North Miami, FL $1,438 $1,765 $2,400 $2,300
North Bay Village, FL $2,000 $2,300 $3,300 $2,900
North Miami Beach, FL $1,443 $1,825 $3,050 $3,300
Bay Harbor Islands, FL N/A $2,650 $4,025 $3,800
Miami, FL $2,375 $3,100 $4,300 $3,850
Miami Beach, FL $2,300 $2,999 $5,250 $3,900
Surfside, FL $2,750 $2,950 $5,200 $5,500
Key Biscayne, FL $14,200 $3,500 $6,900 $8,000
Bal Harbour, FL $3,200 $4,250 $8,400 $9,000

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 East Little Havana. 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 13 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near West Avenue, Altos Del Mar South has the most affordable average rent at $2,150 per month. Whereas, at $9,000 average rent per month, Bal Harbour 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 $1,799 $1,995 $3,600 $2,150
Flamingo - Lummus, Miami Beach, FL $1,800 $2,250 $4,000 $2,200
East Little Havana, Miami, FL $1,700 $1,990 $2,500 $2,300
Normandy Isles, Miami Beach, FL $2,375 $2,000 $2,575 $2,500
Treasure Island, North Bay Village, FL $2,000 $2,200 $2,825 $2,650
Little Haiti, Miami, FL $1,550 $1,900 $2,560 $2,900
California Club, Ives Estates, FL N/A $1,800 $2,225 $2,900
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,650 $3,475 $3,025
Hallandale Beach, FL $1,950 $2,275 $3,325 $3,200
City Center, Miami Beach, FL $2,800 $3,200 $8,500 $3,300
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,800 $3,390
Upper East Side, Miami, FL $1,588 $2,300 $2,900 $3,425
Downtown Miami, Miami, FL $2,750 $3,000 $4,200 $3,500
Media and Entertainment District, Miami, FL $2,475 $3,050 $4,500 $3,600
Bay Harbor Islands, FL N/A $2,650 $4,025 $3,800
Wynwood, Miami, FL $2,600 $3,500 $4,825 $4,050
Brickell, Miami, FL $3,000 $3,500 $5,200 $4,500
The Waterways, Aventura, FL N/A $2,426 $3,849 $5,125
Edgewater, Miami, FL $2,150 $3,333 $5,800 $5,200
Altos Del Mar, Surfside, FL $2,750 $2,975 $5,450 $5,500
Park West, Miami, FL $4,300 $4,100 $5,750 $5,850
Bayshore, Miami Beach, FL $1,964 $2,372 $6,050 $6,725
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,500 $6,900 $8,000
South Pointe, Miami Beach, FL $2,000 $3,850 $9,000 $8,500
Bal Harbour, FL $3,200 $4,250 $8,400 $9,000

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 4.58% more expensive than other counties nearby. In comparison, rent for one bedroom listings in West Avenue, Miami Beach, FL is 12.42% more expensive than other counties nearby. Finally, rent for two bedrooms in West Avenue, Miami Beach, FL is 10.20% 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 $1,725 $2,250 $3,350 $3,200
Miami Beach, FL $2,290 $2,890 $5,400 $4,500
Key Biscayne, FL $14,200 $3,500 $6,900 $8,000

Top Zipcodes Near West Avenue

There are a total of 20 zipcodes in or near West Avenue, Miami Beach, FL. The average rent for all of these zipcodes is $3,875. A total of 7 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 $2,100 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 $1,964. 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 $2,724 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,075 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 $2,450 $3,050 $7,200 $3,850
33132, Miami, FL $2,600 $3,200 $4,500 $3,924
33140, Miami Beach, FL $2,300 $3,000 $4,500 $4,498
33131, Miami, FL $2,956 $3,500 $5,400 $4,375
33137, Miami, FL $2,450 $3,300 $5,157 $4,800
33130, Miami, FL $2,100 $3,100 $4,300 $3,850
33141, Miami Beach, FL $1,850 $2,400 $3,900 $3,100
33127, Miami, FL $2,078 $3,250 $3,000 $3,900
33129, Miami, FL $1,850 $2,950 $4,250 $3,900
33149, Key Biscayne, FL $14,200 $3,500 $6,900 $8,000

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 $3,545. 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 $4.44. There are a total of 29 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 $3,300 and an average price per square feet of $4.31. There are a total of 110 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 $4,900 and an average price per square feet of $4.46. There are a total of 56 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 -0.03%, and three bedroom rental prices have changed by -0.07% 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 $2,836/month. You can search for these reasonably priced rental listings on RentHop.
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