Average Rent in Western Miami, Miami, FL

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Current Versus Historical Western Miami, Miami, FL Rents

Western Miami rentals average $1,650 for a studio rental to $4,650 for a 4-bedroom rental. The median price of all currently available listings is $2,550, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $17 (-1.03%) year-over-year from $1,617 to $1,600. 1-bedroom rentals prices have increased by $83 (4.37%) year-over-year from $1,907 to $1,990. 2-bedroom rentals prices have increased by $150 (6.12%) year-over-year from $2,450 to $2,600. 3-bedroom rentals prices have decreased by $33 (-1.00%) year-over-year from $3,333 to $3,300. 4-bedroom rentals prices have decreased by $133 (-2.87%) year-over-year from $4,633 to $4,500. 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 7.20% this month. 1-bedroom rents have gone up by 4.01% this month. 2-bedroom rents have gone up by 2.97% this month. 3-bedroom rents have gone down by 1.98% this month. 4-bedroom rents have gone up by 5.48% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.77 $1,600 $1,617 (-1.03%) $1,524 (4.96%)
1 BR $3.09 $1,990 $1,907 (4.37%) $1,390 (43.18%)
2 BR $2.92 $2,600 $2,450 (6.12%) $1,817 (43.12%)
3 BR $2.38 $3,300 $3,333 (-1.00%) $2,817 (17.16%)
4+ BR $3.01 $4,500 $4,633 (-2.87%) $3,655 (23.12%)

Historical Rents in Western Miami, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Western Miami

There are a total of 30 cities nearby Western Miami. The average rent in Western Miami is currently $2,998 per month. A total of 4 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 Western Miami, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $10,750 per month.

Let's compare Western Miami, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Western Miami, Miami, FL is 16.29% more expensive than other cities nearby. One bedrooms are about 0.38% more expensive. Two bedrooms in Western Miami, Miami, FL are about 1.92% more expensive. Finally, rent for three bedrooms are about 19.23% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near Western Miami, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Fountainebleau, FL N/A $2,125 $2,500 $2,650
Glenvar Heights, FL N/A $1,988 $2,800 $2,800
Hialeah, FL $1,400 $1,875 $2,400 $2,900
North Bay Village, FL $2,000 $2,325 $3,500 $3,000
Doral, FL $2,100 $2,400 $2,850 $3,800
Miami Beach, FL $2,200 $2,925 $5,200 $3,850
Miami, FL $2,400 $3,100 $4,350 $3,900
Coral Gables, FL $2,000 $2,450 $3,900 $4,464
Pinecrest, FL N/A $1,993 $2,525 $8,000
Key Biscayne, FL $14,200 $3,700 $6,975 $8,500

Top Neighborhoods Near Western Miami

There are a total of 39 neighborhoods in or near Western Miami. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and Allapattah. We've included the top 30 neighborhoods out of 39 total neighborhoods in or near Western Miami, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Western Miami, Miami, FL is currently around $3,400 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $3,400. Interestingly, the neighborhoods' average rent is higher than Western Miami's average rent, which is only $2,550. Out of all the neighborhoods in or near Western Miami, Altos Del Mar South has the most affordable average rent at $2,000 per month. Whereas, at $13,500 average rent per month, Venetian Islands is the most expensive neighborhood in or near Western Miami. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,700 $2,000 $3,450 $2,000
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $4,400 $2,200
Allapattah, Miami, FL $1,650 $2,025 $2,500 $2,400
East Little Havana, Miami, FL $1,700 $2,025 $2,576 $2,500
Normandy Isles, Miami Beach, FL $2,000 $2,100 $2,550 $2,525
Flagami, Miami, FL $1,500 $1,995 $2,573 $2,550
West Little Havana, Miami, FL $1,650 $1,900 $2,670 $2,600
Treasure Island, North Bay Village, FL $2,000 $2,300 $2,950 $2,788
Glenvar Heights, FL N/A $1,988 $2,800 $2,800
Little Haiti, Miami, FL $1,625 $1,875 $2,600 $2,950
Upper East Side, Miami, FL $1,650 $2,200 $2,650 $3,125
South Miami, FL N/A $2,100 $2,950 $3,200
City Center, Miami Beach, FL $2,800 $3,200 $7,000 $3,300
Coral Way, Miami, FL $1,800 $2,200 $3,100 $3,400
Downtown Miami, Miami, FL $2,725 $3,000 $4,325 $3,500
West Avenue, Miami Beach, FL $2,375 $3,272 $4,850 $3,550
Media and Entertainment District, Miami, FL $2,450 $3,075 $4,500 $3,600
Wynwood, Miami, FL $2,555 $3,475 $5,000 $4,100
Bay Harbor Islands, FL N/A $2,600 $4,300 $4,300
Brickell, Miami, FL $2,950 $3,500 $5,000 $4,500
Edgewater, Miami, FL $1,900 $3,300 $5,800 $5,203
Altos Del Mar, Surfside, FL $2,750 $2,950 $5,450 $5,450
Park West, Miami, FL $3,700 $3,800 $5,600 $5,825
Southwest Coconut Grove, Miami, FL $2,500 $3,000 $4,250 $6,950
Bayshore, Miami Beach, FL $2,398 $2,700 $6,300 $7,595
Northeast Coconut Grove, Miami, FL $2,500 $2,900 $7,925 $7,950
South Pointe, Miami Beach, FL $1,925 $3,850 $8,945 $7,950
Pinecrest, FL N/A $1,993 $2,525 $8,000
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,700 $6,975 $8,500
Venetian Islands, Miami Beach, FL N/A $4,125 $5,700 $13,500

Top Counties Near Western Miami

There are a total of 39 counties located by Western Miami, Miami, FL. Some of these counties include Miami Gardens, FL, Hialeah, FL, and Kendale Lakes-Tamiami, FL. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. The county that is the most affordable is Miami Gardens, FL. It's average rent per month is $2,795. Vice versa, with an average rent of $8,500, Key Biscayne, FL is the most expensive county by Western Miami, Miami, FL.

Typically, rent for studios in Western Miami, Miami, FL is 12.12% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Western Miami, Miami, FL is 7.63% more affordable than other counties nearby. Finally, rent for two bedrooms in Western Miami, Miami, FL is 1.44% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Miami Gardens, FL $1,450 $1,600 $2,250 $2,795
Hialeah, FL $1,400 $1,888 $2,400 $2,800
Kendale Lakes-Tamiami, FL $1,525 $1,900 $2,500 $3,000
Hallandale Beach, FL $1,850 $2,300 $3,500 $3,400
North Westside, FL $2,100 $2,300 $2,650 $3,450
Miami, FL $2,110 $2,800 $3,800 $3,550
Kendall-Palmetto Bay, FL $1,850 $2,000 $2,625 $3,725
South Westside, FL $1,200 $1,600 $2,375 $3,775
Miami Beach, FL $2,200 $2,834 $5,400 $4,500
Key Biscayne, FL $14,200 $3,700 $6,975 $8,500

Top Zipcodes Near Western Miami

There are a total of 48 zipcodes in or near Western Miami, Miami, FL. The average rent for all of these zipcodes is $3,300. A total of 9 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 $2,000 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 33149, Key Biscayne, FL.

Studios in these zipcodes have an average rent of $1,600. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Western Miami, Miami, FL is $2,038 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,788 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Western Miami, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33125, Miami, FL $1,800 $2,025 $2,500 $2,500
33134, Coral Gables, FL $2,000 $2,300 $3,450 $3,583
33135, Miami, FL $1,600 $1,963 $2,600 $2,300
33145, Miami, FL $1,675 $2,200 $2,987 $3,500
33126, Miami, FL $1,500 $1,998 $2,500 $2,500
33133, Miami, FL $2,500 $2,700 $4,100 $5,125
33136, Miami, FL $1,840 $2,200 $2,800 $2,700
33130, Miami, FL $2,250 $3,100 $4,250 $3,800
33129, Miami, FL $1,550 $2,950 $4,300 $3,950
33146, Coral Gables, FL N/A $3,150 $4,400 $5,100

Frequently Asked Questions - Western Miami Average Rents

What is the average rent price in Western Miami, Miami, FL?
The average monthly rental price for Western Miami, Miami, FL apartments for rent is approximately $2,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Western Miami, 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 Western Miami, Miami, FL.
How much is a studio apartment in Western Miami, Miami, FL?
The average monthly rental price for studio apartments is $1,650 and an average price per square feet of $4.77. There are a total of 19 studio apartment listings currently available for rent in Western Miami.
How much is a one bedroom apartment in Western Miami, Miami, FL?
The average monthly rental price for one bedroom apartments is $1,998 and an average price per square feet of $3.09. There are a total of 76 one bedroom apartment listings currently available for rent in Western Miami.
How much is a two bedroom apartment in Western Miami, Miami, FL?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $2.92. There are a total of 123 two bedroom apartment listings currently available for rent in Western Miami.
How have rent prices in Western Miami, Miami, FL changed this year?
Rent prices for rentals in Western Miami, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Western Miami, Miami, FL?
A reasonable rent price in Western Miami, Miami, FL is around $2,040/month. You can search for these reasonably priced rental listings on RentHop.
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