Average Rent in 33131, Miami, FL

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Current Versus Historical 33131, Miami, FL Rents

33131 rentals average $2,750 for a studio rental to $19,990 for a 4-bedroom rental. The median price of all currently available listings is $4,300, or roughly $5 per square feet.
For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $133 (5.41%) year-over-year from $2,467 to $2,600. 1-bedroom rentals prices have decreased by $17 (-0.50%) year-over-year from $3,317 to $3,300. 2-bedroom rentals prices have increased by $167 (3.45%) year-over-year from $4,833 to $5,000. 3-bedroom rentals prices have increased by $1,317 (15.25%) year-over-year from $8,633 to $9,950. 4-bedroom rentals prices have decreased by $1,908 (-10.66%) year-over-year from $17,908 to $16,000. 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 4.35% this month. 1-bedroom rents have gone up by 1.02% this month. 2-bedroom rents have gone up by 4.90% this month. 3-bedroom rents have gone down by 2.77% this month. 4-bedroom rents have gone down by 29.31% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.37 $2,600 $2,467 (5.41%) $2,675 (-2.80%)
1 BR $4.73 $3,300 $3,317 (-0.50%) $3,267 (1.02%)
2 BR $4.15 $5,000 $4,833 (3.45%) $4,867 (2.74%)
3 BR $4.80 $9,950 $8,633 (15.25%) $8,900 (11.80%)
4+ BR $7.91 $16,000 $17,908 (-10.66%) $10,875 (47.13%)

Historical Rents in 33131, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33131

There are a total of 29 cities nearby 33131. The average rent in 33131 is currently $2,800 per month. A total of 25 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,050, is the most affordable city nearby. In contrast, the most expensive city near 33131, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $8,500 per month.

Let's compare 33131, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33131, Miami, FL is 50.91% more expensive than other cities nearby. One bedrooms are about 42.54% more expensive. Two bedrooms in 33131, Miami, FL are about 50.00% more expensive. Finally, rent for three bedrooms are about 58.95% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near 33131, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
North Miami, FL $1,600 $1,750 $2,425 $2,100
Glenvar Heights, FL N/A $1,813 $2,500 $2,450
West Little River, FL $1,173 $1,550 $2,350 $2,575
North Bay Village, FL $1,800 $2,200 $3,195 $2,987
Miami Beach, FL $2,200 $2,750 $4,900 $3,400
Miami, FL $2,350 $2,975 $4,000 $3,500
Coral Gables, FL $1,825 $2,400 $3,450 $3,600
Bay Harbor Islands, FL N/A $2,725 $4,170 $3,900
Surfside, FL $2,800 $2,900 $4,000 $4,995
Key Biscayne, FL N/A $3,200 $6,925 $8,000

Top Neighborhoods Near 33131

There are a total of 39 neighborhoods in or near 33131. Some of these neighborhoods include Altos Del Mar South, Normandy Isles, and East Little Havana. We've included the top 30 neighborhoods out of 39 total neighborhoods in or near 33131, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near 33131, Miami, FL is currently around $2,980 per month. A total of 30 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 33131, Altos Del Mar South has the most affordable average rent at $1,900 per month. Whereas, at $8,500 average rent per month, Bal Harbour is the most expensive neighborhood in or near 33131. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,650 $1,900 $2,950 $1,900
Normandy Isles, Miami Beach, FL $1,600 $1,975 $2,500 $2,075
East Little Havana, Miami, FL $1,650 $1,900 $2,300 $2,200
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,200 $2,200
Flagami, Miami, FL $1,400 $2,000 $2,400 $2,300
Eastern Shores, North Miami Beach, FL N/A $2,000 $2,450 $2,313
Allapattah, Miami, FL $1,495 $1,800 $2,400 $2,350
Liberty City, Miami, FL $1,400 $1,600 $2,250 $2,388
West Little Havana, Miami, FL $1,500 $1,800 $2,500 $2,400
Upper East Side, Miami, FL $1,725 $1,998 $2,700 $2,400
Glenvar Heights, FL N/A $1,813 $2,500 $2,450
California Club, Ives Estates, FL $1,275 $1,750 $2,200 $2,500
Little Haiti, Miami, FL $1,400 $2,150 $2,520 $2,700
Cutler Bay, FL N/A $1,738 $2,250 $2,800
Hallandale Beach, FL $1,595 $2,100 $2,950 $2,800
Coral Way, Miami, FL $1,950 $2,200 $2,900 $2,980
West Avenue, Miami Beach, FL $2,297 $3,001 $4,950 $3,306
City Center, Miami Beach, FL $2,650 $3,500 $15,000 $3,425
Media and Entertainment District, Miami, FL $2,485 $3,100 $4,300 $3,500
Downtown Miami, Miami, FL $2,600 $3,000 $4,200 $3,800
Bay Harbor Islands, FL N/A $2,725 $4,170 $3,900
Wynwood, Miami, FL $2,670 $3,350 $4,600 $4,000
Brickell, Miami, FL $2,675 $3,400 $4,700 $4,300
Edgewater, Miami, FL $2,100 $3,350 $5,200 $4,990
Altos Del Mar, Surfside, FL $2,800 $2,875 $4,990 $4,995
Park West, Miami, FL $3,450 $4,000 $6,500 $5,175
South Pointe, Miami Beach, FL $2,000 $3,900 $8,000 $5,850
Northeast Coconut Grove, Miami, FL $2,200 $3,500 $7,950 $7,500
Village of Key Biscayne, Key Biscayne, FL N/A $3,200 $6,925 $8,000
Bal Harbour, FL $3,000 $4,350 $8,000 $8,500

Top Counties Near 33131

There are a total of 39 counties located by 33131, 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 $3,050. 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 $2,525. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by 33131, Miami, FL.

Typically, rent for studios in 33131, Miami, FL is 42.82% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 33131, Miami, FL is 39.55% more expensive than other counties nearby. Finally, rent for two bedrooms in 33131, Miami, FL is 47.76% 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 $1,800 $2,300 $2,525
Miami Gardens, FL $1,300 $1,545 $2,200 $2,600
Kendale Lakes-Tamiami, FL $1,550 $1,850 $2,400 $2,800
Hallandale Beach, FL $1,595 $2,100 $2,999 $2,850
North Westside, FL $2,000 $2,100 $2,575 $2,950
Kendall-Palmetto Bay, FL $2,375 $1,950 $2,500 $3,150
Miami, FL $2,200 $2,454 $3,300 $3,200
South Westside, FL $1,400 $1,750 $2,650 $3,600
Miami Beach, FL $2,150 $2,700 $4,925 $3,900
Key Biscayne, FL N/A $3,200 $6,925 $8,000

Top Zipcodes Near 33131

There are a total of 9 zipcodes in or near 33131, Miami, FL. The average rent for all of these zipcodes is $3,000. 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 33179, Ives Estates, FL at $2,350 per month. In comparison, the zipcode with the most expensive average rent of $4,495 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $1,275. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33131, Miami, FL is $2,100 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,790 per month. Which comes out to $2 per sqft. The following chart includes the top 9 zipcodes in 33131, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33009, Hallandale Beach, FL $1,595 $2,100 $3,000 $2,850
33180, Aventura, FL N/A $2,400 $3,325 $3,500
33137, Miami, FL $2,450 $3,200 $5,000 $4,495
33130, Miami, FL $2,275 $2,950 $3,850 $3,425
33178, Doral, FL $2,000 $2,295 $2,790 $3,350
33025, Miramar, FL N/A $1,950 $2,300 $2,399
33179, Ives Estates, FL $1,275 $1,800 $2,250 $2,350
33015, Country Club, FL N/A $1,850 $2,300 $2,363
33157, Palmetto Bay, FL N/A $1,800 $2,300 $3,000

Frequently Asked Questions - 33131 Average Rents

What is the average rent price in 33131, Miami, FL?
The average monthly rental price for 33131, Miami, FL apartments for rent is approximately $4,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33131, 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 33131, Miami, FL.
How much is a studio apartment in 33131, Miami, FL?
The average monthly rental price for studio apartments is $2,750 and an average price per square feet of $5.37. There are a total of 43 studio apartment listings currently available for rent in 33131.
How much is a one bedroom apartment in 33131, Miami, FL?
The average monthly rental price for one bedroom apartments is $3,350 and an average price per square feet of $4.73. There are a total of 247 one bedroom apartment listings currently available for rent in 33131.
How much is a two bedroom apartment in 33131, Miami, FL?
The average monthly rental price for two bedroom apartments is $5,000 and an average price per square feet of $4.15. There are a total of 265 two bedroom apartment listings currently available for rent in 33131.
How have rent prices in 33131, Miami, FL changed this year?
Rent prices for rentals in 33131, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in 33131, Miami, FL?
A reasonable rent price in 33131, Miami, FL is around $3,440/month. You can search for these reasonably priced rental listings on RentHop.
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