Average Rent in 33138, Miami, FL

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Current Versus Historical 33138, Miami, FL Rents

33138 rentals average $1,650 for a studio rental to $15,000 for a 4-bedroom rental. The median price of all currently available listings is $2,650, or roughly $3 per square feet.
For the apartment units and housing in February 2025, median rents have risen substantially over the last year. Studio rentals prices have decreased by $50 (-3.23%) year-over-year from $1,550 to $1,500. 1-bedroom rentals prices have increased by $383 (20.26%) year-over-year from $1,892 to $2,275. 2-bedroom rentals prices have increased by $142 (4.96%) year-over-year from $2,858 to $3,000. 3-bedroom rentals prices have increased by $142 (2.43%) year-over-year from $5,833 to $5,975. 4-bedroom rentals prices have increased by $6,633 (79.28%) year-over-year from $8,367 to $15,000. 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 down by 1.96% this month. 1-bedroom rents have gone up by 13.28% this month. 2-bedroom rents have gone up by 7.95% this month. 3-bedroom rents have gone up by 8.83% this month. 4-bedroom rents have gone up by 42.90% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.33 $1,500 $1,550 (-3.23%) $1,325 (13.21%)
1 BR $3.11 $2,275 $1,892 (20.26%) $1,679 (35.48%)
2 BR $2.87 $3,000 $2,858 (4.96%) $2,974 (0.87%)
3 BR $3.95 $5,975 $5,833 (2.43%) $6,008 (-0.55%)
4+ BR $5.09 $15,000 $8,367 (79.28%) $12,750 (17.65%)

Historical Rents in 33138, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33138

There are a total of 31 cities nearby 33138. The average rent in 33138 is currently $2,850 per month. A total of 13 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 33138, Miami, FL is Pinecrest, FL. Monthly rents here are on average $9,500 per month.

Let's compare 33138, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33138, Miami, FL is 9.09% more expensive than other cities nearby. One bedrooms are about 5.00% more expensive. Two bedrooms in 33138, Miami, FL are about 18.33% more expensive. Finally, rent for three bedrooms are about 44.00% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near 33138, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL $1,250 $1,600 $2,150 $2,100
North Miami, FL $1,600 $1,750 $2,400 $2,200
North Miami Beach, FL $1,300 $1,800 $2,500 $2,400
West Little River, FL $1,395 $1,550 $2,300 $2,650
North Bay Village, FL $1,825 $2,200 $3,150 $3,000
Miami Beach, FL $2,200 $2,700 $4,950 $3,500
Miami, FL $2,293 $2,950 $4,000 $3,500
Bay Harbor Islands, FL N/A $2,875 $4,275 $3,950
Surfside, FL $2,800 $2,925 $4,650 $4,900
Bal Harbour, FL $3,050 $4,000 $8,250 $8,000

Top Neighborhoods Near 33138

There are a total of 43 neighborhoods in or near 33138. Some of these neighborhoods include Altos Del Mar South, Normandy Isles, and Allapattah. We've included the top 30 neighborhoods out of 43 total neighborhoods in or near 33138, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near 33138, Miami, FL is currently around $3,000 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,000. Interestingly, the neighborhoods' average rent is higher than 33138's average rent, which is only $2,650. Out of all the neighborhoods in or near 33138, Overtown has the most affordable average rent at $1,800 per month. Whereas, at $9,500 average rent per month, Pinecrest is the most expensive neighborhood in or near 33138. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Altos Del Mar South, Miami Beach, FL $1,600 $1,925 $2,925 $1,950
Normandy Isles, Miami Beach, FL $1,600 $1,950 $2,500 $2,100
Allapattah, Miami, FL $1,600 $1,800 $2,350 $2,200
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,200 $2,200
East Little Havana, Miami, FL $1,625 $1,950 $2,400 $2,250
Liberty City, Miami, FL $1,425 $1,600 $2,225 $2,275
Flagami, Miami, FL $1,400 $1,995 $2,400 $2,300
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,450 $2,375
California Club, Ives Estates, FL $1,550 $1,750 $2,200 $2,439
West Little Havana, Miami, FL $1,500 $1,800 $2,500 $2,450
Upper East Side, Miami, FL $1,650 $2,050 $3,000 $2,475
Glenvar Heights, FL $2,335 $1,850 $2,500 $2,495
Little Haiti, Miami, FL $1,550 $2,000 $2,450 $2,600
Cutler Bay, FL N/A $1,735 $2,225 $2,750
Hallandale Beach, FL $1,575 $2,100 $3,000 $2,800
Coral Way, Miami, FL $1,798 $2,100 $2,900 $3,000
West Avenue, Miami Beach, FL $2,390 $3,012 $4,975 $3,500
City Center, Miami Beach, FL $2,800 $3,500 $9,000 $3,500
Media and Entertainment District, Miami, FL $2,400 $3,100 $4,300 $3,500
Downtown Miami, Miami, FL $2,450 $3,000 $4,250 $3,800
Bay Harbor Islands, FL N/A $2,875 $4,275 $3,950
Wynwood, Miami, FL $2,475 $3,500 $4,550 $4,050
Brickell, Miami, FL $2,750 $3,375 $4,600 $4,200
Altos Del Mar, Surfside, FL $2,800 $2,950 $4,900 $4,500
Edgewater, Miami, FL $1,900 $3,200 $4,900 $4,725
Park West, Miami, FL $3,235 $4,200 $6,200 $5,100
South Pointe, Miami Beach, FL $2,150 $3,900 $8,000 $6,750
Northeast Coconut Grove, Miami, FL $2,200 $3,200 $7,300 $7,500
Village of Key Biscayne, Key Biscayne, FL N/A $3,300 $6,700 $7,800
Bal Harbour, FL $3,050 $4,000 $8,250 $8,000

Top Counties Near 33138

There are a total of 43 counties located by 33138, 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 $2,975. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Hialeah, FL. It's average rent per month is $2,500. Vice versa, with an average rent of $7,800, Key Biscayne, FL is the most expensive county by 33138, Miami, FL.

Typically, rent for studios in 33138, Miami, FL is 6.21% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 33138, Miami, FL is 2.50% more affordable than other counties nearby. Finally, rent for two bedrooms in 33138, Miami, FL is 14.17% 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 $1,500 $1,850 $2,300 $2,500
Miami Gardens, FL $1,390 $1,500 $2,200 $2,800
Kendale Lakes-Tamiami, FL $1,500 $1,850 $2,400 $2,800
Hallandale Beach, FL $1,595 $2,100 $3,000 $2,850
North Westside, FL $2,000 $2,100 $2,500 $2,950
Kendall-Palmetto Bay, FL $2,075 $2,000 $2,500 $3,000
Miami, FL $2,100 $2,500 $3,300 $3,200
South Westside, FL $1,300 $1,750 $2,650 $3,525
Miami Beach, FL $2,150 $2,700 $4,999 $3,900
Key Biscayne, FL N/A $3,300 $6,700 $7,800

Top Zipcodes Near 33138

There are a total of 10 zipcodes in or near 33138, Miami, FL. The average rent for all of these zipcodes is $2,925. A total of 4 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 $2,300 per month. In comparison, the zipcode with the most expensive average rent of $4,350 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $1,563. 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 33138, Miami, FL is $2,000 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,556 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 33138, 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 $1,575 $2,100 $3,000 $2,850
33180, Aventura, FL $2,338 $2,400 $3,400 $3,500
33137, Miami, FL $2,323 $3,175 $4,800 $4,350
33130, Miami, FL $2,453 $2,990 $3,917 $3,400
33178, Doral, FL $2,050 $2,300 $2,700 $3,318
33025, Miramar, FL N/A $1,900 $2,300 $2,400
33179, Ives Estates, FL $1,550 $1,800 $2,300 $2,300
33015, Country Club, FL N/A $1,850 $2,300 $2,350
33157, Palmetto Bay, FL N/A $1,800 $2,411 $3,000
33014, Hialeah, FL N/A $1,850 $2,375 $2,400

Frequently Asked Questions - 33138 Average Rents

What is the average rent price in 33138, Miami, FL?
The average monthly rental price for 33138, Miami, FL apartments for rent is approximately $2,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33138, 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 33138, Miami, FL.
How much is a studio apartment in 33138, Miami, FL?
The average monthly rental price for studio apartments is $1,650 and an average price per square feet of $2.33. There are a total of 21 studio apartment listings currently available for rent in 33138.
How much is a one bedroom apartment in 33138, Miami, FL?
The average monthly rental price for one bedroom apartments is $2,000 and an average price per square feet of $3.11. There are a total of 63 one bedroom apartment listings currently available for rent in 33138.
How much is a two bedroom apartment in 33138, Miami, FL?
The average monthly rental price for two bedroom apartments is $3,000 and an average price per square feet of $2.87. There are a total of 61 two bedroom apartment listings currently available for rent in 33138.
How have rent prices in 33138, Miami, FL changed this year?
Rent prices for rentals in 33138, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.20%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in 33138, Miami, FL?
A reasonable rent price in 33138, Miami, FL is around $2,120/month. You can search for these reasonably priced rental listings on RentHop.
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