Average Rent in Bay Harbor Islands, FL

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Current Versus Historical Bay Harbor Islands, FL Rents

Bay Harbor Islands rentals average $1,750 for a studio rental to $10,450 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $4 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $500 (-22.22%) year-over-year from $2,250 to $1,750. 1-bedroom rentals prices have decreased by $317 (-13.10%) year-over-year from $2,417 to $2,100. 2-bedroom rentals prices have increased by $450 (10.47%) year-over-year from $4,300 to $4,750. 3-bedroom rentals prices have decreased by $2,500 (-34.97%) year-over-year from $7,150 to $4,650. 4-bedroom rentals prices have decreased by $1,583 (-12.58%) year-over-year from $12,583 to $11,000. 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 0.48% this month. 1-bedroom rents have gone up by 0.80% this month. 2-bedroom rents have gone down by 4.04% this month. 3-bedroom rents have gone down by 10.58% this month. 4-bedroom rents have gone down by 49.43% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.25	$1,750	$2,250 (-22.22%)	$1,446 (21.01%)
1 BR	$2.78	$2,100	$2,417 (-13.10%)	$2,033 (3.28%)
2 BR	$3.63	$4,750	$4,300 (10.47%)	$4,633 (2.52%)
3 BR	$3.45	$4,650	$7,150 (-34.97%)	$6,517 (-28.64%)
4+ BR	$3.93	$11,000	$12,583 (-12.58%)	$16,292 (-32.48%)

Historical Rents in Bay Harbor Islands, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Bay Harbor Islands

There are a total of 3 cities nearby Bay Harbor Islands. The average rent in Bay Harbor Islands is currently $4,900 per month. Only one city nearby has an average rent lower than that. Our records show that Bay Harbor Islands, FL, with an average rent of $4,500, is the most affordable city nearby. In contrast, the most expensive city near Bay Harbor Islands, FL is Bal Harbour, FL. Monthly rents here are on average $11,725 per month.

Let's compare Bay Harbor Islands, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bay Harbor Islands, FL is 51.29% more affordable than other cities nearby. One bedrooms are about 33.68% more affordable. Two bedrooms in Bay Harbor Islands, FL are about 7.98% more affordable. Finally, rent for three bedrooms are about 29.13% more affordable. Want more information? Check out the top 3 cities near Bay Harbor Islands, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Bay Harbor Islands, FL	$1,750	$2,375	$4,700	$4,500
Surfside, FL	$2,648	$3,175	$5,075	$4,900
Bal Harbour, FL	$3,250	$4,200	$8,300	$11,725

Top Neighborhoods Near Bay Harbor Islands

There are a total of 2 neighborhoods in or near Bay Harbor Islands. We've included all of these top 2 neighborhoods in or near Bay Harbor Islands, FL in the following chart.

The average rent for these 2 neighborhoods in or near Bay Harbor Islands, FL is currently around $8,313 per month. Meaning, only two neighborhoods have a higher average rent than $8,313. Interestingly, the neighborhoods' average rent is higher than Bay Harbor Islands's average rent, which is only $4,500. Out of all the neighborhoods in or near Bay Harbor Islands, Altos Del Mar has the most affordable average rent at $4,900 per month. Whereas, at $11,725 average rent per month, Bal Harbour is the most expensive neighborhood in or near Bay Harbor Islands. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar, Surfside, FL	$2,648	$3,175	$5,500	$4,900
Bal Harbour, FL	$3,250	$4,200	$8,300	$11,725

Top Counties Near Bay Harbor Islands

There are a total of 2 counties located by Bay Harbor Islands, FL.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Bay Harbor Islands

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Bay Harbor Islands Average Rents

What is the average rent price in Bay Harbor Islands, FL?

The average monthly rental price for Bay Harbor Islands, FL apartments for rent is approximately $4,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Bay Harbor Islands, 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 Bay Harbor Islands, FL.

How much is a studio apartment in Bay Harbor Islands, FL?

The average monthly rental price for studio apartments is $1,750 and an average price per square feet of $4.25. There are a total of 2 studio apartment listings currently available for rent in Bay Harbor Islands.

How much is a one bedroom apartment in Bay Harbor Islands, FL?

The average monthly rental price for one bedroom apartments is $2,375 and an average price per square feet of $2.78. There are a total of 26 one bedroom apartment listings currently available for rent in Bay Harbor Islands.

How much is a two bedroom apartment in Bay Harbor Islands, FL?

The average monthly rental price for two bedroom apartments is $4,700 and an average price per square feet of $3.63. There are a total of 45 two bedroom apartment listings currently available for rent in Bay Harbor Islands.

How have rent prices in Bay Harbor Islands, FL changed this year?

Rent prices for rentals in Bay Harbor Islands, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by -0.35% year-over-year.

What is a reasonable rent price in Bay Harbor Islands, FL?

A reasonable rent price in Bay Harbor Islands, FL is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.