Average Rent in City Center, Miami Beach, FL

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Current Versus Historical City Center, Miami Beach, FL Rents

City Center rentals average $2,600 for a studio rental to $22,750 for a 4-bedroom rental. The median price of all currently available listings is $3,200, or roughly $5 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $17 (-0.66%) year-over-year from $2,517 to $2,500. 1-bedroom rentals prices have decreased by $42 (-1.44%) year-over-year from $2,892 to $2,850. 2-bedroom rentals prices have decreased by $2,358 (-31.41%) year-over-year from $7,508 to $5,150. 3-bedroom rentals prices have decreased by $2,400 (-32.21%) year-over-year from $7,450 to $5,050. 4-bedroom rentals prices have decreased by $1,167 (-5.38%) year-over-year from $21,667 to $20,500. 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 up by 6.76% this month. 1-bedroom rents have gone up by 7.21% this month. 2-bedroom rents have gone up by 24.10% this month. 3-bedroom rents have gone down by 8.87% this month. 4-bedroom rents have gone down by 6.82% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.88	$2,500	$2,517 (-0.66%)	$2,500 (0.00%)
1 BR	$4.80	$2,850	$2,892 (-1.44%)	$2,967 (-3.93%)
2 BR	$8.44	$5,150	$7,508 (-31.41%)	$3,767 (36.73%)
3 BR	$27.37	$5,050	$7,450 (-32.21%)	$4,917 (2.71%)
4+ BR	$7.18	$20,500	$21,667 (-5.38%)	$11,654 (75.91%)

Historical Rents in City Center, Miami Beach, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near City Center

There are a total of 15 cities nearby City Center. The average rent in City Center is currently $3,500 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 City Center, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $12,000 per month.

Let's compare City Center, Miami Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in City Center, Miami Beach, FL is 32.69% more expensive than other cities nearby. One bedrooms are about 28.13% more expensive. Two bedrooms in City Center, Miami Beach, FL are about 63.06% more expensive. Finally, rent for three bedrooms are about 87.96% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near City Center, Miami Beach, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Golden Glades, FL	$1,400	$1,650	$2,150	$2,100
North Miami, FL	$1,600	$1,750	$2,450	$2,100
North Miami Beach, FL	$1,270	$1,900	$2,900	$2,600
North Bay Village, FL	$1,850	$2,175	$3,200	$3,100
Miami Beach, FL	$2,350	$2,750	$4,700	$3,500
Miami, FL	$2,300	$3,000	$3,901	$3,500
Bay Harbor Islands, FL	$1,750	$2,150	$4,800	$4,100
Surfside, FL	$2,648	$3,225	$4,825	$4,850
Key Biscayne, FL	N/A	$3,100	$7,000	$8,000
Bal Harbour, FL	$3,000	$3,940	$8,500	$12,000

Top Neighborhoods Near City Center

There are a total of 26 neighborhoods in or near City Center. Some of these neighborhoods include Altos Del Mar South, Overtown, and Flamingo - Lummus. We've included all of these top 26 neighborhoods in or near City Center, Miami Beach, FL in the following chart.

The average rent for these 26 neighborhoods in or near City Center, Miami Beach, FL is currently around $3,411 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,411. Interestingly, the neighborhoods' average rent is higher than City Center's average rent, which is only $3,200. Out of all the neighborhoods in or near City Center, Altos Del Mar South has the most affordable average rent at $2,050 per month. Whereas, at $12,000 average rent per month, Bal Harbour is the most expensive neighborhood in or near City Center. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Altos Del Mar South, Miami Beach, FL	$1,700	$1,900	$3,000	$2,050
Overtown, Miami, FL	$1,999	$1,700	$2,300	$2,075
Flamingo - Lummus, Miami Beach, FL	$1,800	$2,198	$3,100	$2,200
Eastern Shores, North Miami Beach, FL	N/A	$1,950	$2,450	$2,300
East Little Havana, Miami, FL	$1,600	$1,850	$2,375	$2,300
Upper East Side, Miami, FL	$1,750	$1,975	$2,650	$2,388
California Club, Ives Estates, FL	N/A	$1,775	$2,300	$2,428
Normandy Isles, Miami Beach, FL	$1,650	$2,025	$2,600	$2,500
Little Haiti, Miami, FL	$1,449	$2,000	$2,500	$2,700
Hallandale Beach, FL	$1,675	$2,300	$3,200	$3,000
Treasure Island, North Bay Village, FL	N/A	$2,100	$3,000	$3,000
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,550	$3,350	$3,200
Media and Entertainment District, Miami, FL	$2,300	$3,000	$4,000	$3,370
West Avenue, Miami Beach, FL	$2,456	$3,102	$4,900	$3,451
Downtown Miami, Miami, FL	$2,600	$3,000	$4,000	$3,500
Wynwood, Miami, FL	$2,750	$3,500	$4,999	$4,000
Bay Harbor Islands, FL	$1,750	$2,150	$4,800	$4,100
Brickell, Miami, FL	$2,650	$3,400	$4,700	$4,175
The Waterways, Aventura, FL	N/A	N/A	$3,500	$4,500
Park West, Miami, FL	$3,275	$4,000	$5,900	$4,900
Edgewater, Miami, FL	$1,843	$3,225	$5,000	$5,000
Altos Del Mar, Surfside, FL	$2,648	$3,225	$5,275	$5,000
Bayshore, Miami Beach, FL	N/A	$3,450	$5,500	$5,150
South Pointe, Miami Beach, FL	$1,850	$3,200	$9,900	$5,925
Village of Key Biscayne, Key Biscayne, FL	N/A	$3,100	$7,000	$8,000
Bal Harbour, FL	$3,000	$3,940	$8,500	$12,000

Top Counties Near City Center

There are a total of 26 counties located by City Center, 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 $3,999. 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 $3,000. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by City Center, Miami Beach, FL.

Typically, rent for studios in City Center, Miami Beach, FL is 35.58% more expensive than other counties nearby. In comparison, rent for one bedroom listings in City Center, Miami Beach, FL is 15.63% more expensive than other counties nearby. Finally, rent for two bedrooms in City Center, Miami Beach, FL is 46.67% more expensive 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	$1,675	$2,300	$3,200	$3,000
Miami Beach, FL	$2,200	$2,700	$4,800	$3,999
Key Biscayne, FL	N/A	$3,100	$7,000	$8,000

Top Zipcodes Near City Center

There are a total of 4 zipcodes in or near City Center, Miami Beach, FL. The average rent for all of these zipcodes is $3,525.

The following chart includes the top 4 zipcodes in City Center, Miami Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33137, Miami, FL	$2,150	$3,200	$4,999	$4,600
33130, Miami, FL	$2,300	$3,000	$3,777	$3,500
33180, Aventura, FL	N/A	$2,400	$3,420	$3,550
33179, Ives Estates, FL	N/A	$1,800	$2,300	$2,383

Frequently Asked Questions - City Center Average Rents

What is the average rent price in City Center, Miami Beach, FL?

The average monthly rental price for City Center, Miami Beach, FL apartments for rent is approximately $3,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do City Center, 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 City Center, Miami Beach, FL.

How much is a studio apartment in City Center, Miami Beach, FL?

The average monthly rental price for studio apartments is $2,600 and an average price per square feet of $4.88. There are a total of 80 studio apartment listings currently available for rent in City Center.

How much is a one bedroom apartment in City Center, Miami Beach, FL?

The average monthly rental price for one bedroom apartments is $3,200 and an average price per square feet of $4.80. There are a total of 81 one bedroom apartment listings currently available for rent in City Center.

How much is a two bedroom apartment in City Center, Miami Beach, FL?

The average monthly rental price for two bedroom apartments is $9,000 and an average price per square feet of $8.44. There are a total of 41 two bedroom apartment listings currently available for rent in City Center.

How have rent prices in City Center, Miami Beach, FL changed this year?

Rent prices for rentals in City Center, Miami Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.31%, and three bedroom rental prices have changed by -0.32% year-over-year.

What is a reasonable rent price in City Center, Miami Beach, FL?

A reasonable rent price in City Center, Miami Beach, FL is around $2,560/month. You can search for these reasonably priced rental listings on RentHop.