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 $2,650 for a studio rental to $20,500 for a 4-bedroom rental. The median price of all currently available listings is $3,400, 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 $2,708 (-36.07%) year-over-year from $7,508 to $4,800. 3-bedroom rentals prices have decreased by $2,525 (-33.89%) year-over-year from $7,450 to $4,925. 4-bedroom rentals prices have decreased by $5,042 (-23.27%) year-over-year from $21,667 to $16,625. 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 19.01% this month. 3-bedroom rents have gone down by 10.45% this month. 4-bedroom rents have gone down by 19.72% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.91	$2,500	$2,517 (-0.66%)	$2,500 (0.00%)
1 BR	$4.91	$2,850	$2,892 (-1.44%)	$2,967 (-3.93%)
2 BR	$8.49	$4,800	$7,508 (-36.07%)	$3,767 (27.43%)
3 BR	$27.37	$4,925	$7,450 (-33.89%)	$4,917 (0.17%)
4+ BR	$6.71	$16,625	$21,667 (-23.27%)	$11,654 (42.66%)

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 $3,400 per month. A total of 8 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 City Center, Miami Beach, FL is Bal Harbour, FL. Monthly rents here are on average $11,725 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 34.06% more expensive than other cities nearby. One bedrooms are about 34.29% more expensive. Two bedrooms in City Center, Miami Beach, FL are about 73.60% more expensive. Finally, rent for three bedrooms are about 88.47% 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	$1,375	$1,650	$2,100	$2,050
North Miami, FL	$1,748	$1,788	$2,575	$2,250
North Miami Beach, FL	$1,290	$1,870	$2,772	$2,575
North Bay Village, FL	$1,800	$2,200	$3,100	$3,000
Miami Beach, FL	$2,353	$2,704	$4,800	$3,500
Miami, FL	$2,300	$3,000	$3,990	$3,500
Bay Harbor Islands, FL	N/A	$2,300	$4,600	$4,500
Surfside, FL	$2,800	$3,175	$5,375	$4,800
Key Biscayne, FL	N/A	$3,150	$6,800	$8,000
Bal Harbour, FL	$3,250	$4,100	$9,150	$11,725

Top Neighborhoods Near City Center

There are a total of 24 neighborhoods in or near City Center. Some of these neighborhoods include Altos Del Mar South, Flamingo - Lummus, and East Little Havana. We've included all of these top 24 neighborhoods in or near City Center, Miami Beach, FL in the following chart.

The average rent for these 24 neighborhoods in or near City Center, Miami Beach, FL is currently around $3,450 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $3,450. Interestingly, the neighborhoods' average rent is higher than City Center's average rent, which is only $3,400. Out of all the neighborhoods in or near City Center, Altos Del Mar South has the most affordable average rent at $2,000 per month. Whereas, at $11,725 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	$1,950	$2,950	$2,000
Flamingo - Lummus, Miami Beach, FL	$1,850	$2,150	$3,100	$2,175
East Little Havana, Miami, FL	$1,500	$1,900	$2,350	$2,250
Upper East Side, Miami, FL	$1,750	$1,975	$2,625	$2,300
Normandy Isles, Miami Beach, FL	$1,600	$2,000	$2,650	$2,300
Eastern Shores, North Miami Beach, FL	N/A	$1,950	$2,500	$2,400
California Club, Ives Estates, FL	N/A	$1,775	$2,200	$2,450
Little Haiti, Miami, FL	$1,449	$1,995	$2,650	$2,550
Treasure Island, North Bay Village, FL	N/A	$2,200	$2,995	$2,985
Hallandale Beach, FL	$1,875	$2,300	$3,200	$2,990
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL	N/A	$2,700	$3,350	$3,295
Media and Entertainment District, Miami, FL	$2,300	$3,000	$4,152	$3,400
West Avenue, Miami Beach, FL	$2,595	$3,200	$4,950	$3,500
Downtown Miami, Miami, FL	$2,500	$3,000	$4,000	$3,500
Wynwood, Miami, FL	$2,825	$3,450	$5,000	$4,000
Brickell, Miami, FL	$2,650	$3,400	$4,800	$4,200
Bay Harbor Islands, FL	N/A	$2,300	$4,600	$4,500
Altos Del Mar, Surfside, FL	$2,800	$3,175	$5,500	$4,600
Park West, Miami, FL	$3,500	$4,000	$6,850	$4,900
Edgewater, Miami, FL	N/A	$3,400	$5,000	$5,000
Bayshore, Miami Beach, FL	N/A	$4,200	$5,500	$5,700
South Pointe, Miami Beach, FL	$1,975	$3,150	$9,550	$7,000
Village of Key Biscayne, Key Biscayne, FL	N/A	$3,150	$6,800	$8,000
Bal Harbour, FL	$3,250	$4,100	$9,150	$11,725

Top Counties Near City Center

There are a total of 24 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 $3,998. 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 32.08% more expensive than other counties nearby. In comparison, rent for one bedroom listings in City Center, Miami Beach, FL is 22.86% more expensive than other counties nearby. Finally, rent for two bedrooms in City Center, Miami Beach, FL is 61.60% 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	$1,800	$2,300	$3,200	$3,000
Miami Beach, FL	$2,200	$2,700	$4,800	$3,998
Key Biscayne, FL	N/A	$3,150	$6,800	$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 $3,450. A total of 2 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 $4,500 per month is 33137, Miami, FL.

Studios in these zipcodes have an average rent of $1,150. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near City Center, Miami Beach, FL is $2,675 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,663 per month. Which comes out to $3 per sqft. 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	$2,573	$3,250	$5,000	$4,500
33130, Miami, FL	$2,300	$2,950	$3,875	$3,400
33180, Aventura, FL	N/A	$2,400	$3,450	$3,500
33179, Ives Estates, FL	N/A	$1,800	$2,200	$2,350

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 $3,400. 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 $2,650 and an average price per square feet of $4.91. There are a total of 81 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 $3,500 and an average price per square feet of $4.91. 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 $12,500 and an average price per square feet of $8.49. There are a total of 39 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 -0.36%, and three bedroom rental prices have changed by -0.34% 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 $2,720/month. You can search for these reasonably priced rental listings on RentHop.