Average Rent in Edgewater, Miami, FL

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Current Versus Historical Edgewater, Miami, FL Rents

Edgewater rentals average $2,525 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $3,325, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have fallenover the last year. Studio rentals prices have increased by $389 (25.30%) year-over-year from $1,536 to $1,925. 1-bedroom rentals prices have decreased by $167 (-6.02%) year-over-year from $2,767 to $2,600. 2-bedroom rentals prices have increased by $800 (22.07%) year-over-year from $3,625 to $4,425. 3-bedroom rentals prices have decreased by $300 (-4.62%) year-over-year from $6,500 to $6,200. 4-bedroom rentals prices have decreased by $9,707 (-60.27%) year-over-year from $16,107 to $6,400. 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 0.00% this month. 1-bedroom rents have gone down by 0.95% this month. 2-bedroom rents have gone up by 15.18% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.79 $2,600 $2,767 (-6.02%) $1,750 (48.57%)
2 BR $3.48 $4,425 $3,625 (22.07%) $3,400 (30.15%)

Historical Rents in Edgewater, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Edgewater

There are a total of 30 cities nearby Edgewater. The average rent in Edgewater is currently $2,813 per month. A total of 20 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 Edgewater, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $12,000 per month.

Let's compare Edgewater, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Edgewater, Miami, FL is inf% more affordable than other cities nearby. One bedrooms are about 24.75% more expensive. Two bedrooms in Edgewater, Miami, FL are about 37.50% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near Edgewater, Miami, 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
Hialeah, FL $1,599 $1,775 $2,300 $2,500
North Bay Village, FL $1,850 $2,175 $3,200 $3,100
Miami, FL $2,300 $3,000 $3,901 $3,500
Miami Beach, FL $2,350 $2,750 $4,700 $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 Edgewater

There are a total of 38 neighborhoods in or near Edgewater. Some of these neighborhoods include Altos Del Mar South, Overtown, and Flamingo - Lummus. We've included the top 30 neighborhoods out of 38 total neighborhoods in or near Edgewater, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Edgewater, Miami, FL is currently around $3,150 per month. A total of 22 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,150. Out of all the neighborhoods in or near Edgewater, 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 Edgewater. 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
East Little Havana, Miami, FL $1,600 $1,850 $2,375 $2,300
Eastern Shores, North Miami Beach, FL N/A $1,950 $2,450 $2,300
Allapattah, Miami, FL N/A $1,800 $2,350 $2,350
Flagami, Miami, FL $1,300 $1,825 $2,495 $2,350
Upper East Side, Miami, FL $1,750 $1,975 $2,650 $2,388
Liberty City, Miami, FL $1,275 $1,700 $2,300 $2,475
Normandy Isles, Miami Beach, FL $1,650 $2,025 $2,600 $2,500
West Little Havana, Miami, FL $1,550 $1,800 $2,500 $2,500
Little Haiti, Miami, FL $1,449 $2,000 $2,500 $2,700
Treasure Island, North Bay Village, FL N/A $2,100 $3,000 $3,000
Coral Way, Miami, FL $1,700 $2,200 $2,850 $3,100
City Center, Miami Beach, FL $2,600 $3,200 $9,000 $3,200
South Miami, FL $1,800 $1,975 $3,000 $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
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
Northeast Coconut Grove, Miami, FL $2,200 $3,550 $8,200 $7,900
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 Edgewater

There are a total of 38 counties located by Edgewater, 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 $3,075. That's roughly around $3 per sqft. A total of 7 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 $8,000, Key Biscayne, FL is the most expensive county by Edgewater, Miami, FL.

Typically, rent for studios in Edgewater, Miami, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Edgewater, Miami, FL is 21.83% more expensive than other counties nearby. Finally, rent for two bedrooms in Edgewater, Miami, FL is 36.88% 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 $1,599 $1,850 $2,300 $2,500
Miami Gardens, FL $1,200 $1,595 $2,200 $2,825
Kendale Lakes-Tamiami, FL $1,650 $1,800 $2,400 $2,850
North Westside, FL $2,100 $2,000 $2,550 $3,000
Hallandale Beach, FL $1,675 $2,300 $3,200 $3,000
Kendall-Palmetto Bay, FL N/A $1,948 $2,400 $3,150
Miami, FL $2,094 $2,541 $3,398 $3,250
South Westside, FL $1,400 $1,850 $2,500 $3,500
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 Edgewater

There are a total of 9 zipcodes in or near Edgewater, Miami, FL. The average rent for all of these zipcodes is $3,000. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33015, Country Club, FL at $2,325 per month. In comparison, the zipcode with the most expensive average rent of $4,600 per month is 33137, Miami, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Edgewater, Miami, FL is $2,250 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,800 per month. Which comes out to $2 per sqft. The following chart includes the top 9 zipcodes in Edgewater, Miami, 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
33179, Ives Estates, FL N/A $1,800 $2,300 $2,383
33180, Aventura, FL N/A $2,400 $3,420 $3,550
33178, Doral, FL $2,050 $2,250 $2,800 $3,300
33015, Country Club, FL N/A $1,850 $2,300 $2,325
33009, Hallandale Beach, FL $1,675 $2,300 $3,325 $3,000
33025, Miramar, FL N/A $1,925 $2,250 $2,350
33157, Palmetto Bay, FL N/A $1,675 $2,200 $3,000

Frequently Asked Questions - Edgewater Average Rents

What is the average rent price in Edgewater, Miami, FL?
The average monthly rental price for Edgewater, Miami, FL apartments for rent is approximately $3,325. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Edgewater, 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 Edgewater, Miami, FL.
How much is a studio apartment in Edgewater, Miami, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Edgewater.
How much is a one bedroom apartment in Edgewater, Miami, FL?
The average monthly rental price for one bedroom apartments is $2,525 and an average price per square feet of $3.79. There are a total of 6 one bedroom apartment listings currently available for rent in Edgewater.
How much is a two bedroom apartment in Edgewater, Miami, FL?
The average monthly rental price for two bedroom apartments is $4,000 and an average price per square feet of $3.48. There are a total of 11 two bedroom apartment listings currently available for rent in Edgewater.
How have rent prices in Edgewater, Miami, FL changed this year?
Rent prices for rentals in Edgewater, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.25%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.22%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in Edgewater, Miami, FL?
A reasonable rent price in Edgewater, Miami, FL is around $2,660/month. You can search for these reasonably priced rental listings on RentHop.
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