Average Rent in Kendall-Palmetto Bay, FL

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Current Versus Historical Kendall-Palmetto Bay, FL Rents

Kendall-Palmetto Bay rentals average $1,700 for a studio rental to $9,800 for a 4-bedroom rental. The median price of all currently available listings is $3,100, or roughly $3 per square feet.

For the apartment units and housing in March 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $7 (0.38%) year-over-year from $1,743 to $1,750. 1-bedroom rentals prices have decreased by $7 (-0.33%) year-over-year from $2,007 to $2,000. 2-bedroom rentals prices have increased by $50 (2.04%) year-over-year from $2,450 to $2,500. 3-bedroom rentals prices have decreased by $67 (-1.87%) year-over-year from $3,567 to $3,500. 4-bedroom rentals prices have increased by $733 (10.09%) year-over-year from $7,267 to $8,000. 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 15.31% this month. 1-bedroom rents have gone down by 0.41% this month. 2-bedroom rents have gone up by 3.09% this month. 3-bedroom rents have gone up by 0.96% this month. 4-bedroom rents have gone up by 6.90% this month.

Beds	Price / Sqft	Mar 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.40	$1,750	$1,743 (0.38%)	$1,749 (0.05%)
1 BR	$2.88	$2,000	$2,007 (-0.33%)	$1,867 (7.14%)
2 BR	$2.48	$2,500	$2,450 (2.04%)	$2,177 (14.85%)
3 BR	$2.40	$3,500	$3,567 (-1.87%)	$3,300 (6.06%)
4+ BR	$3.17	$8,000	$7,267 (10.09%)	$7,933 (0.84%)

Historical Rents in Kendall-Palmetto Bay, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Kendall-Palmetto Bay

There are a total of 17 cities nearby Kendall-Palmetto Bay. The average rent in Kendall-Palmetto Bay is currently $2,900 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Kendall West, FL, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near Kendall-Palmetto Bay, FL is Pinecrest, FL. Monthly rents here are on average $7,500 per month.

Let's compare Kendall-Palmetto Bay, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 0.76% more expensive. Two bedrooms in Kendall-Palmetto Bay, FL are on par with the other cities nearby. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 10 cities out of 17 total cities near Kendall-Palmetto Bay, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Fountainebleau, FL	N/A	$2,000	$2,400	$2,487
Glenvar Heights, FL	$1,800	$1,900	$2,695	$2,500
Kendale Lakes, FL	N/A	$1,800	$2,450	$2,600
Kendall, FL	N/A	$2,000	$2,500	$2,800
South Miami, FL	$1,800	$1,960	$2,800	$2,813
Cutler Bay, FL	N/A	$1,625	$2,200	$2,900
Coral Gables, FL	$1,750	$2,395	$3,500	$3,600
Palmetto Bay, FL	N/A	$1,800	$2,500	$5,000
Pinecrest, FL	N/A	$1,963	$2,400	$7,500
Key Biscayne, FL	N/A	$3,300	$6,500	$7,500

Top Neighborhoods Near Kendall-Palmetto Bay

There are a total of 25 neighborhoods in or near Kendall-Palmetto Bay. Some of these neighborhoods include Overtown, Flamingo - Lummus, and East Little Havana. We've included all of these top 25 neighborhoods in or near Kendall-Palmetto Bay, FL in the following chart.

The average rent for these 25 neighborhoods in or near Kendall-Palmetto Bay, FL is currently around $3,500 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than Kendall-Palmetto Bay's average rent, which is only $3,100. Out of all the neighborhoods in or near Kendall-Palmetto Bay, Overtown has the most affordable average rent at $1,963 per month. Whereas, at $8,850 average rent per month, Northeast Coconut Grove is the most expensive neighborhood in or near Kendall-Palmetto Bay. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Overtown, Miami, FL	$1,550	$1,713	$2,423	$1,963
Flamingo - Lummus, Miami Beach, FL	$1,799	$2,150	$3,300	$2,200
East Little Havana, Miami, FL	$1,688	$1,850	$2,450	$2,200
Flagami, Miami, FL	$1,300	$1,995	$2,400	$2,250
Allapattah, Miami, FL	$1,800	$1,850	$2,400	$2,350
West Little Havana, Miami, FL	$1,499	$1,750	$2,425	$2,400
Glenvar Heights, FL	$1,800	$1,900	$2,695	$2,500
Princeton, FL	N/A	$1,550	N/A	$2,800
Cutler Bay, FL	N/A	$1,625	$2,200	$2,900
Coral Way, Miami, FL	$1,700	$2,000	$2,900	$3,000
South Miami, FL	$1,800	$1,960	$2,825	$3,000
Media and Entertainment District, Miami, FL	$2,275	$3,100	$4,500	$3,500
City Center, Miami Beach, FL	$2,750	$3,500	$5,850	$3,500
Downtown Miami, Miami, FL	$2,525	$2,999	$4,247	$3,750
Wynwood, Miami, FL	$1,800	$3,200	$5,000	$3,925
Brickell, Miami, FL	$2,600	$3,300	$4,600	$4,100
West Avenue, Miami Beach, FL	$2,625	$3,175	$5,400	$4,150
Edgewater, Miami, FL	N/A	$3,500	$5,000	$4,900
Bayshore, Miami Beach, FL	$1,950	$2,950	$3,975	$5,000
Palmetto Bay, FL	N/A	$1,800	$2,500	$5,250
Park West, Miami, FL	$3,100	$4,400	$6,500	$5,645
South Pointe, Miami Beach, FL	$2,200	$4,125	$7,750	$6,500
Village of Key Biscayne, Key Biscayne, FL	N/A	$3,300	$6,500	$7,500
Pinecrest, FL	N/A	$1,963	$2,400	$7,500
Northeast Coconut Grove, Miami, FL	$2,200	$3,200	$8,775	$8,850

Top Counties Near Kendall-Palmetto Bay

There are a total of 25 counties located by Kendall-Palmetto Bay, FL. Some of these counties include Princeton-Goulds, FL, Kendale Lakes-Tamiami, FL, and North Westside, FL. The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Princeton-Goulds, FL. It's average rent per month is $2,800. Vice versa, with an average rent of $7,500, Key Biscayne, FL is the most expensive county by Kendall-Palmetto Bay, FL.

Typically, rent for studios in Kendall-Palmetto Bay, FL is 33.82% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Kendall-Palmetto Bay, FL is 7.59% more expensive than other counties nearby. Finally, rent for two bedrooms in Kendall-Palmetto Bay, FL is on par with the other counties nearby. We've listed the top 5 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Princeton-Goulds, FL	$1,125	$1,600	$2,125	$2,800
Kendale Lakes-Tamiami, FL	$1,500	$1,800	$2,400	$2,800
North Westside, FL	$2,000	$2,050	$2,500	$3,000
South Westside, FL	N/A	$1,825	$2,590	$3,700
Key Biscayne, FL	N/A	$3,300	$6,500	$7,500

Top Zipcodes Near Kendall-Palmetto Bay

There are a total of 3 zipcodes in or near Kendall-Palmetto Bay, FL. The average rent for all of these zipcodes is $3,500.

The following chart includes the top 3 zipcodes in Kendall-Palmetto Bay, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33137, Miami, FL	$2,298	$3,210	$4,950	$4,500
33130, Miami, FL	$2,300	$2,900	$3,929	$3,500
33157, Palmetto Bay, FL	$1,275	$1,800	$2,400	$2,900

Frequently Asked Questions - Kendall-Palmetto Bay Average Rents

What is the average rent price in Kendall-Palmetto Bay, FL?

The average monthly rental price for Kendall-Palmetto Bay, FL apartments for rent is approximately $3,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Kendall-Palmetto Bay, 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 Kendall-Palmetto Bay, FL.

How much is a studio apartment in Kendall-Palmetto Bay, FL?

The average monthly rental price for studio apartments is $1,700 and an average price per square feet of $4.40. There are a total of 5 studio apartment listings currently available for rent in Kendall-Palmetto Bay.

How much is a one bedroom apartment in Kendall-Palmetto Bay, FL?

The average monthly rental price for one bedroom apartments is $1,975 and an average price per square feet of $2.88. There are a total of 80 one bedroom apartment listings currently available for rent in Kendall-Palmetto Bay.

How much is a two bedroom apartment in Kendall-Palmetto Bay, FL?

The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $2.48. There are a total of 105 two bedroom apartment listings currently available for rent in Kendall-Palmetto Bay.

How have rent prices in Kendall-Palmetto Bay, FL changed this year?

Rent prices for rentals in Kendall-Palmetto Bay, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in Kendall-Palmetto Bay, FL?

A reasonable rent price in Kendall-Palmetto Bay, FL is around $2,480/month. You can search for these reasonably priced rental listings on RentHop.