Average Rent in Key Biscayne, FL

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Current Versus Historical Key Biscayne, FL Rents

Key Biscayne rentals average $3,100 for a 1-bedroom rental to $20,200 for a 4-bedroom rental. The median price of all currently available listings is $8,000, 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 increased by $14,656 (95.51%) year-over-year from $15,344 to $30,000. 1-bedroom rentals prices have decreased by $133 (-4.19%) year-over-year from $3,183 to $3,050. 2-bedroom rentals prices have increased by $3 (0.05%) year-over-year from $6,497 to $6,500. 3-bedroom rentals prices have decreased by $350 (-2.89%) year-over-year from $12,100 to $11,750. 4-bedroom rentals prices have increased by $1,150 (6.27%) year-over-year from $18,350 to $19,500. 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 down by 0.00% this month. 1-bedroom rents have gone down by 8.50% this month. 2-bedroom rents have gone up by 10.33% this month. 3-bedroom rents have gone up by 6.22% this month. 4-bedroom rents have gone up by 14.71% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.25 $3,050 $3,183 (-4.19%) $3,067 (-0.54%)
2 BR $4.62 $6,500 $6,497 (0.05%) $6,967 (-6.70%)
3 BR $6.19 $11,750 $12,100 (-2.89%) $9,200 (27.72%)
4+ BR $7.31 $19,500 $18,350 (6.27%) $22,333 (-12.69%)

Historical Rents in Key Biscayne, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Key Biscayne

There are a total of 1 cities nearby Key Biscayne. The average rent in Key Biscayne is currently $8,000 per month. Only one city nearby has an average rent lower than that. Our records show that Key Biscayne, FL, with an average rent of $8,000, is the most affordable city nearby. In contrast, the most expensive city near Key Biscayne, FL is Key Biscayne, FL. Monthly rents here are on average $8,000 per month.

Let's compare Key Biscayne, FL's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Key Biscayne, 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 1 cities near Key Biscayne, FL in the following chart.
City Studio 1 Bed 2 Bed All
Key Biscayne, FL N/A $3,100 $7,000 $8,000

Top Neighborhoods Near Key Biscayne

There are a total of 1 neighborhoods in or near Key Biscayne. We've included all of these top 1 neighborhoods in or near Key Biscayne, FL in the following chart.

The average rent for these 1 neighborhoods in or near Key Biscayne, FL is currently around $8,000 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is equivalent to Key Biscayne's average rent, which is also $8,000. Interestingly, the neighborhoods' average rent is less than Key Biscayne's average rent, which is actually $8,000. Out of all the neighborhoods in or near Key Biscayne, Village of Key Biscayne has the most affordable average rent at $8,000 per month. Whereas, at $8,000 average rent per month, Village of Key Biscayne is the most expensive neighborhood in or near Key Biscayne. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Village of Key Biscayne, Key Biscayne, FL N/A $3,100 $7,000 $8,000

Top Counties Near Key Biscayne

There are a total of 1 counties located by Key Biscayne, FL. The average rent for rentals in these counties is $8,000. That's roughly around $5 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Key Biscayne, FL. It's average rent per month is $8,000. Vice versa, with an average rent of $8,000, Key Biscayne, FL is the most expensive county by Key Biscayne, FL.

In comparison, rent for one bedroom listings in Key Biscayne, FL is on par with the other counties nearby. Finally, rent for two bedrooms in Key Biscayne, FL is on par with the other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Key Biscayne, FL N/A $3,100 $7,000 $8,000

Top Zipcodes Near Key Biscayne



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Key Biscayne Average Rents

What is the average rent price in Key Biscayne, FL?
The average monthly rental price for Key Biscayne, FL apartments for rent is approximately $8,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Key Biscayne, 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 Key Biscayne, FL.
How much is a studio apartment in Key Biscayne, 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 Key Biscayne.
How much is a one bedroom apartment in Key Biscayne, FL?
The average monthly rental price for one bedroom apartments is $3,100 and an average price per square feet of $4.25. There are a total of 25 one bedroom apartment listings currently available for rent in Key Biscayne.
How much is a two bedroom apartment in Key Biscayne, FL?
The average monthly rental price for two bedroom apartments is $7,000 and an average price per square feet of $4.62. There are a total of 103 two bedroom apartment listings currently available for rent in Key Biscayne.
How have rent prices in Key Biscayne, FL changed this year?
Rent prices for rentals in Key Biscayne, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.96%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in Key Biscayne, FL?
A reasonable rent price in Key Biscayne, FL is around $6,400/month. You can search for these reasonably priced rental listings on RentHop.
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