Average Rent in North Bay Village, FL

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Current Versus Historical North Bay Village, FL Rents

North Bay Village rentals average $1,850 for a studio rental to $21,000 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 November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $40 (-2.17%) year-over-year from $1,840 to $1,800. 1-bedroom rentals prices have increased by $225 (11.11%) year-over-year from $2,025 to $2,250. 2-bedroom rentals prices have increased by $241 (8.14%) year-over-year from $2,959 to $3,200. 3-bedroom rentals prices have increased by $510 (11.11%) year-over-year from $4,590 to $5,100. 4-bedroom rentals prices have increased by $8,892 (120.84%) year-over-year from $7,358 to $16,250. 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 5.88% this month. 1-bedroom rents have gone up by 3.05% this month. 2-bedroom rents have gone down by 2.52% this month. 3-bedroom rents have gone up by 13.78% this month. 4-bedroom rents have gone up by 2.31% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.20	$1,800	$1,840 (-2.17%)	$1,475 (22.03%)
1 BR	$2.90	$2,250	$2,025 (11.11%)	$2,063 (9.09%)
2 BR	$2.82	$3,200	$2,959 (8.14%)	$2,983 (7.26%)
3 BR	$2.94	$5,100	$4,590 (11.11%)	$5,250 (-2.86%)
4+ BR	$8.11	$16,250	$7,358 (120.84%)	$10,417 (56.00%)

Historical Rents in North Bay Village, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near North Bay Village

There are a total of 1 cities nearby North Bay Village. The average rent in North Bay Village is currently $3,100 per month. Only one city nearby has an average rent lower than that. Our records show that North Bay Village, FL, with an average rent of $3,100, is the most affordable city nearby. In contrast, the most expensive city near North Bay Village, FL is North Bay Village, FL. Monthly rents here are on average $3,100 per month.

Let's compare North Bay Village, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in North Bay Village, FL is on par with the other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in North Bay Village, 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 North Bay Village, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
North Bay Village, FL	$1,850	$2,175	$3,200	$3,100

Top Neighborhoods Near North Bay Village

There are a total of 3 neighborhoods in or near North Bay Village. Some of these neighborhoods include Upper East Side, Normandy Isles, and Treasure Island. We've included all of these top 3 neighborhoods in or near North Bay Village, FL in the following chart.

The average rent for these 3 neighborhoods in or near North Bay Village, FL is currently around $2,500 per month. A total of 3 neighborhoods have a lower average rent. Out of all the neighborhoods in or near North Bay Village, Upper East Side has the most affordable average rent at $2,388 per month. Whereas, at $3,000 average rent per month, Treasure Island is the most expensive neighborhood in or near North Bay Village. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Upper East Side, Miami, FL	$1,750	$1,975	$2,650	$2,388
Normandy Isles, Miami Beach, FL	$1,650	$2,025	$2,600	$2,500
Treasure Island, North Bay Village, FL	N/A	$2,100	$3,000	$3,000

Top Counties Near North Bay Village

There are a total of 3 counties located by North Bay Village, FL.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near North Bay Village

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - North Bay Village Average Rents

What is the average rent price in North Bay Village, FL?

The average monthly rental price for North Bay Village, 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 North Bay Village, 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 North Bay Village, FL.

How much is a studio apartment in North Bay Village, FL?

The average monthly rental price for studio apartments is $1,850 and an average price per square feet of $4.20. There are a total of 13 studio apartment listings currently available for rent in North Bay Village.

How much is a one bedroom apartment in North Bay Village, FL?

The average monthly rental price for one bedroom apartments is $2,175 and an average price per square feet of $2.90. There are a total of 28 one bedroom apartment listings currently available for rent in North Bay Village.

How much is a two bedroom apartment in North Bay Village, FL?

The average monthly rental price for two bedroom apartments is $3,200 and an average price per square feet of $2.82. There are a total of 58 two bedroom apartment listings currently available for rent in North Bay Village.

How have rent prices in North Bay Village, FL changed this year?

Rent prices for rentals in North Bay Village, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in North Bay Village, FL?

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