Average Rent in North Miami, FL

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Current Versus Historical North Miami, FL Rents

North Miami rentals average $1,748 for a studio rental to $7,950 for a 4-bedroom rental. The median price of all currently available listings is $2,250, or roughly $2 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 $219 (14.95%) year-over-year from $1,466 to $1,685. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,750 to $1,750. 2-bedroom rentals prices have increased by $67 (2.74%) year-over-year from $2,433 to $2,500. 3-bedroom rentals prices have decreased by $58 (-1.56%) year-over-year from $3,733 to $3,675. 4-bedroom rentals prices have decreased by $817 (-9.37%) year-over-year from $8,717 to $7,900. 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 22.25% this month. 1-bedroom rents have gone down by 0.94% this month. 2-bedroom rents have gone up by 0.03% this month. 3-bedroom rents have gone up by 1.85% this month. 4-bedroom rents have gone down by 16.55% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.25 $1,685 $1,466 (14.95%) $1,183 (42.39%)
1 BR $2.40 $1,750 $1,750 (0.00%) $1,429 (22.45%)
2 BR $2.26 $2,500 $2,433 (2.74%) $2,187 (14.33%)
3 BR $2.40 $3,675 $3,733 (-1.56%) $3,048 (20.56%)
4+ BR $4.00 $7,900 $8,717 (-9.37%) $5,933 (33.15%)

Historical Rents in North Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near North Miami

There are a total of 14 cities nearby North Miami. The average rent in North Miami is currently $2,650 per month. A total of 2 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 North Miami, FL is Bal Harbour, FL. Monthly rents here are on average $11,725 per month.

Let's compare North Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in North Miami, FL is 22.03% more expensive than other cities nearby. One bedrooms are about 7.43% more affordable. Two bedrooms in North Miami, FL are on par with the other cities nearby. Finally, rent for three bedrooms are about 6.25% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near North Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Golden Glades, FL $1,350 $1,650 $2,100 $2,050
North Miami, FL $1,748 $1,750 $2,500 $2,200
North Miami Beach, FL $1,295 $1,890 $2,700 $2,500
Ojus, FL N/A $1,870 $2,300 $2,500
Ives Estates, FL N/A $1,725 $2,250 $2,500
North Bay Village, FL $1,800 $2,200 $3,100 $3,000
Bay Harbor Islands, FL $1,750 $2,375 $4,700 $4,500
Surfside, FL $2,648 $3,175 $5,075 $4,900
Sunny Isles Beach, FL $2,100 $2,500 $5,000 $5,500
Bal Harbour, FL $3,250 $4,200 $8,300 $11,725

Top Neighborhoods Near North Miami

There are a total of 12 neighborhoods in or near North Miami. Some of these neighborhoods include Altos Del Mar South, Normandy Isles, and Upper East Side. We've included all of these top 12 neighborhoods in or near North Miami, FL in the following chart.

The average rent for these 12 neighborhoods in or near North Miami, FL is currently around $2,562 per month. A total of one neighborhood has a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $2,562. Interestingly, the neighborhoods' average rent is higher than North Miami's average rent, which is only $2,250. Out of all the neighborhoods in or near North Miami, 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 North Miami. 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
Normandy Isles, Miami Beach, FL $1,650 $2,000 $2,650 $2,300
Upper East Side, Miami, FL $1,750 $1,975 $2,688 $2,325
Eastern Shores, North Miami Beach, FL N/A $1,950 $2,500 $2,400
California Club, Ives Estates, FL N/A $1,775 $2,250 $2,400
Liberty City, Miami, FL $1,500 $1,600 $2,375 $2,475
Little Haiti, Miami, FL $1,449 $2,000 $2,600 $2,650
Treasure Island, North Bay Village, FL N/A $2,100 $2,995 $2,999
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,650 $3,425 $3,290
Bay Harbor Islands, FL $1,750 $2,375 $4,700 $4,500
Altos Del Mar, Surfside, FL $2,648 $3,175 $5,500 $4,900
Bal Harbour, FL $3,250 $4,200 $8,300 $11,725

Top Counties Near North Miami

There are a total of 12 counties located by North Miami, FL. Some of these counties include Miami Gardens, FL, Miami, FL, and Miami Beach, FL. The average rent for rentals in these counties is $3,200. That's roughly around $3 per sqft. The county that is the most affordable is Miami Gardens, FL. It's average rent per month is $2,775. Vice versa, with an average rent of $4,000, Miami Beach, FL is the most expensive county by North Miami, FL.

Typically, rent for studios in North Miami, FL is 20.00% more affordable than other counties nearby. In comparison, rent for one bedroom listings in North Miami, FL is 42.86% more affordable than other counties nearby. Finally, rent for two bedrooms in North Miami, FL is 27.88% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Miami Gardens, FL $1,299 $1,475 $2,300 $2,775
Miami, FL $2,097 $2,500 $3,325 $3,200
Miami Beach, FL $2,200 $2,700 $4,900 $4,000

Top Zipcodes Near North Miami

There are a total of 4 zipcodes in or near North Miami, FL. The average rent for all of these zipcodes is $2,351.

The following chart includes the top 4 zipcodes in North Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33179, Ives Estates, FL N/A $1,800 $2,250 $2,352
33180, Aventura, FL N/A $2,400 $3,463 $3,500
33014, Hialeah, FL N/A $1,883 $2,363 $2,350
33015, Country Club, FL N/A $1,850 $2,300 $2,350

Frequently Asked Questions - North Miami Average Rents

What is the average rent price in North Miami, FL?
The average monthly rental price for North Miami, FL apartments for rent is approximately $2,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do North 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 North Miami, FL.
How much is a studio apartment in North Miami, FL?
The average monthly rental price for studio apartments is $1,748 and an average price per square feet of $3.25. There are a total of 8 studio apartment listings currently available for rent in North Miami.
How much is a one bedroom apartment in North Miami, FL?
The average monthly rental price for one bedroom apartments is $1,750 and an average price per square feet of $2.40. There are a total of 97 one bedroom apartment listings currently available for rent in North Miami.
How much is a two bedroom apartment in North Miami, FL?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $2.26. There are a total of 91 two bedroom apartment listings currently available for rent in North Miami.
How have rent prices in North Miami, FL changed this year?
Rent prices for rentals in North Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.15%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in North Miami, FL?
A reasonable rent price in North Miami, FL is around $1,800/month. You can search for these reasonably priced rental listings on RentHop.
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