Average Rent in Northeast Coconut Grove, Miami, FL

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Current Versus Historical Northeast Coconut Grove, Miami, FL Rents

Northeast Coconut Grove rentals average $2,200 for a studio rental to $21,500 for a 4-bedroom rental. The median price of all currently available listings is $7,925, or roughly $5 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 $180 (-7.56%) year-over-year from $2,380 to $2,200. 1-bedroom rentals prices have increased by $781 (31.03%) year-over-year from $2,517 to $3,298. 2-bedroom rentals prices have increased by $1,875 (35.21%) year-over-year from $5,325 to $7,200. 3-bedroom rentals prices have increased by $5,087 (68.66%) year-over-year from $7,408 to $12,495. 4-bedroom rentals prices have increased by $2,417 (16.02%) year-over-year from $15,083 to $17,500. 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 up by 6.02% this month. 1-bedroom rents have gone up by 16.08% this month. 2-bedroom rents have gone up by 6.14% this month. 3-bedroom rents have gone up by 11.75% this month. 4-bedroom rents have gone down by 3.67% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.40 $2,200 $2,380 (-7.56%) $2,500 (-12.00%)
1 BR $5.08 $3,298 $2,517 (31.03%) $2,217 (48.76%)
2 BR $5.07 $7,200 $5,325 (35.21%) $4,058 (77.41%)
3 BR $5.25 $12,495 $7,408 (68.66%) $10,500 (19.00%)
4+ BR $6.17 $17,500 $15,083 (16.02%) $23,333 (-25.00%)

Historical Rents in Northeast Coconut Grove, Miami, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Northeast Coconut Grove

There are a total of 30 cities nearby Northeast Coconut Grove. The average rent in Northeast Coconut Grove is currently $2,850 per month. A total of 28 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 Northeast Coconut Grove, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $11,725 per month.

Let's compare Northeast Coconut Grove, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Northeast Coconut Grove, Miami, FL is 39.80% more expensive than other cities nearby. One bedrooms are about 50.43% more expensive. Two bedrooms in Northeast Coconut Grove, Miami, FL are about 70.67% more expensive. Finally, rent for three bedrooms are about 64.30% more expensive. Want more information? Check out the top 10 cities out of 30 total cities near Northeast Coconut Grove, Miami, FL in the following chart.
City Studio 1 Bed 2 Bed All
Glenvar Heights, FL $1,846 $1,850 $2,595 $2,250
Fountainebleau, FL N/A $2,050 $2,490 $2,500
Kendall, FL N/A $2,000 $2,500 $2,600
North Bay Village, FL $1,800 $2,200 $3,100 $3,000
Doral, FL $2,050 $2,150 $2,650 $3,250
Miami, FL $2,300 $3,000 $3,995 $3,500
Miami Beach, FL $2,349 $2,750 $4,850 $3,500
Coral Gables, FL $1,875 $2,300 $3,500 $4,000
Palmetto Bay, FL N/A $1,713 $2,400 $4,325
Key Biscayne, FL N/A $3,200 $6,800 $8,000

Top Neighborhoods Near Northeast Coconut Grove

There are a total of 36 neighborhoods in or near Northeast Coconut Grove. Some of these neighborhoods include Altos Del Mar South, Overtown, and Flamingo - Lummus. We've included the top 30 neighborhoods out of 36 total neighborhoods in or near Northeast Coconut Grove, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Northeast Coconut Grove, Miami, FL is currently around $3,000 per month. A total of 34 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Northeast Coconut Grove, 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 Northeast Coconut Grove. 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
Overtown, Miami, FL $1,911 $1,900 $2,300 $2,100
Flamingo - Lummus, Miami Beach, FL $1,850 $2,175 $3,100 $2,175
Glenvar Heights, FL $1,846 $1,850 $2,595 $2,250
East Little Havana, Miami, FL $1,550 $1,900 $2,350 $2,250
Normandy Isles, Miami Beach, FL $1,650 $2,000 $2,650 $2,300
Allapattah, Miami, FL $1,500 $1,900 $2,350 $2,300
Flagami, Miami, FL $1,300 $1,950 $2,400 $2,300
Upper East Side, Miami, FL $1,750 $1,975 $2,688 $2,325
West Little Havana, Miami, FL $1,550 $1,800 $2,500 $2,363
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
South Miami, FL $1,775 $1,975 $3,100 $3,000
Coral Way, Miami, FL $1,925 $2,150 $2,900 $3,100
City Center, Miami Beach, FL $2,650 $3,500 $12,500 $3,350
Media and Entertainment District, Miami, FL $2,300 $2,970 $4,153 $3,400
West Avenue, Miami Beach, FL $2,800 $3,190 $4,950 $3,500
Downtown Miami, Miami, FL $2,500 $3,000 $4,000 $3,500
Wynwood, Miami, FL $2,850 $3,500 $5,000 $4,000
Brickell, Miami, FL $2,650 $3,400 $4,800 $4,200
Palmetto Bay, FL N/A $1,713 $2,400 $4,325
Bay Harbor Islands, FL $1,750 $2,375 $4,700 $4,500
Park West, Miami, FL $3,425 $4,000 $6,450 $4,850
Altos Del Mar, Surfside, FL $2,648 $3,175 $5,500 $4,900
Edgewater, Miami, FL $1,825 $3,350 $5,050 $5,000
Bayshore, Miami Beach, FL N/A $4,200 $5,700 $5,700
South Pointe, Miami Beach, FL $1,975 $3,200 $9,500 $6,500
Village of Key Biscayne, Key Biscayne, FL N/A $3,200 $6,800 $8,000
Bal Harbour, FL $3,250 $4,200 $8,300 $11,725

Top Counties Near Northeast Coconut Grove

There are a total of 36 counties located by Northeast Coconut Grove, 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 $3,050. That's roughly around $3 per sqft. A total of 9 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 Northeast Coconut Grove, Miami, FL.

Typically, rent for studios in Northeast Coconut Grove, Miami, FL is 29.55% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Northeast Coconut Grove, Miami, FL is 46.68% more expensive than other counties nearby. Finally, rent for two bedrooms in Northeast Coconut Grove, Miami, FL is 70.67% 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 $1,275 $1,850 $2,300 $2,500
Miami Gardens, FL $1,299 $1,475 $2,300 $2,775
Kendale Lakes-Tamiami, FL $1,700 $1,850 $2,400 $2,800
North Westside, FL $2,050 $2,100 $2,500 $3,000
Hallandale Beach, FL $1,775 $2,300 $3,200 $3,000
Kendall-Palmetto Bay, FL N/A $1,950 $2,500 $3,100
Miami, FL $2,097 $2,500 $3,325 $3,200
South Westside, FL $1,400 $1,848 $2,500 $3,524
Miami Beach, FL $2,200 $2,700 $4,900 $4,000
Key Biscayne, FL N/A $3,200 $6,800 $8,000

Top Zipcodes Near Northeast Coconut Grove

There are a total of 10 zipcodes in or near Northeast Coconut Grove, Miami, FL. The average rent for all of these zipcodes is $3,050. A total of 10 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 $2,350 per month. In comparison, the zipcode with the most expensive average rent of $4,590 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 Northeast Coconut Grove, Miami, FL is $2,100 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,581 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Northeast Coconut Grove, Miami, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33130, Miami, FL $2,300 $2,950 $3,850 $3,400
33137, Miami, FL $2,150 $3,250 $5,000 $4,590
33157, Palmetto Bay, FL N/A $1,788 $2,200 $3,100
33178, Doral, FL $2,000 $2,250 $2,800 $3,400
33014, Hialeah, FL N/A $1,883 $2,363 $2,350
33015, Country Club, FL N/A $1,850 $2,300 $2,350
33179, Ives Estates, FL N/A $1,800 $2,250 $2,352
33180, Aventura, FL N/A $2,400 $3,463 $3,500
33009, Hallandale Beach, FL $1,800 $2,300 $3,200 $3,000
33025, Miramar, FL N/A $1,950 $2,250 $2,400

Frequently Asked Questions - Northeast Coconut Grove Average Rents

What is the average rent price in Northeast Coconut Grove, Miami, FL?
The average monthly rental price for Northeast Coconut Grove, Miami, FL apartments for rent is approximately $7,925. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Northeast Coconut Grove, 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 Northeast Coconut Grove, Miami, FL.
How much is a studio apartment in Northeast Coconut Grove, Miami, FL?
The average monthly rental price for studio apartments is $2,200 and an average price per square feet of $4.40. There are a total of 4 studio apartment listings currently available for rent in Northeast Coconut Grove.
How much is a one bedroom apartment in Northeast Coconut Grove, Miami, FL?
The average monthly rental price for one bedroom apartments is $3,798 and an average price per square feet of $5.08. There are a total of 28 one bedroom apartment listings currently available for rent in Northeast Coconut Grove.
How much is a two bedroom apartment in Northeast Coconut Grove, Miami, FL?
The average monthly rental price for two bedroom apartments is $8,525 and an average price per square feet of $5.07. There are a total of 44 two bedroom apartment listings currently available for rent in Northeast Coconut Grove.
How have rent prices in Northeast Coconut Grove, Miami, FL changed this year?
Rent prices for rentals in Northeast Coconut Grove, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.31%, two bedroom rental prices have changed by 0.35%, and three bedroom rental prices have changed by 0.69% year-over-year.
What is a reasonable rent price in Northeast Coconut Grove, Miami, FL?
A reasonable rent price in Northeast Coconut Grove, Miami, FL is around $6,340/month. You can search for these reasonably priced rental listings on RentHop.
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