Average Rent in Park West, Miami, FL

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Current Versus Historical Park West, Miami, FL Rents

Park West rentals average $3,425 for a studio rental to $40,000 for a 4-bedroom rental. The median price of all currently available listings is $4,850, 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 decreased by $4,600 (-56.79%) year-over-year from $8,100 to $3,500. 1-bedroom rentals prices have increased by $95 (2.44%) year-over-year from $3,900 to $3,995. 2-bedroom rentals prices have increased by $425 (7.94%) year-over-year from $5,350 to $5,775. 3-bedroom rentals prices have increased by $700 (7.14%) year-over-year from $9,800 to $10,500. 4-bedroom rentals prices have decreased by $5,401 (-15.26%) year-over-year from $35,400 to $29,999. 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 13.51% this month. 1-bedroom rents have gone down by 3.31% this month. 2-bedroom rents have gone down by 0.14% this month. 3-bedroom rents have gone up by 19.09% this month. 4-bedroom rents have gone up by 18.73% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$6.33	$3,500	$8,100 (-56.79%)	$3,317 (5.53%)
1 BR	$4.40	$3,995	$3,900 (2.44%)	$3,600 (10.97%)
2 BR	$4.44	$5,775	$5,350 (7.94%)	$5,753 (0.38%)
3 BR	$4.90	$10,500	$9,800 (7.14%)	$9,042 (16.13%)
4+ BR	$8.20	$29,999	$35,400 (-15.26%)	$24,417 (22.86%)

Historical Rents in Park West, Miami, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Park West

There are a total of 30 cities nearby Park West. The average rent in Park West is currently $2,850 per month. A total of 26 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 Park West, Miami, FL is Bal Harbour, FL. Monthly rents here are on average $11,725 per month.

Let's compare Park West, Miami, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Park West, Miami, FL is 61.33% more expensive than other cities nearby. One bedrooms are about 52.94% more expensive. Two bedrooms in Park West, Miami, FL are about 61.24% more expensive. Finally, rent for three bedrooms are about 67.55% more expensive. Want more information? Check out the top 10 cities out of 30 total cities near Park West, 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 Bay Village, FL	$1,800	$2,200	$3,100	$3,000
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
Bay Harbor Islands, FL	$1,750	$2,375	$4,700	$4,500
Surfside, FL	$2,648	$3,175	$5,075	$4,900
Key Biscayne, FL	N/A	$3,200	$6,800	$8,000
Bal Harbour, FL	$3,250	$4,200	$8,300	$11,725

Top Neighborhoods Near Park West

There are a total of 36 neighborhoods in or near Park West. 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 Park West, Miami, FL in the following chart.

The average rent for these 30 neighborhoods in or near Park West, Miami, FL is currently around $3,000 per month. A total of 29 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Park West, 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 Park West. 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
East Little Havana, Miami, FL	$1,550	$1,900	$2,350	$2,250
Glenvar Heights, FL	$1,846	$1,850	$2,595	$2,250
Flagami, Miami, FL	$1,300	$1,950	$2,400	$2,300
Allapattah, Miami, FL	$1,500	$1,900	$2,350	$2,300
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
West Little Havana, Miami, FL	$1,550	$1,800	$2,500	$2,363
Eastern Shores, North Miami Beach, FL	N/A	$1,950	$2,500	$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
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
Downtown Miami, Miami, FL	$2,500	$3,000	$4,000	$3,500
West Avenue, Miami Beach, FL	$2,800	$3,190	$4,950	$3,500
Wynwood, Miami, FL	$2,850	$3,500	$5,000	$4,000
Brickell, Miami, FL	$2,650	$3,400	$4,800	$4,200
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
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
Northeast Coconut Grove, Miami, FL	$2,200	$3,798	$8,525	$7,925
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 Park West

There are a total of 36 counties located by Park West, 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 Park West, Miami, FL.

Typically, rent for studios in Park West, Miami, FL is 54.74% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Park West, Miami, FL is 49.38% more expensive than other counties nearby. Finally, rent for two bedrooms in Park West, Miami, FL is 61.24% 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 Park West

There are a total of 10 zipcodes in or near Park West, 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 Park West, 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 Park West, 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
33014, Hialeah, FL	N/A	$1,883	$2,363	$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
33178, Doral, FL	$2,000	$2,250	$2,800	$3,400
33015, Country Club, FL	N/A	$1,850	$2,300	$2,350
33009, Hallandale Beach, FL	$1,800	$2,300	$3,200	$3,000
33157, Palmetto Bay, FL	N/A	$1,788	$2,200	$3,100
33025, Miramar, FL	N/A	$1,950	$2,250	$2,400

Frequently Asked Questions - Park West Average Rents

What is the average rent price in Park West, Miami, FL?

The average monthly rental price for Park West, Miami, FL apartments for rent is approximately $4,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Park West, 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 Park West, Miami, FL.

How much is a studio apartment in Park West, Miami, FL?

The average monthly rental price for studio apartments is $3,425 and an average price per square feet of $6.33. There are a total of 22 studio apartment listings currently available for rent in Park West.

How much is a one bedroom apartment in Park West, Miami, FL?

The average monthly rental price for one bedroom apartments is $4,000 and an average price per square feet of $4.40. There are a total of 76 one bedroom apartment listings currently available for rent in Park West.

How much is a two bedroom apartment in Park West, Miami, FL?

The average monthly rental price for two bedroom apartments is $6,450 and an average price per square feet of $4.44. There are a total of 64 two bedroom apartment listings currently available for rent in Park West.

How have rent prices in Park West, Miami, FL changed this year?

Rent prices for rentals in Park West, Miami, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.57%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Park West, Miami, FL?

A reasonable rent price in Park West, Miami, FL is around $3,880/month. You can search for these reasonably priced rental listings on RentHop.