Average Rent in Park West, Miami, FL

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Current Versus Historical Park West, Miami, FL Rents

Park West rentals average $3,400 for a studio rental to $29,999 for a 4-bedroom rental. The median price of all currently available listings is $5,000, or roughly $5 per square feet.
For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $733 (-17.32%) year-over-year from $4,233 to $3,500. 1-bedroom rentals prices have increased by $183 (4.87%) year-over-year from $3,767 to $3,950. 2-bedroom rentals prices have increased by $1,267 (23.32%) year-over-year from $5,433 to $6,700. 3-bedroom rentals prices have decreased by $67 (-0.67%) year-over-year from $10,017 to $9,950. 4-bedroom rentals prices have increased by $83 (0.24%) year-over-year from $34,917 to $35,000. 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 11.41% this month. 1-bedroom rents have gone down by 0.42% this month. 2-bedroom rents have gone up by 15.02% this month. 3-bedroom rents have gone down by 0.67% this month. 4-bedroom rents have gone up by 20.50% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.69 $3,500 $4,233 (-17.32%) $3,300 (6.06%)
1 BR $4.33 $3,950 $3,767 (4.87%) $3,617 (9.22%)
2 BR $4.47 $6,700 $5,433 (23.32%) $6,012 (11.45%)
3 BR $5.04 $9,950 $10,017 (-0.67%) $8,917 (11.59%)
4+ BR $8.30 $35,000 $34,917 (0.24%) $24,500 (42.86%)

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 $2,813 per month. A total of 27 cities nearby have an average rent lower than that. Our records show that Golden Glades, FL, with an average rent of $2,100, 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 $9,200 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 60.67% more expensive than other cities nearby. One bedrooms are about 50.63% more expensive. Two bedrooms in Park West, Miami, FL are about 61.15% more expensive. Finally, rent for three bedrooms are about 65.00% 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 $1,400 $1,650 $2,100 $2,100
North Miami, FL $1,648 $1,750 $2,450 $2,200
North Bay Village, FL $1,800 $2,200 $3,190 $3,050
Miami Beach, FL $2,300 $2,772 $4,500 $3,400
Miami, FL $2,295 $2,990 $3,998 $3,500
Bay Harbor Islands, FL N/A $2,650 $3,750 $3,850
Coral Gables, FL $2,050 $2,500 $3,600 $4,000
Surfside, FL $2,800 $2,825 $4,250 $4,475
Key Biscayne, FL N/A $3,100 $6,925 $8,000
Bal Harbour, FL $3,250 $4,100 $8,250 $9,200

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, East Little Havana, 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 $2,999 per month. A total of 30 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Park West, Altos Del Mar South has the most affordable average rent at $1,925 per month. Whereas, at $9,200 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 $3,000 $1,925
East Little Havana, Miami, FL $1,475 $1,900 $2,300 $2,200
Flamingo - Lummus, Miami Beach, FL $1,800 $2,200 $3,100 $2,200
Normandy Isles, Miami Beach, FL $1,700 $2,000 $2,625 $2,225
Allapattah, Miami, FL $1,500 $1,890 $2,400 $2,300
Flagami, Miami, FL $1,300 $1,950 $2,400 $2,300
Upper East Side, Miami, FL $1,625 $1,975 $2,600 $2,300
Eastern Shores, North Miami Beach, FL N/A $2,000 $2,450 $2,350
West Little Havana, Miami, FL $1,500 $1,800 $2,500 $2,425
Glenvar Heights, FL $1,800 $1,850 $2,550 $2,450
South Miami, FL $1,675 $1,975 $2,850 $2,463
Liberty City, Miami, FL $1,400 $1,600 $2,375 $2,499
Little Haiti, Miami, FL $1,510 $2,000 $2,725 $2,750
Coral Way, Miami, FL $1,900 $2,100 $2,949 $2,998
Treasure Island, North Bay Village, FL $1,890 $2,200 $3,100 $3,100
Sunny Isles Shores, Sunny Isles Beach, FL N/A $2,100 $3,950 $3,200
Media and Entertainment District, Miami, FL $2,430 $3,000 $4,450 $3,425
City Center, Miami Beach, FL $2,675 $3,500 $15,000 $3,450
West Avenue, Miami Beach, FL $2,400 $3,200 $4,536 $3,500
Downtown Miami, Miami, FL $2,764 $3,000 $4,000 $3,600
Bay Harbor Islands, FL N/A $2,650 $3,750 $3,850
Wynwood, Miami, FL $2,690 $3,400 $4,800 $3,850
Altos Del Mar, Surfside, FL $2,800 $2,800 $4,750 $4,250
Brickell, Miami, FL $2,600 $3,350 $4,700 $4,250
Bayshore, Miami Beach, FL N/A $3,200 $5,600 $5,000
Edgewater, Miami, FL $1,900 $3,425 $5,500 $5,200
South Pointe, Miami Beach, FL $2,000 $3,000 $10,250 $5,400
Village of Key Biscayne, Key Biscayne, FL N/A $3,100 $6,925 $8,000
Northeast Coconut Grove, Miami, FL $2,200 $3,600 $8,400 $8,500
Bal Harbour, FL $3,250 $4,100 $8,250 $9,200

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 $3,100. 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 52.94% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Park West, Miami, FL is 48.10% more expensive than other counties nearby. Finally, rent for two bedrooms in Park West, Miami, FL is 59.62% 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 $1,450 $1,850 $2,300 $2,500
Miami Gardens, FL $1,300 $1,545 $2,200 $2,800
Kendale Lakes-Tamiami, FL $1,600 $1,850 $2,400 $2,800
Hallandale Beach, FL $1,600 $2,200 $3,000 $2,900
North Westside, FL $2,000 $2,100 $2,600 $3,000
Miami, FL $1,990 $2,500 $3,300 $3,200
Kendall-Palmetto Bay, FL $2,375 $2,000 $2,500 $3,200
South Westside, FL $1,400 $1,800 $2,650 $3,650
Miami Beach, FL $2,200 $2,700 $4,500 $3,900
Key Biscayne, FL N/A $3,100 $6,925 $8,000

Top Zipcodes Near Park West

There are a total of 9 zipcodes in or near Park West, Miami, FL. The average rent for all of these zipcodes is $3,300. A total of 9 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 $4,475 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 $2,200 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,950 per month. Which comes out to $3 per sqft. The following chart includes the top 9 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 $2,175 $2,900 $3,850 $3,350
33137, Miami, FL $2,485 $3,200 $5,295 $4,475
33179, Ives Estates, FL N/A $1,800 $2,250 $2,400
33180, Aventura, FL N/A $2,300 $3,350 $3,500
33178, Doral, FL $1,975 $2,300 $2,950 $3,300
33015, Country Club, FL N/A $1,850 $2,300 $2,350
33009, Hallandale Beach, FL $1,600 $2,200 $3,000 $2,900
33157, Palmetto Bay, FL N/A $1,800 $2,350 $3,300
33025, Miramar, FL N/A $1,950 $2,300 $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 $5,000. 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 $3,400 and an average price per square feet of $6.69. There are a total of 16 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 $3,950 and an average price per square feet of $4.33. There are a total of 77 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 $6,500 and an average price per square feet of $4.47. 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 -0.17%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.23%, and three bedroom rental prices have changed by -0.01% 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 $4,000/month. You can search for these reasonably priced rental listings on RentHop.
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