Average Rent in South Miami Heights, FL

Current Versus Historical South Miami Heights, FL Rents

South Miami Heights rentals average $0 for a studio rental to $4,750 for a 4-bedroom rental. The median price of all currently available listings is $2,356, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have increased by $454 (33.75%) year-over-year from $1,346 to $1,800. 1-bedroom rentals prices have increased by $117 (7.61%) year-over-year from $1,533 to $1,650. 2-bedroom rentals prices have increased by $258 (12.97%) year-over-year from $1,992 to $2,250. 3-bedroom rentals prices have increased by $494 (16.44%) year-over-year from $3,005 to $3,499. 4-bedroom rentals prices have decreased by $33 (-0.75%) year-over-year from $4,458 to $4,425. 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 8.00% this month. 1-bedroom rents have gone up by 19.28% this month. 2-bedroom rents have gone down by 0.82% this month. 3-bedroom rents have gone up by 11.68% this month. 4-bedroom rents have gone down by 4.67% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $0.80 $1,650 $1,533 (7.61%) $1,117 (47.76%)
2 BR $2.57 $2,250 $1,992 (12.97%) $1,713 (31.39%)
3 BR $2.70 $3,499 $3,005 (16.44%) $2,698 (29.67%)
4+ BR $2.41 $4,425 $4,458 (-0.75%) $2,760 (60.33%)

Historical Rents in South Miami Heights, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South Miami Heights

There are a total of 3 cities nearby South Miami Heights. The average rent in South Miami Heights is currently $2,800 per month. Our records show that Cutler Bay, FL, with an average rent of $2,750, is the most affordable city nearby. In contrast, the most expensive city near South Miami Heights, FL is Palmetto Bay, FL. Monthly rents here are on average $5,075 per month.

Let's compare South Miami Heights, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 3.03% more affordable. Two bedrooms in South Miami Heights, FL are about 5.62% more affordable. Finally, rent for three bedrooms are about 10.77% more expensive. Want more information? Check out the top 3 cities near South Miami Heights, FL in the following chart.
City Studio 1 Bed 2 Bed All
Cutler Bay, FL N/A $1,700 $2,200 $2,750
Princeton, FL N/A $1,550 $2,350 $2,800
Palmetto Bay, FL N/A $1,750 $2,400 $5,075

Top Neighborhoods Near South Miami Heights

There are a total of 3 neighborhoods in or near South Miami Heights. Some of these neighborhoods include Cutler Bay, Princeton, and Palmetto Bay. We've included all of these top 3 neighborhoods in or near South Miami Heights, FL in the following chart.

The average rent for these 3 neighborhoods in or near South Miami Heights, FL is currently around $2,800 per month. Meaning, only three neighborhoods have a higher average rent than $2,800. Interestingly, the neighborhoods' average rent is higher than South Miami Heights's average rent, which is only $2,356. Out of all the neighborhoods in or near South Miami Heights, Cutler Bay has the most affordable average rent at $2,795 per month. Whereas, at $5,075 average rent per month, Palmetto Bay is the most expensive neighborhood in or near South Miami Heights. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Cutler Bay, FL N/A $1,700 $2,200 $2,795
Princeton, FL N/A $1,550 $2,350 $2,800
Palmetto Bay, FL N/A $1,750 $2,400 $5,075

Top Counties Near South Miami Heights

There are a total of 3 counties located by South Miami Heights, FL. The average rent for rentals in these counties is $2,799. That's roughly around $2 per sqft. The county that is the most affordable is Princeton-Goulds, FL. It's average rent per month is $2,799. Vice versa, with an average rent of $2,799, Princeton-Goulds, FL is the most expensive county by South Miami Heights, FL.

Typically, rent for studios in South Miami Heights, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in South Miami Heights, FL is 3.03% more expensive than other counties nearby. Finally, rent for two bedrooms in South Miami Heights, FL is 1.12% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Princeton-Goulds, FL $1,100 $1,600 $2,250 $2,799

Top Zipcodes Near South Miami Heights

There is one zipcode in or near South Miami Heights, FL. The average rent for this zipcode is $3,000.

The following chart includes the zipcode in or near South Miami Heights, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33157, Palmetto Bay, FL N/A $1,675 $2,200 $3,000

Frequently Asked Questions - South Miami Heights Average Rents

What is the average rent price in South Miami Heights, FL?
The average monthly rental price for South Miami Heights, FL apartments for rent is approximately $2,356. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South Miami Heights, 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 South Miami Heights, FL.
How much is a studio apartment in South Miami Heights, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in South Miami Heights.
How much is a one bedroom apartment in South Miami Heights, FL?
The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $0.80. There are a total of 12 one bedroom apartment listings currently available for rent in South Miami Heights.
How much is a two bedroom apartment in South Miami Heights, FL?
The average monthly rental price for two bedroom apartments is $2,225 and an average price per square feet of $2.57. There are a total of 22 two bedroom apartment listings currently available for rent in South Miami Heights.
How have rent prices in South Miami Heights, FL changed this year?
Rent prices for rentals in South Miami Heights, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.34%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.13%, and three bedroom rental prices have changed by 0.16% year-over-year.
What is a reasonable rent price in South Miami Heights, FL?
A reasonable rent price in South Miami Heights, FL is around $1,884/month. You can search for these reasonably priced rental listings on RentHop.
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