Last updated
Average Rent in Miami Beach, FL & Rent Trends
Rent prices and market trends across 7 apartment communities in Miami Beach, FL. Updated daily.
Market Average
$3,470/mo
▼ 1.1% from last month
Lowest Available
$2,199/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
97
available now
Price Cuts This Week in Miami Beach, FL
34 listed units across 4 buildings in Miami Beach, FL dropped their asking rent in the past 7 days, an average cut of $71/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Wynwood Bay | Unit 8 | $3,471 | $3,193 | $278 |
| Midtown 5 | Unit 2201, Studio C | $3,004 | $2,872 | $132 |
| Midtown 5 | Unit 2012, Studio A | $2,658 | $2,534 | $124 |
| Midtown 5 | Unit 1616, Studio C | $2,928 | $2,806 | $122 |
| Midtown 5 | Unit 1416, Studio C | $2,907 | $2,796 | $111 |
| Blu27 at Edgewater | Unit 2115, A2 | $3,029 | $2,920 | $109 |
| Blu27 at Edgewater | Unit 2117, A2 | $3,004 | $2,895 | $109 |
| Blu27 at Edgewater | Unit 2131, A1-B | $3,059 | $2,950 | $109 |
Rent by Neighborhood in Miami Beach, FL
Compare average rent across Miami Beach, FL neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Coconut Grove | $3,553 | ▼ $408 | $2,199 | 1 | 27 |
| Upper East Side | $3,486 | ▲ $103 | $2,227 | 5 | 64 |
| Downtown Miami | $2,921 | ▼ $352 | $2,465 | 1 | 6 |
Is Rent Going Up or Down in Miami Beach, FL?
As of September 2026, the average rent in Miami Beach, FL is $3,470 per month across 7 apartment communities and 97 available units. Rents have decreased $39 (1.1%) over the past month.
The most affordable option is Grove Central Residences starting at $2,199/mo. By unit type, a studio averages $2,504/mo, a 1-bedroom averages $3,172/mo, a 2-bedroom averages $4,313/mo, a 3-bedroom averages $6,276/mo.
Prices range from $2,199 to $7,165 per month. The most common price point is the $2,800 range, where 16 units are currently listed.
Miami Beach, FL Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $3,264 | - | 7 |
| August 2026 | $3,428 | +$164 | 7 |
| September 2026 | $3,415 | -$13 | 7 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Miami Beach, FL
Rent Prices by Apartment in Miami Beach, FL
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Grove Central Residences | $2,199/mo | $3,553/mo | 27 | 4.7 |
| Blu27 at Edgewater | $2,227/mo | $2,975/mo | 26 | 4.4 |
| Wynwood Haus | $2,465/mo | $2,921/mo | 6 | 4.4 |
| Midtown 5 | $2,534/mo | $3,633/mo | 19 | 4.5 |
| Strata Wynwood | $2,676/mo | $2,688/mo | 2 | 4.5 |
| Wynwood Bay | $2,819/mo | $2,819/mo | 1 | 4.3 |
| Metro Edgewater | $3,242/mo | $4,285/mo | 16 | 4.5 |
Frequently Asked Questions About Rent in Miami Beach, FL
What is the average rent in Miami Beach, FL?
Is rent going up or down in Miami Beach, FL?
What is the cheapest apartment in Miami Beach, FL?
How much is a 1-bedroom apartment in Miami Beach, FL?
How many apartments are available in Miami Beach, FL?
What salary do I need to live comfortably in Miami Beach, FL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$139,000/year
Based on the 30 percent rule, using our tracked average rent of $3,470/mo.
Comfortable income
$167,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,199/mo), you need to earn at least $88,000/year.
Median household income in Miami Beach, FL is $67,014 , about 60% below the comfortable-living threshold.
Cost of living in Miami Beach, FL
Overall prices in Miami Beach, FL runs above the national average by about 12% (BEA Regional Price Parity index 112.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Miami Beach, FL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,470 |
| Utilities | $673 |
| Groceries | $550 |
| Transportation | $1,605 |
| Healthcare | $783 |
| Other goods and services | $1,253 |
| Estimated total | $8,335/mo |
Population
81,319
Median household income
$67,014
Census median rent
$1,733/mo
Census rent burden
36.6%
Median age
42.4
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Miami Beach, FL Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Miami Beach, FL Apartments
Browse all 7 communities with daily-updated pricing and availability.