Rental market snapshot for Miami Beach, Florida

Miami Beach, Florida Rental Property Market Overview

Miami Beach, Florida is a vibrant coastal city located in Miami-Dade County. It is home to a population of 80,671 people as of 2021, according to the US Census. The city is known for its beautiful beaches, vibrant nightlife, and diverse culture. It is a popular destination for tourists and locals alike, offering a variety of activities and attractions. From its stunning beaches to its lively entertainment scene, Miami Beach has something for everyone.

The average rent for an apartment in Miami Beach is $4,145. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Miami Beach Florida | Cost of Living

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Miami Beach ZIP codes with the highest, most expensive rent

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Live near Miami Beach, Florida's Top Sights and Attractions

Lummus Park is a beautiful beachfront park located on the Atlantic Ocean in Miami Beach, Florida. The park features a wide variety of activities, including swimming, sunbathing, volleyball, and beachside picnics. There are also several playgrounds, a skate park, and a fishing pier. The park is also home to a variety of wildlife, including sea turtles, dolphins, and manatees. The park is a great place to relax and enjoy the beautiful views of the ocean.

21 St Street Recreation Center is a popular destination for locals and tourists alike. It is located on the beachfront and offers a variety of activities and amenities. Visitors can enjoy a wide range of sports, including basketball, volleyball, tennis, and soccer. There is also a playground, picnic area, and a swimming pool. The center also offers a variety of classes and programs, such as yoga, Zumba, and martial arts. The center is open year-round and is a great place to spend the day with family and friends.

South Point Park is a scenic waterfront park located on the southern tip of Miami Beach. It features a wide variety of amenities, including a fishing pier, a beach, a playground, a picnic area, and a boardwalk. Visitors can also enjoy stunning views of the Atlantic Ocean and the Miami skyline. The park is a popular spot for locals and tourists alike, offering a peaceful escape from the hustle and bustle of the city.

Flamingo Park is a lush green oasis located in the heart of a bustling beach town. It features a large lake, walking trails, and plenty of open space for picnicking and playing sports. The park is home to a variety of wildlife, including a flock of flamingos, which give the park its name. The park also has a playground, tennis courts, and a swimming pool. Visitors can also enjoy a variety of events and activities, such as outdoor concerts, festivals, and art shows.

Indian Beach Park is a beautiful beachfront park located on the eastern side of Miami Beach. It offers stunning views of the Atlantic Ocean and is a great spot for swimming, sunbathing, and picnicking. The park also features a playground, a boardwalk, and a variety of amenities such as restrooms, showers, and a concession stand. Visitors can also take advantage of the park's many activities, such as volleyball, basketball, and beach yoga. Indian Beach Park is a great place to spend a day in the sun and enjoy the beauty of Miami Beach.

Polo Park is a lush green oasis located in the heart of Miami Beach. It features a large lake, walking paths, and a variety of wildlife. The park is a popular spot for picnics, fishing, and bird watching. It also has a playground, tennis courts, and a golf course. Visitors can also take a boat tour of the lake or rent a paddle boat. The park is a great place to relax and enjoy the beauty of nature.

Strand Lummus Park is a beautiful beachfront park located on the Atlantic Ocean. It features a wide variety of amenities, including a large grassy area, a playground, a picnic area, and a boardwalk. The park also has a variety of beach activities, such as volleyball, swimming, and sunbathing. The park is also home to a variety of wildlife, including sea turtles, dolphins, and seabirds. The park is a great place to relax and enjoy the scenery, as well as take part in some of the activities available.

Virginia Key is a tropical paradise located on an island off the coast of Miami Beach. It is home to a variety of outdoor activities, including swimming, kayaking, fishing, and biking. Visitors can also explore the island's lush mangrove forests, sandy beaches, and historic sites. There are also plenty of restaurants and bars to enjoy, as well as a variety of wildlife to observe.

Seven South Beach is an iconic beachfront destination located in the heart of Miami Beach. It features a stunning outdoor pool deck with a large infinity pool, a private beach club, and a luxurious spa. Guests can enjoy a variety of activities such as beach volleyball, jet skiing, and parasailing. The area also offers a variety of restaurants, bars, and nightlife spots, making it a great place to relax and have fun.

North Shore and Youth Center is a popular destination for locals and tourists alike. It features a large beachfront park with a variety of activities, including a skate park, basketball courts, and a playground. The center also offers a variety of classes and programs for children and adults, such as art classes, music lessons, and sports clinics. Visitors can also enjoy a variety of food and drinks at the on-site cafe. The center is open year-round and is a great place to spend a day with family and friends.

Miami Beach, Florida area median rent change by ZIP code map

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How does Miami Beach compare to other cities in Florida?

citymedian price
Davie$2,825
Nokomis$2,815
Lakewood Park$2,645
Ponce Inlet$2,640
Gibsonton$2,230
Eagle Lake$1,900
Green Cove Springs$1,895
Atlantic Beach$1,699
Gainesville$1,529

Average household income in Miami Beach area graph - US Census

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The median household income in Miami Beach in 2021 was $59,162. This represents a 36.6% change from 2011 when the median was $43,321.

#categorypercent
0Less than $10,0009.0%
1$10,000 to $14,9995.2%
2$15,000 to $19,9995.1%
3$20,000 to $24,9994.4%
4$25,000 to $29,9994.5%
5$30,000 to $34,9995.3%
6$35,000 to $39,9994.0%
7$40,000 to $44,9994.3%
8$45,000 to $49,9993.1%
9$50,000 to $59,9996.1%
10$60,000 to $74,9998.9%
11$75,000 to $99,99910.0%
12$100,000 to $124,9997.7%
13$125,000 to $149,9994.2%
14$150,000 to $199,9996.6%
15$200,000 or more11.7%

Neighborhoods in Miami Beach

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Miami Beach is $4,145.
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