Rental market snapshot for Wynwood - Edgewater, Miami
Wynwood - Edgewater rental market summary
The rental market in Wynwood - Edgewater, Florida is showing signs of stability. In July 2023, there were 1,121 new listings, indicating that the market is still active and growing. The median rent for the month of July 2023 was $3,900, which is only a slight decrease from the median rent in June 2023 of $3,899. This suggests that the rental market is relatively stable, with only a small decrease in rent over the past month.
When comparing the median rent in July 2023 to the median rent in July 2022, there has been a 2.5% increase. This indicates that the rental market in Wynwood - Edgewater, Florida is slowly but steadily increasing in value. This is a positive sign for renters in the area, as it suggests that the market is becoming more competitive and that rental prices are likely to continue to rise in the future.
Median rent for all residential properties in Wynwood - Edgewater
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The most expensive listings and top trending buildings in Wynwood - Edgewater
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2900 NE 7th Ave | $18,000 | 3 / 3.0 |
| 2020 N Bayshore Dr | $15,000 | 3 / 3.5 |
| 650 NE 32nd St | $15,000 | 4 / 4.5 |
| 2900 NE 7th Ave | $14,750 | 3 / 3.5 |
| 480 NE 31st St | $13,700 | 4 / 4.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| AIMCO | $3,293 |
| ZRS Management LLC* | $3,253 |
| AMLI Residential | $3,200 |
| American Realty Advisors | $3,170 |
| RPM Living | $3,142 |
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Bedroom Breakdown in Wynwood - Edgewater
Wynwood - Edgewater neighborhood apartments rents
The rental market for studios in Wynwood - Edgewater, Florida is showing signs of stability. In July 2023, there were 21 new studio listings, with a median rent of $2,600. This is a slight decrease of 2.2% from the median rent of $2,659 in June 2023. This suggests that the rental market for studios in Wynwood - Edgewater is relatively stable, with only a small decrease in rent from month to month.
The rental market for 1-bedroom apartments in Wynwood - Edgewater, Florida is showing signs of growth. In July 2023, there were 45 new 1-bedroom listings, a 2.6% increase in median rent from June 2023 to July 2023, and a median rent of $3,180. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Wynwood - Edgewater, Florida, is relatively stable. In July 2023, there were 39 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $3,995, only a .1% increase from the median rent in June 2023. This indicates that the rental market in Wynwood - Edgewater is not experiencing any significant changes in terms of rent prices.