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Average Rent in Miami Beach, FL

Avg. RentAnnual Change
Miami Beach Studio - $1,795-9%
Miami Beach 1 Bed - $2,498-6%
Miami Beach 2 Beds - $4,034-15%
Last updated 6/12/2024

Local Guide

See what Miami Beach, FL has to offer.

Local Reviews

My neighborhood is for kids, pets and families or singles. Its safe and gay friendly. Its on the bay side which is calmer also.

I like the closeness to grocery stores. There are a lot of good restaurants in walking distance. There are a few parks nearby with good dog parks for my dogs to play at.

Walkable area. There are a lot of restaurants and shops. A place to visit with friends. A nice neinhood except for the security isdirs

Bars, because of all the cultural and historical attractions that are available to all residents and visitors alike with other activities like Broadway shows and museums visits with other activities like sports and restaurants that are world famous to enjoy the most popular destinations around town

Organize this public welfare activity to clean up garbage and reduce environmental pollution. On the one hand, stop littering, on the other hand, the state government encourages more volunteers to help clean up garbage

I like walking to the store with my wife and our friend we like going to walgreens or publix alot and other stores around.

Demographics

Education

High School

12%

Associate's

21%

Bachelor's

37%

Master's

27%

Doctorate

3%

Family Size

2 people

56%

3 people

18%

4 people

22%

5 people

3%

6+ people

0%

Household Income

0-50k

26%

50-100k

14%

100-150k

10%

150-200k

12%

200k+

38%

Age

0-10

13%

10-20

5%

20-45

30%

45-65

34%

65+

18%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/12/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Venetian Islands, Miami Beach, FL

In Miami Beach, FL, as of 2024, the average rent for apartments ranges from $1,795 to $4,034. Specifically, the average rent for a studio apartment in Venetian Islands, Miami Beach, FL is $1,795. For those seeking a 1-bedroom apartments, the average rent is $2,498. And for a 2-bedroom apartment, renters can expect to pay an average of $4,034.

Annual Rent Change Over the Past 12 Months

Studio

-9%

Changed from $1,973 to $1,795
1 Bed

-6%

Changed from $2,657 to $2,498
2 Beds

-15%

Changed from $4,746 to $4,034
Last updated 6/12/2024

Cost of Living

Compared to State Average

6.6%

Compared to National Average

3.9%

The cost of living in Venetian Islands, Miami Beach, FL is 6.6% higher than the state average and 3.9% higher than the national average. Venetian Islands, Miami Beach, FL housing is 15.2% more expensive than the U.S average, while utilities are about 0.7% more pricey. When it comes to basic necessities such as food and clothing, groceries are around 2.8% more in Venetian Islands, Miami Beach, FL than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 2.1% more here compared to the U.S. average.
Cost of Living in Venetian Islands, Miami Beach, FLCompared to State AverageCompared to National Average
Housing
13.6%
15.2%
Utilities
4.1%
0.7%
Food
3.3%
2.8%
Transportation
1.9%
1.4%
Healthcare
10%
2.1%

Compare Other Cities

CityStudio Avg RentAnnual Change
Coral Gables$2,976-3%
Miami$2,302-12%
Doral$2,120-7%
Boca Raton$2,092+5%
Fort Lauderdale$2,039-10%
Davie$2,009-7%
Plantation$1,905+14%
Pompano Beach$1,883-24%
Coconut Grove$1,800+3%
Miami Beach$1,795-9%
North Miami$1,650+2%
Hollywood$1,500-26%
Hialeah$1,400-11%
Deerfield Beach$1,3500%
Miramar$1,325--
Coral Springs$1,325--
Pembroke Pines$1,250--
City1 Bed Avg RentAnnual Change
Miami$2,792-5%
Coral Gables$2,750-20%
Doral$2,507-2%
Miami Beach$2,498-6%
Weston$2,373-13%
Plantation$2,369-2%
Boca Raton$2,356-2%
Miramar$2,328-2%
Pembroke Pines$2,280+1%
Delray Beach$2,210-2%
Coral Springs$2,201+5%
Coconut Grove$2,105--
Hollywood$2,091-21%
Fort Lauderdale$2,075-13%
Pompano Beach$2,000+6%
Hialeah$1,9810%
Davie$1,952-13%
Miami Gardens$1,950+15%
Deerfield Beach$1,750+6%
North Miami$1,700-6%
Margate$1,695-18%
Homestead$1,591+108%
City2 Beds Avg RentAnnual Change
Miami$3,474-9%
Coconut Grove$3,150--
Doral$3,110-1%
Boca Raton$2,992-5%
Fort Lauderdale$2,822-10%
Plantation$2,819+13%
Miramar$2,782-3%
Pembroke Pines$2,756-4%
Miami Gardens$2,751+4%
Weston$2,750-3%
Delray Beach$2,750-1%
North Miami$2,730+14%
Pompano Beach$2,600+9%
Coral Springs$2,544-3%
Hollywood$2,446-21%
Hialeah$2,402-4%
Margate$2,402-3%
Davie$2,300-17%
Homestead$2,0000%

Compare Neighborhoods

Isle of Normandy Ocean Side

$1,825

1 Bed Avg. Rent

Isle of Normandy

$1,850

1 Bed Avg. Rent

Isle of Normandy Miami View

$1,850

1 Bed Avg. Rent

What are the most affordable neighborhoods in Miami Beach, FL?

For renters in Miami Beach seeking more affordable options, the neighborhoods to watch are Isle of Normandy Ocean Side, Isle of Normandy, and Isle of Normandy Miami View, where average rents for 1-bedroom apartments stand at $1,825, $1,850, and $1,850 respectively. Additional areas offering value are Park View Island and North Beach, where the rents are $1,850 and $1,900, a favorable comparison to Miami Beach's overall 1-bedroom average of $2,498.

What are the most expensive neighborhoods in Miami Beach, FL?

In Miami Beach, the neighborhoods commanding the highest rents are Miami Beach City Center, West Avenue, and SoFi. A 1-bedroom apartment in Miami Beach City Center averages at $5,000, in West Avenue it averages $3,637, and in SoFi, the average is $3,500. For additional high-end living options, South Point offers 1-bedroom apartments at $3,500, and Ocean Front at $2,950. These rates compare to the overall average rent of $2,498 for a 1-bedroom apartment in Miami Beach, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Miami Beach, FL?

In Miami Beach, the most sought-after neighborhoods for renters include Venetian Islands, Isle of Normandy Miami View, and Isle of Normandy. In Venetian Islands, the average rent for a 1-bedroom apartment is $2,650. Isle of Normandy Miami View sees average rents of $1,850 for a 1-bedroom unit. Isle of Normandy offers similar appeal with 1-bedroom apartments averaging $1,850. For those seeking other popular areas, Normandy Shores presents 1-bedroom apartments at $1,900, and Isle of Normandy Ocean Side at $1,825. These prices are set against the backdrop of the city-wide average of $2,498 for a 1-bedroom apartment in Miami Beach, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Ocean Front$2,850+54%
Mid Beach$2,821+52%
Bayshore$2,821--
West Avenue$2,363+1%
SoFi$2,000--
South Point$2,000--
Isle of Normandy Ocean Side$1,900+3%
South Beach$1,898-5%
Garden$1,790--
North Beach$1,7500%
North Shore$1,750+3%
Park View Island$1,750--
Flamingo-Lummus$1,700-13%
Isle of Normandy$1,575-15%
Normandy Shores$1,575--
Isle of Normandy Miami View$1,495--
Neighborhood1 Bed Avg RentAnnual Change
West Avenue$3,637-2%
SoFi$3,500+19%
South Point$3,5000%
Ocean Front$2,950+5%
South Beach$2,700-20%
Venetian Islands$2,650+2%
Mid Beach$2,498+4%
Flamingo-Lummus$2,300-8%
Bayshore$2,232-3%
Lake View$2,200--
Nautilus$2,000-17%
Biscayne Beach$2,000+14%
Garden$2,000-9%
North Beach$1,900-5%
North Shore$1,900-10%
Normandy Shores$1,900--
Isle of Normandy$1,850-12%
Isle of Normandy Miami View$1,850-12%
Park View Island$1,850-1%
Isle of Normandy Ocean Side$1,825-9%
Neighborhood2 Beds Avg RentAnnual Change
South Beach$4,9880%
West Avenue$4,744+3%
Venetian Islands$4,700--
Belle Isle$4,700--
Ocean Front$4,100+4%
Mid Beach$3,995+1%
Garden$3,995+38%
Bayshore$3,900+16%
Nautilus$3,800-27%
Park View Island$3,200--
Flamingo-Lummus$3,125+3%
Normandy Shores$2,800-10%
Isle of Normandy$2,700-5%
Isle of Normandy Miami View$2,7000%
North Beach$2,600-13%
North Shore$2,550-7%
Biscayne Beach$2,290-3%
Isle of Normandy Ocean Side$2,175-24%

Transportation

Commute Time

0-15 Mins

15%

15-30 Mins

42%

30-40 Mins

17%

40-60 Mins

16%

60+ Mins

9%

Area Amenities

Top Score

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. Few grocery stores per resident
  2. An average number of grocery stores
  3. A standard number of grocery stores compared to areas of a similar size

Restaurants

2/5 stars based on undefined reviews

Venetian Islands Miami Beach serves up a dining scene that's only lukewarm.

  1. Few restaurants per resident
  2. Significantly fewer restaurants than average
  3. 40% more restaurants than areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Venetian Islands Miami Beach is running dry.

  1. A high number of bars and clubs per resident
  2. 66% more bars and clubs than average
  3. 80% more bars and clubs than areas of a similar size

Childcare

2/5 stars based on undefined reviews

Venetian Islands Miami Beach is low on childcare options so get on the waiting list early.

  1. Few daycares per resident
  2. An average number of daycares
  3. A standard number of daycares compared to areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Venetian Islands Miami Beach.

  1. Few shops per resident
  2. An average number of shops
  3. A standard number of shops compared to areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Pet Services

2/5 stars based on undefined reviews

Venetian Islands Miami Beach could do with more oppawtunities for pets.

  1. Few pet facilities per resident
  2. An average number of pet facilities
  3. A standard number of pet facilities compared to areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. Few fine art centers per resident
  2. An average number of fine art centers
  3. A standard number of fine art centers compared to areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Venetian Islands Miami Beach's access to medical care.

  1. A high number of medical facilities per resident
  2. 26% fewer medical facilities than average
  3. 73% more medical facilities than areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. Few gas stations per resident
  2. An average number of gas stations
  3. A standard number of gas stations compared to areas of a similar size

Area Features

Area Has Litter

No

Say 6 of 8 renters

Near Grocery Stores

Yes

Say 6 of 8 renters

Area Has Potholes

No

Say 6 of 8 renters

Nearby Parks

Yes

Say 5 of 8 renters

Busy Streets

Yes

Say 4 of 8 renters

Noise Late At Night

Yes

Say 4 of 8 renters

Near Schools

Yes

Say 4 of 8 renters

Nice Views

Yes

Say 4 of 8 renters

Pet Friendly

Yes

Say 4 of 8 renters

Good Place To Raise A Family

Yes

Say 4 of 8 renters

Safe For Families

Yes

Say 4 of 8 renters

Tree Lined Streets

Yes

Say 4 of 8 renters

Mostly Newer Buildings

No

Say 5 of 8 renters

Well Lit

No

Say 5 of 8 renters

Maintained Yards

No

Say 5 of 8 renters

Mostly Older Buildings

Yes

Say 6 of 8 renters

Near Downtown

No

Say 6 of 8 renters

Near Highways

No

Say 6 of 8 renters

Quiet Area

No

Say 6 of 8 renters

Area Has Kids Play Outside

No

Say 7 of 8 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Venetian Islands Miami Beach

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Miami, FL 1.6 miles$2,792$3,474
Miami Beach, FL 2.8 miles$2,498$4,034
Dade North, FL 2.3 miles------
Fort Lauderdale, FL 23 miles$2,075$2,822
Coral Gables, FL 7.5 miles$2,750$4,334
Hollywood, FL 15.3 miles$2,091$2,446
North Miami, FL 6.9 miles$1,700$2,730
Hialeah, FL 7.9 miles$1,981$2,402
Coconut Grove, FL 7.4 miles$2,105$3,150
Carl Fisher, FL 2.2 miles------

Find Houses in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Venetian Islands$2,650$4,700
Downtown 1.7 miles$3,108$3,775
Downtown 1.7 miles$3,108$3,775
Midtown Miami 1.5 miles$2,995$4,223
Overtown 1.8 miles$1,850$3,263
Wynwood 1.8 miles$2,957$3,851
Edgewater 1.1 miles$3,035$4,316
Palm Island 1.1 miles------
Miami Central Business District 1.4 miles$2,550$3,425
Culmer 1.8 miles$1,575---