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Average Rent in Miami, FL

Avg. RentAnnual Change
Miami Studio - $2,302-12%
Miami 1 Bed - $2,792-5%
Miami 2 Beds - $3,474-9%
Last updated 6/13/2024

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See what Miami, FL has to offer.

Demographics

Education

High School

51%

Associate's

27%

Bachelor's

13%

Master's

8%

Doctorate

1%

Family Size

2 people

76%

3 people

16%

4 people

3%

5 people

2%

6+ people

3%

Household Income

0-50k

62%

50-100k

25%

100-150k

9%

150-200k

1%

200k+

2%

Age

0-10

9%

10-20

8%

20-45

38%

45-65

31%

65+

15%

Affordability

Last updated 6/13/2024

*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 Shore Crest, Miami, FL

In Miami, FL, as of 2024, the average rent for apartments ranges from $2,302 to $3,474. Specifically, the average rent for a studio apartment in Shore Crest, Miami, FL is $2,302. For those seeking a 1-bedroom apartments, the average rent is $2,792. And for a 2-bedroom apartment, renters can expect to pay an average of $3,474.

Annual Rent Change Over the Past 12 Months

Studio

-12%

Changed from $2,616 to $2,302
1 Bed

-5%

Changed from $2,939 to $2,792
2 Beds

-9%

Changed from $3,818 to $3,474
Last updated 6/13/2024

Cost of Living

Compared to State Average

0%

Compared to National Average

2.5%

The cost of living in Shore Crest, Miami, FL is 0% higher than the state average and 2.5% lower than the national average. Shore Crest, Miami, FL housing is 5.2% more expensive than the U.S average, while utilities are about 6.2% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.6% less in Shore Crest, Miami, FL than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 7.2% less here compared to the U.S. average.
Cost of Living in Shore Crest, Miami, FLCompared to State AverageCompared to National Average
Housing
3.7%
5.2%
Utilities
3%
6.2%
Food
0.1%
0.6%
Transportation
0.4%
3.7%
Healthcare
0%
7.2%

Compare Other Cities

CityStudio Avg RentAnnual Change
Coral Gables$2,976-3%
Miami$2,302-12%
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%
Boynton Beach$1,550--
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%
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%
Boynton Beach$2,117+1%
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--
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%
Boynton Beach$2,577-2%
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

Liberty Square

$1,450

1 Bed Avg. Rent

Lake Charleston

$1,450

1 Bed Avg. Rent

Culmer

$1,575

1 Bed Avg. Rent

What are the most affordable neighborhoods in Miami, FL?

For renters in Miami seeking more affordable options, the neighborhoods to watch are Liberty Square, Lake Charleston, and Culmer, where average rents for 1-bedroom apartments stand at $1,450, $1,450, and $1,575 respectively. Additional areas offering value are Model City and Little River, where the rents are $1,700 and $1,700, a favorable comparison to Miami's overall 1-bedroom average of $2,792.

What are the most expensive neighborhoods in Miami, FL?

In Miami, the neighborhoods commanding the highest rents are Miami Financial District, Riverview, and Brickell. A 1-bedroom apartment in Miami Financial District averages at $4,069, in Riverview it averages $4,051, and in Brickell, the average is $3,550. For additional high-end living options, Riverfront offers 1-bedroom apartments at $3,300, and Bay Point at $3,200. These rates compare to the overall average rent of $2,792 for a 1-bedroom apartment in Miami, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Miami, FL?

In Miami, the most sought-after neighborhoods for renters include Morningside, Bay Point, and Buena Vista. In Morningside, the average rent for a 1-bedroom apartment is $1,850. Bay Point sees average rents of $3,200 for a 1-bedroom unit. Buena Vista offers similar appeal with 1-bedroom apartments averaging $1,750. For those seeking other popular areas, Pinewood Park presents 1-bedroom apartments at $1,800, and Santa Clara at $1,700. These prices are set against the backdrop of the city-wide average of $2,792 for a 1-bedroom apartment in Miami, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Southwest Coconut Grove$2,561+10%
Riverfront$2,550--
Downtown$2,549-7%
Brickell$2,529-3%
Miami Central Business District$2,500-9%
Brickell Village$2,409+4%
Spring Garden$2,408-5%
West Brickell$2,400-7%
Wynwood$2,382-12%
Midtown Miami$2,339-5%
Coral Way$2,325-13%
Golden Pines$2,325-12%
Miami Financial District$2,300--
Riverside$2,209-23%
Boca del Mar$2,151+5%
Edgewater$2,047-6%
Bay Point$2,000--
West Flagler$1,975--
Fountainebleau$1,972--
The Roads$1,849--
Northeast Coconut Grove$1,800+3%
Riverview$1,795-38%
Belle Meade$1,775-11%
MiMo District$1,775-11%
Shore Crest$1,650+27%
Upper Eastside$1,650+27%
Buena Vista$1,650-3%
Little Haiti$1,600--
Morningside$1,600--
Edison$1,600--
Overtown$1,600-37%
Silver Bluff$1,600--
Little River$1,500--
Allapattah$1,500--
Flagami$1,5000%
Culmer$1,500--
Shenandoah$1,450--
Little Havana$1,320-27%
Model City$1,250--
Neighborhood1 Bed Avg RentAnnual Change
Miami Financial District$4,069+5%
Riverview$4,051+5%
Brickell$3,550-4%
Riverfront$3,300+14%
Bay Point$3,200--
Downtown$3,112-2%
Brickell Village$3,100+13%
Edgewater$3,035+3%
Golden Pines$3,005-2%
Midtown Miami$2,995-3%
Wynwood$2,957-9%
West Brickell$2,850-3%
Spring Garden$2,775+1%
Bayside Historic District$2,750-8%
Coral Way$2,595-13%
Riverside$2,555-34%
Miami Central Business District$2,550+3%
Coral Gate$2,500--
Belle Meade$2,3750%
MiMo District$2,3750%
Fountainebleau$2,280+14%
Boca del Mar$2,185-2%
Flagami$2,100+20%
Sandalfoot Cove$2,024-10%
Northeast Coconut Grove$2,000-47%
Fontainebleau Park West$2,000--
Shenandoah$1,975+1%
Edison$1,950+22%
Little Haiti$1,900+4%
Allapattah$1,900+19%
The Roads$1,900--
West Flagler$1,875-1%
Morningside$1,850-3%
Overtown$1,850-12%
Southwest Coconut Grove$1,800-38%
Silver Bluff$1,800-10%
Pinewood Park$1,800--
Shore Crest$1,750-3%
Upper Eastside$1,750-7%
Buena Vista$1,7500%
Little Havana$1,750+3%
Model City$1,700+13%
Little River$1,700-7%
Santa Clara$1,7000%
Culmer$1,575+2%
Liberty Square$1,450--
Lake Charleston$1,450--
Neighborhood2 Beds Avg RentAnnual Change
Miami Financial District$5,262+2%
Riverfront$4,350--
Edgewater$4,316+16%
Midtown Miami$4,223+1%
Morningside$4,200-11%
Brickell$4,200-2%
Downtown$4,002-7%
West Brickell$3,876-1%
Wynwood$3,851-13%
Brickell Village$3,700+4%
Southwest Coconut Grove$3,497-2%
Golden Pines$3,477-4%
Miami Central Business District$3,425-12%
Overtown$3,263-2%
Spring Garden$3,263-2%
Coral Way$3,235-8%
Riverside$3,200+39%
Riverview$2,894+142%
Boca del Mar$2,794+1%
Belle Meade$2,775+39%
MiMo District$2,775+39%
The Roads$2,700+8%
Flagami$2,700+4%
Sandalfoot Cove$2,624-5%
Little Havana$2,600-7%
Fountainebleau$2,600+2%
Pinewood Park$2,600--
Upper Eastside$2,5000%
West Flagler$2,500+14%
Silver Bluff$2,450--
Shore Crest$2,400--
Coral Gate$2,400--
Buena Vista$2,300+18%
Shenandoah$2,300+10%
Fontainebleau Park West$2,300--
Little Haiti$2,2500%
Edison$2,250--
Model City$2,1000%
Little River$2,100+8%
Allapattah$2,100--
Santa Clara$2,100--

Transportation

Commute Time

0-15 Mins

7%

15-30 Mins

39%

30-40 Mins

29%

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

Shore Crest Miami serves up a dining scene that's only lukewarm.

  1. Few restaurants per resident
  2. 48% more restaurants than average
  3. 20% more restaurants than areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in Shore Crest Miami.

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

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Shore Crest Miami is running dry.

  1. Few bars and clubs per resident
  2. 66% more bars and clubs than average
  3. 27% fewer bars and clubs than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in Shore Crest Miami.

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

Childcare

2/5 stars based on undefined reviews

Shore Crest Miami 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 Shore Crest Miami.

  1. Few shops per resident
  2. 70% more shops than average
  3. 53% more shops than 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. A high number of gyms per resident
  2. 83% more gyms than average
  3. 47% more gyms than areas of a similar size

Pet Services

2/5 stars based on undefined reviews

Shore Crest Miami could do with more oppawtunities for pets.

  1. A high number of pet facilities per resident
  2. 68% more pet facilities than average
  3. 20% more pet facilities than areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? Shore Crest Miami has a quiet theater scene.

  1. Few theaters per resident
  2. An average number of theaters
  3. A standard number of theaters 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

Amusement Parks

2/5 stars based on undefined reviews

In need of a lift: Shore Crest Miami is light on amusement parks.

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

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Shore Crest Miami's access to medical care.

  1. A high number of medical facilities per resident
  2. 37% more medical facilities than average
  3. 30% 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

Schools

Top Schools in Shore Crest Miami

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 5.4 miles$2,792$3,474
Miami Beach, FL 5.2 miles$2,498$4,034
Fort Lauderdale, FL 18.8 miles$2,075$2,822
North Miami, FL 2.7 miles$1,700$2,730
Dade North, FL 2.7 miles------
Miami Shores, FL 1.1 miles$1,750$2,650
Hollywood, FL 11.2 miles$2,091$2,446
Miramar, FL 9.5 miles$2,328$2,782
Hialeah, FL 6.1 miles$1,981$2,402
Coral Gables, FL 10.6 miles$2,750$4,334

Find Houses in Nearby Neighborhoods