Property prices for rent in Miami Beach (Florida)

The rent prices in real estate in Miami Beach, in the Florida region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$4,372.5
Average price last 6 months
$17.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Miami Beach has risen strongly during the last 6 months. In January, the average price per sq.feet was $4.08. In the following month the price per sq.feet rose considerably to $8.78. The price for the following two months in (March, April) had a considerable rise of 442 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $17.43 to $17.14 during May y June

Average price

When referring to the price in Miami Beach (cities), this has risen considerably in the last 6 months. In our first sample month during January, the average price is $2,429. In February This price remains at $2,521. During the following two months (March, April) the average price had a considerable rise of 185 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 173 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $6,786 they are 64 % more affordable than the average price for Miami Beach . The properties with the highest average price have 4 bedrooms, Their price is 211 % more expensive than the average. After that we have properties with 3 bedrooms priced at $16,017.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3.39 / sq.feet, with an average $20.34 / sq.feet price in Miami Beach. The properties with the most affordable average prices have 3 bedrooms. They are 64 % more affordable than the average followed by properties with 4 bedrooms with a price at $6.73 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $6,786 it is 57 % more affordable than the average price in Miami Beach. "Triplex" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Townhouse". At a price of $17,619 it is 274 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Triplex" at an average price of $2.86 / sq.feet followed by "Condo" priced at $3.13 / sq.feet. "Villa" is the most expensive type of property with a $84.19 / sq.feet value followed by "Townhouse" with an average price of $67.67 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Miami Beach
Number of properties used in region Florida
$6,786
$20.34
28,884
639,560
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value