Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
233 Edgewater apartments for rent
Edgewater
If you like art and modern style, Edgewater is for you. Both Downtown Miami and Adrienne Arsht Center for the Performing Arts are close by, and the popularity of the apartments in this neighborhood grows fast. Don’t lose your chance to stew in the cultural melting pot of Edgewater, find a place for rent now before the competition becomes too high!
Overview
While all tourists get stuck in Downtown and Little Havana, Edgewater, Florida stays the clandestine jewel hidden from the eyes of the dilettante public. No-nonsense Downtown Miamians flee here from the bustle of urban life with its luxurious condos and designer lofts to take a sip of the best refreshing mojito in town and pamper their sybaritic selves with the life’s simple pleasures. Exquisite Latin American cuisine mingles here with fast-food, one-story houses grow into high-rises closer to the waterfront. Edgewater, Miami offers you its urban atmosphere peppered with chamber charisma of historic mansions and cutting-edge artistic drifts borrowed from adjacent Designer District and Wynwood. While your pet is lawn frolicking, entertain yourself with the lifestyle of fit and health in parks by the Biscayne Bay. A dawdling walk along the shore, carefree afternoon in one of the many Cubin mélange spots, a haircut in the exclusive designer salon – Edgewater rediscovers itself as a paradise for taking a break from the busy working schedule.
Business & Economy
Recent population growth attracted more retail to Edgewater, Florida. Today, there are lots of dry cleaners and drugstores, small shops to fit your daily needs, a couple of banks, and a number of automobile distributors from BMW to Hyundai. The biggest employers are Best Buy, Staples, and, surely, two of Hilton’s hotels, not to mention the refining real estate in the area. Still, the majority of residents work Downtown – fortunately, Miami’s business center is within walking distance from Edgewater.
Demographics
Edgewater, Miami is a young and hip neighborhood, susceptible to the sways of artistic bohemia from inland. Average age got stuck in the early thirties, average incomes tip over national regular. The white population naturally wins over any other group, but look: the majority of residents is of Hispanic origin, causing total infatuation with Cuban rhythms and Latin American stylistics. The community is stylish and robust, inherently interested in an exploration of the possibilities of a healthy routine.
Entertainment
Located on the shore of the Biscayne Bay, Edgewater justifies its name with the many recreational parks and public open spaces. Still, it doesn’t lose the best of its inland influences. The Bacardi Building, a typical representative of MiMo, and the Miami New Times Headquarters show off the imaginative Miami architecture. Midtown Mall is the spot for shopping, Biscayne Boulevard – the foodies’ paradise offering you plain food, luscious pastry, and rich aroma of Cubin and Peruvian cuisine. Walking down the streets, pay attention: imaginative street-art in Edgewater, Miami might just happen on your right when you turn the corner, or across the street, hiding between the colorful crowds.
Housing Trends
Edgewater, Miami, FL, USA Housing Trends
Average rent in Edgewater: $2,610 (+4.9%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,653 | +5.1% |
| 2 bed rentals | $2,463 | +3% |
| 3 bed rentals | $2,917 | +4% |
| 4+ bed rentals | $3,861 | +7.4% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Condo rentals | $3,102 | +3.1% |
| Apartment rentals | $1,911 | +3.2% |
| House rentals | $3,130 | +5.2% |
| Townhouse rentals | $2,428 | +1% |
| Duplex rentals | $1,394 | -1% |
| Room rentals | $812 | +3.9% |
| Loft rentals | $3,090 | +2.3% |
Over the Mar 2020, the average rent for an apartment in/near Edgewater, Miami, FL increased by 4.9% to $2610. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 5.1% to $1653. Pricing for 2-bed apartment also increased by 3% and a place of this size will now cost you $2463. 3-bed apartment rent pricing starts at $2917, it increased by 4% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 7.4% and made it up to $3861.
The median rent for an apartment in Edgewater, Miami, FL increased by 3.2% to $1911. Statistics show that house rent price increased by 5.2% this month making it up to $3130. Condos faced an upward trend these days. The median rent for a condo increased by 3.1%, it’s now available for $3102. You can now rent a duplex for $1394, duplex rent price decreased by 1% this month. The median rent for a loft faced changes as well, it increased by 2.3%, the price tag now starts at $3090. An average room will now go for $782, the median rent price for a room increased by 3.7%.
Finding Apartments in Edgewater for Rent
Major artistic landmarks of Miami are just a stone’s throw away: creative Design District to the North, busy Downtown Miami to the south, and inspired Wynwood inland. Urbanization and gentrification turned the strip of apartments for rent in Edgewater along the Biscayne Bay into a desirable destination for young professionals working downtown. Conversely, the family pull are the houses for rent in Edgewater, Miami; these oftentimes come with their own history dating back to the beginning of the 20th century. The area is habitually residential: high-rise and mid-rise condo complexes face waterfront; the one-story homes instead hide in the shadows of the tree-lined streets further from the shore. Rooms for rent are chaperoned with local delightful charm, maniacally perfect mojitos, and the feeling of belonging to the enclave of true Miamians.
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