|Rent Price||May||vs Last Month|
|1 bed apartments||$2,365||-7.3%|
|2 bed apartments||$4,121||-13.1%|
|3 bed apartments||$6,550||+3.7%|
|4+ bed apartments||$16,200||+2%|
|Rent Type Price||May||vs Last Month|
Over the May 2020, the average rent for an apartment in/near Key Biscayne, FL decreased by 5.4% to $7,473. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 7.3% to $2,365. Pricing for 2-bed apartment also decreased by 13.1% and a place of this size will now cost you $4,121. 3-bed apartment rent pricing starts at $6,550, it increased by 3.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 2% and made it up to $16,200.
The median rent for an apartment in Key Biscayne, FL decreased by 21.5% to $3,600. Statistics show that house rent price increased by 5.4% this month making it up to $15,567. Condos faced an upward trend these days. The median rent for a condo decreased by 14.8%, it’s now available for $5,345. Townhouse rent pricing didn’t change, the price still starts at $6,900.