Miami Beach, FL has a population of 92,187, while the median age is 42. The household income in Miami Beach, FL is around $50,193. The homeownership rate among the residents is 37%. The median residential property value in Miami Beach, FL that you should keep in mind is $416,700.
Population | 92,187 |
Median Age | 42.1 |
Poverty Rate | 17% |
Household Income | $50,193 |
Number Of Employees | 52,787 |
Median Property Value | $416,700 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $5,416 | -3.6% |
1-bed apartments | $4,836 | -44.9% |
2-bed apartments | $8,200 | -46.7% |
3-bed apartments | $18,140 | -43% |
4+ bed apartments | $26,811 | -42.4% |
Over the May 2023, the average rent for an apartment in/near Miami Beach, FL decreased by 44.3% to $8,622.
Compared to the last month, the average price for a rental studio in Miami Beach, FL has decreased by 3.6%. You can expect to rent the studio for $5,416 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 44.9% to $4,836. Pricing for 2-bed apartment also decreased by 46.7% and a place of this size will now cost you $8,200. 3-bed apartment rent pricing starts at $18,140, it decreased by 43% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 42.4% and made it down to $26,811.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $12,213 | -40% |
Condos for rent | $7,277 | -46.7% |
Apartments for rent | $8,379 | -29.7% |
Townhouses for rent | $6,000 | -39.9% |
Rooms for rent | $1,626 | +15.1% |
The median rent for an apartment in Miami Beach, FL decreased by 29.7% to $8,379. Statistics show that house rent price decreased by 40% this month making it up to $12,213. Condos faced an upward trend these days. The median rent for a condo decreased by 46.7%, it’s now available for $7,277. An average room will now go for $1,626, the median rent price for a room increased by 15.1%. The median rent for a townhouse decreased by 39.9%, you’ll have to spend around $6,000 to get one.