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.
1,280 Miami Beach apartments for rent
Miami Beach
Miami Beach, FL has a population of 91,784, including 54% latino, 39% white, and 3% black.
| Population | 91,784 |
| Median Age | 41.5 |
| Poverty Rate | 17% |
| Median Income (Household) | $47,216 |
| Number Of Employees | 50,128 |
| Median Property Value | $398,600 |
City Overview
The median household income in Miami Beach, FL is around $47,216, while the median age is 41.5. This city is a home to major universities: Miami Ad School-Miami Beach, Beauty Schools of America, and Special Focus Institutions. 50,128 employees work in Miami Beach, FL. The homeownership rate among the residents is 37.17%. The median property value that you should keep in mind is $398,600.
Business & Economy
Wage by Common Jobs
Average salary: $33,773
- 1. Elementary & middle school teachers$44,063
- 2. Retail salespersons$38,589
- 3. Secretaries & administrative assistants$35,172
- 4. Nursing, psychiatric, & home health aides$27,663
- 5. Cashiers$23,379
Employment by Occupations
Numbers claim that the employment rate in Miami Beach, FL changed by 0%, so let’s see what are the most common job groups in this area. People of Miami Beach, FL prefer to work in Sales, Management and Food & Serving.
Employment by Industries
Keeping in mind that the employment rate changed by 0% recently, there must be a strong understanding of industries people of Miami Beach, FL work in. The most common industries are Accommodation & Food Service, Professional, Scientific, Tech Services and Healthcare & Social Assistance. Please note that not all the residents of Miami Beach, FL work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Miami Beach, FL is a home for 54% latino residents. The second common group is white with 39% residents. The list of the most common racial or ethnic groups is closed by black with 3% residents.
Non-English Speakers
Education
Past year Miami Beach, FL universities awarded around 244 degrees. Statistics show that the population of students in Miami Beach, FL include 75 male students and 147 female students. Miami Beach, FL offers private and public tuition with a median cost of $13,000 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Miami Ad School-Miami Beach with the majority of graduates. The Beauty Schools of America and Talmudic College of Florida hold the second and the third place respectively. The share of the public colleges in Miami Beach, FL is n/a% and 100% go to the private colleges.
Universities
- 1. Miami Ad School-Miami Beach108 graduates
- 2. Beauty Schools of America96 graduates
- 3. Talmudic College of Florida11 graduates
Public vs Private
- Public100%
- Private0%
Health and Safety
The age groups that most likely have the health care coverage in Miami Beach, FL are 6-17 years old for men and 6-17 years old for women. Miami Beach, FL offers a 81 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 60 to 1, speaking of mental health doctors ratio, it’s 135 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 81 |
| Dentists | 1 to 60 |
| Mental Health | 1 to 135 |
| Other | 1 to 71 |
Transportation
Commute Time
Average travel time: 23.83 minutes
- USA
- Miami Beach, FL
Commuter Transportation
The workers of Miami Beach, FL traveled to their offices around 23.83 minutes lately and drove alone to get there. The rest of the residents walked and used public transit.
- USA
- Miami Beach, FL
Housing Trends
Miami Beach, FL, USA Housing Trends
Average rent in Miami Beach: $4,155 (+12.7%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $2,276 | +3.5% |
| 2 bed rentals | $4,448 | +14.7% |
| 3 bed rentals | $9,185 | +11.8% |
| 4+ bed rentals | $6,237 | +24.7% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Condo rentals | $4,133 | +15.4% |
| Apartment rentals | $2,595 | -3.8% |
| House rentals | $11,910 | +18% |
| Room rentals | $1,059 | +0.5% |
| Loft rentals | $6,700 | +5.9% |
| Townhouse rentals | $4,614 | +1.2% |
| Duplex rentals | $1,581 | -3.1% |
Over the Mar 2020, the average rent for an apartment in/near Miami Beach, FL increased by 12.7% to $4155. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 3.5% to $2276. Pricing for 2-bed apartment also increased by 14.7% and a place of this size will now cost you $4448. 3-bed apartment rent pricing starts at $9185, it increased by 11.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 24.7% and made it up to $6237.
The median rent for an apartment in Miami Beach, FL decreased by 3.8% to $2595. Statistics show that house rent price increased by 18% this month making it up to $11910. Condos faced an upward trend these days. The median rent for a condo increased by 15.4%, it’s now available for $4133. You can now rent a duplex for $1581, duplex rent price decreased by 3.1% this month. The median rent for a loft faced changes as well, it increased by 5.6%, the price tag now starts at $6326. An average room will now go for $1054, the median rent price for a room increased by 0.5%.
Rent vs Own
- Rent37%
- Own63%
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