|Rent Price||Jul||vs Last Month|
|1 bed apartments||$2,040||-3.1%|
|2 bed apartments||$4,047||+3.6%|
|3 bed apartments||$11,160||+4.9%|
|4+ bed apartments||$2,931||-23.6%|
Over the Jul 2020, the average rent for an apartment in/near South Beach, Miami Beach, FL decreased by 6.1% to $3,170.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 3.1% to $2,040. Pricing for 2-bed apartment also increased by 3.6% and a place of this size will now cost you $4,047. 3-bed apartment rent pricing starts at $11,160, it increased by 4.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 23.6% and made it down to $2,931.
|Rent Type Price||Jul||vs Last Month|
The median rent for an apartment in South Beach, Miami Beach, FL increased by 2.5% to $2,422. Statistics show that house rent price increased by 3.6% this month making it up to $3,001. Condos faced an upward trend these days. The median rent for a condo decreased by 12.6%, it’s now available for $3,440. The median rent for a loft faced changes as well, it decreased by 6.1%, the price tag now starts at$3,181. An average room will now go for $1,078, the median rent price for a room decreased by 2.8%. The median rent for a townhouse decreased by 25.6%, you’ll have to spend around $2,847 to get one.