Apartment Rent in South Beach
Miami, Florida · FL
Avg 1BR Rent $2,400 /month
Rent by Bedroom Count
Studio $1,800/mo ~431 sq ft $4.18/sq ft
1 Bedroom $2,400/mo ~598 sq ft $4.01/sq ft
2 Bedrooms $3,325/mo ~867 sq ft $3.84/sq ft
3 Bedrooms $4,625/mo ~1106 sq ft $4.18/sq ft
Market Metrics
Year-over-Year Change +0.9% Stable market
Vacancy Rate 4.9% Moderate availability
Walk Score 97/100 Walker's Paradise
Transit Score 33/100 Some Transit
What to Budget
At $2,400/mo for a 1-bedroom in South Beach, you should budget at least $7,200/mo in gross income (the standard 30% rule). For a studio at $1,800/mo, you'd need roughly $5,400/mo.
Studio income needed $5,400/mo
1BR income needed $7,200/mo
2BR income needed $9,975/mo
Moving to South Beach?
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