How much does it cost to rent in Cutler Bay, FL?

As of July 2026, the median monthly rent in Cutler Bay, FL is $2,749. This figure is based on aggregated data from public sources and community-submitted rents.

Is Cutler Bay cheaper than other Florida cities?

Cutler Bay is one of the pricier cities in Florida, ranking #46 out of 288 cities tracked at $2,749/mo.

When was Cutler Bay rent data last updated?

Cutler Bay rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · FL

Cutler Bay

Name: Average Rent Prices in Cutler Bay, FL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 45,070·46th most expensive in Florida·One of the pricier rental markets in the US

Median rent (all units)

$2,749/mo

Year-over-Year

-3.0%

Month-over-Month

+4.0%

vs US Median

+$784

Rising (Monthly)

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Most AffordableMost Expensive

Cutler Bay · $2,749

More expensive than 86% of US cities · National median $1,965/mo

Rent Reality Score

70/100

Good value

OverheatedFairGreat value

Rents are 10% below what Cutler Bay's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,749/mo

Expected by trend

$3,047/mo

The Rent Reality Score compares today's median rent to where Cutler Bay's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,660

1 BR

$1,840

2 BR

$2,260

3 BR

$2,920

4 BR+

$3,420

Research median

$2,260/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$32,988/yr

At $2,749/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (-3.0% YoY, +4.0% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Cutler Bay, FL is majority owner-occupied, 34% of residents hold a bachelor's degree or higher.

Population

45,070

Median income

$89,244

Median age

41.8

Renters

30.3%

Age distribution

22.4%

18.2%

29.7%

12.7%

16.9%

Under 1822.4%

18–3418.2%

35–5429.7%

55–6412.7%

65+16.9%

Gender

48.4%

51.6%

Male48.4%

Female51.6%

Race & ethnicity

34.9%

64%

White34.9%

Black9.4%

Hispanic64%

Asian1.6%

Education (25+)

12.2%

26.1%

27.8%

34%

No HS diploma12.2%

HS diploma26.1%

Some college27.8%

Bachelor's+34%

Housing tenure

69.7%

30.3%

Owner69.7%

Renter30.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Cutler Bay, FL has changed in 5 years

Rent

$1,956 → $2,749

up 40.5%

Income

$73,075 → $89,244

up 22.1%

Population

44,865 → 45,070

up 0.5%

Renter share

34.5% → 30.3%

-4.2 pts

Bachelor's+

31.6% → 34%

+2.4 pts

Median age

39.5 → 41.8

+2.3 yrs

The median rent in Cutler Bay, FL stood at $1,956 in 2021 and currently runs about $2,749, reflecting a 40.5% increase over the period. Census figures show median household income at $89,244 today, compared with $73,075 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 30.3% of households, compared with 34.5% five years ago. College-educated residents now make up 34% of adults here, versus 31.6% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Cutler Bay

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View Cutler Bay rent history (2015–2026) →

Salary vs rent

Can you afford rent in Cutler Bay on your salary?

At $2,749/mo, how Cutler Bay rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 37.5% income

stretched

Elementary School Teacher

Avg $62,384/yr · Rent = 52.9% income

severely rent-burdened

Police Officer

Avg $71,861/yr · Rent = 45.9% income

rent-burdened

Software Developer

Avg $128,442/yr · Rent = 25.7% income

affordable

Lawyer

Avg $164,117/yr · Rent = 20.1% income

affordable

Firefighter

Avg $58,413/yr · Rent = 56.5% income

severely rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 62.5% income

severely rent-burdened

Electrician

Avg $65,007/yr · Rent = 50.7% income

severely rent-burdened

By apartment size

Cutler Bay rent by bedroom count

Median rent for each apartment size in Cutler Bay. Click any size for full breakdown.

Local insights

Tips for renters in Cutler Bay

About renting in Cutler Bay, FL

Last updated: July 20, 2026

The median rent in Cutler Bay is $2,749/mo as of July 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $2,260/mo. One-bedroom apartments average $1,840/mo and 3-bedroom units go for $2,920/mo.

At 37% of local median household income ($89,244/yr), Cutler Bay ranks as moderate compared to the national benchmark of 30%. Rents have decreased 3.0% over the past year.

FAQ

Frequently asked questions

Is Cutler Bay an affordable city for renters?

Cutler Bay is considered moderate for renters. At $2,749/mo, rent takes approximately 37% of the local median household income ($89,244/yr). The standard benchmark is 30%. Cutler Bay slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Cutler Bay?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (~$53/hour full-time) to afford the median rent of $2,749/mo in Cutler Bay. The local median household income is $89,244/yr, meaning the typical Cutler Bay household falls short of that threshold.

Is rent going up or down in Cutler Bay?

Rent in Cutler Bay has decreased 3.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Cutler Bay neighborhoods have the lowest rent?

The most affordable ZIP codes in Cutler Bay are 33190 ($2,696/mo), and 33189 ($2,716/mo). Citywide, the median rent in Cutler Bay is $2,749/mo.

How does Cutler Bay rent compare to other cities in Florida?

Cutler Bay is one of the pricier cities in Florida for rent, ranking #46 out of 288 tracked cities at $2,749/mo.

Which nearby cities are cheaper to rent in than Cutler Bay?

Several nearby cities have lower median rents than Cutler Bay ($2,749/mo): Homestead ($2,444/mo), The Hammocks ($2,467/mo), The Crossings ($2,701/mo).

What percentage of Cutler Bay residents rent vs. own?

According to Census data, approximately 30.3% of Cutler Bay households are renters, while 69.7% are owner-occupied. Cutler Bay leans toward homeownership, which can mean a smaller rental inventory.

How does Cutler Bay rent compare to the national average?

Cutler Bay's median rent of $2,749/mo is $784 (40%) above the US national median of $1,965/mo. Within Florida, it ranks #46 out of 288 tracked cities.

Income Affordability

37%

MODERATE

At $2,749/mo, rent takes ~37% of Cutler Bay's median household income ($89,244/yr). The standard benchmark is 30%.

Cutler Bay 37%Benchmark 30%

State income taxNone

Run the Cutler Bay affordability calculator →

Nearby cities