City Report · FL

North Miami Beach

Pop. 43,898·59th most expensive in Florida·North Miami Beach rents are up 12.7% over the past year
Median rent (all units)
$2,567/mo
Year-over-Year
+12.7%
Month-over-Month
-1.4%
vs US Median
+$602
Falling (Monthly)
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Most AffordableMost Expensive
North Miami Beach · $2,567
More expensive than 81% of US cities · National median $1,965/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what North Miami Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,567/mo
Expected by trend
$2,738/mo
The Rent Reality Score compares today's median rent to where North Miami Beach's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$2,050
2 BR
$2,520
3 BR
$3,265
4 BR+
$3,845
Research median
$2,520/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$30,804/yr
At $2,567/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.7% YoY, -1.4% MoM), not inventory.
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Demographics

Who lives here

North Miami Beach, FL is roughly split between renters and owners, has a median income below the national average, 28.7% of residents hold a bachelor's degree or higher.

Population
43,898
Median income
$63,280
Median age
39.1
Renters
47.8%
Age distribution
21.9%
23%
26.4%
16.9%
Under 1821.9%
18–3423%
35–5426.4%
55–6411.8%
65+16.9%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
20.9%
40.4%
40%
White20.9%
Black40.4%
Hispanic40%
Asian2.9%
Education (25+)
16.8%
30.5%
23.9%
28.7%
No HS diploma16.8%
HS diploma30.5%
Some college23.9%
Bachelor's+28.7%
Housing tenure
52.2%
47.8%
Owner52.2%
Renter47.8%

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

2021 vs 2026

How North Miami Beach, FL has changed in 5 years

Rent
$1,736 → $2,567
up 47.9%
Income
$52,223 → $63,280
up 21.2%
Population
43,357 → 43,898
up 1.2%
Renter share
46.4% → 47.8%
+1.4 pts
Bachelor's+
26.4% → 28.7%
+2.3 pts

The median rent in North Miami Beach, FL stood at $1,736 in 2021 and currently runs about $2,567, reflecting a 47.9% increase over the period. On the earnings side, the typical household in North Miami Beach, FL now reports about $63,280, up from $52,223 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.2% since 2021, moving from about 43,357 residents to roughly 43,898. College-educated residents now make up 28.7% of adults here, versus 26.4% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and North Miami Beach, FL reflects that arc in its own way.

Community

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View North Miami Beach rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Miami Beach on your salary?

At $2,567/mo, how North Miami Beach rent compares to typical pay (30% rule).

By apartment size

North Miami Beach rent by bedroom count

Median rent for each apartment size in North Miami Beach. Click any size for full breakdown.

Local insights

Tips for renters in North Miami Beach

About renting in North Miami Beach, FL

Last updated: July 20, 2026

The median rent in North Miami Beach is $2,567/mo as of July 2026. A studio apartment averages $1,840/mo while a 2-bedroom runs $2,520/mo. One-bedroom apartments average $2,050/mo and 3-bedroom units go for $3,265/mo.

At 49% of local median household income ($63,280/yr), North Miami Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.7% over the past year.

FAQ

Frequently asked questions

Is North Miami Beach an affordable city for renters?

North Miami Beach is considered stretched for renters. At $2,567/mo, rent takes approximately 49% of the local median household income ($63,280/yr). The standard benchmark is 30%. North Miami Beach significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in North Miami Beach?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,567/mo in North Miami Beach. The local median household income is $63,280/yr, meaning the typical North Miami Beach household falls short of that threshold.

Is rent going up or down in North Miami Beach?

Rent in North Miami Beach has increased 12.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which North Miami Beach neighborhoods have the lowest rent?

The most affordable ZIP codes in North Miami Beach are 33162 ($2,302/mo), and 33160 ($3,212/mo). Citywide, the median rent in North Miami Beach is $2,567/mo.

How does North Miami Beach rent compare to other cities in Florida?

North Miami Beach is one of the pricier cities in Florida for rent, ranking #59 out of 288 tracked cities at $2,567/mo.

Which nearby cities are cheaper to rent in than North Miami Beach?

Several nearby cities have lower median rents than North Miami Beach ($2,567/mo): North Miami ($2,330/mo), Ives Estates ($2,399/mo), Ojus ($2,512/mo).

What percentage of North Miami Beach residents rent vs. own?

According to Census data, approximately 47.8% of North Miami Beach households are renters, while 52.2% are owner-occupied. North Miami Beach leans toward homeownership, which can mean a smaller rental inventory.

How does North Miami Beach rent compare to the national average?

North Miami Beach's median rent of $2,567/mo is $602 (31%) above the US national median of $1,965/mo. Within Florida, it ranks #59 out of 288 tracked cities.
Income Affordability
49%
STRETCHED

At $2,567/mo, rent takes ~49% of North Miami Beach's median household income ($63,280/yr). The standard benchmark is 30%.

North Miami Beach 49%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in North Miami Beach
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near North Miami Beach, FL

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