City Report · FL

North Miami Beach

Pop. 43,898·89th most expensive in Florida·Rental market data updated monthly for North Miami Beach, FL
Median rent (all units)
$2,425/mo
Year-over-Year
+1.0%
Month-over-Month
Stable
vs US Median
+$493
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
North Miami Beach · $2,425
More expensive than 77% of US cities · National median $1,932/mo
Rent Reality Score
77/100
Good value
OverheatedFairGreat value

Rents are 14% below what North Miami Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,425/mo
Expected by trend
$2,804/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
Fair Market Rent (HUD)
$2,520/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,425 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

June. Asking rents in North Miami Beach usually run 0.5% below trend in June and 0.7% above it in September, about $29 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in North Miami Beach is 0.7% below its high of $2,442 in January 2025, at $2,425 as of September 2026.

Past year vs. the rest of Florida

Rent in North Miami Beach changed +1.0% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in North Miami Beach rose 53.5% while median household income rose 44.5% ($43,788 to $63,280). Rent outpaced income.

Since before the pandemic

Rent in North Miami Beach is 52.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($63,280) is $1,582 a month. That is less than HUD's Fair Market Rent for a studio ($1,840).

Cheaper nearby

North Miami, 3 miles away, rents for 12% less ($2,133/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for North Miami Beach. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$29,100/yr
At $2,425/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.0% YoY, -0.1% 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
$1,762 → $2,425
up 37.6%
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 $1,762 in 2021 and currently runs about $2,425, reflecting a 37.6% 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 $2,425/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: October 17, 2026

The median rent in North Miami Beach is $2,425/mo as of October 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 46% of local median household income ($63,280/yr), North Miami Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

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 $97,000/year (about $47/hour full-time) to afford the median rent of $2,425/mo in North Miami Beach. The local median household income is $63,280/yr, so the typical household falls short of that bar.

Is rent going up or down in North Miami Beach?

Rent in North Miami Beach has risen 1.0% over the past year as of September 2026. It sits 0.7% below its high of $2,442 in January 2025.

When is the cheapest time to rent in North Miami Beach?

Asking rents in North Miami Beach are usually lowest in June, about 0.5% below their yearly trend, and highest in September, about 0.7% above it. At today's median that is a gap of roughly $29 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in North Miami Beach?

Yes. From 2019 to 2024, rent in North Miami Beach rose 53.5% while median household income rose 44.5%, from $43,788 to $63,280. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which North Miami Beach neighborhoods have the lowest rent?

The most affordable ZIP codes in North Miami Beach are 33162 ($2,166/mo), and 33160 ($2,926/mo). Citywide, the median rent is $2,425/mo.

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

North Miami Beach is one of the pricier among Florida cities for rent, ranking #89 of 289 tracked cities at $2,425/mo. Over the year to September 2026, rent in North Miami Beach changed +1.0%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

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

Nearby cities with lower median rent than North Miami Beach ($2,425/mo) include North Miami ($2,133/mo).
Income Affordability
46%
STRETCHED

At $2,425/mo, rent takes ~46% of North Miami Beach's median household income ($63,280/yr). The standard benchmark is 30%.

North Miami Beach 46%Benchmark 30%
State income taxNone
Run the North Miami Beach affordability calculator →
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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