Background Image

North Bay Village, FL

Area Guide

Avg Rent

$2,351

Population

8,542

Renter Mix

62% Rent

One of the most unique locations in South Florida is also one of the most convenient.

Beach Island Coastal

Sitting on three small islands in Biscayne Bay, North Bay Village occupies one of the most distinctive spots in all of South Florida—tucked between Miami and Miami Beach, with water views in nearly every direction. The 79th Street Causeway connects the islands to the mainland, putting downtown Miami and the Atlantic shore within minutes. Despite that prime location, the neighborhoods here feel genuinely settled and self-contained, with grocery stores, local restaurants, and even a Japanese market and deli giving residents everything they need close to home. Boating, fishing, and some of the best waterfront scenery in the region are simply part of everyday life.

The rental landscape on the islands leans toward mid-rise and high-rise apartment communities, many featuring sweeping bay views and resort-style amenities that make sense given the waterfront setting. Renters can also find low-rise buildings and smaller boutique properties scattered throughout. With Miami Beach just across the water and the heart of Miami easily reachable, North Bay Village delivers an island lifestyle without the isolation—a rare combination anywhere in South Florida.

Demographics

Median Household Income

$67,384

Average: $88,537

Education

3,747

Residents Have a Degree

Job Market

5,633

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

43 Years

Largest Age Group

35-44 Years

Approximately 19% of Residents

Under 20

18%

Over 65

15%

Housing Distribution

North Bay Village has more renters than homeowners.

Renters
62%
Non-Renters
38%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
37%
Other Education
63%

Rent Trends

As of May 2026, the average apartment rent in North Bay Village, FL is $2,321 for a studio, $2,351 for one bedroom, $3,236 for two bedrooms, and $3,956 for three bedrooms. Apartment rent in North Bay Village has increased by 4.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,351/month
798 Sq Ft
House
$28,677/month
3,606 Sq Ft
Condo
$3,644/month
1,150 Sq Ft
See Rental Market Trends in North Bay Village, FL

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Treasure Island Elementary School

Public

Grades PK-5

356 Students

Points of Interest

Parks and Recreation

  • Arch Creek Park & Nature Center
  • Enchanted Forest Elaine Gordon Park
  • Miami Children's Museum
  • Jungle Island
  • Oleta River State Park

Airports

  • Miami International
  • Fort Lauderdale/Hollywood International

Top Apartments in North Bay Village

Houses for Rent in North Bay Village

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.