Edwards Apartments
953 Collins Ave,
Miami Beach, FL 33139
$1,800 - $1,900
Studio - 1 Bed
South Beach
Miami Beach, FL
South Beach - Miami Beach, FL
Area Guide
Miami’s #1 tourist destination is an exciting place to live
Vibrant
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Tropical
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Artistic
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Cultured
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Coastal
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Diverse
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Scenic
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When the rest of the country thinks of Miami, they picture South Beach: colorful Art Deco buildings, bustling nightlife options, and a picture-worthy coastline. Although South Beach is an unabashed tourist destination, the neighborhood is also a desirable place to live for many locals seeking a rental in the heart of an energetic, beachfront community.
South Beach, sometimes shortened to SoBe, offers a wide variety of apartments and condos available for rent in a vibrant, tropical locale. Residents enjoy walkable access to the beautiful beach as well as an array of sidewalk cafes, chef-driven restaurants, various shops, and popular nightclubs and bars.
South Beach also boasts exceptional shopping options at Lincoln Road, in addition to numerous museums, parks, and markets. The neighborhood sits within easy commuting distance of major employers in Miami Beach’s City Center as well as Downtown Miami, Port of Miami, and Brickell.
Rent Trends
As of January 2026, the average apartment rent in South Beach is $1,620 for a studio, $2,413 for one bedroom, $3,832 for two bedrooms, and $7,718 for three bedrooms. Apartment rent in South Beach has decreased by -2.5% in the past year.
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Studio
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462 sq ft
Average Sq Ft
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$1,620/month
Average Rent
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1 BR
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650 sq ft
Average Sq Ft
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$2,413/month
Average Rent
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2 BR
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1,074 sq ft
Average Sq Ft
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$3,832/month
Average Rent
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3 BR
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1,910 sq ft
Average Sq Ft
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$7,718/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Jungle Island
- Miami Children's Museum
- Miami Science Museum - Closed
- Miami Seaquarium
- Virginia Key Beach and Park
Airports
- Miami International
- Fort Lauderdale/Hollywood International
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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 November 2025.