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Rental Market Trends in Bay Harbor Islands, FL

What is the average rent in Bay Harbor Islands, FL?

$1,754/month

Average Rent

772 Sq Ft

Average Apartment Size

-1.4%

Decrease in the Last Year

Bay Harbor Islands, FL Rental Market Overview

The average rent in Bay Harbor Islands, FL is $1,754 per month. For comparison, the national average rent price in the US is currently $1,662/month, which means Bay Harbor Islands rent prices are 6% higher than the national average.

  • Studio apartments in Bay Harbor Islands average $1,424 per month.
  • One-bedroom apartments in Bay Harbor Islands average $1,754 per month.
  • Two-bedroom apartments in Bay Harbor Islands average $4,101 per month.
  • Three-bedroom apartments in Bay Harbor Islands average $11,420 or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,424/month
591 Sq Ft
One Bedroom
$1,754/month
772 Sq Ft
Two Bedroom
$4,101/month
1,331 Sq Ft
Three Bedroom
$11,420/month
2,070 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$3,497/month
975 Sq Ft
Two Bedroom
$6,143/month
1,272 Sq Ft
Three Bedroom
$9,316/month
1,742 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Bay Harbor Islands, FL?

In the past year, rent has decreased by 1.4%, which averages out to $24 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bay Harbor Islands, FL
Last Updated July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Bay Harbor Islands, FL
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
9% $1,001 - $1,500/month
27% $1,501 - $2,000/month
55% Above $2,000/month

What salary do I need to live comfortably in Bay Harbor Islands, FL?

Because the average rent in Bay Harbor Islands is $1,754, you’ll want to make about $5,846 per month or $70,152 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Bay Harbor Islands, FL

127 Available Apartments for Rent

Search for Nearby Apartments

How does Bay Harbor Islands, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Bay Harbor Islands, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Surfside

    Surfside

  • North Miami

    North Miami

  • Miami Shores

    Miami Shores

  • Sunny Isles Beach

    Sunny Isles Beach

Apartment Communities in Bay Harbor Islands We Think You'll Love

Crestview Apartments

Crestview Apartments

9181 W Bay Harbor Dr,
Bay Harbor Islands, FL 33154

Studio - 2 Beds | $1,750 - $2,000

The Oaks Apartments

The Oaks Apartments

1065 94th St,
Bay Harbor Islands, FL 33154

2 Beds | $2,675

9901 E Bay Harbor Dr

9901 E Bay Harbor Dr

9901 E Bay Harbor Dr,
Bay Harbor Islands, FL 33154

2 Beds | $11,046

10004 E Bay Harbor Dr

10004 E Bay Harbor Dr

10004 E Bay Harbor Dr,
Bay Harbor Islands, FL 33154

3 Beds | $7,056

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Frequently Asked Questions

What is the average rent in Bay Harbor Islands?

The average rent in Bay Harbor Islands is $1,754 per month, which is 5.5% higher than the national average of $1,662.

What is the average rent for a condo in Bay Harbor Islands?

The average rent for a condo in Bay Harbor Islands, FL is $3,497 per month.

Are rents going up or down in Bay Harbor Islands?

Rents in Bay Harbor Islands, FL are decreasing, with prices down 1.4% year-over-year and $24 less per month.

What rent range is most common in Bay Harbor Islands?

In Bay Harbor Islands, FL, 55% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Florida Bay Harbor Islands Rental Trends

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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity