Residences at Nomi
950 NE 124th St,
North Miami, FL 33161
Studio - 2 Beds | $1,745 - $3,170
Rental Market Trends in Biscayne Park, FL
What is the average rent in Biscayne Park, FL?
$603/month
Average Rent
0 Sq Ft
Average Apartment Size
+0.6%
Increase in the Last Year
As of May 2025, the average rent in Biscayne Park, FL is $603 per month. This is 63% lower than the national average rent of $1,627/month, making renting in Biscayne Park more affordable than most cities in the US. When you rent an apartment in Biscayne Park, you can expect to pay about $608 per month for a studio, $603 for a one-bedroom apartment, and around for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
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How much has average rent changed in Biscayne Park, FL?
In the past year, rent has increased by 0.6%, which averages out to $4 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024
2025
Rent Ranges in Biscayne Park, FL
Last Updated May 2025
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
100%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Biscayne Park?
Based on current rent prices, Griffings Biscayne Park Estates is the most affordable neighborhood in Biscayne Park.
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What are the most expensive neighborhoods in Biscayne Park?
Based on current rent prices, Griffings Biscayne Park Estates is the most expensive neighborhood in Biscayne Park.
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Which Biscayne Park neighborhoods have the most rentals available?
The neighborhood in Biscayne Park with the most apartments available is Griffings Biscayne Park Estates .
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What salary do I need to live comfortably in Biscayne Park, FL?
Because the average rent in Biscayne Park is $603, you’ll want to make about $2,010 per month or $24,120 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.
How does Biscayne Park, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Biscayne Park, 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.
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Nearby City Rent Trends
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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 February 2025.
* Percentages may not total 100 due to rounding.