Residences at Nomi 55+ Active Adult Apartment Homes
950 NE 124th St,
North Miami, FL 33161
Studio - 2 Beds | $1,791 - $3,111
Rental Market Trends in Biscayne Park, FL
Updated September 2026
The average rent in Biscayne Park, FL is $609/month.
Rent in Biscayne Park is 63% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$609/month
Average Rent
0 Sq Ft
Average Size
+1%
Change / Year
134
Available Apartments
Biscayne Park rent varies by unit size and layout:
- Studio apartments in Biscayne Park average $614 per month.
- One-bedroom apartments in Biscayne Park average $609 per month.
- Two-bedroom apartments in Biscayne Park average per month.
- Three-bedroom apartments in Biscayne Park average or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Biscayne Park, FL?
In the past year, rent has increased by 1%, which averages out to $7 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Biscayne Park, FL
September 2026
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
What salary do I need to live comfortably in Biscayne Park, FL?
Because the average rent in Biscayne Park is $609, you’ll want to make about $2,030 per month or $24,360 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.
View the Biscayne Park Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Miami Shores
Avg Rent: $756/month
-
North Miami
Avg Rent: $1,825/month
-
El Portal
Avg Rent: $1,630/month
-
North Bay Village
Avg Rent: $2,328/month
-
Bay Harbor Islands
Avg Rent: $1,769/month
Apartment Communities in Biscayne Park We Think You'll Love
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Frequently Asked Questions
What is the average rent in Biscayne Park?
The average rent in Biscayne Park is $609 per month, which is 63.4% lower than the national average of $1,665.
What is the average rent for a house in Biscayne Park?
The average rent for a house in Biscayne Park, FL is $7,119 per month.
Are rents going up or down in Biscayne Park?
Rents in Biscayne Park, FL are increasing, with prices up 1.0% year-over-year and $7 more per month.
What rent range is most common in Biscayne Park?
In Biscayne Park, FL, 100% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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 September 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.