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Rental Market Trends in Cutler Bay, FL

What is the average rent in Cutler Bay, FL?

$1,693/month

Average Rent

610 Sq Ft

Average Apartment Size

+4.7%

Increase in the Last Year

Cutler Bay, FL Rental Market Overview

The average rent in Cutler Bay, FL is $1,693 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Cutler Bay rent prices are 3% higher than the national average.

  • Studio apartments in Cutler Bay average $1,290 per month.
  • One-bedroom apartments in Cutler Bay average $1,693 per month.
  • Two-bedroom apartments in Cutler Bay average $2,100 per month.
  • Three-bedroom apartments in Cutler Bay average $2,418 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,290/month
375 Sq Ft
One Bedroom
$1,693/month
610 Sq Ft
Two Bedroom
$2,100/month
847 Sq Ft
Three Bedroom
$2,418/month
1,152 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,188/month
1,320 Sq Ft
Four Bedroom
$5,180/month
2,366 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,741/month
754 Sq Ft
Two Bedroom
$1,992/month
909 Sq Ft
Three Bedroom
$2,425/month
1,222 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,710/month
1,188 Sq Ft
Three Bedroom
$2,759/month
1,397 Sq Ft

How much has average rent changed in Cutler Bay, FL?

In the past year, rent has increased by 4.7%, which averages out to $79 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Cutler Bay, FL
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Cutler Bay, FL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Cutler Bay is $1,693, you’ll want to make about $5,643 per month or $67,716 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

Cutler Bay, FL

858 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Cutler Bay, 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.

Explore the Area Guide for Cutler Bay, FL

Apartment Averages

Nearby City Rent Trends

  • Princeton Average Rent

Apartment communities in Cutler Bay we think you'll love

Solina Old Cutler Apartments

Solina Old Cutler Apartments

22555 SW 107th Ave,
Goulds, FL 33170

$1,850 - $2,899

1-3 Beds

Bay Pointe Apartments

Bay Pointe Apartments

18412 Homestead Ave,
Miami, FL 33157

$1,950 - $3,299

1-3 Beds

Indigo Palmetto Bay

Indigo Palmetto Bay

9420-9500 SW 174th St,
Palmetto Bay, FL 33157

$2,079 - $5,608

Studio - 3 Beds

Palmetto Station

Palmetto Station

17945 SW 97th Ave,
Palmetto Bay, FL 33157

$1,950 - $3,760

1-3 Beds

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United States Florida Cutler Bay 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity