Wake Biscayne Bay
1900 S Treasure Dr,
North Bay Village, FL 33141
1-3 Beds | $2,236 - $4,006
Rental Market Trends in North Bay Village, FL
What is the average rent in North Bay Village, FL?
$2,272/month
Average Rent
797 Sq Ft
Average Apartment Size
-0.7%
Decrease in the Last Year
As of June 2025, the average rent in North Bay Village, FL is $2,272 per month. This is 40% higher than the national average rent price of $1,628/month, making North Bay Village one of the most expensive cities in the US. When you rent an apartment in North Bay Village, you can expect to pay about $2,126 per month for a studio, $2,272 for a one-bedroom apartment, and around $3,300 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,864 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in North Bay Village, FL?
In the past year, rent has decreased by 0.7%, which averages out to $16 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 June 2025
Legend
2024
2025
Rent Ranges in North Bay Village, FL
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
33%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in North Bay Village?
Based on current rent prices, Treasure Island, North Bay Island and Harbor Island are the most affordable neighborhoods in North Bay Village.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in North Bay Village?
Based on current rent prices, North Bay Island, Harbor Island and Treasure Island are the most expensive neighborhoods in North Bay Village.
Neighborhood
Average Rent
Average Sq Ft
Which North Bay Village neighborhoods have the most rentals available?
The neighborhoods in North Bay Village with the most apartments available are Treasure Island, North Bay Island and Harbor Island .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in North Bay Village, FL?
Because the average rent in North Bay Village is $2,272, you’ll want to make about $7,573 per month or $90,876 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 North Bay Village, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare North Bay Village, 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.
Studio
$2,211/month
$2,112/month
One Bedroom
$2,319/month
$2,015/month
Two Bedroom
$3,211/month
$3,162/month
Three Bedroom
$3,740/month
-
Nearby City Rent Trends
Apartment communities in North Bay Village we think you'll love
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 2025.
* Percentages may not total 100 due to rounding.