Wake Biscayne Bay
1900 S Treasure Dr,
North Bay Village, FL 33141
1-2 Beds | $2,270 - $3,410
Rental Market Trends in North Bay Village, FL
Updated July 2026
The average rent in North Bay Village, FL is $2,370/month.
Rent in North Bay Village is 43% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,370/month
Average Rent
797 Sq Ft
Average Size
+4%
Change / Year
192
Available Apartments
North Bay Village rent varies by unit size and layout:
- Studio apartments in North Bay Village average $2,454 per month.
- One-bedroom apartments in North Bay Village average $2,370 per month.
- Two-bedroom apartments in North Bay Village average $3,383 per month.
- Three-bedroom apartments in North Bay Village average $3,930 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in North Bay Village, FL?
In the past year, rent has increased by 4%, which averages out to $95 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in North Bay Village, FL
July 2026
$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
What are the most affordable neighborhoods in North Bay Village?
Based on current rent prices, Treasure Island and North Bay 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 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 and North Bay 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 $2,370, you’ll want to make about $7,900 per month or $94,800 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.
View the North Bay Village Area GuideStudio
$2,270/month
$2,458/month
One Bedroom
$2,440/month
$2,056/month
Two Bedroom
$3,293/month
$3,245/month
Three Bedroom
$3,803/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in North Bay Village We Think You'll Love
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
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in North Bay Village?
The average rent in North Bay Village is $2,370 per month, which is 42.5% higher than the national average of $1,663.
What is the average rent for a condo in North Bay Village?
The average rent for a condo in North Bay Village, FL is $2,217 per month.
Are rents going up or down in North Bay Village?
Rents in North Bay Village, FL are increasing, with prices up 4.0% year-over-year and $95 more per month.
What rent range is most common in North Bay Village?
In North Bay Village, FL, 33% of apartments fall between $1,001 - $1,500/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 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.