Average Rent in Key Biscayne, FL
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/23/2025

Key Biscayne offers a distinctive blend of island charm and urban convenience, making it one of Florida’s most sought‑after rental markets. Residents enjoy direct access to pristine beaches, scenic bike paths, and iconic green spaces such as Crandon Park and Bill Baggs Cape Florida State Park. The community’s proximity to downtown Miami and the bustling Brickell district provides easy commutes for professionals, while the island’s quiet, family‑friendly neighborhoods attract those looking for a tranquil coastal lifestyle. With a variety of dining, boutique shopping, and cultural attractions within walking distance, Key Biscayne delivers a well‑rounded living experience that appeals to both young professionals and growing families.

The rental inventory reflects the island’s upscale character, featuring modern apartments and spacious single‑family homes. One‑bedroom apartments typically fall in the $3,200 range, while two‑bedroom units hover around $6,800 and three‑bedroom options approach $9,000. For renters seeking more space, larger houses start in the $5,500 range for two bedrooms and climb to the $22,000+ range for four‑plus bedroom properties, offering premium amenities and waterfront views. Whether you’re drawn to sleek high‑rise living near the marina or a private home on a quiet cul‑de‑sac, Key Biscayne’s rental market provides diverse options that match the island’s sophisticated yet relaxed vibe. Keywords such as Key Biscayne rentals, beachfront apartments, luxury homes for rent, and island living help connect prospective tenants with the perfect coastal residence.

Key Biscayne Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
Apartment 1 Bedroom $3,203 $3,200 $1,571 - $4,500 $2,700 - $4,000
Apartment 2 Bedroom $6,803 $6,650 $1,600 - $12,000 $5,600 - $7,900
Apartment 3 Bedroom $9,400 $9,000 $3,200 - $15,000 $7,000 - $12,500
House 2 Bedroom $5,543 $5,400 $4,375 - $7,000 $4,800 - $7,000
House 3 Bedroom $8,333 $7,500 $7,500 - $10,000 $7,500 - $10,000
House 4+ Bedroom $24,047 $21,500 $11,500 - $60,000 $17,000 - $29,000

In the current period, the average rent in Key Biscayne was $3,203 for 1 Bedroom, $6,694 for 2 Bedroom, $9,222 for 3 Bedroom, and $16,906 for 4+ Bedroom.

Key Biscayne

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Data provided by Rentometer, Inc.