Rentometer, Inc. | Data as of 10/22/2025
North Bay Village, nestled between the vibrant Miami mainland and the scenic Venetian Islands, offers a unique blend of waterfront living and urban convenience. With its charming marinas, boutique shops, and close proximity to major highways and public transit, the city attracts a diverse community of professionals, families, and retirees seeking a relaxed yet connected lifestyle in South Florida.
The rental market in North Bay Village reflects a broad spectrum of housing options. Studio apartments typically sit in the $2200‑$2300 range, while one‑bedroom units are commonly found in the $2400‑$2600 bracket. Larger apartments, including two‑ and three‑bedroom layouts, trend toward the $3200‑$4800 range, offering spacious floor plans for growing households. For those preferring a detached setting, three‑bedroom houses often rent in the $7000‑$7500 range, and premium four‑plus bedroom homes can reach into the $14000‑$15000 area, catering to upscale families and luxury seekers.
Renters benefit from the city’s well‑maintained neighborhoods such as the Bay Club and Harbor Island, which provide easy access to Biscayne Bay’s recreational activities, fine dining, and cultural venues. The close ties to Miami’s business districts make commuting straightforward, while local parks, waterfront promenades, and community events create a welcoming environment. Whether searching for a modern apartment near the water or a spacious house with private amenities, North Bay Village rentals deliver a compelling mix of comfort, convenience, and South‑Florida charm.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,287 | $2,293 | $1,800 - $2,595 | $2,279 - $2,470 |
| Apartment | 1 Bedroom | $2,440 | $2,545 | $1,775 - $2,850 | $2,118 - $2,750 |
| Apartment | 2 Bedroom | $3,255 | $3,312 | $1,925 - $5,000 | $2,700 - $3,583 |
| Apartment | 3 Bedroom | $4,065 | $4,300 | $845 - $5,500 | $3,500 - $5,432 |
| House | 3 Bedroom | $7,098 | $7,100 | $5,000 - $10,000 | $5,900 - $7,990 |
| House | 4+ Bedroom | $14,526 | $9,800 | $5,900 - $39,500 | $7,000 - $21,000 |
In the current period, the average rent in North Bay Village was $2,287 for Studio, $2,441 for 1 Bedroom, $3,255 for 2 Bedroom, $5,413 for 3 Bedroom, and $12,163 for 4+ Bedroom.
Data provided by Rentometer, Inc.