Apartments for Rent in Key Biscayne, FL

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What to Know About

Life in Key Biscayne & Beyond

Key Biscayne shares many of the great qualities that make Florida a desirable place to live.

Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Key Biscayne, FL

As of August 2025, Key Biscayne's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Key Biscayne's average rent is 160.9% ($3,325) higher than the Florida average of $2,067 and 201.2% ($3,602) higher than the U.S. average of $1,790.

Average Rent
$5,392
Monthly ChangeMonth Over Month Change
Decreased1.5% ($82)
Yearly ChangeYear Over Year Change
Decreased10.9% ($658)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $4,478 Decreased3.6% ($167) Decreased9.6% ($478)
2 Beds $5,340 Decreased0.9% ($50) Decreased6.6% ($378)
3 Beds $6,330 Decreased1.7% ($112) Decreased8.1% ($557)
Nearby Cities Average Rent Avg. Rent vs. Key BiscayneAverage Rent vs. Key Biscayne Avg. Days on MarketAverage Days on Market
Miami Beach $3,220 Decreased40.3% ($2172) 34 days
Miami $2,833 Decreased47.5% ($2559) 27 days
Hialeah $2,762 Decreased48.8% ($2630) 29 days
North Miami Beach $3,705 Decreased31.3% ($1687) 35 days
Opa Locka $1,575 Decreased70.8% ($3817) 29 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Key Biscayne Rental Market FAQs

Explore rental prices, market trends, and availability in Key Biscayne, FL.

The average rent in Key Biscayne, FL is $5,392 per month.
Apartments in Key Biscayne typically rent for between $3,135 and $8,229 per month, with an average of $5,392 per month.
In Key Biscayne, the average rent for a 1-bedroom apartment is $4,478 per month, for a 2-bedroom apartment, $5,340 per month, and a 3-bedroom apartment is $6,330 per month.
The average rent in Key Biscayne is 201.2% ($3,602) higher than the national average of $1,790 per month.
The average rent in Key Biscayne has decreased by 1.5% ($82) in the last month and decreased by 10.9% ($658) over the past year.
The rental market in Key Biscayne, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Key Biscayne, FL, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Key Biscayne, FL.
Based on the current averages, a household would need an annual income of $213,600 to comfortably afford a 2-bedroom apartment in Key Biscayne.
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