Long-term Rental Rates — September 2026 · ZIPs: 33139
Local market data by Estaite
As of September 2026, rental prices in South Beach / SoBe (33139), in the Miami metro area, range from $2,134 to $4,883 per month depending on property type and bedroom count.
The most notable year-over-year trend is a -4.02% decrease for 2BR condo/townhome units in South Beach / SoBe, FL.
For 2BR units, condos/townhomes rent for $3,438 compared to apartments at $3,319.
What is the rent range for South Beach / SoBe, FL as of September 2026?
Rental prices in South Beach / SoBe, FL range from $2,134 per month for 1BR single-family homes up to $4,883 per month for 4BR single-family properties in September 2026.
Are rents rising, falling, or mixed across property types in South Beach / SoBe, FL?
Rents in South Beach / SoBe, FL are mixed, with 2BR apartments rising 9.54% YoY, 2BR condos/townhomes declining -4.02% YoY, and 2BR single-family homes increasing 1.04% YoY in September 2026.
Which segment had the biggest annual decline in South Beach / SoBe, FL, and is the decrease broad or limited?
The largest annual decrease was for 2BR condo/townhome units, dropping -4.02% YoY, while other condo/townhome bedroom sizes saw increases, indicating the decline is limited to this segment.
How much higher are condo/townhome rents than apartment rents for the same bedroom count in South Beach / SoBe, FL?
In South Beach / SoBe, FL, 1BR condo/townhomes rent for $2,387 compared to 1BR apartments at $2,207, a gap of $180 per month; 2BR condo/townhomes rent for $3,438 while 2BR apartments rent for $3,319, a difference of $119 per month as of September 2026.
South Beach / SoBe, FL· Miami metro
September 2026
33139
Long-term Rental Rates
Long-term rental rates for South Beach / SoBe (33139), in the Miami metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,097 – $2,318
-5.99%
1.91%
2-Bedroom
$3,137 – $3,502
-0.41%
9.54%
3-Bedroom
$3,889 – $4,255
1.31%
9.31%
4-Bedroom
$4,051 – $4,345
-0.21%
2.89%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,275 – $2,499
0.76%
3.79%
2-Bedroom
$3,259 – $3,617
1.87%
-4.02%
3-Bedroom
$4,625 – $5,061
3.78%
7.21%
4-Bedroom
$4,152 – $4,444
1.32%
1.37%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,066 – $2,203
-3.51%
-3.81%
2-Bedroom
$2,647 – $2,811
-5.42%
1.04%
3-Bedroom
$3,754 – $4,084
0.20%
5.18%
4-Bedroom
$4,663 – $5,102
0.17%
7.92%
Data updated: October 19, 2026
South Beach / SoBe Rental Trends · Miami metro
In the South Beach / SoBe (33139) rental market, 1-bedroom condos ended August 2026 at a median of $2,369, a drop of 1.1% month-over-month. This segment commands a $116 premium over 1-bedroom apartments, which posted a median of $2,253 for the same period.
Among units in South Beach / SoBe (33139), 3-bedroom apartments saw the most pronounced decline, falling 8.39% month-over-month to a median of $3,630. Additionally, the segment registered a -2.29% change compared with August last year, marking retreat in larger apartment pricing both monthly and annually.
Reflecting segment divergence, South Beach / SoBe (33139) rental trends show 2-bedroom condos at $3,414 and a -6.02% year-over-year change, while 2-bedroom apartments reached $3,333 with an 8.13% YoY gain. Despite an $81 condo premium, apartments outperformed condos by 14.15 percentage points in annual growth.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$2,207
$3,319
$4,072
$4,198
August 2026
$2,348
$3,333
$4,019
$4,207
June 2026
$2,145
$3,320
$3,963
$4,139
May 2026
$2,187
$3,050
$3,917
$4,068
April 2026
$2,163
$3,042
$3,768
$4,002
March 2026
$2,094
$2,988
$3,703
$3,960
February 2026
$2,068
$2,967
$3,624
$3,926
January 2026
$2,131
$2,895
$3,542
$3,934
December 2025
$2,146
$2,900
$3,576
$3,969
November 2025
$2,122
$2,966
$3,649
$4,014
October 2025
$2,084
$3,057
$3,687
$4,051
September 2025
$2,111
$3,016
$3,699
$4,071
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$2,387
$3,438
$4,843
$4,303
August 2026
$2,369
$3,375
$4,666
$4,247
June 2026
$2,396
$3,250
$4,739
$4,246
May 2026
$2,456
$3,483
$4,711
$4,183
April 2026
$2,431
$3,421
$4,780
$4,142
March 2026
$2,187
$3,153
$4,415
$4,135
February 2026
$2,183
$3,156
$4,592
$4,168
January 2026
$2,151
$3,228
$4,416
$4,211
December 2025
$2,216
$3,341
$4,582
$4,175
November 2025
$2,216
$3,403
$4,518
$4,211
October 2025
$2,208
$3,473
$4,596
$4,229
September 2025
$2,266
$3,578
$4,703
$4,237
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$2,134
$2,729
$3,919
$4,883
August 2026
$2,212
$2,885
$3,911
$4,874
June 2026
$2,282
$2,716
$3,805
$4,543
May 2026
$2,228
$2,682
$3,785
$4,475
April 2026
$2,144
$2,650
$3,742
$4,428
March 2026
$2,134
$2,628
$3,720
$4,410
February 2026
$2,159
$2,635
$3,653
$4,411
January 2026
$2,156
$2,640
$3,668
$4,447
December 2025
$2,189
$2,658
$3,706
$4,495
November 2025
$2,205
$2,675
$3,732
$4,526
October 2025
$2,208
$2,684
$3,736
$4,533
September 2025
$2,216
$2,710
$3,735
$4,533
Similar Markets in Miami-Fort Lauderdale-West Palm Beach