As of April 2026, rental prices in South Beach / SoBe, FL range from $2,144 to $4,780 per month depending on property type and bedroom count.

The largest year-over-year change is a 7.08% increase for 1BR condos/townhomes in South Beach / SoBe, FL.

For 3BR units in South Beach / SoBe, FL, condos/townhomes have a median rent of $4,780 while apartments are $3,768.

What is the overall rent range in South Beach / SoBe, FL as of April 2026?

The rent range in South Beach / SoBe, FL for April 2026 is from $2,144 for a 1BR single-family home to $4,780 for a 3BR condo/townhome.

Are rents in South Beach / SoBe, FL generally rising or falling in April 2026?

In April 2026, South Beach / SoBe, FL rents are rising in some segments, such as 1BR condos/townhomes (+7.08% YoY) and 3BR single-family homes (+6.94% YoY), while declining in others, such as 1BR single-family homes (-3.60% YoY) and 2BR condos/townhomes (-2.95% YoY).

Which segment had the biggest annual rent decrease in South Beach / SoBe, FL and is it limited to one bedroom or broader?

The largest year-over-year rent decrease is in 1BR single-family homes, which fell -3.60% in April 2026, and this decrease is limited to the 1BR single-family segment.

What is the premium gap between apartment and condo/townhome rents for the same bedroom count in South Beach / SoBe, FL?

In April 2026, 1BR condos/townhomes in South Beach / SoBe, FL rent for $2,431, which is $268 more than 1BR apartments at $2,163; for 2BR units, the gap increases to $379 with condos/townhomes at $3,421 and apartments at $3,042.

South Beach / SoBe, FL

April 2026

33139

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $2,055 – $2,271 3.27% 3.79%
2-Bedroom $2,874 – $3,209 1.79% -0.76%
3-Bedroom $3,610 – $3,926 1.76% 4.99%
4-Bedroom $3,862 – $4,142 1.06% 2.96%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $2,309 – $2,552 11.16% 7.08%
2-Bedroom $3,267 – $3,575 8.50% -2.95%
3-Bedroom $4,565 – $4,995 8.26% 6.10%
4-Bedroom $3,997 – $4,287 0.17% 1.32%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $2,075 – $2,213 0.47% -3.60%
2-Bedroom $2,573 – $2,730 0.84% -0.15%
3-Bedroom $3,574 – $3,910 0.59% 6.94%
4-Bedroom $4,242 – $4,614 0.41% 3.19%
Data updated: June 2, 2026

In the South Beach / SoBe (33139) rental market, 1-bedroom condo/townhome units saw a significant monthly increase, with median rent rising 11.16% to $2,431 in April 2026. This percentage gain exceeded the 3.27% MoM growth for 1-bedroom apartments, which reached a median of $2,163 for the same period.

Median rent for 3-bedroom single-family homes in South Beach / SoBe (33139) reached $3,742, representing a 6.94% year-over-year increase. This YoY growth was slightly above the 6.1% annual gain for 3-bedroom condo/townhomes, which had a higher median rent of $4,780 in April 2026.

The 4-bedroom apartment segment in South Beach / SoBe (33139) recorded a median rent of $4,002, marking a YoY increase of 2.96%. South Beach / SoBe (33139) rental trends reflect this consistent upward movement in larger apartment units, contrasting slightly with the 1.32% YoY growth seen in 4-bedroom condo/townhomes.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
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
August 2025 $2,166 $3,030 $3,725 $4,080
July 2025 $2,166 $3,082 $3,715 $4,053
June 2025 $2,089 $3,093 $3,685 $4,011
May 2025 $2,060 $2,995 $3,645 $3,945

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
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
August 2025 $2,300 $3,582 $4,517 $4,245
July 2025 $2,316 $3,633 $4,569 $4,231
June 2025 $2,300 $3,618 $4,701 $4,199
May 2025 $2,302 $3,608 $4,748 $4,134

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
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
August 2025 $2,219 $2,701 $3,726 $4,524
July 2025 $2,214 $2,769 $3,689 $4,489
June 2025 $2,199 $2,743 $3,626 $4,425
May 2025 $2,198 $2,728 $3,533 $4,328

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