Find Homes & 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 March 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 153.5% ($3,315) higher than the Florida average of $2,159 and 206.2% ($3,686) higher than the U.S. average of $1,788.

Average Rent
$5,474
Monthly ChangeMonth Over Month Change
Decreased13% ($815)
Yearly ChangeYear Over Year Change
Decreased5% ($288)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $4,645 Decreased12.5% ($665) Decreased1.5% ($70)
2 Beds $5,390 Decreased12% ($736) Decreased0.9% ($50)
3 Beds $6,442 Decreased12.7% ($937) Decreased1.7% ($111)
Nearby Cities Average Rent Avg. Rent vs. Key BiscayneAverage Rent vs. Key Biscayne Avg. Days on MarketAverage Days on Market
Miami Beach $3,146 Decreased42.5% ($2328) 34 days
Miami $2,982 Decreased45.5% ($2492) 27 days
Hialeah $2,702 Decreased50.6% ($2772) 29 days
North Miami Beach $3,650 Decreased33.3% ($1824) 35 days
Opa Locka $1,979 Decreased63.8% ($3495) 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 $5,474 per month.
Homes in Key Biscayne typically rent for between $3,252 and $8,375 per month, with an average of $5,474 per month.
In Key Biscayne, the average rent for a 1-bedroom home is $4,645 per month, for a 2-bedroom home, $5,390 per month, and a 3-bedroom home is $6,442 per month.
The average rent in Key Biscayne is 206.2% ($3,686) higher than the national average of $1,788 per month.
The average rent in Key Biscayne has decreased by 13.0% ($815) in the last month and decreased by 5.0% ($288) 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 10 rental properties available in Key Biscayne, FL.
Based on the current averages, a household would need an annual income of $215,600 to comfortably afford a 2-bedroom home in Key Biscayne.
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