Sunny Isles Beach, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Sunny Isles Beach, Florida rental market.
Sunny Isles Beach, Florida
Average Apartment Rent
$2,762
Y-o-Y Change in Average
Apartment Rent
-5.8%
As of May 2026
Compared to a year ago, Sunny Isles Beach, Florida apartments have recorded a -5.8% rent decrease.
Sunny Isles Beach, Florida Average apartment rent trend
Sunny Isles Beach, Florida Average Apartment Rent
Sunny Isles Beach, Florida Apartment rent ranges
At 29.44%, apartments priced $2,500 - $3,000 represent the bulk of Sunny Isles Beach, Florida rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 17.46%.
Sunny Isles Beach, Florida Housing tenure**
Renters take up 48% of Sunny Isles Beach, Florida real estate, occupying a total of 5,043 units, while homeowners live in 5,427 properties.
Median number of rooms of renter-occupied housing units**
3.3
Renter median household income**
$53,831
Average household size of renter-occupied housing units**
2.16
Rental vacancy rate**
20.2%
Sunny Isles Beach, Florida Renter-occupied housing units by no. of bedrooms**
There are 2,580 rentals in Sunny Isles Beach, Florida with 1 bed making up the highest share of the market, at 51%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 52 units. Overall, the median number of rooms in Sunny Isles Beach, Florida homes for rent is 3.3.
Sunny Isles Beach, Florida Renter-occupied units by age of householder**
Most condos for rent in Sunny Isles Beach, Florida are occupied by residents in the 35 - 44 years age group (28%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Sunny Isles Beach, Florida Renter-occupied housing units by family type**
Sunny Isles Beach, Florida Renter-occupied housing units by the presence of own children**
A total of 2,611 apartments for rent in Sunny Isles Beach, Florida, or 52% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 1,077 units. All in all, the median size of a renter-occupied household in Sunny Isles Beach, Florida is 2.16.
Sunny Isles Beach, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 45% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Sunny Isles Beach, Florida.
Sunny Isles Beach, Florida Renter-occupied units by year structure built**
The highest share of Sunny Isles Beach, Florida apartment rentals, namely 31% or 1,550 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (25%, 1,243 units), and the ones Built 1980 - 1989 (21%, 1,056 units).
Sunny Isles Beach, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Sunny Isles Beach, Florida renters (46%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Sunny Isles Beach, Florida condos for rent is 2016.
Sunny Isles Beach, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 60% of Sunny Isles Beach, Florida renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 11% have No vehicle available.
Sunny Isles Beach, Florida Means of transportation to work of householders living in renter-occupied housing units**
Sunny Isles Beach, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Sunny Isles Beach, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
