Zumper

121 Ne 5th St
121 Ne 5th St, Miami, FL 33132, USA

Condo for rent
Monthly rent
$2,500–$11,700
BedsStudio–2
Baths1–2
Sqft343–835
modified
9 Hours Ago

Property Overview

Set in a highly walkable, transit-friendly area with abundant restaurants, parks, and recreation, the home supports an active social and wellness-focused lifestyle with an on-site gym, pool or spa, and communal green spaces. High-speed internet, multiple provider options, common work areas, and large windows make it especially convenient for remote work. A private balcony and an extensive gallery of 901 photos help prospective renters better understand the space and its features.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • High school nearby
  • Central heat
  • Images available

Great for

  • Wellness
  • Work-from-home
  • Social life

Highlights

  • New Construction
  • private balcony

Units

121 Ne 5th St Miami, FL

Available

801B

Studio

1 Bath

$2,500

Listed on 03/19/2026
Listed by Michael Mann
Days on market: 75
Property Status: Active 501 First Residences brand new modern luxury studio which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape. Office Phone: (305) 695-6300 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

401B

Studio

1 Bath

$2,850

Listed on 05/14/2026
Listed by Ginna Rojas
Days on market: 19
Property Status: Pending Turnkey studio at 501 First Residences—one of Downtown Miami’s newest buildings. Unit 401B offers 385 SF (36 m²) featuring an efficient open floor plan, floor-to-ceiling windows, and a private balcony designed to maximize guest appeal. Offered fully furnished with blinds and sofa bed, this residence includes private storage and is ready for immediate rental operation. Its flexible layout and low-maintenance design make it a strong option for investors seeking consistent short-term rental demand in a high-growth urban location. Enjoy access to modern amenities, fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape. Office Phone: (305) 947-0477 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

1001B

Studio

1 Bath

$2,900

Listed on 05/14/2026
Listed by Ginna Rojas
Days on market: 19
Property Status: Pending 501 First Residences in the heart of Downtown Miami. Unit 1001B offers 385 SF (36 m²) with a modern open layout, floor-to-ceiling glass, and a private balcony delivering natural light and an efficient, guest-friendly design. The residence comes turnkey furnished with blinds and sofa bed, includes private storage, and is located in a building that permits short-term rentals with no minimum lease restrictions, making it an excellent addition to any income-producing portfolio. Residents and guests enjoy access to resort-style amenities, fitness facilities, social and co-working areas, and proximity to Miami Worldcenter, Brightline, shopping, dining, and entertainment venues. A compact, income-ready unit optimized for high-demand short-term rental use. Office Phone: (305) 947-0477 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2107

Studio

1 Bath

$3,000

Listed on 05/27/2026
Listed by Gonzalo Gambertoglio
Days on market: 6
Property Status: Active Escape to this modern studio located in the heart of Downtown Miami, ideal for both leisure and business stays. The unit features a queen-size bed, a sofa bed, a private balcony designed for relaxation, a fully equipped kitchen, a microwave, an in-unit washer and dryer, and a full bathroom with a shower. Prime location: steps from the best restaurants, attractions, and everything that makes Miami unique. Amenities: greenhouse oasis, coworking lounge, gym, TV lounge, club room, Sunrise & Sunset terraces, and private dining with a kitchen. Please note: No daily fees On-site parking is available, but not included in the price. Tenant evaluation ($150) can grant free parking for stays over 30 days. Prices may vary according to the month. Office Phone: (305) 934-0044 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

712B

Studio

1 Bath

$3,000

Listed on 05/01/2026
Listed by Arianny Santos
Days on market: 32
Property Status: Active Comfort modern Studio at brand new 501 First Residences Condo in Downtown Miami. Features floor to ceiling windows, an efficient open floor plan, high-speed internet, European kitchen style, in-unit washer/dryer, offered furnished with bed and additional sofa bed, dining area, TV, big closets, private balcony in-L. Enjoy Resort-style amenities including fitness center, room saloon, co-working spaces, rooftop Pool. Prime walkability to Miami Worldcenter, Bright-line Station, entertainment and culture venues, Brickell, Bayside and much more. Office Phone: (954) 217-1791 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

901A

Studio

1 Bath

$3,000

Listed on 05/01/2026
Listed by Arianny Santos
Days on market: 32
Property Status: Active Luxury modern studio available at the brand-new 501 First Residences in Downtown Miami. Features floor-to-ceiling windows, an efficient open floor plan, and a private L-shaped balcony. The studio comes fully furnished with a bed, sofa bed, dining area, and TV. Additional highlights include a European-style kitchen, in-unit washer/dryer, high-speed internet, and spacious closets. Residents can enjoy premium resort-style amenities, including a fitness center, media room, co-working spaces, and a rooftop pool. The building offers prime walkability to Miami Worldcenter, the Brightline Station, Brickell, Bayside, and various entertainment venues.. Office Phone: (954) 217-1791 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

901B

Studio

1 Bath

$3,000

Listed on 04/27/2026
Listed by Yllen Lopez
Days on market: 36
Property Status: Active Live in the heart of Miami. This stunning, fully furnished studio offers the perfect blend of comfort, style, and convenience in one of the city’s most privileged locations. Designed for modern living, the unit features sleek finishes, an open layout, and everything you need to move in effortlessly. Enjoy over 20,000 SF of top-tier amenities including a resort-style pool, state-of-the-art fitness center, co-working spaces, relaxing spaces, sauna, hot/cold hydrotherapy, a rooftop movie theater, pet spa,valet parking and 24/7 security. Step outside and you’re surrounded by Miami’s best — from world-class dining and vibrant nightlife to premier shopping destinations, perfectly located in Downtown Miami, close to Bayside area and Kaseya Center. Perfect for anyone looking to experience the best of Miami living. Internet/Wi Fi, Water, Sewer, Waste is included. This opportunity won’t last! Office Phone: (954) 332-7121 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

912A

Studio

1 Bath

$3,100

Listed on 03/14/2026
Listed by Volkan Yetmisbir
Days on market: 80
Property Status: Active Fully furnished studio at 501 First Residences in the heart of Downtown Miami. Enjoy a luxury lifestyle with 5-star hotel-style amenities including rooftop pool, fitness center, co-working spaces, and upscale common areas. Ideal for short-term or flexible rentals. Contact listing agent for rental rates and availability. Office Phone: (786) 457-3153 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

2604

Studio

1 Bath

$4,000

Listed on 04/27/2026
Listed by Vincent Battaglia
Days on market: 36
Property Status: Active Fully equipped seasonal rental apartment. Move in ready. Contact for availability and seasonal rates. Stay in the heart of Miami at 501 First, a brand-new architectural gem designed for modern city living. Guests enjoy access to a rooftop oasis with a 75-foot lap pool, an Elite Gym with private training rooms, and serene spaces like the lush Greenroom sanctuary and co working spaces. Please note that the building is brand new, and the pool and gym are scheduled to open during the first week of April. Office Phone: (800) 516-7550 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

3200

Studio

1 Bath

$5,300

Listed on 05/07/2026
Listed by Rachel Bautista
Days on market: 26
Property Status: Active Positioned in the heart of Downtown Miami, this brand-new, fully furnished studio at 501 Residences. Designed with a sleek, modern aesthetic, the residence features floor-to-ceiling glass that fills the space with natural light and opens to a private balcony with city views. Thoughtfully curated interiors include custom Italian cabinetry, premium European appliances, refined flooring, and built-out closets, complemented by a contemporary kitchen and spa-inspired bath. Residents enjoy access to a full-service lifestyle with a rooftop pool, state-of-the-art fitness center, co-working spaces, stylish lounges, and 24-hour concierge service. Office Phone: (917) 714-7168 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

2700

Studio

1 Bath

$6,500

Listed on 04/30/2026
Listed by Amelia Todd
Days on market: 33
Property Status: Active Positioned in the heart of Downtown Miami, this brand-new, fully furnished studio at 501 Residences. Designed with a sleek, modern aesthetic, the residence features floor-to-ceiling glass that fills the space with natural light and opens to a private balcony with city views. Thoughtfully curated interiors include custom Italian cabinetry, premium European appliances, refined flooring, and built-out closets, complemented by a contemporary kitchen and spa-inspired bath. Residents enjoy access to a full-service lifestyle with a rooftop pool, state-of-the-art fitness center, co-working spaces, stylish lounges, and 24-hour concierge service. Office Phone: (917) 714-7168 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

510

1 Bed

2 Baths

$3,000

Listed on 04/27/2026
Listed by Marcella Reyes
Days on market: 36
Property Status: Active No short-term rentals. $3,200/month, based on a 1-year lease (minimum 6 months). Please note: 501 First Residences is a valet-only building. Residents with vehicles must contract directly with the valet company at an additional cost. Fully furnished 1-bedroom + den, 2-bath residence at the brand-new 501 First Residences. Unit 510 offers 597 SF with views of Biscayne Bay, the Kaseya Center, and the Freedom Tower. Turn-key unit featuring a European-style kitchen with Bosch appliances, private bedroom suite with built-ins, spa-style bath with rain shower, in-unit washer/dryer, and floor-to-ceiling windows with roller shades. Amenities include a rooftop pool, cinema, co-working lounge, and fitness center. Office Phone: (954) 450-2000 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

3313

1 Bed

1.5 Baths

$3,100

Listed on 05/13/2026
Listed by Vivian Aponte Blane
Days on market: 20
Property Status: Active Experience elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami now available for rent. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Ideally located moments from Miami Worldcenter, dining, culture, and transit. Residents enjoy access to 20,000+ sq ft of curated amenities including a rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet. No Air B&B on this unit. Office Phone: (800) 438-3973 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

3103

1 Bed

2 Baths

$4,500

Listed on 06/02/2026
Listed by Stephanie Lox
Property Status: Active Welcome to 501 First Residences unit 3103 at Miami Worldcenter, one of Downtown Miami's newest residential addresses. Completed in 2025, this never-lived-in residence offers 1 bedroom, 2 full bathrooms, and a spacious den, fully furnished and thoughtfully appointed for an effortless move-in experience. Designed with flexibility in mind, the layout provides a seamless blend of comfort and functionality. The generous den offers valuable additional space, ideal for a home office, guest area, or creative workspace, while expansive windows fill the residence with natural light and showcase vibrant city views. Carefully selected furnishings and refined details create an inviting atmosphere that feels both comfortable and sophisticated. Residents enjoy an exceptional collection of amenities located on the building's highest floors and rooftop, offering panoramic views of Miami's skyline and Biscayne Bay. Ideally situated within Miami Worldcenter, the residence is moments from acclaimed dining, entertainment, shopping, cultural destinations, and convenient transportation, placing the best of Downtown Miami within easy reach. Office Phone: (305) 647-2663 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

3102

1 Bed

2 Baths

$4,500

Listed on 06/01/2026
Listed by Stephanie Lox
Days on market: 1
Property Status: Active Welcome to 501 First Residences unit 3102 at Miami Worldcenter, one of Downtown Miami's newest residential addresses. Completed in 2025, this never lived-in residence offers 1 bedroom, 2 full bathrooms, and a spacious den, thoughtfully furnished and fully turnkey. The versatile den provides additional space for a home office, guest area, or creative workspace. Positioned to capture southeast-facing city views with glimpses of Biscayne Bay, the residence is filled with natural light and carefully selected furnishings that create a comfortable and refined living environment. Floor to ceiling windows frame the urban skyline, while the functional layout offers both flexibility and ease of living. Enjoy an exceptional collection of amenities located on the building's highest floors and rooftop, showcasing panoramic views of the city and water. Ideally situated within Miami Worldcenter, the residence is moments from acclaimed dining, entertainment, shopping, cultural destinations, and convenient transportation options, placing the best of Miami right at your doorstep. Office Phone: (305) 647-2663 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

902

1 Bed

2 Baths

$4,500

Listed on 04/07/2026
Listed by Hiliany Munguia
Days on market: 56
Property Status: Active This move-in ready residence is perfect for immediate occupancy. Whether you’re looking for a short-term stay or a long-term lease, this property offers unmatched versatility with rental-friendly policies. Inside, you’ll find a modern, thoughtfully furnished space with a separate den ideal for a home office or guest area. The layout is bright and functional, making it easy to feel at home from day one. Enjoy premium building amenities including a fully equipped gym, resort-style pool, green room, conference spaces, and private business areas—perfect for both relaxation and productivity. Located in a prime, walkable neighborhood, you’re just steps away from top restaurants, shopping, and entertainment. Unbeatable location — just steps from Brightline, Miami Worldcenter, and the Metromover, making commuting effortless. Walk to Bayside Marketplace, the Pérez Art Museum, Frost Science Museum, and the Kaseya Center for concerts, games, and major events. Surrounded by top dining, shopping, and entertainment, everything you need is right outside your door. Available immediately — just bring your suitcase. Office Phone: (954) 865-9534 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

2706

1 Bed

1.5 Baths

$4,800

Listed on 04/27/2026
Listed by Vincent Battaglia
Days on market: 36
Property Status: Active Fully equipped seasonal rental apartment. Move in ready. Contact for availability and seasonal rates. Stay in the heart of Miami at 501 First, a brand-new architectural gem designed for modern city living. Guests enjoy access to a rooftop oasis with a 75-foot lap pool, an Elite Gym with private training rooms, and serene spaces like the lush Greenroom sanctuary and co working spaces. Please note that the building is brand new, and the pool and gym are scheduled to open during the first week of April. Office Phone: (800) 516-7550 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

3112

2 Beds

2 Baths

$4,100

Listed on 05/09/2026
Listed by Laudy Florentino
Days on market: 24
Property Status: Pending PRICE IMPROVEMENT | NEVER LIVED IN | FULLY FURNISHED Centrally located in Downtown Miami, directly across from the College/Bayside Metromover station and includes 1 assigned parking space. Brand new, never-lived-in 2BR/2BA at 501 Residences featuring floor-to-ceiling glass, great natural light, and a private balcony. Fully furnished with finished flooring, custom Italian cabinetry, European appliances, built-out closets, and modern kitchens and baths. Full-service building with rooftop pool, fitness center, co-working spaces, lounge areas, and 24-hour concierge. Steps from dining, shopping, Miami Worldcenter, and minutes to Brickell. Office Phone: (305) 399-0123 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2301

2 Beds

2 Baths

$5,800

Listed on 05/27/2026
Listed by Gonzalo Gambertoglio
Days on market: 6
Property Status: Active Enjoy this modern and bright 2-bedroom, 2-bathroom apartment, designed for comfort and convenience. The master bedroom features a King-size bed and an en-suite bathroom, while the second bedroom offers a Queen-size bed with ample closet space. The unit includes a fully equipped open-concept kitchen seamlessly connected to the dining and living areas, creating a spacious and inviting atmosphere. The living room sofa also converts into a bed, providing additional sleeping space. You’ll also enjoy the convenience of an in-unit washer and dryer, central air conditioning, and large windows that allow plenty of natural light. Amenities: greenhouse oasis, coworking lounge, gym, TV lounge, club room, Sunrise & Sunset terraces, and private dining with a kitchen. Please note: there are no daily resort fees, and on-site parking is not available. Office Phone: (305) 934-0044 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

1712

2 Beds

2 Baths

$5,900

Listed on 05/25/2026
Listed by Claudia Castano Barroso
Days on market: 8
Property Status: Active Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, available for 6-month or 1-year lease. Features floor-to-ceiling glass, private balcony, sleek Italian cabinetry, and premium appliances. Enjoy resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, media room, etc. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show. Office Phone: (954) 947-2383 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

2712

2 Beds

2 Baths

$11,700

Listed on 04/27/2026
Listed by Jessika Contreras
Days on market: 36
Property Status: Active Luxury 2-bedroom, 2-bath residence offering breathtaking water and city views. Available for both short- and long-term stays, fully furnished for a seamless move-in experience. Experience elevated urban living in the heart of vibrant Downtown Miami at 501 First Residences. This brand-new condo showcases floor-to-ceiling glass, a private balcony with stunning skyline vistas, sleek Italian cabinetry, premium appliances. Designed with sophistication and comfort in mind. Indulge in over 20,000 square feet of resort-style amenities, including a spectacular rooftop with a 75-foot lap pool, hot hydrotherapy bath, and dedicated sunrise and sunset decks with panoramic views. Stay active in the state-of-the-art fitness center by HOMAGE Fitness, complete with yoga and meditation spaces and private training rooms. Entertain or unwind in the elegant lounge featuring a private club suite, chef’s kitchen, media room, and a lush greenhouse retreat. This smart, amenity-rich tower is ideally located within walking distance of Bayside Marketplace, Bayfront Park, and the Kaseya Center, and just minutes from Brickell, the Design District, and South Beach. It is also conveniently located next to the main transportation system the metro-mover and within walking distance to Dining, entertainment and shopping stores. Move-in ready and impeccably styled. Office Phone: (786) 355-7504 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 121 Ne 5th St

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Fitness Center
  • Residents Lounge
  • Business Center
  • Swimming Pool
  • Garage Parking
  • Storage
  • Concierge Service
  • Outdoor Space
  • Elevator
  • Wheelchair Accessible
Unit Amenities
  • Furnished
  • Air Conditioning
  • In-Unit Laundry
  • Balcony
  • Dishwasher
  • Walk-In Closets
  • Assigned Parking

Policies at 121 Ne 5th St

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

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About 121 Ne 5th St

HomeApartments in MiamiDowntown Miami 121 Ne 5th St #3103, Miami, FL 33132, USA

Don't miss this stunning high-rise property located in the heart of Downtown Miami at 121 NE 5th St! This 21-unit building offers a range of bedroom options, including studios, 1-bedroom, and 2-bedroom units, with an average size of 835 square feet. Residents can enjoy top-notch amenities, including a resort-style pool, state-of-the-art fitness center, co-working spaces, valet parking, and a pet spa. Each unit features modern finishes, floor-to-ceiling windows, and a private balcony with panoramic views of the city. With a prime location near top-rated schools and a range of premium appliances, this property offers a luxury lifestyle. Note that this property is not pet-friendly and offers furnished units for long-term rentals only.

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Address details

Units23
Units available21
Neighborhood
City
Zip code33132

121 Ne 5th St #3103 is great for:

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • HVAC systems available onsite
  • On-site pool or spa

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • Common areas for meetings or remote work
  • 18 coworking spaces or cafes within 1 mile

Social life

  • 732 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Area has 82 parks and recreation options
  • 217 museums, art galleries, or cultural centers within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 121 Ne 5th St, Miami, FL 33132, USA compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away
Central heat
This address offers a climate controlled environment
Images available
There are at least 10 photos of this address

Considerations

Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Miami

Studio apartments at 121 Ne 5th St #3103 cost about 27% more than the average rent price for studios in Downtown Miami.

1-bedroom apartments here are priced 31% higher than 1-bedrooms in Downtown Miami.

If you decide to upgrade your space, you can expect 2-bedrooms at 121 Ne 5th St #3103 to be 64% more than the average for similarly sized apartments in Downtown Miami.

Median rents as of May 30 2026.
Downtown Miami
Miami
A table of studio rental data trends in Miami
MonthMedian Rent
June 2024$2,150
July 2024$2,100
August 2024$2,136
September 2024$2,175
October 2024$2,112
November 2024$2,253
December 2024$2,265
January 2025$2,125
February 2025$2,000
March 2025$2,033
April 2025$2,037
May 2025$2,126
June 2025$2,193
July 2025$2,158
August 2025$2,140
September 2025$2,121
October 2025$2,099
November 2025$2,104
December 2025$2,052
January 2026$2,013
February 2026$2,006
March 2026$2,077
April 2026$2,183
May 2026$2,202
A table of studio rental data trends in Downtown Miami
MonthMedian Rent
June 2024$2,631
July 2024$2,641
August 2024$2,649
September 2024$2,720
October 2024$2,700
November 2024$2,725
December 2024$2,443
January 2025$2,378
February 2025$2,306
March 2025$2,380
April 2025$2,400
May 2025$2,437
June 2025$2,513
July 2025$2,540
August 2025$2,487
September 2025$2,450
October 2025$2,478
November 2025$2,500
December 2025$2,500
January 2026$2,505
February 2026$2,528
March 2026$2,527
April 2026$2,597
May 2026$2,667

Affordability calculator

Can I afford to live at 121 Ne 5th St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$120,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $120,000 annually to afford this studio median monthly rent price of $3,000.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 121 Ne 5th St, Miami, FL.
Last month$4,1002 bed2 bath
Last month$4,1002 bed2 bath
Last month$3,500Studio1 bath
Last month$2,495Studio1 bath
Last month$2,950Studio1 bath
Last month$4,5002 bed2 bath
Last month$3,5001 bed1.5 bath
Last month$2,500Studio1 bath
2 months ago$3,000Studio1 bath

Schools near 121 Ne 5th St #3103

Frederick R. Douglass Elementary School

314 nw 12th st

miami, FL, 33136

PK, K-5Public
C

Miami-Dade Virtual High School Franchise

1501 ne 2nd ave

miami, FL, 33132

K-12Public
B

Chapman Partnership North Early Childhood Center

1550 n miami ave

miami, FL, 33136

PKPublic

Miccosukee Indian School

mile marker 70 tamiami trail

miami, FL, 33194

K-12Public

United Way Center for Excellence in Early Education Demonstration School

3250 sw 3rd ave

miami, FL, 33129

PKPublic
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Getting around Miami near 121 Ne 5th St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 121 Ne 5th St, Miami

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

8/10
Several bars within a few minutes’ walk

Explore the area around 121 Ne 5th St

Indian Prem
255 E Flagler St
Publix
601 NW 2nd Ave
ALDI
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