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Located in a vibrant neighborhood, this residence offers convenient access to local amenities and transportation options. With appealing design elements and modern features, it presents an inviting atmosphere. Additionally, the property is close to parks and entertainment venues, enhancing its desirability for various residents looking for an engaging lifestyle.
Things you’ll love
Great for

Property Status: Active Beautiful studio with white kitchen and granite counter top, vinyl floor, LED mirror and stylish vanity in the bath. Move in ready. Just a few blocks away from Jackson Memorial Hospital. Text listing agent for showings and additional info. Electric and water included in rent. Office Phone: (786) 838-3114 Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 1623 Nw 16th Ter #3 compares to other nearby properties.
Positives
Considerations
| Neighborhood | Allapattah |
|---|---|
| Zip code | 33125 |
| Type | House for rent |
studio apartments at 1623 Nw 16th Ter #3 cost about 17% less than the average rent price for studio apartments in Miami.
| Month | Median Rent |
|---|---|
| November 2023 | $2,000 |
| December 2023 | $2,060 |
| January 2024 | $2,097 |
| February 2024 | $2,102 |
| March 2024 | $2,131 |
| April 2024 | $2,180 |
| May 2024 | $2,093 |
| June 2024 | $2,139 |
| 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 | $2,095 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,772 |
| December 2023 | $1,649 |
| January 2024 | $1,650 |
| February 2024 | $1,650 |
| March 2024 | $1,800 |
| April 2024 | $1,775 |
| May 2024 | $1,600 |
| June 2024 | $1,505 |
| July 2024 | $1,462 |
| August 2024 | $1,450 |
| September 2024 | $1,437 |
| October 2024 | $1,450 |
| November 2024 | $1,479 |
| December 2024 | $1,531 |
| January 2025 | $1,500 |
| February 2025 | $1,681 |
| March 2025 | $1,805 |
| April 2025 | $1,956 |
| May 2025 | $1,936 |
| June 2025 | $1,450 |
| July 2025 | $1,420 |
| August 2025 | $1,457 |
| September 2025 | $1,495 |
| October 2025 | $1,474 |
| November 2025 | $1,492 |
Can I afford to live at 1623 Nw 16th Ter #3?
Bedrooms
StudioRent-to-income ratio
30%
$48,000/yr
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