5+ Days Ago
Location
1223 Nw 42nd St, Miami, FL 33142, USA|Liberty City
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Property Overview
PE 1223 is a highly-rated property, earning an 8.3 overall score with exceptional ratings for price (10/10) and location (9/10), indicating strong value and convenience for renters. The property features an impressive array of amenities (8/10) and demonstrates transparency with a trustworthiness rating of 7/10. Additionally, it is conveniently located near top-rated schools, enhancing its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- High school nearby
Floor plans
| PE 1223 - 3 | Studio | 1 bath | $1,950 /mo |
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Policies and fees
Applicants
Application Fee
One-time. Agent application fee.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About PE 1223
PE 1223 cost $1,950 per month. Located at 1223 Nw 42nd St, Miami, FL 33142, USA, PE 1223 has studio bedroom units available. Based on the average rent price of studio in Miami, renting an apartment at PE 1223 is 5% cheaper per month.Other apartment buildings in or around Miami include but are not limited to: 710 Ne 1st Ave, 8215 Sw 72nd Ave, 7440 N Kendall Dr, 353 Aragon Ave
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, PE 1223 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, PE 1223 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
PE 1223 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, PE 1223 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
PE 1223 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While PE 1223 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
PE 1223 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 PE 1223 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- High school nearby
- There is a high school 1 mile away
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Rent trends in Liberty City
studio apartments at PE 1223 cost about 47% more than the average rent price for studio apartments in Liberty City.
Median rents as of Feb 28 2026.
Liberty City
Miami
| Month | Median Rent |
|---|---|
| March 2024 | $2,144 |
| 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 | $2,104 |
| December 2025 | $2,052 |
| January 2026 | $2,013 |
| February 2026 | $2,006 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,150 |
| June 2024 | $1,200 |
| July 2024 | $1,216 |
| August 2024 | $1,256 |
| September 2024 | $1,250 |
| October 2024 | $1,250 |
| November 2024 | $1,175 |
| December 2024 | $1,487 |
| January 2025 | $1,600 |
| February 2025 | $1,750 |
| March 2025 | $1,900 |
| April 2025 | $1,900 |
| May 2025 | $1,325 |
| June 2025 | $1,275 |
| July 2025 | $1,300 |
| August 2025 | $1,321 |
| September 2025 | $1,310 |
| October 2025 | $1,323 |
| November 2025 | $1,339 |
| December 2025 | $1,335 |
| January 2026 | $1,332 |
| February 2026 | $1,339 |
Affordability calculator
Can I afford to live at 1223 Nw 42nd St?
Bedrooms
StudioRent-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
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this studio monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
Schools near PE 1223
Lenora Braynon Smith Elementary School
4700 nw 12th ave
miami, FL, 33127
PK, K-5Public
C+
Thena Crowder Early Childhood Diagnostic Special Education Center
757 nw 66th st
miami, FL, 33150
PK, KPublic
Teenage Parent Program
6300 nw 27th ave rm 92
miami, FL, 33147
PKPublic
Chapman Partnership North Early Childhood Center
1550 n miami ave
miami, FL, 33136
PKPublic
Miami-Dade Virtual High School Franchise
1501 ne 2nd ave
miami, FL, 33132
K-12Public
B
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Internet available near PE 1223
Getting around Miami near 1223 Nw 42nd St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 1223 Nw 42nd St, Miami
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
4/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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