Apartments for Rent in Allapattah, Miami, FL

Allapattah, Miami apartment availability

Allapattah's rental market offers a strong selection of listings, with an average of 215 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer desirable amenities, including in-unit laundry, air conditioning, and assigned parking. Specifically, 43% of apartments feature in-unit laundry, 34% have air conditioning, and 32% offer assigned parking. With its diverse range of rentals and amenities, Allapattah is a neighborhood worth considering for renters looking for a convenient and comfortable place to call home.

Allapattah, Miami rental market trends

The Allapattah neighborhood in Miami saw a decline in average rent prices over the past year, with a 10.9% decrease to $2,305 per month. Breaking it down by bedroom count, 1-bedrooms are renting for an average of $1,945, a slight 0.1% increase from last year. In contrast, 2-bedrooms experienced a 7.2% decrease to $2,419, while 3-bedrooms saw a 3.9% decrease to $3,196. Studio apartments had the largest decline, with a 19.6% drop to $1,548.

In terms of seasonal trends, February typically sees the highest rent prices, with a 14.1% increase compared to August, the month with the lowest rent. If you're looking for a new apartment, August may be a good time to find a deal. On the other hand, if you're looking to rent out a property, February is likely to be the most lucrative month. Keep in mind that these trends can help inform your decision, whether you're a renter or a landlord.

Why Allapattah, Miami is a great place to live

We've analyzed data from the last few years to understand what makes Allapattah, Miami, an attractive neighborhood for renters. It appears that Allapattah excels in catering to two key lifestyle trends: social life and pet friendliness.

For those who value an active social life, Allapattah's high transit frequency, dense neighborhood population, well-maintained street infrastructure, emphasis on safety, and excellent walk score make it an ideal location. You'll find plenty of opportunities to connect with others and explore the area.

Pet owners will also appreciate Allapattah's pet-friendly features, including spacious accommodations for pets, pet-safe windows, ample outdoor spaces, and a lack of breed restrictions. The neighborhood even hosts pet events and provides convenient pet waste facilities and dog parks, making it a haven for pet lovers. If you're looking for a neighborhood that supports your social and pet-friendly lifestyle, Allapattah is worth considering.