Apartments for Rent in Northeast Coconut Grove, Miami, FL

Northeast Coconut Grove, Miami apartment availability

Northeast Coconut Grove's rental market offers a strong selection of listings, with an average of 266 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a smaller number of studios. Many of these rentals offer desirable amenities, including in-unit laundry, swimming pools, and dishwashers, which are available in approximately 63%, 52%, and 51% of apartments, respectively. With its varied housing stock and range of amenities, Northeast Coconut Grove is a popular choice for renters in Miami.

Northeast Coconut Grove, Miami rental market trends

Northeast Coconut Grove's rental market experienced a slight decline of 0.24% in 2024, with an average monthly rent of $6,224 across all bed counts and property types. Breaking it down by bed count, 1-bedrooms averaged $2,616 per month, a 1.58% increase from the previous year. The average rent for 2-bedrooms was $5,750, while studios came in at $2,111.

Summer months tend to see the highest demand and prices in Northeast Coconut Grove, with July typically being the most expensive month. Rents in July are about 22% higher compared to March, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the summer. On the other hand, searching during the spring, particularly in March, may result in more affordable options. Keep in mind that the rental market can fluctuate, but understanding these trends can help you navigate the market more effectively.

Why Northeast Coconut Grove, Miami is a great place to live

Northeast Coconut Grove stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value pet friendliness and an active social life.

For pet owners, the area offers a thoughtful environment with amenities such as dedicated pet spaces in homes, pet-safe windows, and nearby pet hospitals ensuring the well-being of their furry friends. The abundance of outdoor spaces and dog parks further complements a pet-friendly lifestyle, making it an ideal location for those who consider their pets as part of the family.

Simultaneously, Northeast Coconut Grove fosters a vibrant social life. Its high walk score, well-planned street infrastructure, and frequent transit options enhance mobility and connectivity. The presence of shared community spaces and a focus on safety contribute to a neighborhood where residents can easily interact, explore, and enjoy local attractions together. This blend of pet friendliness and social amenities makes Northeast Coconut Grove a desirable place to live.