Miami World Tower
710 NE 1st Ave,
Miami, FL 33132
$2,440 - $6,465 | Studio - 2 Beds
Off the coast of the Biscayne Bay, Park West is a buzzing neighborhood spanning to the south of the Interstate 395 and Highway 1 intersection. Although the neighborhood is small, it’s packed full of exciting opportunities. Head to the bayfront park called Maurice A. Ferré Park to enjoy the Phillip and Patricia Frost Museum of Science, Pérez Art Museum Miami, an amphitheater, and a trail following along the shore. Also situated off the shore is American Airline Arena which hosts everything from Miami Heat Games to star-studded concerts. Farther inland is where the residential areas can be found. Renters have options of luxury high-rises and condos with scenic views of the water and skyline. The inland section of town also features exciting nightlife, delicious restaurants, and the Miami Worldcenter, an over 25-acre, mixed-use development. Just south of the neighborhood sits the Miami Dade College-Wolfson Campus as well as Downtown Miami.
As of April 2025, the average apartment rent in Park West is $2,745 for a studio, $3,470 for one bedroom, $4,016 for two bedrooms, and $4,235 for three bedrooms. Apartment rent in Park West has increased by 2.9% in the past year.
Studio
540 sq ft
Average Sq Ft
$2,745/month
Average Rent
1 BR
812 sq ft
Average Sq Ft
$3,470/month
Average Rent
2 BR
1,040 sq ft
Average Sq Ft
$4,016/month
Average Rent
3 BR
1,281 sq ft
Average Sq Ft
$4,235/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.