Indigo Palmetto Bay
9420-9500 SW 174th St,
Palmetto Bay, FL 33157
Studio - 3 Beds | $2,049 - $5,934
Rental Market Trends in Cutler Bay, FL
What is the average rent in Cutler Bay, FL?
$1,781/month
Average Rent
610 Sq Ft
Average Apartment Size
+1.4%
Increase in the Last Year
As of December 2024, the average rent in Cutler Bay, FL is $1,781 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Cutler Bay rent prices are 14% higher than the national average. When you rent an apartment in Cutler Bay, you can expect to pay about $1,299 per month for a studio, $1,781 for a one-bedroom apartment, and around $2,079 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cutler Bay, FL?
In the past year, rent has increased by 1.4%, which averages out to $26 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Cutler Bay, FL
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
100%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Cutler Bay, FL?
Because the average rent in Cutler Bay is $1,781, you’ll want to make about $5,936 per month or $71,232 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Cutler Bay, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Cutler Bay, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Methodology
† 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.
* Percentages may not total 100 due to rounding.