The Most and Least Expensive Areas to Rent in Normandy Isles, North Bay Village, FL

Normandy Isles renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

Normandy Isles, North Bay Village, FL of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Normandy Isles is about $1,499 per month. This puts it in the 65th percentile compared to the city average cost of rent, which is $1,683. Households in Normandy Isles have a median income of $5,084 per month so the average renter in Normandy Isles is spending roughly 29% of their earnings on housing.

Nationally, and in Normandy Isles, home values are the data point most closely correlated with the cost of rent. The median price of a home in Normandy Isles is $230,177 right now, which is lower than nearby neighborhoods, meaning that rents in Normandy Isles also tend to be lower versus these nearby neighborhoods.

Higher rent prices are common in the western parts of Normandy Isles while lower rent rates are often available in central areas.

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