$5,500 Per Month
- 3 Beds
- 3.5 Baths
- 1,708 Sq Ft
- House for Rent
985 NE 115th St, Biscayne Park, FL 33161
985 NE 115th St, Biscayne Park, FL 33161
Frequently Asked Questions
How much does it cost to rent a single-family home in Biscayne Park, FL?
The median rent for a single-family home in Biscayne Park, FL is $5,800 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Biscayne Park, FL?
To comfortably afford the median rent in Biscayne Park, FL, a household needs to earn roughly $248,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $6,200 per month in Biscayne Park, FL, renters typically need to show $18,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Biscayne Park, FL?
In Biscayne Park, FL, the price-to-rent ratio is 14.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Biscayne Park, FL are best for renting a single-family home?
The best neighborhood for renting in Biscayne Park, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Alhambra Heights, Breezeswept Estates, Upper East Side North, Keystone Point and Biscayne Gardens East, each with its own character and price range.
