281 NE 48th Terrace, Unit SI ID1044569P, Miami, FL 33137
Downtown Miami
Monthly Cost Breakdown at 281 NE 48th Terrace Apartment
The listed rent isn't the whole number. Here's what 281 NE 48th Terrace Apartment actually costs each month once you add required fees and insurance.
Renters Insurance at 281 NE 48th Terrace Apartment
What Affects Your Premium Here
Every building is different. These factors specific to 281 NE 48th Terrace Apartment can push your insurance cost up or down:
Open Access
No gated or controlled access — higher theft exposure
FEMA Flood Zone
Zone X — minimal flood risk
FBI UCR
Property crime rate: 2477/100K (57% above national average)
What You'll Likely Pay
$18
Est. Monthly
$215
Est. Annual
$17
With Discounts/mo
$16
State Avg/mo
How Much Coverage Makes Sense
Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for 281 NE 48th Terrace Apartment based on the rent level and building features.
Personal Property
What your stuff is worth
If you own less
$50,000
If you own more
$100,000
Liability
Covers accidental harm & lawsuits
Standard minimum for most lease requirements in Florida
How Carriers Compare for This Area
Not all carriers price the same zip code equally. Here's how the major options stack up near 281 NE 48th Terrace Apartment:
| Carrier | Monthly | Annual |
|---|---|---|
| Lemonade | $10/mo | $123/yr |
| USAA | $12/mo | $138/yr |
| State Farm | $15/mo | $184/yr |
| Progressive | $17/mo | $200/yr |
| Safeco | $17/mo | $200/yr |
| Travelers | $18/mo | $215/yr |
| Allstate | $19/mo | $230/yr |
| Nationwide | $19/mo | $230/yr |
| Farmers | $20/mo | $246/yr |
| Liberty Mutual | $23/mo | $276/yr |
Discounts You May Qualify For
Next Step
See if you can beat $17/mo
5 discounts may apply here. Real quotes show your actual price — estimates can't.
Property Crime & Theft Risk
Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Miami.
Miami property crime rate
per 100K residents
U.S. avg is 1,578 per 100K
Breakdown per 100K residents
U.S. average
Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. 281 NE 48th Terrace Apartment also has on-site security features (Security cameras, Perimeter fencing) that insurers recognize with discounts.
Source: FBI UCR Program, Miami (2024-12 to 2025-11)
On-Site Security
Flood Risk
Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for 281 NE 48th Terrace Apartment.
FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk
Flood insurance optional but inexpensive in this zone.
Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.
Amenities
Special Features
Community Features
Floor Plan Amenities
About 281 NE 48th Terrace Apartment
From the property listing:
The advertised rate of $6,376/month is the lowest available price, based on a 1 month(s) stay with a move-in date of September 6, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Step into this modern Miami retreat, featuring a sleek open floor plan and a large private fenced backyard, perfect for relaxing in style.
Other Options Nearby
Still weighing your choices? These communities are in the same part of Miami — compare rent and estimated insurance cost side by side.
1000 Brickell Plz Condo
Downtown Miami
133 NE 2nd Ave Unit 3206 Apartments
Downtown Miami
1550 Brickell Ave Apartments
Downtown Miami
1601 Coral Gate Apartments
Downtown Miami
2000 Biscayne Apartments
Downtown Miami
23 Palms Apartments
Downtown Miami
Frequently Asked Questions
Does 281 NE 48th Terrace Apartment require renters insurance?
How much is renters insurance at 281 NE 48th Terrace Apartment?
What will I actually pay per month at 281 NE 48th Terrace Apartment?
How safe is the area around 281 NE 48th Terrace Apartment?
Get Renters Insurance for 281 NE 48th Terrace Apartment
See how much you could save on renters insurance
Disclaimer
The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.
SafeButler Inc. strives to ensure that the information on this site is up to date, but we will not be held liable for any delays, inaccuracies, errors, or omissions. This site and all materials contained on it are distributed and provided "as is" and "as available" for use. SafeButler.com makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.