Cheap Homes for Rent in Coconut Grove, FL from $1,500 (168 Rentals)

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Search the lowest-cost Homes available for rent right now in Coconut Grove.

property at 1021 NW 3rd St

1021 NW 3rd St

MiamiFL33128
property at 920 SW 4th Ave

920 SW 4th Ave

MiamiFL33130
property at 361 SW 20th Rd

361 SW 20th Rd

MiamiFL33129

Miami's Best Affordable Neighborhoods

Learn about Miami and the best places to live with original content written by our Miami, FL Local Expert Kelly Reising

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property at 7909 East Dr

7909 East Dr

North Bay VillageFL33141
property at 119 Menores Ave

119 Menores Ave

Coral GablesFL33134
property at 102 SW 6th Ave

102 SW 6th Ave

MiamiFL33130
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Coconut Grove, FL Local Guide

Cheapest Available Coconut Grove Apartments for Rent and Nearby

 

The cheapest available apartment rental in Coconut Grove, FL is a Studio unit found at 1050 NW 2nd Street in the East Little Havana neighborhood priced from $1,161. Terrazul in the Century Park neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,250. Here is today’s list of the most affordable Coconut Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1050 NW 2nd StreetStudioStudio,1BA$1,161
TerrazulD14BR,4BA$1,250
Palm Plaza Apartments1/11BR,1BA$1,600
1945 SW 5th St1 Bedroom, 1 Bathroom1BR,1BA$1,750
555 SW 4Th ST1BR/1.0BA1BR,1BA$1,780

Best Value Apartments for Rent in Coconut Grove, FL and Nearby

As of March 24, 2025 the best value apartment in the Coconut Grove area is the $2.40 price per square foot 343 Madeira Ave Model at 343 Madeira Ave, Unit TH-349 in the in the West Flagler neighborhood starting from $6,000. The second greatest value Coconut Grove apartment is the 3021 SW 27th Ln Model at 3021 SW 27th Ln, Unit # 1 starting at $4,250 with a $1.77 price per square foot in the East Coconut Grove neighborhood. Here is today’s list of the best values for Coconut Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
343 Madeira Ave, Unit TH-349343 Madeira Ave3BR,3BA$2.40
3021 SW 27th Ln, Unit # 13021 SW 27th Ln3BR,2BA$1.77
740 SW 9th St, Unit 1740 SW 9th St1BR,1BA$1.52
3403 SW 12th St, Unit 34033403 SW 12th St3BR,1BA$1.57
999 Brickell Bay Dr, Unit 1510999 Brickell Bay Dr2BR,2BA$2.46
1219 NW 2nd St, Unit 5041219 NW 2nd St2BR,1BA$2.25
720 SW 7th Ave, Unit 2720 SW 7th Ave2BR,1BA$2.44
AERIE ApartmentsPrivate Bedroom in Shared 2Bd Apartment1BR,1BA$1.67
Otto ApartmentsPrivate Room in Two Bed Two Bath1BR,1BA$1.90
1569 NW 2nd St, Unit #31569 NW 2nd St1BR,1BA$2.00

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Frequently Asked Questions about Coconut Grove

What type of rentals are currently available in Coconut Grove?

There are currently 2872 Apartments for Rent in Coconut Grove, FL with pricing that ranges from $1,099 to $20,320. There are also 1644 Single Family Homes for rent, Condos, and Townhome rentals currently available in Coconut Grove ranging from $1,500 to $75,000.

What is the current price range for Rental Homes in Coconut Grove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Coconut Grove ranges from $1,500 to $75,000 with an average monthly rent of $16,000.

How much are larger Three and Four Bedroom Rentals in Coconut Grove?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Coconut Grove range from $2,750 to $15,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $29,990. Four Bedroom Single-Family rentals are also available starting from $4,350 and Four Bedroom Apartments start at $3,495.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.