Cheap Apartments for Rent in Islamorada, FL from $400 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Islamorada.

close
View Me
Wet Net Villas
3 Bedroom Apartments

Wet Net Villas

81101 Overseas HwyIslamorada, FL 33036
  • Utilities Included
close
View Me
Windmill Farms
1 to 3 Bedroom Apartments

Windmill Farms

12871 SW 242nd StHomestead, FL 33032
Showing Results 1-15, Page 1 of 1

Islamorada, FL Local Guide

Cheapest Available Islamorada Apartments for Rent

 

The cheapest available apartment rental in Islamorada, FL is a 1 Bed unit found at Cordova Estates in the Outer Homestead South Dade neighborhood priced from $497. Princeton Crossings in the Modello neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here is today’s list of the most affordable Islamorada apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cordova Estates1 Bed, 1 bath1BR,1BA$497
Princeton Crossings1 Bedroom1BR,1BA$1,149
Cabana Club1 Bedroom1BR,1BA$1,211
Mango Way ApartmentsSTUDIOStudio,1BA$1,245
Naranja Grand I - Now Leasing1 Bedroom 60%1BR,1BA$1,367

Best Value Apartments for Rent in Islamorada, FL

As of April 12, 2025 the best value apartment in the Islamorada area is the $1.62 price per square foot TH3 Model at Seascape Pointe Townhomes in the in the Modello neighborhood starting from $2,250. The second greatest value Islamorada apartment is the 2 Beds, 2.5 baths Model at Ambar Key Homes starting at $1,925 with a $1.71 price per square foot in the Outer Homestead South Dade neighborhood. Here is today’s list of the best values for Islamorada apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seascape Pointe TownhomesTH33BR,2.5BA$1.62
Ambar Key Homes2 Beds, 2.5 baths2BR,2.5BA$1.71
MODERN TOWERSB2BR,2BA$2.23
Venice At Crystal LakesMonet II2BR,2BA$1.89
19810 SW 117th Avecharming two-room apartment1BR,1BA$1.45
South Pointe Apartments2/22BR,2BA$2.05
Princeton Landings2 Bed 2 Baths B2 Floor Plan2BR,2BA$2.35
Princeton Crossings1 Bedroom1BR,1BA$1.60
Lanai Landings1/11BR,1BA$2.42
Cabana Club1 Bedroom1BR,1BA$1.89

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Islamorada, FL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Islamorada, FL

View MapIslamorada, FL Apartments MapView MapIslamorada, FL Rental Homes Map

Getting Around Islamorada, FL

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Islamorada Apartments

What is the Cheapest Studio apartment in Islamorada?

Currently the most affordable Cheap Studio Apartment in Islamorada is at Mango Way Apartments listed at $1,245.

How much is rent for a Cheap One Bedroom Islamorada Apartment?

The lowest price for a Cheap One Bedroom Islamorada Apartment is $497 at Cordova Estates.

What is the lowest price for a Cheap Two Bedroom Islamorada Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Islamorada is starting from $1,333 at Princeton Crossings.

What is the most affordable Islamorada Three Bedroom Apartment?

The best deal on a cheap Islamorada Three Bedroom Apartment rental is at Princeton Crossings and starts from $1,504.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.