Cheap Apartments for Rent in Key Biscayne, FL from $1,000 (18 Rentals)

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

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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723 2nd St
Studio Apartments

723 2nd St

723 2nd StMiami Beach, FL 33139
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The Andes Apartments
Studio to 2 Bedroom Apartments

The Andes Apartments

1260 SW 6th StMiami, FL 33135
  • Smoke Free
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555 SW 4Th ST
1 Bedroom Apartments

555 SW 4Th ST

555 SW 4th StMiami, FL 33130
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Legacy at The Roads
1 to 2 Bedroom Apartments

Legacy at The Roads

2110 SW 3rd AveMiami, FL 33129
  • Utilities Included
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675 SW 6th St
1 Bedroom Apartments

675 SW 6th St

675 SW 6th StMiami, FL 33130

Key Biscayne, FL Local Guide

Cheapest Available Key Biscayne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Key Biscayne, FL is a 1 Bed unit found at 555 SW 4Th ST in the Miami Riverwalk neighborhood priced from $1,780. Ram Miami River South Apartments in the Miami Riverwalk neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,919. Here is today’s list of the most affordable Key Biscayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
555 SW 4Th ST1BR/1.0BA1BR,1BA$1,780
Ram Miami River South Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,919
The Vibe MiamiA1.11BR,1BA$2,075
Legacy at The RoadsModel A21BR,1BA$2,175
3270 West Trade Avenue2/12BR,1BA$2,200

Best Value Apartments for Rent in Key Biscayne, FL and Nearby

As of March 27, 2025 the best value apartment in the Key Biscayne area is the $2.82 price per square foot 2 Bedroom Model at Silver Bluff Underline in the in the East Coconut Grove neighborhood starting from $2,873. The second greatest value Key Biscayne apartment is the Monte Carlo Model at Yacht Club Apartments starting at $3,050 with a $3.29 price per square foot in the Miami Riverwalk neighborhood. Here is today’s list of the best values for Key Biscayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Silver Bluff Underline2 Bedroom2BR,2BA$2.82
Yacht Club ApartmentsMonte Carlo1BR,1BA$3.29
Ram Miami River South Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$3.09
East River LivingA41BR,2BA$3.25
Grove Station TowerC1BR,1BA$3.66
Legacy at BrickellModel A21BR,1BA$3.06
The Vibe MiamiA1.11BR,1BA$3.51
Legacy at The RoadsModel A11BR,1BA$3.47
3270 West Trade Avenue2/12BR,1BA$3.61
555 SW 4Th ST1BR/1.0BA1BR,1BA$3.37

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

Explore Key Biscayne, FL Rentals by Map

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Getting Around Key Biscayne, FL

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Key Biscayne Apartments

What is the Cheapest Studio apartment in Key Biscayne?

Currently the most affordable Cheap Studio Apartment in Key Biscayne is at Alea Miami listed at $2,385.

How much is rent for a Cheap One Bedroom Key Biscayne Apartment?

The lowest price for a Cheap One Bedroom Key Biscayne Apartment is $1,780 at 555 SW 4Th ST.

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

Today's best deal for a Cheap Two Bedroom Apartment in Key Biscayne is starting from $2,200 at 3270 West Trade Avenue.

What is the most affordable Key Biscayne Three Bedroom Apartment?

The best deal on a cheap Key Biscayne Three Bedroom Apartment rental is at Grove Station Tower and starts from $3,976.

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.

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The 10 Best Affordable Neighborhoods in Miami, FL

Written by: Kelly Reising

I’m Kelly, your ApartmentHomeLiving.com local expert from Miami, Florida. I’ve lived in Miami for a while now, and it’s truly one of the most exciting, vibrant, and beautiful places to live.

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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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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.

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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.