Cheap Apartments for Rent in Miami Beach, FL from $600 (179 Rentals)

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

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 931 79th Terrace

931 79th Terrace

Miami BeachFL33141
property at 1545 Drexel Ave

1545 Drexel Ave

Miami BeachFL33139
property at 8142 Byron Ave

8142 Byron Ave

Miami BeachFL33141
property at 500 13th St

500 13th St

Miami BeachFL33139
property at 8101 Abbott Ave

8101 Abbott Ave

Miami BeachFL33141
property at 1521 Lenox Ave.

1521 Lenox Ave.

Miami BeachFL33139
property at 536 14th St

536 14th St

Miami BeachFL33139
Showing Results 1-50, Page 1 of 4

Miami Beach, FL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Miami Beach, FL

Pricing Updated: 03/27/2025

Current apartment rentals in the Miami Beach, FL area range in price from $1,350 to $50,000 with an overall median price of $20,956. The three Miami Beach neighborhoods with the lowest median rent pricing are Allison Island at $4,000, North Beach at $1,350, and Flamingo at $1,520. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Miami Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Allison Island$4,000$4,00020
North Beach$4,750$1,3506891
Flamingo$26,907$1,5201711
Lummus Park$26,907$1,5201580
Miami Beach Boardwalk$26,907$1,5201745
Mid Beach$26,907$1,3952628
South Beach$30,314$1,5203926

Cheapest Available Miami Beach Apartments for Rent

 

The cheapest available apartment rental in Miami Beach, FL is a 2 Beds unit found at 1190 71st St in the Nautilus neighborhood priced from $796. 1210 NE 110th St in the San Souci Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Miami Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1190 71st St1208-2BD/2BA2BR,2BA$796
1210 NE 110th StstudioStudio,1BA$1,050
Coral TerraceStudioStudio,1BA$1,050
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
Helios Apartments Miami BeachA3Studio,1BA$1,345
Venetian at North MiamiStudioStudio,1BA$1,350
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$1,395
420 78th StStudioStudio,1BA$1,450
OCEAN HOUSE NOBE0/1Studio,1BA$1,500

Best Value Apartments for Rent in Miami Beach, FL

As of March 27, 2025 the best value apartment in the Miami Beach area is the $2.46 price per square foot 999 Brickell Bay Dr Model at 999 Brickell Bay Dr, Unit 1510 in the in the Miami Riverwalk neighborhood starting from $3,200. The second greatest value Miami Beach apartment is the 7721 Dunham Blvd Model at 7721 Dunham Blvd, Unit TOWNHOME starting at $2,800 with a $2.33 price per square foot in the Upper East Side neighborhood. Here is today’s list of the best values for Miami Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
999 Brickell Bay Dr, Unit 1510999 Brickell Bay Dr2BR,2BA$2.46
7721 Dunham Blvd, Unit TOWNHOME7721 Dunham Blvd3BR,2BA$2.33
8031 Hawthorne Ave, Unit 38031 Hawthorne Ave2BR,1BA$2.00
6965 Harding Ave, Unit #2056965 Harding Ave2BR,2BA$2.36
The Oaks Apartments2/1.52BR,1.5BA$2.46
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Camelot Court2b/1bath2BR,1BA$2.40
810 82nd St, Unit 3810 82nd St1BR,1BA$2.19
Biscayne1x1 - 750 sqft - The Majestic1BR,1BA$2.33
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$2.33

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.

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Miami Beach Overview

Arguably one of the nation's most revered beachfront regions, Miami Beach is practically the epitome of Florida living. Boasting scenic, sun-drenched shores, retail shopping galore, and plenty of job opportunities, this consistent hot spot is an in-demand locale with good reason.

Why live in Miami Beach, FL?

Long considered a southern paradise, Miami Beach rentals offer some of the best that Florida has to offer. Gorgeous seaside views meld with an array of local shopping, dining and nightlife amenities, while the city's close proximity to Miami proper grants residents an easy commute to one of the largest and most consistent local economies in the entire Sunshine State. Simply put, this is epic Florida living.

Best Local Schools in
Miami Beach, FL

School data provided by Great Schools

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

Explore Miami Beach, FL Rentals by Map

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See the most popular apartments and homes in Miami Beach, FL

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Getting Around Miami Beach, FL

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

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 Miami Beach Apartments

What is a cheap apartment in Miami Beach?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miami Beach is under $1,500.

What is the price of a cheap apartment in Miami Beach?

The cheapest apartment in Miami Beach is 4540 Royal Palm Ave which is listed at $1,395, while the average apartment in Miami Beach costs $20,956.

What types of apartments are the cheapest in Miami Beach?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,134 regular apartments in Miami Beach that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Miami Beach?

Cheap apartments in Miami Beach have an average cost of $411 which is $20,545 cheaper than the average rent for all rentals in Miami Beach.

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.