Cheap Apartments for Rent in Miami Beach, FL from $600 (173 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

property at 500 13th St

500 13th St

Miami BeachFL33139
property at 8101 Abbott Ave

8101 Abbott Ave

Miami BeachFL33141
property at 1545 Drexel Ave

1545 Drexel Ave

Miami BeachFL33139
property at 741 15th St

741 15th St

Miami BeachFL33139
property at 536 14th St

536 14th St

Miami BeachFL33139

Miami Beach, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Miami Beach, FL

Pricing Updated: 04/04/2025

Current apartment rentals in the Miami Beach, FL area range in price from $1,350 to $50,000 with an overall median price of $21,034. 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 $1,600. 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$4,0001
North Beach$4,600$1,350172
Flamingo$27,082$1,600110
Lummus Park$27,082$1,61594
Miami Beach Boardwalk$27,082$1,615105
Mid Beach$27,082$1,50084
South Beach$30,314$1,600210

Cheapest Available Miami Beach Apartments for Rent

 

The cheapest available apartment rental in Miami Beach, FL is a 2 Beds unit found at Sawyer’s Walk in the Miami Riverwalk neighborhood priced from $1,333. Helios Apartments Miami Beach in the City Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,345. Here is today’s list of the most affordable Miami Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
Helios Apartments Miami BeachA3Studio,1BA$1,345
Venetian at North MiamiStudioStudio,1BA$1,350
420 78th StStudioStudio,1BA$1,450
410 76th StStudioStudio,1BA$1,500
OCEAN HOUSE NOBE0/1Studio,1BA$1,500
Biscayne1x1 - 775 sqft - The Royal1BR,1BA$1,674
1190 71st St1190-1BD/1BA1BR,1BA$1,700

Best Value Apartments for Rent in Miami Beach, FL

As of April 05, 2025 the best value apartment in the Miami Beach area is the $2.33 price per square foot 2457 Collins Ave Model at 2457 Collins Ave, Unit #1401 in the in the Bayshore neighborhood starting from $3,500. The second greatest value Miami Beach apartment is the C1 Model at Windsor Biscayne Shores starting at $3,104 with a $2.35 price per square foot in the North Miami 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.
2457 Collins Ave, Unit #14012457 Collins Ave2BR,2BA$2.33
Windsor Biscayne ShoresC13BR,2BA$2.35
7721 Dunham Blvd, Unit TOWNHOME7721 Dunham Blvd3BR,2BA$2.33
6965 Harding Ave, Unit #2056965 Harding Ave2BR,2BA$2.36
8031 Hawthorne Ave, Unit 38031 Hawthorne Ave2BR,1BA$2.00
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$2.32

Quick Rent Budget Calculator

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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.

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

Explore Miami Beach, FL Rentals by Map

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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

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 $1,700.

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

The cheapest apartment in Miami Beach is Biscayne which is listed at $1,674, while the average apartment in Miami Beach costs $21,034.

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 148 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 $388 which is $20,646 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.