Cheap Homes for Rent in Miami Beach, FL from $1,200 (267 Rentals)

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Cheap Homes in Miami Beach.

property at 620 76th St

620 76th St

Miami BeachFL33141

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 12500 NE 5th Ave

12500 NE 5th Ave

North MiamiFL33161
property at 7734 Abbott Ave

7734 Abbott Ave

Miami BeachFL33141

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 1750 James Ave

1750 James Ave

Miami BeachFL33139
property at 741 15th St

741 15th St

Miami BeachFL33139

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 1250 West Ave

1250 West Ave

Miami BeachFL33139
Showing Results 1-50, Page 1 of 6

Miami Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Miami Beach, FL

Pricing Updated: 05/07/2025

Current apartment rentals in the Miami Beach, FL area range in price from $1,000 to $50,000 with an overall median price of $23,721. The three Miami Beach neighborhoods with the lowest median rent pricing are North Beach at $1,000, Allison Island at $4,000, 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
North Beach$3,725$1,000190
Allison Island$4,000$4,0001
Flamingo$27,082$1,520149
Lummus Park$27,082$1,520135
Miami Beach Boardwalk$27,082$1,650114
Mid Beach$27,082$1,600138
South Beach$50,000$1,520226

Cheapest Available Miami Beach Apartments for Rent

 

The cheapest available apartment rental in Miami Beach, FL is a Studio unit found at Coral Terrace in the North Miami neighborhood priced from $1,050. Sawyer’s Walk in the Miami Riverwalk neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,333. Here is today’s list of the most affordable Miami Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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
6844 Harding AveSTUDIOStudio,1BA$1,400
420 78th StStudioStudio,1BA$1,450
Boutique Apts // Bayside Apts LLC0BR/1.0BAStudio,1BA$1,475
410 76th StStudioStudio,1BA$1,500
OCEAN HOUSE NOBE0/1Studio,1BA$1,500

Best Value Apartments for Rent in Miami Beach, FL

As of May 07, 2025 the best value apartment in the Miami Beach area is the $1.15 price per square foot 1320 NE 117th Ter Model at 1320 NE 117th Ter, Unit 1 in the in the North Miami neighborhood starting from $2,900. The second greatest value Miami Beach apartment is the 6039 Collins Ave Model at 6039 Collins Ave, Unit 437 starting at $2,500 with a $1.25 price per square foot in the Oceanfront 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.
1320 NE 117th Ter, Unit 11320 NE 117th Ter3BR,2BA$1.15
6039 Collins Ave, Unit 4376039 Collins Ave2BR,2BA$1.25
600 NE 36th St, Unit PH22 Room only600 NE 36th St1BR,1BA$1.15
2457 Collins Ave, Unit #14012457 Collins Ave2BR,2BA$2.17
7721 Dunham Blvd, Unit TOWNHOME7721 Dunham Blvd3BR,2BA$2.33
8031 Hawthorne Ave, Unit 38031 Hawthorne Ave2BR,1BA$2.00
The Oaks Apartments2/1.52BR,1.5BA$2.30
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
1164 Normandy Dr, Unit 21164 Normandy Dr1BR,1BA$2.38
810 82nd St, Unit 3810 82nd St1BR,1BA$2.19

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Frequently Asked Questions about Miami Beach

What type of rentals are currently available in Miami Beach?

There are currently 2763 Apartments for Rent in Miami Beach, FL with pricing that ranges from $1,000 to $50,000. There are also 2869 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami Beach ranging from $1,250 to $100,000.

What is the current price range for Rental Homes in Miami Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Miami Beach ranges from $1,250 to $100,000 with an average monthly rent of $33,987.

How much are larger Three and Four Bedroom Rentals in Miami Beach?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Miami Beach range from $2,600 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $100,000. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,500.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.