Cheap Homes for Rent in Miami Beach, FL from $1,200 (298 Rentals)

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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 7734 Abbott Ave

7734 Abbott Ave

Miami BeachFL33141
property at 6944 Byron Ave

6944 Byron Ave

Miami BeachFL33141
property at 1445 71st St

1445 71st St

Miami BeachFL33141
property at 850 81st St

850 81st St

Miami BeachFL33141
property at 7909 East Dr

7909 East Dr

North Bay VillageFL33141
property at 1250 West Ave

1250 West Ave

Miami BeachFL33139
property at 300 74th St

300 74th St

Miami BeachFL33141
property at 740 84th St

740 84th St

Miami BeachFL33141
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Miami Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Miami Beach, FL

Pricing Updated: 03/22/2025

Current apartment rentals in the Miami Beach, FL area range in price from $1,300 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 $1,300, 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$4,00020
North Beach$4,750$1,3006993
Flamingo$26,907$1,6001496
Lummus Park$26,907$1,3951391
Miami Beach Boardwalk$26,907$1,6151542
Mid Beach$26,907$1,3952462
South Beach$30,314$1,6003816

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 22, 2025 the best value apartment in the Miami Beach area is the $2.45 price per square foot C1 Model at Windsor Biscayne Shores in the in the North Miami neighborhood starting from $3,229. 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.
Windsor Biscayne ShoresC13BR,2BA$2.45
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$2.37
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$2.33

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Frequently Asked Questions about Miami Beach

What type of rentals are currently available in Miami Beach?

There are currently 2739 Apartments for Rent in Miami Beach, FL with pricing that ranges from $1,050 to $50,000. There are also 2741 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami Beach ranging from $1,200 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 $1,200 to $100,000 with an average monthly rent of $29,785.

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 $2,700 to $18,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,375 to $70,000. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,800.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.