Cheap Apartments for Rent in Miami, FL from $300(591 Rentals)

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2757 SW 34th Ave
$1,0183 Bedroom, 1 Bath Home for RentAvailable Now

2757 SW 34th Ave

Miami, FL 33133
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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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101 NE 60th St
$1,100Studio, 1 Bath Home for RentAvailable Now

101 NE 60th St

Miami, FL 33137
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719 NE 83rd Terrace
$1,1704 Bedroom, 2 Bath Home for RentAvailable Now

719 NE 83rd Terrace

Miami, FL 33138
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6160 SW 18th St
$1,200Studio, 1 Bath Home for RentAvailable Now

6160 SW 18th St

Miami, FL 33155
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7305 NW 17th Ct
$1,2001 Bedroom, 1 Bath Home for RentAvailable Now

7305 NW 17th Ct

Miami, FL 33147
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1060 NW 47th St
$1,250Studio, 1 Bath Home for RentAvailable Now

1060 NW 47th St

Miami, FL 33127
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Miami, FL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Miami, FL

Pricing Updated: 12/25/2024

Current apartment rentals in the Miami, FL area range in price from $300 to $130,000 with an overall median price of $8,096. The three Miami neighborhoods with the lowest median rent pricing are Devon Aire Estates at $1,300, Southern Estates at $1,100, and Towngate at $1,650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Miami Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Devon Aire Estates$1,337$1,3001
Southern Estates$1,600$1,1001
Towngate$1,650$1,6501
Walnut Creek$2,150$887213
Country Club Of Miami Estates$2,200$1,4001
Martinique$2,285$96812
Pinewood$2,289$1,20011
Central Hialeah$2,340$80448
Mango Hill$2,360$80449
Uleta$2,501$1,17565

Cheapest Available Miami Apartments for Rent

 

The cheapest available apartment rental in Miami, FL is a 1 Bed unit found at Miami Stadium Apartments in the Allapattah neighborhood priced from $510. 4th Street Commons in the Fontainebleau Park West neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $999. Here is today’s list of the most affordable Miami apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miami Stadium Apartments1 Bedroom1BR,1BA$510
4th Street Commons4x4 Pool View4BR,4BA$999
Temple CourtStudio1BR,1BA$1,022
1210 NE 110th StstudioStudio,1BA$1,050
Coral TerraceStudioStudio,1BA$1,050
Center Court0 Bedroom 1 BathStudio,1BA$1,135
250-252 NE 77th StStudioStudio,1BA$1,195

Best Value Apartments for Rent in Miami, FL

As of December 25, 2024 the best value apartment in the Miami area is the $0.27 price per square foot 9760 SW 166th Ter Model at 9760 SW 166th Ter, Unit Efficency in the in the Rockdale neighborhood starting from $1,600. The second greatest value Miami apartment is the 5922 Thomas St Model at 5922 Thomas St, Unit 1 starting at $1,850 with a $0.93 price per square foot in the Emerald Hills neighborhood. Here is today’s list of the best values for Miami apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9760 SW 166th Ter, Unit Efficency9760 SW 166th Ter1BR,1BA$0.27
5922 Thomas St, Unit 15922 Thomas St2BR,1.5BA$0.93
813 SW 7th Ave, Unit 1-2813 SW 7th Ave2BR,1BA$1.13
912 N 56th Ave912 N 56th Ave2BR,1BA$1.22
LapisIbizia A - 3BR/3BA3BR,3BA$1.18
1325 NE 111th St, Unit 11325 NE 111th St1BR,1BA$1.25
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
12363 SW 104th Ln12363 SW 104th Ln1BR,1BA$1.30
Edison Terraces2 Beds, 1 bath2BR,1BA$1.39
Miami Stadium Apartments1 Bedroom1BR,1BA$0.85

Quick Rent Budget Calculator

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Miami Overview

Landing it as one of the top 10 US metro areas in population, the Miami metro area is home to over 5 million people - many of whom are nestled in one of the many options in great apartments in Miami. Not only is Miami a major U. S. city, it's often called the Capital of Latin America, and has more international banks than any other city in this country. Miami is a major player nationally and internationally in the worlds of finance, tourism, biotechnology, medicine and many more industries. And as a thriving global city, Miami offers incredible access to culture and arts, from incredible live performances, first rate museums, a thriving art scene and as one of the world's most exciting centers of fashion. Plus, this city is at the heart of the 'sunshine state,' with beautiful beaches, a booming nightlife and in 2008 Forbes magazine named Miami America's cleanest city based on air quality, access to open spaces, water quality, cleanliness of the streets and the recycling program.

Why live in Miami, FL?

Combining near-perfect temperatures, beautiful ocean views and enough fun in the sun to last a lifetime, apartments in Miami are toted as the cream of the crop of the Florida scene. The largest city in terms of population in the Sunshine State and named a global city due to its stature in the industries of finance, entertainment and commerce, Miami apartments place residents firmly in the center of all that Florida has to offer.

Miami, FL
Population: 470,914

Ranked #40

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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

Explore Miami, FL Rentals by Map

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See the most popular apartments and homes in Miami, FL

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Getting Around Miami, FL

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few 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 Apartments

What is the Cheapest Studio apartment in Miami?

Currently the most affordable Cheap Studio Apartment in Miami is at Coral Terrace listed at $1,050.

How much is rent for a Cheap One Bedroom Miami Apartment?

The lowest price for a Cheap One Bedroom Miami Apartment is $510 at Miami Stadium Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Miami is starting from $567 at Miami Stadium Apartments.

What is the most affordable Miami Three Bedroom Apartment?

The best deal on a cheap Miami Three Bedroom Apartment rental is at Miami Stadium Apartments and starts from $619.

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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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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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.