Cheap Apartments for Rent in Miami, FL from $300 (538 Rentals)

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

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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Miami, FL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Miami, FL

Pricing Updated: 03/05/2025

Current apartment rentals in the Miami, FL area range in price from $510 to $50,000 with an overall median price of $7,743. The three Miami neighborhoods with the lowest median rent pricing are Opa-Locka at $1,195, Country Club Of Miami Estates at $2,200, and North Shore at $1,050. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Miami Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Opa-Locka$2,000$1,195303
Country Club Of Miami Estates$2,200$2,20013
North Shore$2,200$1,050765
Mitchell Lake$2,212$1,100288
Martinique$2,300$1,200201
Miramar Isles$2,300$1,200181
Uleta$2,567$1,4502734
Outer Westchester Tamiami$2,575$1,20011
Westwood Lakes$2,580$1,5008
Lower Hialeah Gardens$2,700$2,1009

Cheapest Available Miami Apartments for Rent

 

The cheapest available apartment rental in Miami, FL is a 2 Beds unit found at Santa Clara I in the Miami River neighborhood priced from $743. 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
Santa Clara I2 Bed 2 Bath2BR,2BA$743
4th Street Commons4x4 Pool View4BR,4BA$999
Coral TerraceStudioStudio,1BA$1,050
1210 NE 110th StstudioStudio,1BA$1,050
Center Court0 Bedroom 1 BathStudio,1BA$1,135
1050 NW 2nd StreetStudioStudio,1BA$1,167
250-252 NE 77th StStudioStudio,1BA$1,195

Best Value Apartments for Rent in Miami, FL

As of March 06, 2025 the best value apartment in the Miami area is the $1.20 price per square foot 1011 NW 195th St Model at 1011 NW 195th St, Unit 1 in the in the Sierra Mirada neighborhood starting from $2,400. The second greatest value Miami apartment is the 186 NW 13th St Model at 186 NW 13th St, Unit B2 starting at $2,900 with a $1.53 price per square foot in the Downtown Miami 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.
1011 NW 195th St, Unit 11011 NW 195th St2BR,2BA$1.20
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
6115 NW 186th St, Unit 2036115 NW 186th St2BR,2BA$1.45
LapisIbizia A - 3BR/3BA3BR,3BA$1.18
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
19810 SW 117th Avecharming two-room apartment1BR,1BA$1.45
14133 SW 152nd Ct, Unit AP14133 SW 152nd CtStudio ,1BA$1.50
Santa Clara I2 Bed 2 Bath2BR,2BA$0.84
11478 SW 214th St, Unit 111478 SW 214th St1BR,1BA$1.29
4th Street CommonsB3 2X22BR,2BA$1.59

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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.

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 $1,195 at Cabana.

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 $743 at Santa Clara I.

What is the most affordable Miami Three Bedroom Apartment?

The best deal on a cheap Miami Three Bedroom Apartment rental is at Glorieta Gardens and starts from $1,625.

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.