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Top Rated Cheap Apartments for Rent in Miami, FL from $300 (42 Rentals)
Apartments in Miami with the best features, newest construction, and richest amenities.
Search the lowest-cost Apartments available for rent right now in Miami.
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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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from $1,0941 to 3 Bedroom Apartments Contact Us For Availability
Ambar Trail
15000 SW 272th StHomestead, FL 33032
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from $1,290Studio to 3 Bedroom Apartments Contact Us For Availability
Park Apartments
28610 SW 152nd AveHomestead, FL 33033
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from $1,3101 to 4 Bedroom Apartments Contact Us For Availability
Villa Capri
14548 SW 284th StHomestead, FL 33033
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from $1,425Studio to 1 Bedroom Apartments Available Now
Taft Plaza Apartments
6460 Taft StHollywood, FL 33024
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Showing Results 1-42, Page 1 of 1
Miami, FL Local Guide
How much does it cost to rent an apartment in Miami?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Miami Studio Apartments | $2,300 | $1,050 | $5,304 |
| Miami 1 Bedroom Apartments | $2,608 | $510 | $8,500 |
| Miami 2 Bedroom Apartments | $3,224 | $567 | $10,000+ |
| Miami 3 Bedroom Apartments | $4,126 | $619 | $10,000+ |
| Miami 4 Bedroom Apartments | $6,304 | $1,150 | $10,000+ |
| Miami 5 Bedroom Apartments | $10,967 | $1,160 | $10,000+ |
| Miami 6 Bedroom Apartments | $5,400 | $2,800 | $8,000 |
Explore Miami
Miami, FL Local Guide
- Miami Neighborhoods
- Nearby Cities
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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.
Miami, FL Area Reviews
Do you know the Miami area?
Let everyone know!
Write a Review
Hector • 1+ years in Miami
April 3, 2025Its expensive to live here, but worth the cost. Lots of great Cuban food and vibe everywhere. Its overcrowded, but its nice here.
Frequently Asked Questions about Cheap Miami Apartments
What is a cheap apartment in Miami?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miami is under $1,245.
What is the price of a cheap apartment in Miami?
The cheapest apartment in Miami is Cabana which is listed at $1,195, while the average apartment in Miami costs $7,801.
What types of apartments are the cheapest in Miami?
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 6,427 regular apartments in Miami 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?
Cheap apartments in Miami have an average cost of $998 which is $6,803 cheaper than the average rent for all rentals in Miami.
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.
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.
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.
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.
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.